One of Apple's core strengths is its ability to develop and market products that consumers don't even realize they need yet.
Apple Inc. (Nasdaq: AAPL) is having its "told you so" moment. News of the Apple Watch's success is everywhere. Despite plenty of skeptics, Apple's latest iDevice sold out worldwide in a matter of hours, pushing preorder deliveries back to June.
During an appearance on CNBC's Closing Bell, Michael said this is just the beginning of the Apple Watch's success. He predicts sales of 10 million watches, worth $4 billion, in the first year. Moreover, he says the Apple Watch has the momentum to disrupt the entire consumer technology market.
Keith appears on Fox Business and talks with host Stuart Varney. Watch the video to hear is thoughts on Apple's new product.
Several analysts have recently downgraded Apple Inc. (Nasdaq: AAPL) from "Buy" to "Hold." Shah, on the other hand, told Fox Business watchers today that now is not the time to downplay Apple's stock. Between smartphone sales and the just launched Apple Watch, Shah explains exactly why now is the time to buy the iDevice King and stick with it.
AAPL stock kicked off its first day of trading as part of the Dow Jones on Thursday, March 19th. There's one question on investors' minds – will the inclusion help or hurt the most valuable tech company in the world?
AAPL stock kicks off its first day of trading as part of the Dow Jones today (Thursday).
There's one question on investors' minds - how will the Dow affect the most valuable tech company in the world?
Last week, CEO Tim Cook promised the new Apple TV streaming service will "reinvent the way you watch television."
But with a company as large as Apple, the service poses a huge question - can it move Apple Inc. (Nasdaq: AAPL) stock?
There was news last week of two negative indicators we haven't seen since the Lehman Brothers bankruptcy in 2008: the low level of the inventory-to-sales ratio - a key measure of future corporate profits - andretail sales falling, in February, for the third consecutive month.
We also learned the Atlanta Fed lowered its real-time 1Q GDP estimate to a moribund 0.6%, while jobless claims were back above 300,000.Lumber sales - animportant leading economic indicator - plunged, and technology bellwether Intel Corp (NASDAQ:INTC) lowered its revenue estimate for the first quarter by $1 billion on plunging PC sales.
On Thursday, March 12, just as we learned this discouraging news, thestock market saw its largest rally in months, with the S&P 500 jumping by 1.24% (25.31 points)....
Monday's presentation by Apple boss Tim Cook revealed that the Apple Watch is a less useful, less compelling, and less user friendly version of the iPhone. But people also sniggered at the iPad back in 2010, when it wasn't clear why users would want a device that was less useful than a laptop and had less connectivity than a mobile phone.
Avid fans flocked to the iPad nonetheless, and they'll probably drive demand for the watch - meaning Apple's unusual dual stature as the biggest cap company on the planet and a doyenne of hipsters will remain intact.
Evidence is piling up that an Apple virtual reality device is in the works.
Apple Inc. (Nasdaq: AAPL) has posted several job listings in recent months seeking engineers with knowledge of virtual reality. A patent that surfaced last month described a piece of virtual reality headgear.
But is it a good idea for Apple to pursue virtual reality?
The S&P 500 gained 8 points today to close at a new record high. The cause? Positive macro-economic forces spreading across Europe.
The Russia-Ukraine ceasefire, improved data on the German economy, and improving prospects for a Greek debt agreement pushed stocks higher.
The Dow Jones today tumbled 291 points amid poor earnings reports and conflicting economic data ahead of the Federal Open Market Committee (FOMC) announcement on Wednesday.
Microsoft (Nasdaq: MSFT) and Caterpillar (NYSE: CAT) were two of the day's worst-performing stocks. Microsoft had its worst day since July 2013.
My wife Robin is a financial advisor and a CPA.
She also possesses one of the sharpest minds I've ever seen.
That's probably why she has such an affinity for jigsaw puzzles. Back in upstate New York, when we were both attending business school together at night, there was nothing she liked more to "decompress" during the lull between the semesters than to do a jigsaw puzzle.
And the greater the number of pieces - and the more complex the puzzle - the more she liked it.
Truth be told, I view the investing process in much the same way that my wife looks at jigsaw puzzles.
There's something really gratifying about taking hundreds of disparate "pieces" - in this case, the reams of financial, economic, and political data that's available at any given time - and shrewdly assembling them into a "picture" that makes sense or conveys beauty.
On Tuesday at its gala event, Apple (Nasdaq: AAPL) unveiled its mobile payment device, the "Apple Pay." It will compete with Amazon (Nasdaq: AMZN), which just launched its own swipe-to-pay device, the "Amazon Local Register," in August, and current market leader Square.