Apple Stock News: Mounting Claims for Apple Against Qualcomm

Apple Stock News

For the latest Apple Stock News, AAPL closed at $145.01 on Tuesday, June 20th, 2017. It had a loss of 0.91% from its previous close of $146.34 per share.

The lawsuit between Apple and Qualcomm Inc. is never-ending, with Apple adding allegations to an already filed complaint. The latest claim from Apple is that there’s mounting evidence that Qualcomm is operating an “illegal business model.”

Apple are claiming that Qualcomm hasn’t fulfilled its obligation to charge fair and reasonable rates on patents related to industry standards.

Qualcomm’s current structure sees it sell chips as well as license its technology. A U.S Supreme Court ruling in May limited the ability of patent owners once the product has sold.  Apple wants to argue that Qualcomm is essentially getting paid twice for the same invention. Qualcomm revolutionised the way mobile devices communicate, although to receive royalties on all facets of the technology would be unfair and unreasonable according to Apple.

In more AAPL stock news, Swedish giant Ikea has jumped board to use ARKit, Apple’s platform to help with advanced Augmented Reality capabilities. Customers will have the ability to see how IKEA products look within their home through realistic 3D renders. The stock continues to fluctuate, with a bullish out-look for Apple still remaining.

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Apple Stock News: Apple Creates New Positions For Video Programming

Apple Stock News

For the latest Apple Stock News, AAPL closed at $142.27 on Friday, June 16th, 2017. It had a loss of 1.40% from its previous close of $144.29 per share.

 

 

Apple is making its best efforts to maintain high margins, as it continually adds features to their products. Sales of the current model are flat. Although it’s not all bleak, with expected demand for the next iPhone higher than ever before. A new survey released shows big things are expected from the new iPhone as Apple approach the 10th anniversary of the iPhone.

In an attempt to up its game, Apple has gone and “pouched” current Sony (SNE) employees Jamie Erlicht and Zack Van Amburg. Jamie and Zack will fill newly created positions, overseeing all facets of video programming. Their contracts with Sony expire in August and that’s when they’ll start their tenures.

Revenues are not expected to increase from Apple’s line of Mac’s, as the Apple OS X operating system has fallen. The decline looks to be due to strategy rather than competitiveness in the software.

With the next earnings report due in July, it’s expected the stock will fluctuate heavily between now and then.

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Apple Stock News: WWDC Conference Delivers Yet Again

Apple Stock News

For the latest Apple Stock News, AAPL closed at $155.37 on Wednesday, June 7th, 2017. It had a gain of 0.60% from its previous close of $154.45 per share.

 

 

Apple’s annual Worldwide Developers Conference commenced on June 5th. As expected, there were major announcements. Let’s take a look at some of the more notable ones.

As expected, Apple introduced HomePod, its own speaker with built in Siri to rival the likes of Amazon Echo (AMZN) Google Home (GOOGL) and Sonos. The speaker uses special awareness to fill the room with the appropriate level of sound based on the space its in. It also has a feature called “Musicologist” which works seamlessly with Apple Music. HomePod will be prices at $349.

Apple’s iMac desktops have also received a boost with improved Retina displays, graphics boosts and new Kaby Lakes processors. They will also have the ability to support virtual reality (VR) content. There is also a new iMac Pro with a 5k display and 8-core Xeon processor which is upgradable to 18-c0re. The iMac’s will start at $1,099 for the 21.5 inch model. MacBooks are also set for an upgrade, the MacBook Pro will start $1299. They will be fitted with the new Kaby Lake Processors.

Also released was the new version of iOS software. Changes include an update to Siri with improved speech and the ability to translate sentences into different languages. iMessage is now live through iCloud with a cool feature being added, giving consumers the ability to pay and receive payments from contacts through iMessage. Photo capture has also received a boost, allowing for better low-light performance as well as the ability to edit live photos. A new safety feature introduced will automatically turn on ‘Do Not Disturb’ to prevent distractions. The App store has also received an upgrade, with a better discovery section and re-design.

