Category Archives: Apple Inc.
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]