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Apple Inc (AAPL.OQ)

AAPL.OQ on NASDAQ Stock Exchange Global Select Market

21 Apr 2017
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$-0.17 (-0.12%)
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Latest Key Developments (Source: Significant Developments)

Qualcomm says Apple's suppliers withheld about $1 bln from their payments in Q2
Wednesday, 19 Apr 2017 04:34pm EDT 

April 19 (Reuters) - Qualcomm Inc : :Qualcomm Inc - Apple's suppliers reported royalties in fiscal Q2 for sales activity in the Dec quarter, but withheld about $1 billion from their payments.Qualcomm Inc says the amount is equal to amount Apple claims Qualcomm owes it under a separate cooperation agreement between Qualcomm and Apple.  Full Article

Qualcomm Q2 non-gaap EPS $1.34
Wednesday, 19 Apr 2017 04:22pm EDT 

April 19 (Reuters) - Qualcomm Inc ::Qualcomm announces second quarter fiscal 2017 results gaap revenues $5.0 billion, non-gaap revenues $6.0 billion gaap eps $0.50, non-gaap eps $1.34.Qualcomm inc - sees q3 msm chip shipments of 180 million - 200 million.Sees q3 revenues $5.3 billion - $6.1 billion.Sees q3 non-gaap diluted eps $0.90 - $1.15.Sees q3 gaap diluted earnings per share $0.67 - $0.92.Q2 earnings per share view $1.19, revenue view $5.89 billion -- Thomson Reuters I/B/E/S.Q3 earnings per share view $1.09, revenue view $5.94 billion -- Thomson Reuters I/B/E/S.Qualcomm inc says apple’s contract manufacturers reported, but underpaid, royalties in q2; "however, our revenues were not negatively impacted".Qualcomm -guidance range for q3 eps wider than typical practice primarily due to uncertainty related to royalties by apple’s contract manufacturers.Qualcomm-Not clear if apple’s contract manufacturers will underpay royalties owed under contracts in Q3, which could have negative impact on results.  Full Article

California Department of Motor Vehicles issued Apple permit for autonomous vehicle testing - DMW
Friday, 14 Apr 2017 12:16pm EDT 

: California Department of Motors Vehicles issued Apple a permit for autonomous vehicle testing on Friday - DMW ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Gartner forecasts worldwide IT spending to rise 1.4 pct in 2017
Monday, 10 Apr 2017 10:10am EDT 

Gartner Inc : Worldwide IT spending is projected to total $3.5 trillion in 2017, a 1.4 percent increase from 2016 . Worldwide spending on devices is projected to grow 1.7 percent in 2017, to reach $645 billion . Mobile phone growth in 2017 will be driven by increased average selling prices for phones in emerging Asia/Pacific and China ."Business-friendly policies of new U.S. administration are expected to have a slightly positive impact on U.S. implementation service market".  Full Article

Comcast unveils new wireless service with unlimited data plan called Xfinity Mobile
Thursday, 6 Apr 2017 10:30am EDT 

Comcast Corp : Comcast Corp- unveils new wireless service with an unlimited data plan called Xfinity Mobile- analyst event . Comcast Corp- unlimited data, talk and text will be available by mid-year for $65 /line for up to 5 lines- analyst event . Comcast Corp- unlimited data, talk and text for $45 per line for customers with Comcast's top X1 packages . Comcast Corp says Xfinity Mobile customers can also choose to pay $12/GB of cellular data each month . Comcast says wireless service will be available on Apple Inc's iPhones as well as Samsung Electronics' galaxy phones . Comcast CFO says service would be cash flow positive at a limited scale over time Further company coverage: [CMCSA.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

ACCC says takes action against Apple "over alleged misleading consumer guarantee representations"
Wednesday, 5 Apr 2017 09:12pm EDT 

Australian Competition and Consumer Commission : ACCC takes action against apple "over alleged misleading consumer guarantee representations" .Accc-Commenced investigation after reports relating to ‘error 53' which disabled some consumers’ ipads or iphones after downloading update to apple’s ‘ios’ operating system.  Full Article

Apple has ordered 70 mln units of OLED panels from Samsung this year - Nikkei, citing sources
Monday, 3 Apr 2017 12:25pm EDT 

Nikkei:Apple has placed orders for bendable organic light-emitting diode panels with Samsung for use in 70 million handsets this year - Nikkei, citing sources.  Full Article

Apple introduces Clips for creating videos
Tuesday, 21 Mar 2017 08:30am EDT 

Apple Inc : Introduced clips, a new app that "makes it quick and fun for anyone to create expressive videos on iPhone(reg) and iPad(reg)" . App features a design for combining video clips, photos & music into videos to share with friends through messages app or on instagram, facebook & others . Clips will be available on the app store for free beginning in april .Clips is compatible with iphone 5s & later, new 9.7-inch ipad, all ipad air(reg) and ipad pro(reg) models, ipad mini(tm) 2 & later, & ipod touch(reg) 6th gen.  Full Article

Apple unveils new iPad starting at $329
Tuesday, 21 Mar 2017 08:30am EDT 

Apple Inc : Apple says updated ipad(reg), featuring a brighter 9.7-inch retina display and best-in-class performance starting at $329 .Apple says ipad is available to order beginning march 24, from apple.com and starts delivering to customers and arriving next week in Apple stores.  Full Article

Apple introduces iphone 7 & iphone 7 plus red special edition
Tuesday, 21 Mar 2017 08:30am EDT 

Apple Inc : Apple introduces iphone 7 & iphone 7 plus (product) red special edition . Apple Inc - special edition (product)red iphone will be available to order online worldwide and in stores beginning friday, march 24 . Apple Inc - iphone 7 and iphone 7 plus (product)red special edition will be available in 128gb and 256gb models starting at $749 from apple.com and apple stores . Apple Inc - the special edition (product)red iphone joins iphone 7 finishes in jet black, black, silver, gold and rose gold .Apple - iphone se will be available beginning march 24, in 32gb and 128gb models, starting price of $399 at apple.com and apple stores.  Full Article

More From Around the Web


Apple self-driving car testing plan gives clues to tech program

SAN FRANCISCO Apple Inc outlined a plan to train operators of self-driving cars in documents submitted to California regulators earlier this month, the latest clues to the company's autonomous vehicle technology aspirations.