|Bid||190.98 x 1300|
|Ask||191.00 x 1200|
|Day's Range||190.79 - 197.69|
|52 Week Range||142.00 - 233.47|
|Beta (3Y Monthly)||0.99|
|PE Ratio (TTM)||15.76|
|Earnings Date||Apr 29, 2019 - May 3, 2019|
|Forward Dividend & Yield||2.92 (1.50%)|
|1y Target Est||180.85|
BEIJING — Apple CEO Tim Cook said Saturday that he is "extremely bullish" about the global economy based on the amount of innovation underway, and urged China to continue to "open up" amid complaints from the U.S. and others that it is shutting foreign firms out of key high-tech industries.In a speech at an economic forum in Beijing, Cook said Apple is less concerned with the short-term economic outlook because the tech giant makes investments looking ahead years or decades."In the long term, I'm extremely bullish. I think the key to the economy, unlocking its potential has always been innovation, and when I travel around the world, I've never seen innovation at a more feverish pace than I do today, so I'm extremely optimistic," Cook told participants at the China Development Forum, a gathering of business leaders in Beijing.His remarks come as China and the U.S. prepare to meet again to resolve their trade dispute, which has roiled global markets, and as Apple is expected to announce that it is launching a video service.The iPhone has long been Apple's marquee product and main money maker, but sales are starting to decline. The company is pushing digital subscriptions as it searches for new growth.Apple is one of many American companies now grappling with increasing Chinese consumer anxiety. China is a major market for Apple and other smartphone makers, accounting for one-third of the industry's global handset shipments.In other comments, Cook said the world was "facing greater challenges than ever before.""Climate change is threatening our planet, poverty and inequality hold citizens and nations back from their potential, basic health care remains out of reach for millions," he said."At the same time ... we can have a healthy planet and a thriving economy. We can continue to lift millions of people out of poverty, and we can give everyone a chance to learn and thrive. To fulfil this potential, we must all work hand in hand, government, academic institutions and businesses like Apple," Cook said.Dake Kang, The Associated Press
Apple CEO Tim Cook said Saturday that he is "extremely bullish" about the global economy based on the amount of innovation underway, and urged China to continue to "open up" amid complaints from the U.S. and others that it is shutting foreign firms out of key high-tech industries. In a speech at an economic forum in Beijing, Cook said Apple is less concerned with the short-term economic outlook because the tech giant makes investments looking ahead years or decades.
The chief executive officer is expected to unveil streaming video and news subscriptions, key parts of Apple’s push to transform itself into a leading digital services provider. The company may even discuss a monthly video games subscription. Likely absent from the event: Any new versions of the gadgets that have helped Apple generate hundreds of billions of dollars in profit since 1976.
Apple chief executive Tim Cook nudged China on Saturday to open up and said the future would depend on global collaboration, as the United States and China remained locked in a bitter trade dispute. "We encourage China to continue to open up, we see that as essential, not only for China to reach its full potential, but for the global economy to thrive," Cook said at a China Development Forum in Beijing. Despite official pledges and repeated assurances that China would continue to open its markets, some analysts worry that its reform project has slowed or even stalled under President Xi Jinping, who has sought greater control over the economy and a bigger role for state-owned firms at the expense of the private sector.
President Donald Trump on Friday said he’s nominating former campaign adviser Stephen Moore to be a governor of the Federal Reserve -- potentially putting a political loyalist in lockstep with Trump’s view on juicing the economy into the middle of Fed deliberations heading into the 2020 election. Trump has gone from heckling Fed Chairman Jerome Powell on Twitter to trying to give one of his allies a hand on the levers of U.S. monetary policy. As a Fed governor, a position that requires Senate confirmation, Moore would be in a position to espouse his and the White House’s view that the economy can grow much faster without generating inflation.
I, with five remotes, should know. Customer fatigue with streaming will ultimately lead to a Great Rebundling.
The Stadia platform may eventually face competition from Microsoft and Nvida and will need to develop its own hit games.
