The CEO was facing risks from Trump's tariffs, Google litigation and the AI craze. He turned to his playbook and now the iPhone maker is worth $4 trillion.
Oppenheimer & Co analysts late Thursday weighed in on Reddit (NYSE:RDDT)'s third quarter earnings and revenue results, which exceeded Wall Street expectations.
The Fed's latest rate cut highlights internal division and ongoing tension between inflation concerns and signs of economic slowdown, especially in the labor market. Meta (META) reported strong earnings but faced investor skepticism over rising R&D and CapEx, contrasting with more disciplined spending at Alphabet (GOOGL) and Microsoft (MSFT).
Apple Inc. remains financially robust, with record revenue and EPS driven by strong Services growth and stable hardware performance. AAPL's Services segment is showing accelerating growth, while hardware divisions like iPad and Wearables appear to be reaching market saturation. Despite impressive operational execution and AI investments, AAPL stock's current valuation at 36x earnings is well ab...
Apple CEO Tim Cook predicted record revenue for the December quarter, driven by the iPhone 17. Despite revenue in China declining last quarter, Cook said he expected a rebound to growth in the region.
Wedbush analysts raised their target price on Apple Inc (NASDAQ:AAPL, ETR:APC) to $320 per share from $310 to reflect what they called “increased confidence” in the Apple growth story. The analysts also believe the iPhone 17 launch is “off to a great start” heading into the key holiday December quarter in the US and China and noted the company's continued strong Services growth.
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