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Apple Inc. latest news:
Apple pushes launch of HomePod smart speaker to early 2018
(Reuters) - Apple Inc has pushed the launch of its HomePod smart speaker to early next year from December, the company said on Friday.
BRIEF-Apple says need a little more time before HomePod is ready for customers
* Apple says need a little more time before HomePod is ready
BRIEF-Apple to delay HomePod speaker system until "early 2018"- CNBC
* Apple (AAPL) to delay HomePod speaker system until "early 2018"- CNBC. * Apple (AAPL) says it will start shipping HomePod in the US, UK and Australia in early 2018- CNBC Source text : http://cnb.cx/2j2tpJx.
Apple first-ever head of diversity Denise Smith to exit after 20 years at the company
Apple Inc. is losing its first-ever vice president of diversity and inclusion at the end of the year the company confirmed late Thursday. Denise Young Smith has held the position since May, and will leave at the end of 2017. She has worked at Apple for 20 years, and previous positions include head of retail, and worldwide head of human resources. "We deeply believe that diversity drives innovation," Apple said in a statement. "We're thrilled to welcome an accomplished leader like Christie Smith to help us continue the progress we've made toward a more diverse workplace." Verizon-owned tech blog TechCrunch reported the news earlier Thursday. Apple stock is up 48% this year, with the S&P 500 index up 15%. The Dow Jones Industrial Average , of which Apple is a component, is up 19% this year.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Dialog CEO says too early to assess potential iPhone boost
Anglo-German chipmaker Dialog Semiconductor is poised for stronger growth in 2018 but its chief executive said it was too early to forecast how its main customer - widely known to be Apple (AAPL) - will contribute to results.
Foxconn's profit tumbles after iPhone X bottlenecks
Taiwan's Foxconn, the world's largest contract electronics manufacturer, has reported a worse than expected 39 percent decline in quarterly profit, hit by production issues involving Apple Inc's new iPhone X. Silvia Antonioli reports.
Video provided by Reuters
Apple Seizes Lead in Wearables Market as Fitbit Falters
Foxconn's third quarter profit tumbles after iPhone X production hurdles
TAIPEI (Reuters) - Taiwan's Foxconn reported a 39 percent slide in quarterly profit, far worse than expected, as the assembler of Apple Inc products saw margins squeezed by production bottlenecks for the iPhone X.
Foxconn's third quarter profit slides below estimates after iPhone X production hurdles
TAIPEI (Reuters) - Taiwan's Foxconn , the world's largest contract electronics manufacturer, saw quarterly profit slide 39 percent - a result far below estimates and widely attributed to production issues for Apple Inc's iPhone X.
UPDATE 1-Foxconn's quarterly profit slides 39 pct amid shipment woes
TAIPEI, Nov 15 (Reuters) - Taiwan's Foxconn, the
world's largest contract electronics manufacturer and a major
Apple supplier, posted a 39 percent drop in
third-quarter earnings due to later-than-expected product
Apple leads way in tracing cobalt from Congo, Microsoft lags - Amnesty
LONDON, Nov 15 (Reuters) - Apple is leading the way
in tracing cobalt used in its electronics to ensure the metal
has not been mined by children in Democratic Republic of Congo
while Microsoft is lagging, Amnesty International said.
Foxconn's quarterly profit slides 39 percent amid shipment woes
Taiwan's Foxconn , the world's largest contract electronics manufacturer and a major Apple (AAPL) supplier , posted a 39 percent drop in third-quarter earnings due to later-than-expected product shipments. The iPhone X, Apple's (AAPL) highly anticipated smartphone product, went on sale on Nov. 3, after facing a string of production issues centered on new technologies and features on the device.
Paulson & Co. takes stake in Rockwell Collins, drops AIG
Hedge fund manager John Paulson took a fresh stake in avionics and information technology firm Rockwell Collins in the third quarter, while closing a position in American Internatonal Group , according to a quarterly regulatory filing on Tuesday. The 13-F filing by Paulson & Company showed the hedge fund held 112,400 shares of Rockwell Collins as of Sept. 30. The filing also showed Paulson and Company no longer held a stake of more than 4.14 million shares of AIG. Paulson also eliminated small stakes in Apple Inc. and Amazon.com Inc. , the filing showed.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Soros sells Twitter, Facebook, Apple and Snap
George Soros's hedge fund, Soros Fund Management LLC, eliminated or reduced investments in some of the biggest names in tech last quarter, including Facebook Inc. and Apple Inc. Soros divested a 1,700-share stake in Apple as well as 1.55 million shares of Snapchat parent company Snap Inc. , according to a quarterly filing with the Securities and Exchange Commission. The hedge fund greatly decreased its holdings in Facebook and Twitter Inc. , cutting Facebook shares from 476,713 shares to 109,451 and chopping investments in Twitter's stock and debt. Among the new investments Soros opened in the quarter were General Electric Co. , General Motors Co. , Campbell Soup Co. and Oracle Corp. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Einhorn's Greenlight Capital cuts stakes in GM, Apple
David Einhorn's Greenlight Capital reduced its stakes in iPhone maker Apple Inc. and automaker General Motors Co. in the third quarter, according to a Tuesday regulatory filing. Greenlight's stake in Apple stood at 2,192,900 shares as of Sept. 30, reducing its stake by nearly 1.74 million shares, or 44%, compared to the end of the second-quarter, according to filing tracking service Whalewsidom.com. Greenlight cut its stake in GM by nearly 20.2 million shares, or 36%, to 34,561,500 shares, but also bought 2 million call options, which give a holder the right, but not the obligation, to buy the underlying security at a set price by a certain date. Greenlight bought 3.6 million shares of mattress maker Tempur Sealy International , while new stakes included nearly 8.4 million shares of Exela Technologies Inc. and 1.7 million shares of Venator Materials PLC .Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Apple faces U.S. ITC inquiry in patent dispute
The U.S. International Trade Commission has launched an investigation into Apple Inc. for patent infringement, the USITC said late Tuesday. Aqua Connect Inc. and Strategic Technology Partners LLC lodged a complaint Oct. 10 and requested the USITC issue a temporary exclusion order, the USITC said. If the order is granted, the agency could block the import of
"certain Apple Mac computers, iPhones, iPads, iPods, and Apple TVs" but it was not immediately clear which gadgets the probe targets. Apple stock was down a fraction in late trading to $171.11. Apple shares have gained 48% this year, with the S&P 500 index gaining 15%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
USITC says launches probe of allegations of patent infringement by Apple
WASHINGTON (Reuters) - The U.S. International Trade Commission said on Tuesday it had launched an investigation into allegations of patent infringement by Apple Inc on various devices.
