Technology
Technology Articles
Apple posted an all-time high share price on Wednesday and, in the process, achieved a market cap of $2.5 million, the first U.S. company to reach that level.
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Unnamed sources have said that Apple is increasing the size of its order for the soon-to-be-released new iPhones by 20%.
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Short sellers sharply cut their positions in Apple in the two-week short interest reporting period ended June 30. At the same time, they added to their positions in Microsoft.
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Alphabet's short interest for the June 30 settlement date saw a jump.
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Global shipments of Apple PCs rose by nearly 20% in the second quarter, more than any other PC maker.
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Apple is said to be in discussions with the NFL for streaming rights to some games beginning after the 2022 season.
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By paring his stake in Apple last year, Warren Buffett's holding in the company has been reduced by about $18 billion.
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Rumors have intensified that Apple will drop the Touch Bar from the next generation of MacBook Pro.
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A Facebook-sponsored study of app use on both iPhones and Android-based phones found that Apple and Google dominate in their respective ecosystems. Apple called the study "flawed."
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Another new idea in the world of decentralized finance (DeFi) is a synthetic stock that does not include any equity stake. Fake shares in Apple and other big tech firms are already being traded.
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Apple has apparently turned back a Chinese challenge to its app tracking feature but has been ordered by the government to remove an app from the Chinese App Store.
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Warren Buffett's Berkshire Hathaway holds just four tech stocks in its portfolio of 48 equities, but these four comprise 42% of the portfolio's value.
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Apple is preparing to test a program that would allow Apple Store employees to work from home some of the time.
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Apple stock had a much better second calendar quarter of 2021. Yet, there is still a lot of catching up to do if the company is going to match last year's 80% share price rise.
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Apple is sticking to its plan to get employees back in their offices three days a week in September, despite some employee calls for more flexibility.
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