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 Investment in Beddit for Apple

Apple Stock News

For the latest Apple Stock News, AAPL closed at $152.54 on Friday, May 19th, 2017. It had a gain of 0.34 % from its previous close of $152.24 per share.

Apple Stock News

Beddit is a Finnish start-up that specializes in the analysis of sleep. They have developed a tool set to be placed on the mattress to analyse the quality of the sleep of its users. As the user sleeps, the tool collects data. So, why did Apple invest in such a product? Different hypothesis are circulating.

Firstly, Apple could be willing to develop its line of connected products related to health. But it could also be a way for the famous brand to integrate the technology of Beddit to its Apple iWatch. Competition on this market is tough. Among Apple’s opponents are Fitbit and Garmin.

The device created by Beddit is more advanced than any other sleep applications currently used by competitors of Apple. Thus, having the technology of this start-up could be beneficial in the long term for Apple. As we wrote in previous articles, Apple is a leader in the high-tech industry. Having the technology of Beddit could be a way for Apple to maintain its leadership.

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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: New Record for Apple

Apple Stock News

For the latest Apple Stock News, AAPL closed at $153.01 on Monday, May 8, 2017. It had a gain of 2.72% from its previous close of $148.96 per share.

Apple Stock News

 

After a record holding in cash equivalent, Apple is again pushing other limits. With more than $800 billion in market capitalization, Apple is reaching new 52 week highs. Leader of the IoT market, Apple never ceases to impress. Customers are preparing themselves for the iPhone 8. These are the latest news, along with a respectable Q2 earnings reassuring Apple investors. The company is financially in a good health. Next stop for the company: achieving a market capitalization of $1 trillion.

Analysts are confident that the company will continue to grow. According to them, there is no doubt that the iPhone 8 will be revolutionary. The financial markets seem to follow the same trend. Thus, the market anticipates a successful release of the iPhone 8, and Apple to be an investment to consider for the long term.

Behind Apple, the company Alphabet currently enjoys a market capitalization of $652 billion. Then, Microsoft and Amazon compete for the third place with market capitalization of $530 billion and $451 billion, respectively.

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Apple Stock News: Apple Leader Of The IoT Market

Apple Stock News

For the latest Apple Stock News, AAPL closed at $148.96 on Friday, May 5, 2017. It had a gain of 1.66% from its previous close of $146,76 per share.

Apple Stock News

IoT or Internet of Things, is the name given to the phenomena that has invaded the market. Among the different segments and products, a big part of the market concerns the “wearables”. And according to a recent study done by the the research firm Strategy Analytics, Apple is the leader of this market.

In its latest report, Apple didn’t give precise figures about the sales of its Apple iWatch. However, Strategy Analytics stated that Apple sold around 3.5 million units while Xiaomi recorded sales approximately 3.4 million units. Last year, Fitbit was the leader of the market with 2.9 million units sold.

In conclusion, the sales of Apple increased. It has achieved its market objectives. Part of the increase in sales is due to Apple decreasing its prices regarding the iWatch and the connected bracelets. They heavily invested in marketing with one result: success.

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Apple Stock News: Apple Watch Looking To Make An Impact

Apple Stock News

For the latest Apple Stock News, AAPL closed at $143.68 on Wednesday, April 26, 2017. It had a loss of 0.47% from its previous close of $144.54 per share.

Apple Watch

It’s been two years since the launch of the Apple Stock Watch introduced by the CEO Tim Cook.

After the launch of the iPad in 2010, Apple explored the concept of the Apple Watch and its potential applications. Although the watch has not shared the same success as the iPhone, Apple continues to look for ways to diversify its product lines. Currently, Apple Watches are listed under a vast part of Apple sales called “other products”.  Aware of Apple Watch sales, the company may start exploring new options to not only boost sales, but the watch’s features.

It’s true that sales were bumping in the first place. “Other products” represent only 5% in the last quarter earnings unveiled by Apple in 2015. In this vague category, Apple indicated the presence of “Apple TV, Apple Watch, Beats products, iPod and Apple-branded and third-party accessories” (Quartz). Perhaps overtime, customers may see a new Apple Watch with new features and benefits.

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Apple Stock News: iTunes On The Spotlight

Apple Stock News

For the latest Apple Stock News, AAPL closed at $141.83 on Monday, April 17, 2017. It had a gain of 0.55% from its previous close of $141.80 per share.

Apple Stock News

After a series of decline, Apple is looking to reverse this trend. Apple’s quarter earnings is projected to take place on May 2nd. Investors forecast a bright future for Apple as projects like the iPhone 8 and autonomous technologies for car are in progress. Moreover, Apple may be looking to make some changes and updates regarding iTunes.

iTunes might even change its name. This would also include internal changes of the functionality.  In the past two years, Apple has put a lot of effort in its communication to promote Apple Music in order to compete with Spotify -its direct opponent. However, this has had a negative impact on iTunes, which benefit from less attention. Thus, Apple might bring closer iTunes and Apple Music. This will lead to a central musical offer by Apple.

This choice could strengthen the presence of Apple in the streaming of music instead of music downloads. As comparison, in 2016, in the French market, musical downloads represented 33 millions while the musical streaming was equal to 143 million.

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Apple Stock News: Project Titan To Be Tested in California

Apple Stock News

For the latest Apple Stock News, AAPL closed at $141.05 on Friday, April 7, 2017. It had a loss of 0.53% from its previous close of $141.80 per share.

Apple Stock News

Whilst The Fate of Furious is now on screen, exciting news for Apple were revealed. The Department of Motor Vehicles now allowed three vehicles from different companies to test self-driving cars on public roads. And Apple was among them. Self-driving cars are not new. Apple has been working on project Titan. Apple has been testing its autonomous technologies in unmarked labs, and more particularly in Sunnyvale, CA. The deadline given by the company to its employees to prove the feasibility of the project is the end of 2017.

In October, the team made changes to shift the strategy of project Titan. As always, most of it was secret, and the company didn’t reveal its plans. Well, today we now know more about it. Therefore, Apple decided to focus on autonomous software rather than developing its own self-driving car. However, many accidents occurred in the past and the rules to test self-driving cars are very strict. Thus, any companies willing to test their product on the Californian roads must previously apply to the California DMV (Silicon Valley Business Journal).

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Apple Stock News: Change In Price For iPhone 8?

Apple Stock News

For the latest Apple Stock News, AAPL closed at $144.02 on Wednesday, April 5, 2017. It had a loss of 0.24% from its previous close of $143.68 per share.

Apple Stock News

 

Apple has enjoyed its customers paying premium prices for their products. However, in a change of strategy, it appears the iPhone 8 might not be as expensive as its ancestors.  According to Steven Milunovich, a company analyst at UBS, the pricing structure of its future products may dramatically decrease.

Although Apple consumers have been willing to pay a premium for Apple products, Apple may need to rethink their strategy.  Competitors, such as Samsung, has opted for a push strategy for its last two products. Thus, Apple may not release a $1,000 or more for their iPhone.  Instead, Apple will increase the price for the upgraded S version of the iPhone.

Perhaps pricing won’t be the main consideration for Apple customers, as long as the new iPhone 8 meets their expectations.  Apple’s newest phone will offer numerous upgrades, such as an “all glass” chassis or fingerprint sensor (Forbes).

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