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Apple Inc. latest news:
Wall Street edges up, shaking off healthcare, North Korea worries
NEW YORK (Reuters) - The S&P 500 closed slightly higher on Friday even though Apple was a drag, as worries about Washington's latest healthcare legislation proposal eased and investors shrugged off concerns about North Korea.
Apple, UnitedHealth stocks slash 50 points from Dow industrials in midday trade
The Dow Jones Industrial Average was under pressure Friday afternoon, weighed by selling in shares of Apple Inc. and UnitedHealth. The Dow components, the worst blue-chip performers, were exacting a combined 50-point toll on the Dow in midday trading. UnitedHealth Group Inc.'s shares alone were dragging the benchmark down by more than 30 points, with shares trading $4.20 or 2.2% lower. Meanwhile, Apple Inc. was trading 1.8% lower, or $2.51, and on pace for its worst weekly decline, down 5.6%, during the week of one of its iPhone product updates. A $1 move in any one of the Dow's 30 components is equal to a 6.89-point swing. Most recently, the Dow was down 34 points, or 0.2%, at 22,324. Overall, the market was flipping between advances and declines as investors wrestled with North Korea's threat to detonate a hydrogen bomb in the Pacific Ocean this weekend. The S&P 500 index was down 0.1% at 2,497, while the Nasdaq Composite Index was trading 0.1% lower at 6,415.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.
Strategies: The Best Investment Since 1926? Apple
Apple has generated more wealth for shareholders than any other of the top 50 companies, which account for 40 percent of stock market wealth.
Apple's iPhone 8 sees muted launch in Asia
* Apple (AAPL) fans wait for premium iPhone X due out in Nov. * Fans praise improved camera features. Apple Inc's (AAPL) launch of iPhone 8 kicked off in a less lively mood in Asia, versus previous debuts, as fans held out for the premium iPhone X due out in early November.
Apple's iPhone 8 launch in Sydney sees bleak turnout
SYDNEY (Reuters) - Apple Inc's iPhone 8 launch in Sydney, one of the first cities to access the product in Australia, saw a bleak turnout as fans held out for the soon-to-be-released premium iPhone X.
Wall St. lower as Apple, Fed view weigh
(Reuters) - The three major U.S. indexes were trading lower on Thursday, scaling back from their record levels, weighed down by Apple and the Federal Reserve's indication to raise interest rates for third time despite low inflation.
Nvidia announces new Shield TV configuration priced to match Apple TV
Nvidia Inc. announced that it is releasing a new configuration of its Shield TV for $179 Thursday that will match the price for Apple Inc.'s new 4K HDR TV product announced last week. Nvidia shares are down 3.7% to $178.97 in afternoon trading. The new configuration will include essentially the same hardware that plays 4K HDR video and 16GB of storage, but will include a remote not a video game controller, according to Nvidia. The new Shield TV is available for pre-order Thursday and won't begin shipping until Oct. 18. The announcement comes amid the first reviews for the new Apple TV Thursday and some critics have noted issues with the new gadget. Nvidia stock is up 70% thus far this year, as the S&P 500 index up 10%.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.
Wall Street slips from record levels as Apple, Fed view weigh
(Reuters) - U.S. stocks slipped from their all-time highs on Thursday, weighed down by Apple and the hawkish stance of the Federal Reserve, which hinted at raising interest rates for a third time this year despite low inflation.
Nikkei probes more than 2-year highs as yen eases, Apple suppliers fall
* Yen weakens vs dollar after Fed signals it might hike this
Google signs $1.1bn HTC smartphone deal
The Taiwanese handset maker has struggled to compete against rivals Apple and Samsung.
REFILE-UPDATE 3-Apple concedes new watch has connectivity glitch
Sept 20 (Reuters) - Apple Inc on Wednesday conceded
its latest smartwatch unveiled a week ago has problems with its
most important feature: the ability to make phone calls and
access data without an iPhone nearby.
Apple concedes new watch has connectivity glitch
(Reuters) - Apple Inc's on Wednesday conceded its latest smartwatch unveiled a week ago has problems with its most important feature: the ability make phone calls and access data without an iPhone nearby.
UPDATE 3-Apple concedes new watch has connectivity glitch
Sept 20 (Reuters) - Apple Inc's on Wednesday
conceded its latest smartwatch unveiled a week ago has problems
with its most important feature: the ability make phone calls
and access data without an iPhone nearby.
Dr Pepper Snapple cuts 2017 profit forecast on resin write-off
Sept 20 (Reuters) - Beverage maker Dr Pepper Snapple Group
Inc cut its full-year forecast as it expects to take a
charge in the third quarter following a default by a company
supplying resin to its Mexican operations.
Apple Watch 3 Is Already Broken
McDonald’s Lifts, Apple Weighs on DJIA Wednesday
Apple Watch fails to tick with reviewers due to cellular glitch
(Reuters) - Reviewers of Apple Inc's latest smartwatch unveiled a week ago were impressed by some of its smartphone features, but several said on Wednesday they did not recommend the device because of connectivity problems and poor battery life.
