| (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.
Four influential technology companies are set to report their results during a busy week for earnings after a selloff among the “Magnificent Seven” hit the Nasdaq. Amazon and Apple, two of the so-called “Magnificent Seven,” will report results Thursday after the market closes. Here are the earnings we’re watching next week: **Monday and Tuesday:** Microsoft Tuesday is expected to report a more than 14% increase in sales in its fiscal fourth quarter to $64.37 billion.
Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the start of the third quarter of 2024 showed a big divergence of returns.
Apple will release third-quarter earnings after the bell on Thursday, with investors likely watching for signs of stabilizing iPhone sales in China and artificial intelligence updates.
Apple signed the White House's voluntary commitment to developing safe, secure and trustworthy AI, according to a press release on Friday. The company will soon launch its generative AI offering, Apple Intelligence, into its core products, putting generative AI in front of Apple's 2 billion users. Apple joins 15 other technology companies — including Amazon, Anthropic, Google, Inflection, Meta, Microsoft and OpenAI — that committed to the White House's ground rules for developing generative AI i
Apple stock hasn’t racked up Nvidia -like gains since ChatGPT’s launch almost two years ago—but that doesn’t prevent the iPhone maker from racking up gains from the AI fervor. For Raymond James analyst Srini Pajjuri, the stock is “a more stable AI play for volatile times.” Apple will offer Apple Intelligence AI features only on the iPhone 15 Pro and the iPhone 16, which is coming this fall.
Apple Inc has signed U.S. President Joe Biden's voluntary commitments governing artificial intelligence (AI), joining 15 other firms that have committed to ensuring that AI's power is not used for destructive purposes, the White House said on Friday. The original commitments, announced in July 2023, were signed on to by firms including Google and OpenAI partner Microsoft. In September, eight more firms including Adobe, IBM, Nvidia signed on.
Apple's (AAPL) iPhone shipments to China slid even further in the second quarter, according to IDC. The US-based tech giant is no longer on the list of the top five smartphone shippers in the country, falling to sixth place. Apple has faced increased competition from domestic smartphone manufacturers, such as Huawei, in China's consumer market. Seana Smith and Jared Blikre report the latest figures from Apple and what they signal about the iPhone and iPad maker's presence in global markets. For ...
Stock futures (^DJI, ^IXIC, ^GSPC) are gleefully in the green after the Personal Consumption Expenditures (PCE) index saw — the Federal Reserve's preferred inflation gauge — saw prices rose at the slowest pace in over three years. Republican presidential nominee Donald Trump will be speaking at a bitcoin conference in Nashville, TN, on Saturday. Reports have indicated that as Apple's (AAPL) iPhone sales continue to decline in China, Apple's standing in the region has fallen out as one of the top...
Apple is suffering in China as local rivals overtake it, three new reports by research firms monitoring shipments in the world's largest smartphones market showed.
Small caps jumped as the Nasdaq and Nvidia fight AI fatigue. ServiceNow broke out. The Fed's key inflation gauge is due.