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Apple Inc (AAPL.OQ)

AAPL.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Apple Reports Quarterly Earnings Per Share Of $3.89
Thursday, 1 Feb 2018 04:30pm EST 

Feb 1 (Reuters) - Apple Inc ::QUARTERLY EARNINGS PER SHARE $3.89.QUARTERLY REVENUE $88.3 BILLION, AN INCREASE OF 13 PERCENT.Q1 EARNINGS PER SHARE VIEW $3.86, REVENUE VIEW $87.28 BILLION -- THOMSON REUTERS I/B/E/S.INTERNATIONAL SALES ACCOUNTED FOR 65 PERCENT OF THE QUARTER'S REVENUE.TIM COOK SAYS "IPHONE X SURPASSED OUR EXPECTATIONS AND HAS BEEN OUR TOP-SELLING IPHONE EVERY WEEK SINCE IT SHIPPED IN NOVEMBER".TIM COOK SAYS REPORTED QTRLY RESULTS WITH "BROAD-BASED GROWTH THAT INCLUDED THE HIGHEST REVENUE EVER FROM A NEW IPHONE LINEUP".ACTIVE INSTALLED BASE OF DEVICES REACHED 1.3 BILLION IN JANUARY.SEES Q2 REVENUE BETWEEN $60 BILLION AND $62 BILLION.SEES Q2 GROSS MARGIN BETWEEN 38 PERCENT AND 38.5 PERCENT.SEES Q2 OPERATING EXPENSES BETWEEN $7.6 BILLION AND $7.7 BILLION.SEES Q2 TAX RATE OF ABOUT 15 PERCENT.Q2 EARNINGS PER SHARE VIEW $2.84, REVENUE VIEW $65.73 BILLION -- THOMSON REUTERS I/B/E/S.QUARTERLY IPHONE SALES 77.3 MILLION UNITS VERSUS 78.3 MILLION UNITS LAST YEAR.QUARTERLY GREATER CHINA REVENUE $17.96 BILLION VERSUS $16.23 BILLION LAST YEAR.QUARTERLY IPAD SALES 13.2 MILLION UNITS VERSUS 13.1 MILLION UNITS LAST YEAR.QUARTERLY MAC SALES 5.1 MILLION UNITS VERSUS 5.4 MILLION UNITS LAST YEAR.QUARTERLY MAC REVENUE $6.90 BILLION VERSUS $7.24 BILLION LAST YEAR.QUARTERLY SERVICES REVENUE $8.47 BILLION VERSUS $7.17 BILLION LAST YEAR.QUARTERLY OTHER PRODUCTS $5.49 BILLION VERSUS $4.02 BILLION LAST YEAR.  Full Article

Qualcomm Qtrly GAAP Shr Loss $4.03, Reflecting Tax Reform, European Commission Fine
Wednesday, 31 Jan 2018 04:44pm EST 

