Apple Stock News

Welcome back everyone, as most of you know, the iPhone 12 Pro Max was an iPhone that Apple actually released last year, and it was a kind… Continue reading on Medium »

Apple acquired the popular hyperlocal weather app Dark Sky back in March of 2020, and the app is currently slated to be shut down at the end of 2022. Nonetheless, the app continues to receive updates with bug fixes, performance improvements, and other tweaks despite the looming shutdown. Apple today has rolled out version 6.8.7 []

Shares of the company have risen almost 19% since Qualcomm gave its forecast. "Anything beyond our contract with (Apple) is an upside to our model," Amon said during an earnings call Nov. 3.

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Earlier today, a report suggested that Apple has been secretly buying ads for third-party applications in an effort to increase its commission earnings. Apple is now defending itself against some of those allegations, saying that it is a standard business practice in the industry Todays report came from Forbes. The report said that Apple has []

Michael Burry Nukes His Portfolio, Exits All Bearish Positions Up until now, "the big short" Michael Burry was best known for periodically and inexplicably nuking his twitter account before promptly restoring it. Now, we can also his investment portfolio to the list of things the famous subprime shorter tends to nuke every now and then. As a reminder, two quarters ago Burry''s 13F caused a stir across trading desks when the "Big Short" revealed a major Tesla put, which with nominal value of $534 million and representing just over 800K underlying shares, was Burry''s largest position in Q1. Also notable was Burry''s aggressive positioning for a surge in inflation (as a reminder, it was Burry back in February warned that Weimar hyperinflation is coming), which as of March 31 he traded as follows: PUT on the TLT 20+ Year TSY bond ETF, equivalent to some 1.266MM shares or $171.5 million CALL on the TBT 20+ Year Treasury Ultrashort ETF, equivalent to 2.536MM shares or $55.1 million CALL on the TTT 20+ Year Treasury Ultrashort ETF, equivalent to 100K shares or $4.6 million CALL on the 3x levered TMV 20Y Treasury Bear ETF, equivalent to 38,400 shares or $3.1 million Outright long in the TBT 20Y Treasury Ultrashort ETF, amounting to 300,000 shares or $6.5 Million.

First Dallas Securities Inc. grew its stake in shares of Apple Inc. (NASDAQ:AAPL) by 34.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,874 shares of the iPhone makers stock after acquiring an additional 4,802 shares during the period. Apple []

With Black Friday approaching, were frantically tracking the best deals on Apples latest products. But today we have one on an older device: Amazons Woot is selling a Grade A refurbished 40mm Apple Watch Series 5 with GPS and cellular for $280, the same price as an Apple Watch SE. Thats $220 off the original []

Hayek Kallen Investment Management lowered its holdings in Apple Inc. (NASDAQ:AAPL) by 4.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 159,252 shares of the iPhone makers stock after selling 6,974 shares during the quarter. Apple accounts for about 10.3% of []

A complaint filed last Friday in the Northern District of California asserts that Apple Inc. has violated federal and state competition laws by cornering the worldwide distribution market for Apple operating system (iOS) applications. The filing alleges that Apple has charged supracompetitive prices to consumers who have made purchases, including in-app purchases, on iPhones, iPads, [] The post Apple Faces Antitrust Suit for Monopolization iOS App Distribution appeared first on TECHTELEGRAPH .

Sky Mobile has joined the battle for Black Friday supremacy, offering some of the cheapest prices around on key handsets including both Apple and Samsungs flagship devices. Skys Black Friday is simple get 50% off any 60GB tariff. That includes Skys 60GB SIM plan and all phone contracts with that much data. That means []

Following allegations that Apple secretively buys ads for subscription-based apps to collect more commission, Apple has now said that this is a mischaracterization and developers are fully aware of the ads it runs on their behalf. Earlier today, we reported on an investigation by Forbes which claimed that the company "secretly" or "quietly" places ads for subscription-based apps without their consent to bolster its collection of commission on in-app purchases in "a form of ad arbitrage." Apple has now clarified that it has placed ads to promote products it distributes for five years now, and these ads are clearly marked as being from the App Store . Apple indicated that this is no different from retailers running ads for the products they sell, and is a very standard business model. Apple is granted conventional legal rights to advertise in this way in the agreements it has with developers. Apple says that the allegation that it is "secretly" or "quietly" purchasing ads for developers without their knowledge or consent is an overt mischaracterization.

For the past 5 years, AirPods have been the dominant player in true wireless earbud space, and with AirPods 3, I wouldnt expect that to change any time soon. (via Cult of Mac - Tech and culture through an Apple lens )