3M and Apple's stock drops exact 50-point toll on Dow
Share declines of Apple Inc., and 3M Co., on Wednesday were weighing on the Dow Jones Industrial Average, capping gains in the benchmark. Apple Inc. shares sank 2.5% Wednesday morning after the iPhone and Apple Watch maker reportedly admitted there are issues with connectivity of the Apple Watch Series 3, its latest model. Shares of Apple were down $2.88, shaving about 20 points from the price-weighted Dow . Shares of 3M Co. were off 2%, or $4.16, slicing about 30 points. A $1 change in any of the Dow's components equates to a 6.89-point swing in the average. Overall, the Dow was trading at break-even levels at 22,374 as moves in Boeing Co.'s shares help to offset Apple and 3M's retreats. Investors were awaiting a key policy update from the Federal Reserve due at 2 p.m. Eastern time. Meanwhile, the S&P 500 index was seeing muted trade at 2,507, while the Nasdaq Composite Index headed lower by 0.3% to 6,443. 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.
US STOCKS-Wall St flat; all eyes on Fed policy decision
* Apple down on reports of connectivity issues with
S&P, Dow flat ahead of Fed decision; Apple weighs on Nasdaq
(Reuters) - The S&P and the Dow were little changed on Wednesday but hovered near record levels as investors waited to hear from the Federal Reserve on future interest rate hikes this year while the tech-heavy Nasdaq was pulled lower by a drop in Apple.
Apple's stock drop exacts 30-point toll on Dow on report of iWatch connectivity issues
Shares of Apple Inc., on Wednesday were weighing on the Dow Jones Industrial Average in early trade, capping gains in the benchmark after a negative report. Apple Inc. shares were sinking 2.7% Wednesday morning after the iPhone and iWatch maker reportedly admitted there are issues with connectivity of its latest Apple Watch Series 3. Shares of Apple were down $4.25, shaving more than 30 points from the price-weighted Dow . A $1 change in any of the Dow's components equates to a 6.89-point swing in the average. Overall, the Dow was trading at break-even levels at 22,371, as investors await a key policy update from the Federal Reserve later Wednesday afternoon. Meanwhile, the S&P 500 index lower at 2,505, as was the Nasdaq Composite Index trading at 6,437. 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 admits issues with Apple Watch connectivity, stock falls
Apple Inc. shares declined Wednesday morning after the tech company reportedly admitted there are issues with connectivity of its new Apple Watch Series 3. The new Apple smartwatch is the first to connect to cellular networks on its own, without having to be electronically tethered to an iPhone, but reviewers had issues staying connected while reviewing the new device. According to The Verge, Apple admitted an issue in an official statement, saying, "We have discovered that when Apple Watch Series 3 joins unauthenticated Wi-Fi networks without connectivity, it may at times prevent the watch from using cellular. We are investigating a fix for a future software release." The new Apple Watch, which costs at least $399 for versions with a cellular connection, opened for preorders last Friday and will begin reaching customers Sept. 22. Apple stock fell more than 1% in early trading Wednesday, and is down 0.4% in the past month, as the S&P 500 index has gained 3.3%.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.
As Apple slows, fast-moving Chinese rivals gain in wealthy markets
HONG KONG/SINGAPORE (Reuters) - Slowing innovation at iPhone maker Apple gives Asian rivals their best chance yet to conquer developed markets, retailers and consumers say - thanks to better designs and lower prices.
Apple iPhone consumers are waiting for iPhone X
Pre-sales of iPhone 8 not as robust as years past
Sprint follows AT&T with free iPhone 8 offer for trade-in
Sept 18 (Reuters) - Sprint Corp said on Monday it will
offer Apple Inc's new iPhone 8 for free with a
qualifying phone trade-in, following AT&T Inc's buy one,
get one free promotion on Friday for DirecTV and U-verse TV
McDonald's to switch to organic, less sugary apple juice in Happy Meals
The Honest Kids juice is replacing juice by Minute Maid. Coca-Cola owns both brands.
AT&T’s $23.34 Apple iPhone 8
Boeing, Apple Dominate the Dow on Friday
3M, Boeing, Apple stocks deliver a 50-point boost to Dow industrials record climb
The Dow Jones Industrial Average was climbing on Friday, looking to cap a sharply weekly gain, with shares of Boeing Co., and 3M Co., doing the heaviest lifting for the benchmark. Shares of Boeing were up 1.8%, or $4.52, adding about 30 points to the price-weighted Dow , while 3M Co. , was up 0.9%, or $1.84, adding about 12 points to the average, while shares of Apple Inc., up $1.72, or 1.1%, were adding about the same amount. A $1 move in any one of the Dow's 30 components equates to a 6.89-point swing in the equity gauge. The Dow's move puts it on track to carve out a fresh all-time high, most recently at 22,260, up 0.3%. That would mark its 39th record close of 2017 and its 6th straight positive session. Overall, the market was showing modest gains, but sufficient to put the other major benchmarks in record territory. The S&P 500 index was up 0.1% at 2,497, while the Nasdaq Composite Index , up 0.3% at 6,446. 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.
This Just In: Qualcomm Stock Upgraded
As Apple leads the way on facial recognition, Northpoint senses an opportunity for Qualcomm. Is it right?
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