Apple Inc. (NASDAQ:AAPL) will invest an amount of $2 billion to transform a failed sapphire glass plant in Arizona into a massive data center. The plant is owned by Apple since 2013 and has an area of over 1.3 million square feet. It was used by GT Advanced Technologies Inc. to manufacture sapphire glass for…
Apple Inc. (AAPL), Philip Morris International Inc. (PM), QUALCOMM, Inc. (QCOM): Top 3 Stock Holdings of Arrowstreet Capital
Apple Inc. (NASDAQ:AAPL), Philip Morris International Inc. (NYSE:PM), QUALCOMM, Inc. (NASDAQ:QCOM) are among the top 3 stock holdings of Arrowstreet Capital, as per its recent SEC 13F filing. The investment manager has a current investment portfolio of $18.61 billion with its primary investments in technology, healthcare, and finance industry. Apple Inc. (NASDAQ:AAPL) is the largest…
Apple Inc. (AAPL) Sets New Record With 74.5 Million iPhone Sales, Shares Skyrocket Post Quarterly Results
The shares of iPhone maker, Apple Inc. (NASDAQ:AAPL), soared in excess of 5 percent after the Cupertino based company announced its first quarter 2015 financial results. The tech giant registered one of the most profitable quarters in its history along with record sales figure for its flagship product, iPhone. Apple reported net profits of $18…
Apple Inc. (AAPL)’s Quarter Results Skewed Towards iPhone Sales
Apple Inc. (NASDAQ:AAPL) have its iPhone sales to thank for in its quarter results that beat analysts’ estimates. A Counterpoint Research indicates that compared to the same period for 2013, iPhone sales were up 26 percent on a global scale for November of 2014, which greatly enhanced performance for the October to December quarter. With the…
Cramer’s Favorite Picks: Cypress Semiconductor Corporation (CY), Apple Inc. (AAPL), Celgene Corporation (CELG)
Cypress Semiconductor Corporation (NASDAQ:CY), Apple Inc. (NASDAQ:AAPL), Celgene Corporation (NASDAQ:CELG) are the favorite stock picks of Jim Cramer and he mentioned each of these stocks at least thrice in the last thirty days. While talking about Micron Technology, Inc. (NASDAQ:MU) in the Mad Money show, Cramer said, “No, there’s too much competition. I like Cypress…
Apple Inc. (AAPL)’s iPhone Generated More Sales in China Than U.S.
Apple Inc. (NASDAQ:AAPL) has generated more sales last year of its iconic iPhone product in China than in the U.S. The Cupertino, California based tech giant is expected to make an announcement on the matter this week. Analysts link the huge sale in China to Apple’s deal with China Mobile, China’s biggest mobile carrier. The…
Apple Inc. (AAPL) Performs Exceptionally Well at Samsung Electronics Co Ltd (005930)’s Home Turf, Growing Market Share in Asia With iPhone 6
The iPhone maker, Apple Inc. (NASDAQ:AAPL) has performed exceptionally well in the Asian markets with its latest iPhone 6 devices. This is the first time when a foreign brand has gained market share in excess of 20 percent in South Korea while taking away the majority market share from the world’s number one smartphone maker,…
GoPro Inc (GPRO)’s Stocks Continue Slumping After Apple Inc. (AAPL)’s Camera Patent
The shares of action camera maker, GoPro Inc (NASDAQ:GPRO), fell in excess of 20 percent last week after Apple Inc. (NASDAQ:AAPL) patented an improved mountable sports camera design. The design from iPhone maker has mounting ability over bicycles and even scuba helmets. GoPro gained popularity with its action sports camera series ‘HERO’ and the company…
Cramer’s Favorite Picks: Cypress Semiconductor Corporation (CY), Apple Inc. (AAPL), ISIS Pharmaceuticals, Inc. (ISIS)
Cypress Semiconductor Corporation (NASDAQ:CY), Apple Inc. (NASDAQ:AAPL), ISIS Pharmaceuticals, Inc. (NASDAQ:ISIS) are the top three favorite stock picks of Jim Cramer and he has mentioned each of these stocks at least three times in the last 30 days. Cypress Semiconductor Corporation (NASDAQ:CY) is the hot stock in Cramer’s list and he has mentioned the stock…
Apple Inc. (AAPL) Gets Open Challenge from Chinese Smartphone Maker Xiaomi, ‘Apple of China’ Released Mi Note At One-Third Prices
Apple Inc (NASDAQ:AAPL) has received an open challenge from the Chinese smartphone maker Xiaomi, which released its flagship Mi Note smartphone at prices much lower than that of iPhone 6 Plus. The cheaper smartphone could hamper the iPhone maker’s efforts to increase its market share in the Chinese market. Xiaomi released Mi Note Pro smartphone…