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Apple Stock News: Huge Buzz Around Apple’s Annual Developers Conference

Apple Stock News

For the latest Apple Stock News, AAPL closed at $155.45 on Friday, June 2nd, 2017. It had a gain of 1.48% from its previous close of $153.18 per share.

Apple Stock News

Apple’s (AAPL) annual Worldwide Developers Conference takes place tomorrow, June 5th. The speculation surrounding the event has created quite the buzz, with the company’s stock price moving concurrently.

The peak of interest for most, is news regarding the upcoming iPhone 8 and iOS 11. The latest version of Apple’s iOS operating system is usually launched at the conference. Although, with a lack of software leaks, there’s little information to go on. Rumors allude to major updates to Siri voice assistant. As well as, group calling to its FaceTime app, enabling Apple to better compete with Skype (MSFT) and Hangouts (GOOGL).

Apple is also expected to release a Siri activated Speaker, which was mentioned in a previous article on May 31st, 2017.

MacOS is expected to receive an update. Not much is known, although it’s expected there will be more iOS compatibility. This update is an expected move from Apple in an attempt to keep iPhone and Mac users satisfied with the level of software compatibility.

With speculation continuing, Bloomberg reports the launch of three new MacBooks. With no new designs expected for the computer’s, expect a few exciting upgrades internally. Versions of a super-slim MacBook, an upgraded MacBook Air and a new MacBook Pro expected.

With all the buzz around tomorrow, it’s no wonder Apple’s stock is performing strongly.

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Apple Stock News: Developing New AI Chip

Apple Stock News

For the latest Apple Stock News, AAPL closed at $153.61 on Friday, May 26th, 2017. It had a loss of -0.17%  from its previous close of $153.87 per share.

Artificial Intelligence (AI) has been among the most exciting technology to be utilized in recent years. Looking to take artificial intelligence to the next level, Apple is developing, Apple Neural Engine. This new processing chip will expand Apple product’s capabilities beyond Siri. The new processing chip will handle tasks normally used by humans such as facial recognition. Apple first incorporated AI in 2011 when Apple introduced Siri to their smartphones.

Apple is attempting to play catch up with Amazon and Alphabet. Amazon’s Echo and Google’s Home digital assistants has given these companies the edge in utilizing the technology. AI is the future for Apple.  The Apple Neural Engine in an iPhone would relieve demand from its main processing unit and its graphics card. Although this may increase weight, the savings in demand for performance could save in battery life.

The new chip will be discussed at the upcoming developer’s conference in June. Apple is also scheduling to release its latest operating system, the iOS 11.

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Apple Stock News: Opening in Singapore

Apple Stock News

For the latest Apple Stock News, AAPL closed at $153.61 on Friday, May 26th, 2017. It had a loss of -0.17%  from its previous close of $153.87 per share.

Apple Stock News

 

Yesterday, the first Apple Store in South-East Asia was opened in Singapore. The country is a crucial global financial center. The two-floor Apple Store is to be managed by 237 employees. Thanks to its new partnership with renewable energy supplier, Sunseap Group, Apple is keeping its promise of utilizing renewable energy. The store will be powered using solar energy.

During the opening of the store, journalists got to see a new milestone for Apple. In the second floor of the store are the meeting room and the Forum. During the day, a session took place called, “Today at Apple”.

Moreover, Apple is getting closer to opening 500 outlets. Apple is opening another store in Asia. This time it is in South Korea. We still don’t know the exact date when the store will open, however, the store is expected to be opened in November.

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Apple Stock News: Customers Remain Loyal To Apple’s iPhone

Apple Stock News

For the latest Apple Stock News, AAPL closed at $153.99 on Monday, May 23th, 2017. It had a gain of 0.61%  from its previous close of $153.06 per share.

Apple Stock News

Morgan Stanley recently published the results of its latest survey. And its results are indisputable: Apple dominates the market. Well, there’s only one field that escapes Apple’s dominance: the design, overpowered by Samsung. For example, the Samsung Galaxy S8 has features that are simply not available with the iPhone. The Samsung Galaxy S8 offers features, such as: iris scanner, wireless charging pad, and even a heart rate sensor.

