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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)

U.S. CPSC Says Apple Recalls About 432,000 15-Inch Macbook Pro Laptop Computers Due To Fire Hazard
Thursday, 27 Jun 2019 10:50am EDT 

June 27 (Reuters) - :U.S. CONSUMER PRODUCT SAFETY COMMISSION SAYS APPLE RECALLS ABOUT 432,000 15-INCH MACBOOK PRO LAPTOP COMPUTERS DUE TO FIRE HAZARD.  Full Article

Fitch says Big Tech Antitrust Regulatory Risk Rises
Monday, 24 Jun 2019 01:09pm EDT 

June 24 (Reuters) - Fitch::FITCH - WOULD NOT EXPECT FORCED DIVESTITURE TO DILUTE FACEBOOK'S BRAND IN NEAR TERM BUT ITS GROWTH PROSPECTS,MARKET POSITION COULD EVENTUALLY BE IMPAIRED.FITCH SAYS ANTITRUST RISK MAY BE RELATIVELY LESS SIGNIFICANT FOR AMAZON.FITCH ON BIG TECH - IMPOSITION OF MAJOR STRUCTURAL CHANGES COULD BE DISRUPTIVE BUT STRONG CASH FLOW, LOW DEBT SHOULD LIMIT CREDIT RISK IN NEAR TERM.FITCH ON BIG TECH - FORMAL FTC/DOJ PROBES COULD POTENTIALLY LEAD TO HEFTY FINES, NEW LAWS LIMITING REACH OF FIRMS, OR, IN EXTREME, FORCED DIVESTITURES.FITCH - LARGE SCALE USAGE OF FACEBOOK, AMAZON, APPLE, GOOGLE PLATFORMS BENEFITTING THE TECH COS, CONTRIBUTING TO RISK OF INCREASED ANTI-TRUST REGULATION.FITCH ON FACEBOOK - RENEWED SCRUTINY ABOUT 2012 PURCHASE OF INSTAGRAM ALSO RAISES RISK FTC COULD REVERSE PRIOR APPROVAL OF ACQUISITION.FITCH SAYS APPLE COULD ALSO FACE SIGNIFICANT ANTITRUST RISK, DESPITE MORE LIMITED MARKET SHARE VIS-A-VIS OTHER BIG TECH COMPANIES, DUE TO ITS APP STORE.FITCH SAYS BELIEVE APPLE'S APP STORE COULD BE PAINTED WITH SAME BRUSH AS MICROSOFT IN UNITED STATES V. MICROSOFT CASE.  Full Article

Qualcomm Faces Another European Union Antitrust Fine For Thwarting Rival Suppliers To Apple- Bloomberg
Monday, 24 Jun 2019 11:43am EDT 

June 24 (Reuters) - :QUALCOMM FACES ANOTHER EUROPEAN UNION ANTITRUST FINE FOR THWARTING RIVAL SUPPLIERS TO APPLE INC- BLOOMBERG.QUALCOMM MAY BE FINED AS SOON AS NEXT MONTH- BLOOMBERG, CITING SOURCES.  Full Article

Postmates Hires Apple's Ken Kocienda As Principal Software Engineer
Thursday, 6 Jun 2019 01:00pm EDT 

June 6 (Reuters) - Postmates::POSTMATES HIRES APPLE'S KEN KOCIENDA AS PRINCIPAL SOFTWARE ENGINEER FOCUSING ON HUMAN-MACHINE INTERACTION.POSTMATES SAYS HIRED KEN KOCIENDA AS PRINCIPAL SOFTWARE ENGINEER; KOCIENDA WAS PREVIOUSLY AT APPLE.  Full Article

Apple Recalls Three-Prong Wall Plug Adapters Included In World Travel Adapter Kit
Wednesday, 5 Jun 2019 01:52pm EDT 

June 5 (Reuters) - U.S. CONSUMER PRODUCT SAFETY COMMISSION: :U.S. CONSUMER PRODUCT SAFETY COMMISSION - APPLE RECALLS THREE-PRONG WALL PLUG ADAPTERS INCLUDED IN WORLD TRAVEL ADAPTER KIT DUE TO ELECTRIC SHOCK RISK.U.S. CONSUMER PRODUCT SAFETY COMMISSION - APPLE HAS RECALLED ABOUT 814,000 UNITS OF THREE-PRONG WALL PLUG ADAPTERS.U.S. CONSUMER PRODUCT SAFETY COMMISSION - APPLE RECEIVED 6 REPORTS FROM OTHER COUNTRIES OF WALL PLUG ADAPTERS BREAKING & CONSUMERS RECEIVING SHOCKS.  Full Article

Apple Inc Says New iPod Touch Delivers Even Greater Performance
Tuesday, 28 May 2019 08:30am EDT 

May 28 (Reuters) - Apple Inc ::APPLE INC - NEW IPOD TOUCH DELIVERS EVEN GREATER PERFORMANCE.APPLE INC - INTRODUCED NEW IPOD TOUCH.APPLE INC - IPOD FEATURES SUPPORT FOR GROUP FACETIME AND AR EXPERIENCES.APPLE INC - NEW IPOD TOUCH IS AVAILABLE TO ORDER ON APPLE.COM AND IN APPLE STORE APP STARTING TODAY AND IN STORES LATER THIS WEEK.APPLE INC - NEW IPOD TOUCH STARTS AT $199 (US) FOR 32GB MODEL, $299 (US) FOR 128GB MODEL AND $399 (US) FOR 256GB MODEL.  Full Article

