|Bid||172.840 x 200|
|Ask||172.850 x 300|
|Day's Range||170.890 - 173.700|
|52 Week Range||108.250 - 176.240|
|PE Ratio (TTM)||19.62|
|Earnings Date||Jan 29, 2018 - Feb 2, 2018|
|Dividend & Yield||2.52 (1.48%)|
|1y Target Est||186.57|
Apple’s (AAPL) iPhone X supplier, Foxconn, reportedly had students illegally working overtime to assemble the flagship device. According to the Financial Times, six high school students said they worked 11-hour shifts to help assemble the tech giant’s new phone at a factory in Zhengzhou, China. The report said the six were among 3,000 students sent to work in the factory in September. Apple shares were last trading at $173.47, a few bucks shy of their all-time high hit earlier this month. The Justice Department has filed a federal lawsuit to block the $85 billion merger between AT&T (T) and Time Warner (TWX).
Investors concerned about hardware sales stagnation should take heart: Apple's service division might just be a leading indicator.
Ireland expects to make progress in recovering up to 13 billion euros ($15 billion) in disputed taxes from Apple Inc (AAPL.O) in the coming weeks, its prime minister said on Tuesday, following EU criticism that Dublin was moving too slowly. The European Commission ruled in August 2016 that Apple had received unfair tax incentives from Ireland and said last month it was taking Dublin to the European Court of Justice over its delays in recovering the money. Both Apple and Dublin are appealing the original ruling, saying the iPhone maker's tax treatment was in line with Irish and European Union law.
As part of its $103 billion bid to buy Qualcomm Inc, Broadcom Ltd has hinted that it would make big changes to Qualcomm's patent licensing business, a major cash-cow for the company but a source of bitter conflict with regulators and key customers including Apple Inc. Qualcomm has so far rejected Broadcom's takeover offer, saying the offer undervalued the company and would face regulatory hurdles. Patent licenses accounted for some $5.1 billion in pre-tax profits for Qualcomm in its fiscal 2017, compared with $2.7 billion in pre-tax profits for its chip business that brings in two and a half times more revenue.
Thanksgiving is a very important time for the stock market. Here are four technology companies that we believe will likely benefit from the upcoming holiday season.
Stocks hammered out strong early gains Tuesday with a boost from global markets and despite a volatile mix of early earnings news.
Apple Music is a bit of an also-ran in the world of subscription services, and one industry watcher recently looked at what it would take for that to change. Gene Munster, a former Piper Jaffray analyst who now works as a venture capitalist at Loup Ventures, writes Tuesday that he views having at least 75 million monthly subscribers as the mark of success for a “winning” content platform. As it stands, Apple Music has about 30 million.