Jan 31 (Reuters) - Qualcomm Inc ::QTRLY GAAP LOSS PER SHARE $4.03, REFLECTING TAX REFORM AND EUROPEAN COMMISSION FINE.QTRLY NON-GAAP EARNINGS PER SHARE $0.98.QTRLY NON-GAAP REVENUE $‍​6.0 BILLION VERSUS $6.0 BILLION.QTRLY GAAP REVENUE $‍​6.1 BILLION VERSUS $6.0 BILLION.SEES Q2 EARNINGS PER SHARE $0.41 - $0.51.SEES Q2 ADJUSTED EARNINGS PER SHARE $0.65 - $0.75.SEES Q2 REVENUE $4.8 BILLION - $5.6 BILLION.QUALCOMM - Q1 FISCAL 2018 & Q4 FISCAL 2017 GAAP & NON-GAAP RESULTS WERE NEGATIVELY IMPACTED BY CONTINUED DISPUTE WITH APPLE & CONTRACT MANUFACTURERS.Q1 GAAP RESULTS INCLUDED $6.0 BILLION CHARGE, RELATING TO THE ENACTMENT OF THE TAX CUTS AND JOBS ACT‍​.SEES Q2 QTL REVENUE $1.15 BILLION - $1.35 BILLION.CURRENTLY ESTIMATE WILL PAY $3.3 BILLION FOR TOLL CHARGE, AFTER APPLICATION OF CERTAIN TAX CREDITS.QUALCOMM - DID NOT RECORD ANY QTL REVENUES IN Q1 FISCAL 2018 OR Q4 OF FISCAL 2017 FOR ROYALTIES DUE ON SALES OF APPLE’S OR OTHER LICENSEE’S PRODUCTS.SEES Q2 MSM CHIP SHIPMENTS 170 MILLION - 190 MILLION.QTRLY QTL REVENUES $1,299 MILLION VERSUS $1,811 MLN‍​.$3.3 BILLION FOR THE TOLL CHARGE IS PAYABLE IN INSTALLMENTS OVER EIGHT YEARS BEGINNING ON JANUARY 15, 2019.QUALCOMM - FIRST QUARTER OF FISCAL 2018 GAAP RESULTS INCLUDED $1.2 BILLION CHARGE, OR LOSS OF $0.76 PER SHARE, FOR FINE IMPOSED BY EUROPEAN COMMISSION.QUALCOMM - ON JANUARY 16, ANNOUNCED COST REDUCTION PLAN DESIGNED TO ALIGN COST STRUCTURE TO LONG TERM MARGIN TARGETS.  Full Article

Qualcomm Filed Three Additional Complaints Against Apple
Wednesday, 31 Jan 2018 04:35pm EST 

Jan 31 (Reuters) - Apple Inc ::QUALCOMM - ON JAN 12, CO FILED THREE ADDITIONAL COMPLAINTS AGAINST APPLE, CERTAIN OF SUBSIDIARIES IN FUZHOU (CHINA) INTERMEDIATE PEOPLE’S COURT.QUALCOMM SAYS THREE ADDITIONAL COMPLAINTS FILED AGAINST APPLE, ASSERTING INFRINGEMENT OF THREE ADDITIONAL PATENTS.QUALCOMM SAYS THREE ADDITIONAL COMPLAINTS AGAINST APPLE SEEK REMEDIES INCLUDING INJUNCTIVE RELIEF AND COSTS.QUALCOMM SAYS ALSO ON JANUARY 12 COMPANY FILED THREE COMPLAINTS AGAINST CERTAIN OF APPLE’S SUBSIDIARIES IN JIANGSU (CHINA) HIGH PEOPLE’S COURT.  Full Article

Immersion Says Pursuant Agreement With Apple, Parties Have Agreed To Terms For Resolving All Existing Disputes
Monday, 29 Jan 2018 06:53am EST 

Jan 29 (Reuters) - Apple Inc ::IMMERSION SAYS PURSUANT TO SETTLEMENT AND LICENSE AGREEMENT WITH APPLE, THE PARTIES HAVE AGREED TO TERMS FOR RESOLVING ALL OF THEIR EXISTING DISPUTES.IMMERSION SAYS CO, APPLE ENTERED LICENSE AGREEMENT COVERING CERTAIN CO'S PATENTS FOR CASH WITH AN OPTION TO EXTEND TERM - SEC FILING.IMMERSION - IN ADDITION, APPLE WILL REQUEST TERMINATION OF INTER PARTE REVIEWS BY PATENT TRIAL & APPEAL BOARD OF CERTAIN U.S. PATENTS.  Full Article

Apple says Homepod Arrives Feb 9, Available To Order on Friday
Tuesday, 23 Jan 2018 08:30am EST 

