Apple retook the title of world's most valuable company, a title briefly lost to Alphabet—the holding company that owns Google—earlier in the week. At the market's close on Thursday, Apple's market cap stood at $534.4 billion, while Alphabet's rose to $503.3 billion.
Google, or rather the new parent company called Alphabet, overtook Apple Inc. to become the world's most valuable corporation Tuesday. The two companies switched places after Alphabet jumped on its December quarterly earnings report, helped by a decline in Apple's shares. Bryan Chaffin explains why Wall Street values the two companies so differently.
Apple may have taken a strong stance on the environment, equal rights, and privacy, but it isn't taking an anti-abortion position. The iPhone maker came under fire after some Maps users reported seeing adoption centers instead of clinics and other health centers when using "abortion" as a search term. Those results weren't part of a conspiracy, just a search algorithm Apple is continually refining.
Apple has built what was a secret team to develop virtual reality technology, according to unnamed sources cited by The Financial Times of London. The team is comprised of hundreds of employees from a series of acquisitions in the virtual reality (VR) and augmented-reality (AR) space, as well as hires from outside of Apple. Bryan Chaffin wants to know what they're working on.
The days of having to lease a set top box from your cable provider may be coming to an end. The Federal Communication Commission is proposing a new regulation that would let other companies such as Apple, Amazon, TiVo, and Roku make their own boxes cable subscribers can use to watch TV without being tied the set top boxes they're stuck with today.
Reports that iPhone sales growth has slowed have been gathering steam for the last few months, and now even Apple CEO Tim Cook is jumping on the bandwagon. During Tuesday's quarterly conference call with analysts, Mr. Cook said he expects iPhone unit sales will decline during the March quarter. If so, it would be the first such decline in iPhone history.
In Apple's fiscal Q1'16 Earnings Report, Apple CEO Tim Cook made frequent references to the worldwide macro-economic downturn since 2014. Most companies would retrench and cut back in R&D and other investment in a such a downturn. Not Apple. Apple's strategy is very different. In fact, we've see it work before. Mr. Cook spelled out his formula, again, for all to hear.
Apple has imposed a hiring freeze on the Project Titan electric car, an indication the company will be making changes in its electric car venture. According to unnamed sources at AppleInsider, Sir Jony Ive reviewed the project's and was displeased with its progress and direction. Bryan Chaffin offers his thoughts on the news.
The current Apple Watch contains a 205 mAh battery that takes up about two-thirds of the area and about half thickness of the case. Given that customers would like to see the Apple Watch's battery last longer and the watch do more, what are the prospects for shaving some battery thickness and making the Apple Watch thinner?
Republican presidential hopeful Donald Trump unveiled a new plan should he win the election: make Apple to move all of its product manufacturing into the United States. Mr. Trump shared his idea during a Martin Luther King Jr. Day speech at Liberty University on Monday. So much for the capitalist spirit.
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