However, Apple earns the largest profit in the smartphone industry. Furthermore, its customers are more loyal than those of any Android’s counterpart. Thus, the retention rate of iPhone owners are equivalent to 92%, against 86% last year. Then comes Samsung with 77% of its customers willing to change phone in the following year and who reported they will be “extremely likely” to stick with the same brand. Brands, such as: LG, Motorola, and Nokia, have a lower retention rate than Apple and Samsung.

One simple reason of these figures is that the iPhone is the only brand of its iOS market while Android encompasses a wide range of brands.

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Apple Stock News: New $200 Million Investment Announced In Corning

Apple Stock News

For the latest Apple Stock News, AAPL closed at $155.70 on Monday, May 15th, 2017. It had a loss of 0.26% from its previous close of $156.10 per share.

Apple Stock News

Apple announced a new investment of $200 million in Corning. The American company specializes in glass-blowing. This investment correspond to the announcement made last week by the current CEO of Apple, Tim Cook. Apple created a fund of $1 billion under the name, Advanced Manufacturing Fund. Apple plans to use this fund to make investments in innovative US manufacturing companies. And the first company to benefit from this new fund is Corning.

Founded in 1851, Corning is the inventor of the fiber optic technology used to manufacture smartphone and tablets screens. It includes those of Apple. In the past, Trump has criticized the company for relocating to Asia, or Brazil. However, the iPhone and the iPad enjoy glass made in America. The investment in Corning could be interesting for the mythic iPhone 8 to be released soon. It could enable them for example to achieve their wireless induction charging and even to obtain exclusive intellectual property rights.

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Apple Stock News: Apple and Amazon Bury the Hatchet

Apple Stock News

For the latest Apple Stock News, AAPL closed at $156.10 on Wednesday, May 12th, 2017. It had a gain of 1.40% from its previous close of $153.95 per share.

 

Before Tim Cook became Chief Executive Officer at Apple, the company’s website offered 14 products. Fast forward seven years, the product offerings have blossomed to 27, available in over 200 different versions. Post Jobs’ era, this strategy has helped Apple maintain growth, despite stagnation in its most important market, smartphones.

In 2010, iPhone sales made up 39% of revenue with that figure growing to almost two-thirds of total revenue in 2017. Due to the nature of the industry, most consumers are already using smartphones. In order to counter this dilemma, Apple’s other products and services have had to pick up the slack. With the 10 year anniversary of the iPhone fast approaching, there’s much hype about the iPhone 8. With new technologies expected, such as an OLED screen and the removal of the home button, a hefty price tag is expected to land on the iPhone 8.

There’s good news for consumers, with Apple (AAPL) set to re-introduce Amazon Prime Video (AMZN) to Apple TV. Buzzfeed reports that the two tech-giants have settled their differences. In the near future, the Prime Video app will be available on Apple TV.

Furthermore, it is expected Amazon will again start to sell Apple TV devices. Amazon banned third-party sellers from selling Apple TVs and Google Chromecasts (GOOGL) through their platform. At the time, it was argued the devices inspired “customer confusion.”

 

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Apple Stock News: Apple Confirms Plans To Further Invest

Apple Stock News

For the latest Apple Stock News, AAPL closed at $153.26 on Wednesday, May 10th, 2017. It had a loss of -0.47% from its previous close of $153.99 per share.

After Apple became the first US company to top $800 billion in value, the tech giant confirmed plans to invest. Apple will invest an additional $1 billion in-to its five-year-old data center in Nevada. The expected hiring of 100 employees and the creation of 300 construction jobs will help stimulate the local economy.

Speculation behind the company’s motivation to expand, stems from desire to increase its iCloud storage capacity and become more self sufficient. Apple’s current predicament finds them splitting cloud infrastructure between data centres of Amazon and its own.

Interesting to note, the Reno Gazette-Journal reports that Apple has more to gain than just increased efficiency. Council has recently approved Apple’s request to build a $4 million shipping and receiving warehouse near downtown Reno. The warehouse expects to bring an additional $6 million in sales tax abatement. Tax rates are at a lower rate, due to the region being classified as a “tourism improvement district.”

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