Jan 23 (Reuters) - Apple Inc ::HOMEPOD ARRIVES FEBRUARY 9, AVAILABLE TO ORDER THIS FRIDAY.APPLE INC - HOMEPOD ARRIVES IN STORES BEGINNING FRIDAY, FEBRUARY 9 AND IS AVAILABLE TO ORDER ONLINE THIS FRIDAY, JANUARY 26 IN US, UK AND AUSTRALIA.APPLE INC - HOMEPOD WILL ARRIVE IN FRANCE AND GERMANY THIS SPRING.APPLE - HOMEPOD AVAILABLE AT AN APPLE RETAIL PRICE OF $349 IN US, UK AND AUSTRALIA.  Full Article

CalSTRS and Jana Partners Encourage Apple To Enhance Mobile Device Software To Enable Age-Appropriate Setup Options
Monday, 8 Jan 2018 05:56pm EST 

Jan 8 (Reuters) - The California State Teachers’ Retirement System::CALSTRS ISSUES STATEMENT REGARDING SHAREHOLDER LETTER TO APPLE INC.CALSTRS - CALSTRS, JANA PARTNERS ENCOURAGE APPLE TO ENHANCE MOBILE DEVICE SOFTWARE TO ENABLE AGE-APPROPRIATE SETUP OPTIONS.  Full Article

Whirlpool Corp Says To Activate Apple Watch Functionality
Monday, 8 Jan 2018 08:01am EST 

Jan 8 (Reuters) - Whirlpool Corp ::WHIRLPOOL CORP SAYS TO ACTIVATE APPLE WATCH FUNCTIONALITY.WHIRLPOOL - ROLLING OUT IN EARLY 2018, CONNECTED APPLIANCES FROM CO WILL ALLOW REMOTELY COMMUNICATION WITH OVENS, WASHERS AND DRYERS VIA APPLE WATCH.  Full Article

Apple Says All Mac Systems And iOS Devices Are Affected By Vulnerabilities In ARM-Based, Intel CPUs
Thursday, 4 Jan 2018 07:19pm EST 

Jan 4 (Reuters) - Apple Inc ::- INFORMS ABOUT SPECULATIVE EXECUTION VULNERABILITIES IN ARM-BASED AND INTEL CPUS.- ALL MAC SYSTEMS AND IOS DEVICES ARE AFFECTED, BUT THERE ARE NO KNOWN EXPLOITS IMPACTING CUSTOMERS AT THIS TIME.-APPLE WATCH IS NOT AFFECTED BY MELTDOWN‍​.- SECURITY RESEARCHERS HAVE RECENTLY UNCOVERED SECURITY ISSUES KNOWN BY TWO NAMES, MELTDOWN AND SPECTRE.IN THE COMING DAYS IT PLANS TO RELEASE MITIGATIONS IN SAFARI TO HELP DEFEND AGAINST SPECTRE‍​.- CO HAS ALREADY RELEASED MITIGATIONS IN IOS 11.2, MACOS 10.13.2, AND TVOS 11.2 TO HELP DEFEND AGAINST MELTDOWN.  Full Article

Apple Reports $300 Mln In Purchases Made On New Year's Day 2018 On App Store
Thursday, 4 Jan 2018 04:00pm EST 

Jan 4 (Reuters) - Apple Inc ::APPLE - REPORTS $300 MILLION IN PURCHASES MADE ON NEW YEAR'S DAY 2018 ON APP STORE.APPLE - DURING WEEK STARTING ON CHRISTMAS EVE, CUSTOMERS SPENT OVER $890 MILLION IN PURCHASES OR DOWNLOADED APPS FROM APP STORE.  Full Article

Apple buys app development service Buddybuild
Tuesday, 2 Jan 2018 11:55pm EST 

Jan 2 (Reuters) - Buddybuild::CANADA'S BUDDYBUILD SAYS HAS JOINED THE XCODE ENGINEERING GROUP AT APPLE TO BUILD DEVELOPER TOOLS FOR THE ENTIRE IOS COMMUNITY‍​.  Full Article

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Apple turns to miners to lock in cobalt supplies: Bloomberg

Apple Inc is in talks to buy long-term supplies of cobalt, a silver-gray metal used in iPhone batteries, directly from miners, Bloomberg reported on Wednesday, citing sources.