Shares of Apple rose 3.15% to $125.61 at 11:51 EST on Tuesday, after two consecutive sessions in a row of losses. The Nasdaq Stock Market is jumping 0.34% to $12,482.40, following yesterday’s upward trend, This seems, at the moment, a somewhat positive trend exchanging session today.
Apple’s last close was $121.78, 9.85% below its 52-week high of $137.98.
News about Apple today
Apple push into India dealt setback as protest turns to violence. According to today’s article on Bloomberg Quint, "Apple Inc.’s effort to expand the manufacturing of its products in India ran into trouble after workers at a supplier’s plant rioted over unpaid wages, with many arrested for violence and vandalism.", "This year, Apple’s iPhone assemblers were among the companies on track to win approval to participate in a $6.6 billion stimulus program, Bloomberg News reported."
Apple reportedly plans 30% rise in iPhone production in h1 to up to 96 mln. According to today’s article on Business Insider, "For the year 2021, Apple reportedly plans to build up to 230 million iPhones, including both old and new models. ", "Apple In. plans to produce up to 96 million iPhones for the first half of 2021, around 30% higher than the prior year, Nikkei Asia reported citing multiple people familiar with the matter. "
Apple could produce as many as 96 million iPhones in first half of 2021. According to today’s article on MarketWatch, "Apple Inc. shares are up 1.9% in premarket trading Tuesday after Nikkei Asia reported that the company has increased 4.6%."
Apple planning 30% increase in iPhone production for first half of 2021: report. According to today’s article on MarketWatch, "Apple didn’t immediately respond to a MarketWatch request for comment. ", "Wedbush analyst Daniel Ives wrote that the report was “another bullish sign” of demand for the iPhone 12 devices that Apple released this fall. "
Apple’s sales growth is 15.3% for the ongoing quarter and 24.5% for the next. The company’s growth estimates for the current quarter and the next is 11.2% and 34.4%, respectively.
Year-on-year quarterly revenue growth grew by 1%, now sitting on 274.52B for the twelve trailing months.
Apple’s Stock Top and Bottom Yearly Value
Apple’s stock is valued at $125.61 at 11:51 EST, under its 52-week high of $137.98 and way higher than its 52-week low of $53.15.
Apple’s Moving Average
Apple’s value is higher than its 50-day moving average of $118.05 and way higher than its 200-day moving average of $108.57.
Previous days news about Apple
Apple starts work on its own cellular modem, chip chief says. According to Bloomberg Quint on Thu Dec 10, "The move extends Apple’s push toward greater reliance on its own parts at the expense of Qualcomm, Intel and others. ", "Apple has been hiring engineers from Qualcomm for years to help it build the modem, and has offices focused on the effort in San Diego, at its Cupertino, California headquarters and in Europe."
Apple CEO Tim Cook says he had to take a 'meat axe' to his notifications to reduce his screen time. According to Business Insider on Sun Dec 13, "The Apple CEO discussed screen time during an interview with Michael Roberts on the “Outside Podcast” this week. ", "Read more: The battle between Facebook and Apple over privacy is about more than just ads – it’s about the future of how we interact with tech"
An Apple TV plus series about gawker media was axed after Tim Cook found out about it. According to Business Insider on Mon Dec 14, "Eddy Cue, Apple’s senior vice president for internet software and services, who oversees Apple’s programs on Apple TV Plus, has told partners that “the two things we will never do are hard-core nudity and China,” per the Times.", "This led to former Apple CEO Steve Jobs ordering the prototype’s return and the police raiding a Gizmodo editor’s house to find it."
Apple fitness+ review: great workouts—for watch owners only. According to The Wall Street Journal on Mon Dec 14, "Fitness+ will appear as a new tab in Apple’s existing Fitness app. ", "And there are potentially more savings on the $29.95-a-month Apple One Premier plan if you already subscribe to Apple Music and two terabytes of iCloud storage. "