Kevin Frayer/Getty Images News It has now been three years since the first COVID-19 case was reported in Wuhan, but China doesn’t seem to letting up on its strict coronavirus policies. In fact, quarantine facilities and makeshift hospitals are expanding across the mainland to deal with the largest surge of cases on record. Panic buying … Read more
Oksana Dolgikh Apple (NASDAQ:AAPL) is slated to report fiscal fourth-quarter results on October 27th and the tech giant is likely to benefit from strength in its iPhone 14 Pro and iPhone 14 Pro Max models, Credit Suisse said. Analyst Shannon Cross, who has an outperform rating on Apple (AAPL), raised her revenue and earnings per … Read more
Justin Sullivan/Getty Images News Stock futures are setting up for a bigger Wednesday fall, after Tuesday’s late fizzle from a relief rally, following a report that Apple (NASDAQ:AAPL) is pulling back from plans to boost iPhone production when an expected demand spike didn’t show up. Apple (AAPL) is telling suppliers to back off from an … Read more
Loup Ventures analyst Gene Munster said Thursday that shares of Apple (NASDAQ:AAPL) can push substantially higher in coming years, thanks to the stability of its underlying business and the chances it will tap into major new markets with the products it currently has in development. “I think that from an upside potential, I think there … Read more
Justin Sullivan/Getty Images News When it comes to Apple (NASDAQ:AAPL), there’s no secret as to what is responsible for the company’s staggeringly high revenue numbers. That, of course, would be the iPhone, which in Apple’s (AAPL) most-recent quarter accounted for $40.7B of the company’s nearly $83B in sales. Even 15 years after it was first … Read more