Apple Stock Outlook: Google’s Money Is Helping Finance Apple’s Research On Self-Driving Cars and Augmented Reality

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First

Apple Stock Predictions

Summary:

  • Bernstein analyst A.M. Sacconaghi Jr. estimated that Google paid Apple $3 billion to remain the default search engine on the iPhone/iPad.
  • This is triple the annual $1 billion payment that Google used to pay Apple three years ago to keep its default search engine status on the iPhone/iPad.
  • Google’s willingness to pay triple validated just how important Apple’s mobile ecosystem is to advertising-dependent companies. Apple’s iOS ecosystem is indispensable to Google.
  • The estimated $3 billion payment from Google helps pay for the estimated $3 billion that Apple is spending annually on self-driving cars and Augmented Reality research.
  • In spite posting a new high last week, AAPL still has a bullish one-year algorithmic forecast. This stock could still post a new 52-week within the next 12 months.

Nvidia stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here

Apple Stock News: Google to Pay $3 Billion to Apple to Remain Default Search Engine

Apple Stock News

For the latest Apple Stock News, AAPL closed at $159.85 per share on August 14th, 2017. It generated a return of 1.50% from its previous close on August 11th, 2017, when it closed at $157.48 per share.

Read The Full Article

apple stock news

Apple Stock News: New Speaker To Rival Amazon And Google

Apple Stock News

For the latest Apple Stock News, AAPL closed at $152.76 on Wednesday, May 31st, 2017. It had a loss of -0.59%  from its previous close of $153.67 per share.

Read The Full Article

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.

Read The Full Article

Apple Stock News: New Name? New Display?

Apple Stock News

For the latest Apple Stock News, AAPL closed at $139.14 on Friday, March 10, 2017. It had a gain of 0.33% from its previous close of $138.68 per share.

Read The Full Article

31423255666_f9c708ba3b_b

Apple Stock News: AAPL in 2017

Apple Stock News

For the latest Apple Stock News, AAPL closed at $116.73 on Wednesday, December 28, 2016 with a 0.78% loss, or $0.91 from its previous close of $115.82 per share.

Read The Full Article

screen-shot-2017-01-01-at-10-45-12-am

Apple Stock News: Apple Sending Drones Around the World

Apple Stock News

For the latest Apple Stock News, AAPL closed at $109.86 on Friday, December 2, 2016 with a 0.37% loss, or $0.41 from its previous close of $109.47. per share.

Read The Full Article

apple-maps-ios-10

Apple Stock News: Apple vs. Google

Apple Stock News

For the latest Apple Stock News, AAPL closed at $113.00 on Tuesday, October 4th, 2016, with a 0.43% gain, or $0.48 from its previous close of $112.52 per share.

Read The Full Article

iPhone-7-Concept

Apple Stock News: Alphabet passed Apple as the most valued company

After an amazing report of Alphabet, Apple was displaced by Alphabet as the most valued company in the world. Yesterday, Alphabet reported revenues and earnings better than expected by analysts and its shares went up strongly.

Read The Full Forecast

apple stock news