|Bid||186.8100 x 100|
|Ask||186.9100 x 1000|
|Day's Range||186.4600 - 194.4800|
|52 Week Range||150.2400 - 233.4700|
|Beta (3Y Monthly)||1.21|
|PE Ratio (TTM)||16.90|
|Earnings Date||Jan 30, 2019 - Feb 4, 2019|
|Forward Dividend & Yield||2.92 (1.50%)|
|1y Target Est||235.96|
Customers can now get a MacBook Pro with an AMD Radeon Pro Vega 16 or Vega 20 graphics processing unit. Before this update, users could only get Radeon Pro 555X or 560X GPUs. As the name suggests, Vega is a new generation of graphics processors.
Concerns about the Chinese economy have been among the major risks spooking investors globally. Concerns about China’s growth outlook impact metal and mining companies (SPY) like Freeport-McMoRan (FCX). China (FXI) is also a major market for US giants like Ford (F) and Apple (AAPL). On November 14, China released several economic indicators.
Apple entered a bear market on Wednesday as shares added to a 20 percent decline from recent all-time highs.
Investors have grown concerned that the Cupertino, California-based company will suffer declines in iPhone unit sales over the next couple years. "You're talking not just about what Apple represents, but its effect across the whole food chain, including semiconductors," said Apple analyst Daniel Ives. Shares of Apple AAPL , a bellwether for the technology sector, entered a bear market on Wednesday as the decline from its recent all time high now totals more than 20 percent.
The Dow Jones Industrial Average was lower Wednesday as investors balanced largely positive news on inflation against Chinese data and worries about Brexit.
US equity markets saw a sharp sell-off last month and pared some of their 2018 gains. November hasn’t been much better. Broader equity markets are still below their 2018 highs. Among the broader market ETFs, the SPDR S&P 500 ETF (SPY) has gained 0.5% in November. SPY has risen 3.3% in 2018 based on the closing prices on November 13. However, the Invesco QQQ ETF (QQQ) has lost 1.9% in November.
ripped into technology companies that “carefully assembled, synthesized, traded, and sold” then “weaponized” their users’ data. “These stockpiles of personal data serve only to enrich the companies that collect them,” he told a receptive audience in Brussels. Mr. Cook is, after all, talking his book: Apple makes its money by charging premium prices for its products. Google and Facebook make theirs by giving away their products and then selling ads.
Over the last few weeks, we have all heard (and seen) the shift investors have made away from growth, financials, energy, and cyclicals to the most exciting of groups, consumer staples. The shift has been not only the consumer staples companies, but who they sell to as well, like McDonald’s. It has been a good move so far. Sell your Apple (AAPL), buy some P&G (PG). And to a certain extent this has made sense. I have been very vocal about the earnings cliff coming for the likes of Apple and Nvidia (NVDA). And, the consumer is doing well – we still have low unemployment and wages are rising. But please remember one big fact. These stocks are companies with revenue, earnings, cash and dividend streams. And all the hiding and reallocating won’t help when the environment changes again, and these companies are just expensive.
A raft of profit warnings from Apple Inc (AAPL.O) suppliers this week has fueled investor concerns that iPhone sales, in terms of volume, have hit a wall that could spell trouble for the company's plans to make services its main pillar of growth. For the past year, investors had largely been willing to overlook stagnating unit sales of the iPhone because average selling prices kept rising. Without volume growth in promising overseas markets such as India, Brazil and Russia, the worry is that Apple has at least parts of its strategy wrong with too much emphasis on its premium brand and the high prices that go with it.
For the past year, investors had largely been willing to overlook stagnating unit sales of the iPhone because average selling prices kept rising. Without volume growth in promising overseas markets such as India, Brazil and Russia, the worry is that Apple has at least parts of its strategy wrong with too much emphasis on its premium brand and the high prices that go with it. Apple currently has what it calls an active installed base of 1.3 billion iPhones, iPads and Macs, serving as the pool of potential customers for its services - a business which hit $37.1 billion in revenue for the most recent fiscal year.