Silver as an investment

Category Archives: Apple Inc.

Hackers Crack Apple’s Face ID With $150 Mask

Here’s the latest sign that the long-awaited facial recognition technology introduced by the iPhone X that caused production delays and myriad other headaches for Foxconn and its suppliers doesn’t live up to Apple’s lofty claims: A group of Vietnamese hackers became the first in the world to defeat the phone’s Face ID security, accomplishing the […]

Apple To Dump Qualcomm Chips As iPhone 8 Sales Collapse In China

The bitter legal dispute between Apple and Qualcomm has escalated sharply overnight as the former designs out Qualcomm components from future products. According to the WSJ, Apple, locked in an intensifying legal fight with Qualcomm, is designing iPhones and iPads for next year that would jettison the chipmaker’s components. Apple is considering building the devices […]

Nasdaq Plunges As AAPL Suffers Triple Whammy

Weak reviews for iPhone 8, dismal pre-orders, and connectivity issues for Apple Watch have slammed AAPL shares to their lowest since August 1st earnings. As Bloomberg notes, in addition to connectivity issues with the new watch, part of today's weakness in Apple  shares could be related to negative comments at Rosenblatt due to weak iPhone […]

Nasdaq Triggers Market-Wide Circuit-Breaker As AMZN “Crashes” 87% After-Hours

Nasdaq has issued a market-wide trading halt amid what appears to be a "glitch" that sent a number of the largest Nasdaq-listed stocks to crash or spike to exactly $123.47 per share. This move crashed the value of companies including Amazon and Apple, sparked chaos in Microsoft, while sending Zynga rocketing up more than 3000%. […]

Warning: a Tech Stock Bloodbath Could Be Just Around the Corner

Tech is ready to implode. The NASDAQ ETF (QQQ) has broken its bull market trendline. Even worse, it has failed to reclaim this line despite a strong bounce. This is a MAJOR warning that the upwards momentum is gone. The next leg down should be a doozy (the target is the red circle on the […]

Indians Have A Choice: Buy The iPhone 6S Or Pay For One Year Of Groceries

As we noted first thing this morning, Mizuho downgraded Apple to neutral from buy, slashing its price target on the world’s largest company to $160 to $150 on the view that robust sales growth for the next product cycle has already been factored into the company’s share price. Among other things in its report, Mizuho […]

Which Companies Have The Highest Revenue Per Employee?

Authored by Ilya Levtov via Priceonomics.com, For many companies, the biggest cost is talent. This is especially true of Silicon Valley, where companies sell clicks and digital goods that do not have any material cost. So which companies' workforces are able to generate the most revenue? We decided to analyze every company in the Standard […]

Frontrunning: May 18

FBI’s Russia Probe Gains Credibility With Mueller In Charge (BBG) Trump storm hits stocks again but dollar steadies (Reuters) Flynn stopped military plan Turkey opposed – after being paid as its agent (McClatchy) Kremlin declines to comment on probe of Trump ties with Russia (Reuters) Trump To Announce $350bn Saudi Arabia Arms Deal – One […]

Apple Announces $1 Billion Fund For U.S. Manufacturing Jobs – Is $230 Billion Repatriation Deal Next?

Yesterday in an interview with CNBC’s Jim Cramer, Apple ($AAPL) CEO Tim Cook said the tech giant would be devoting $1 billion to promote “advanced manufacturing” jobs in the United States. “We’re announcing it today. So you’re the first person I’m telling,” Cook told “Mad Money” host Jim Cramer on Wednesday. “Well, not the first person because we’ve talked to […]

Google Market Cap Hits An All Time High $600 Billion

Even as the US “brick and mortar” retail industry is in a tailspin of historic proportions, its ad spending must be better than ever, because on Monday Google parent Alphabet closed up 2.3%, hitting a new record high, and as Bloomberg pointed out first, the company’s market value crossed above $600 billion for the first […]