Fitch Ratings Says Samsung To Gain From Huawei's Difficulties
Sunday, 26 May 2019 09:22pm EDT 

May 26 (Reuters) - Fitch : :FITCH RATINGS SAYS SAMSUNG TO GAIN FROM HUAWEI'S DIFFICULTIES.FITCH SAYS EXPECTS CHALLENGING OUTLOOK FOR SMARTPHONE MANUFACTURERS TO CONTINUE IN 2019.FITCH - LOSS OF ACCESS TO GOOGLE'S ANDROID OPERATING SYSTEM COULD SIGNIFICANTLY HURT HUAWEI'S SMARTPHONE SALES OUTSIDE CHINA.FITCH SAYS RESTRICTIONS ON US COMPANIES PROVIDING HARDWARE, SOFTWARE AND COMPONENTS TO HUAWEI'S SMARTPHONE BUSINESS COULD STIR UP SMARTPHONE INDUSTRY.FITCH-U.S.-HUAWEI TRADE ISSUE MAY GIVE SAMSUNG OPPORTUNITY TO ACQUIRE EARLY LEAD IN SMARPHONE MARKETS,BUT WILL DEPEND ON HOW LONG SANCTIONS WILL LAST.FITCH - CONSUMERS USED TO ANDROID OPERATING SYSTEM LIKELY TO CONSIDER BUYING OTHER SMARTPHONE BRANDS THAN HUAWEI, SAMSUNG COULD RESTORE MARKET SHARE.FITCH SAYS APPLE COULD BE ANOTHER VICTIM OF U.S.-CHINA TRADE WAR AND ITS MARKET-SHARE LOSS MAY ACCELERATE IN CHINESE MARKET.  Full Article

Britain's Financial Watchdog Says Apple Agrees To Provide Clearer Information On iPhone Performance
Wednesday, 22 May 2019 07:30am EDT 

May 22 (Reuters) - Apple Inc ::UK'S CMA SAYS "APPLE PLEDGES CLEARER INFORMATION ON IPHONE PERFORMANCE".UK'S CMA SAYS APPLE HAS COMMITTED TO BE CLEARER AND "MORE UPFRONT" WITH IPHONE USERS ABOUT BATTERY HEALTH & PERFORMANCE, FOLLOWING ACTION BY CMA.CMA - APPLE AGREED TO PROVIDE EASILY ACCESSIBLE INFORMATION ABOUT BATTERY HEALTH AND UNEXPECTED SHUTDOWNS BOTH FOR CURRENT AND FUTURE IPHONES.  Full Article

Jana Partners Dissolves Stake In Apple, Mastercard
Wednesday, 15 May 2019 08:05am EDT 

May 15 (Reuters) - Jana Partners LLC::JANA PARTNERS LLC DISSOLVES SOLE SHARE STAKE IN APPLE INC - SEC FILING.JANA PARTNERS LLC DISSOLVES SOLE SHARE STAKE IN MASTERCARD - SEC FILING.JANA PARTNERS: CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2019 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DECEMBER 31, 2018.  Full Article

Dialog Semi Says Guidance Favourably Impacted By Apple Deal
Thursday, 9 May 2019 01:30am EDT 

May 9 (Reuters) - Dialog Semiconductor PLC ::DGAP-NEWS: DIALOG SEMICONDUCTOR REPORTS RESULTS FOR THE FIRST QUARTER ENDED 29 MARCH 2019. Q1 2019 REVENUE ABOVE THE MID-POINT OF THE GUIDANCE RANGE AT US$295 MILLION, RECORD GROSS MARGIN AND STRONG FREE CASH FLOW GENERATION..Q1 OPERATING PROFIT FELL 23 PERCENT TO 25.3 MILLION USD.Q1 REVENUE 295 MILLION USD.REVENUE OF US$295 MILLION, ABOVE MID-POINT OF MARCH GUIDANCE RANGE AND 11% BELOW Q1 2018.GROSS MARGIN AT 49.3% (Q1 2018: 46.3%) AND UNDERLYING¹ GROSS MARGIN AT 49.6% (Q1 2018: 47.2%).OPERATING PROFIT OF US$25.3 MILLION, 23% BELOW Q1 2018.DIALOG INTENDS TO INITIATE A NEW SHARE BUYBACK PROGRAM ON TERMINATION OF CURRENT TRANCHE.IN Q2 2019, WE EXPECT APPROXIMATELY US$9 MILLION OF NON-RECURRING ENGINEERING INCOME RELATING TO APPLE TRANSACTION WITHIN OTHER OPERATING INCOME.FY 2019 IFRS REVENUE AND GROSS MARGIN WILL BE FAVOURABLY IMPACTED BY LICENSE REVENUE.FY 2019 UNDERLYING REVENUE IS EXPECTED TO DECLINE FROM FY 2018 BY SINGLE DIGIT PERCENTAGE POINTS AND TO BE SECOND HALF WEIGHTED.FY 2019 UNDERLYING GROSS MARGIN IS EXPECTED TO BE ABOVE THAT ACHIEVED IN FY 2018.Q1 NET PROFIT 18.4 MILLION EUR.  Full Article

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Apple supplier Japan Display secures bailout after funding shortfall

TOKYO Japan Display Inc said on Friday that a group led by Chinese investment firm Harvest Group had formally secured additional funding for a previously announced 80 billion yen ($738 million) bailout plan for the screen maker.