Wall Street stocks sold off sharply on Friday, with all three major U.S. stock indexes posting their biggest one-day percentage declines since Jan. 3, as weak factory data from the United States and Europe led to an inversion of U.S. Treasury yields, fueling fears of a global economic downturn. Capping five tumultuous days of trading, the S&P 500, the Dow and the Nasdaq were all down for the week. A weaker-than-expected reading of U.S. factory activity in March, along with similarly dour reports from Europe and Japan, helped send U.S. Treasury yields into an inversion, with the spread between yields of three-month Treasury bills exceeding those of 10-year notes for the first time since 2007.
Trump made the announcement Friday to reporters traveling with him to Palm Beach, Florida, confirming an earlier Bloomberg News report. Moore has emerged as an ardent critic of the Federal Reserve Board under its current chairman, Jerome Powell, who fell out of favor with Trump last year after the Fed’s rate increases.
When Canadian police arrested Meng Wanzhou at the behest of the U.S. on a Dec. 1 stopover at Vancouver International Airport, they seized her iPhone 7 Plus, a MacBook Air and an iPad Pro, according to a court filing Friday. The crown prosecution consented and the devices will be transferred "to the British Columbia Supreme Court Registry pending an assessment of solicitor-client privilege," Canada’s justice department said in an email. Huawei has been known to get touchy when lesser employees have used iPhones -- it demoted and cut the pay of two employees held responsible after the company’s official New Year’s greetings went out "via Twitter for iPhone." China’s biggest telecoms gear maker, which supplanted Apple as the world’s No. 2 smartphone brand in 2018, is gunning for the top spot.
While the Wall Street Journal plans to join Apple's new subscription news service, other major publishers, including the New York Times and the Washington Post, have declined, according to a New York Times report. Apple has also partnered with Hollywood celebrities to make a streaming debut with a slate of original content, taking a page out of Netflix Inc's playbook. Below are some of the shows, curated from media reports and Apple's own announcements, which are part of the iPhone maker's content library.
Apple Inc is expected to unveil a new video streaming service and a news subscription platform at an event on Monday at its California headquarters. While the Wall Street Journal plans to join Apple's new subscription news service, other major publishers, including the New York Times and the Washington Post, have declined, according to a New York Times report. Apple has also partnered with Hollywood celebrities to make a streaming debut with a slate of original content, taking a page out of Netflix Inc's playbook.
Mario Draghi: Is another ‘Whatever It Takes’ Moment at Hand?(Continued from Prior Part)EuropeWhile the rest of the world recovered from the 2007–2008 financial crisis, Europe (VGK)(EZU) has been engulfed in one crisis after another.
Apple is going to reveal its long-awaited video service on Monday. The big open question is the pricing, and whether there will be any discounted bundles that encompass multiple services. A steep discount on available streaming video services could give consumers an immediate reason to sign up for Apple's new service.
The announcement -- which will detail a plan that Apple has been dropping hints about for weeks -- is unlikely to be a game changer for Apple or its competitors, according to analysts who said it would be hard for Apple to match video-streaming rivals in the breadth of original content it offers. “In order to move the needle with services such as video, Apple would need to add a business several times the size of Netflix,” wrote Raymond James analyst Chris Caso in a March 14 note.
Tim Cook has been touring China ahead of this weekend's China Development Forum, where he called for privacy regulation last year. It's not immediately clear if Cook will attend this year's event. According to local reports, Cook met with Chinese Vice Premier Sun Chunlan on Friday.
The Latest on Tech Stocks Apple, Google, Disney, and Netflix(Continued from Prior Part)Apple’s new streaming service is expected to be unveiled next week Apple (AAPL) is expected to unveil its much-anticipated video streaming service on March 25.
Wall Street stocks sold off sharply on Friday, with all three major U.S. stock indexes dropping between 1 and 2 percent as weak factory data from the United States and Europe led to an inversion of U.S. Treasury yields, fueling fears of a global economic downturn. Capping a tumultuous week of trading, the S&P 500 and the Dow were set to post losses, while the Nasdaq was on track to eke out a nominal weekly gain.