Warren Buffett buys Apple and sells IBM, opens new stake in Bank of America
Berkshire Hathaway Inc. sold shares in International Business Machines Corp. in the latest quarter and bought more stock in Apple Inc. , while opening a new position in Bank of America Corp. In a quarterly filing with the Securities and Exchange Commission, Warren Buffett's investment firm disclosed that it sold about one-third of its IBM stake, more than 17 million shares, and purchased about 3.9 million Apple shares, which gives Berkshire more than 134 million shares of the iPhone maker in total. Berkshire bought 679 million shares in Bank of America while slightly cutting its stake in Wells Fargo & Co. Berkshire Hathaway stock has gained about 1.6% so far this year, while the S&P 500 index has added 15.5%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
General Electric, Apple Sink DJIA on Tuesday
Apple's stock extends losing streak after iPhone assembler misses profit expectations
Shares head for 4th- straight decline after a record close. Shares of Apple Inc. (AAPL) fell Tuesday, extending their pullback from a record close, after a key iPhone assembler in Asia reported a larger-than-expected drop in third-quarter profit. Despite the stock reaction, at least one analyst, Amit Daryanani at RBC Capital, who tracks Apple (AAPL) and its supplier, Taiwan-based Foxconn Technology Group, sees mostly tailwinds to help Apple (AAPL) moving forward.
Apple's stock in danger of 4th-straight fall but RBC sees multiple EPS 'tailwinds'
A sharp increase in Apple Inc.'s off balance sheet manufacturing and purchase commitments to a record $37.6 billion in fiscal 2017, up 31% from a year ago, potentially indicate a strong ramp for iPhone X, according to RBC Capital analyst Amit Daryanani. After an analysis of Apple's audited annual report filed with the Securities and Exchange Commission, Daryanani said the 8% decline in warranty accruals was "logical" given the iPhone X delay; a slight decline in operating margins in the U.S. reflect carrier discounts on new phones; and the 31% rise in vendor non-receivables reflect component purchases by Apple for manufacturing licensee partners and overall inventory on Apple's balance sheet. Daryanani reiterated his outperform rating and $190 stock price target, citing "multiple tailwinds" for EPS growth, including higher average selling prices for iPhone X, improved gross margins and potential tax reform. The stock slipped 0.1% in premarket trade, which puts it on track for a fourth-straight decline since it closed at a record $176.24 on Nov. 8. The stock has climbed 8.8% over the past three months, while the tech-heavy Nasdaq 100 has rallied 6.9% and the Dow Jones Industrial Average has gained 6.6%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Amazon's stock surges toward 38th record close of the year
Shares of Amazon.com Inc. (AMZN) surged 1.2% in afternoon trade toward its 38th record close of 2017, after the ecommerce giant said it acquired the TV rights to "The Lord of the Rings" for a multi-season series. The stock has how rocketed$ 166.30, or 17.1%, since Amazon (AMZN) reported third-quarter results, which has increased Amazon's (AMZN) market capitalization by about $80.1 billion to $548.7 billion. That makes Amazon (AMZN) the S&P 500' s fourth-most valuable company, behind Apple Inc. (AAPL) at $894.8...
Security Firm Says Extremely Creepy Mask Cracks iPhone X's Face ID
A video shows the Vietnam-based Bkav apparently bypassing the feature. Apple has touted the function as secure since it was unveiled in September.
Apple Inc. Set to Slash iPhone 8 Production
Stay calm -- this is a good thing.
Regent Street Apple store guard threatened by moped gang
Ten suspects on five mopeds smashed their way into the central London store in the early hours.
3 Things I Like About the Apple iPhone X
No home button. No problem.
Doubts about Trump tax cuts weigh on Wall Street
(Reuters) - Wall Street ended marginally lower on Friday, with losses in Intel and Apple as investors worried about the future of promised corporate tax cuts following dueling plans unveiled by Republican lawmakers.
Wall Street ends little changed; Apple, Intel drag
NEW YORK (Reuters) - Wall Street ended nearly unchanged on Friday, with losses in Intel and Apple as investors worried about the future of promised corporate tax cuts following dueling plans unveiled by Republican U.S. lawmakers.
US STOCKS SNAPSHOT-Wall St ends little changed; Apple, Intel drag
NEW YORK, Nov 10 (Reuters) - Wall Street ended nearly
unchanged on Friday, with losses in Intel and Apple as investors
worried about the future of promised corporate tax cuts
following dueling plans unveiled by Republican U.S. lawmakers.
Apple readies fix for iPhone X that becomes unresponsive in the cold
Some users are reporting issues with iPhone X displays that don't work when the temperature freezes
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