| (USD) | Dec 2022 | Q/Q |
|---|---|---|
| Revenue | 117.2B | +30% |
| Gross Profit | 50.3B | +32% |
| Cost Of Revenue | 66.8B | +28% |
| Operating Income | 36B | +45% |
| Operating Expenses | 14.3B | +8% |
| Net Income | 30B | +45% |
| R&D | 7.7B | +14% |
| G&A | 6.6B | +3% |
| Interest Expense | 1B | +21% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
You must keep up on Warren Buffett stocks: The Berkshire Hathaway chief sticks to a winning investing formula, but he does not sit still.
Epic Games has launched an app store in the EU to rival Apple following a long-standing legal battle between the two companies.
Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the third quarter of 2024 showed their returns diverging and the whole group came under selling in recent weeks before rebounding.
Basic AI features—no matter what you call them—aren’t likely to spur a much-anticipated iPhone supercycle.
BRUSSELS— Apple has long kept a tight grip on its iPhone ecosystem. In Europe, its hold is starting to weaken. “Fortnite” maker Epic Games on Friday launched an alternative app store for iPhone users in Europe.
Epic Games, the maker of Fortnite, announced on Friday that it has officially launched its rival iOS app store in the European Union. The Epic Games Store is also launching on Android worldwide. The app store is launching with games including Fortnite, Rocket League Sideswipe and Fall Guys. The company says it's working with developers to launch their games on the Epic Games Store in the future. Epic Games is also bringing its games to independent mobile store AltStore PAL, which announced yeste
Apple stock is poised to outperform amid the AI-driven launch of the iPhone 16.
Equity markets (^DJI, ^IXIC, ^GSPC) are rebounding, with the technology sector (XLK) at the forefront. CFRA Research Senior Equity Analyst Angelo Zino joins Catalysts to share his outlook on the tech market. Zino notes that while tech has "led the way" in the market recovery, it remains "the worst performing sector" since July's market peak. Semiconductors experienced the most severe sell-off but have since shown the strongest gains and recovery. Looking ahead, Zino predicts "more choppy action"...
Investors pushed the shares sharply higher on Thursday, and they remain higher on Friday.
Apple (AAPL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.