Shares of Apple rose 3.71% to $126.30 at 10:05 EST on Tuesday, after two consecutive sessions in a row of losses. The Nasdaq Stock Market is jumping 0.5% to $12,440.00, following yesterday’s upward trend, This seems, up until now, a somewhat positive trend trading session today.
Apple’s last close was $121.78, 9.25% under 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, "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 has said it is investigating the incident and whether Wistron adhered to its labor practices. "
Apple reportedly plans 30% rise in iphone production in h1 to up to 96 mln. According to today’s article on Business Insider, "Apple is also said to be preparing an aggressive production schedule for its high-end computers, including the MacBook Pro and iMac Pro, for 2021.", "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’s sales growth is 15.3% for the ongoing quarter and 24.5% for the next. The company’s growth estimates for the present 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 $126.30 at 10:05 EST, below its 52-week high of $137.98 and way above its 52-week low of $53.15.
Apple’s Moving Average
Apple’s value is higher than its 50-day moving average of $117.94 and way above its 200-day moving average of $108.26.
Previous days news about Apple
Apple starts work on its own cellular modem, chip chief says. According to Bloomberg Quint on Thu Dec 10, "Apple is planning upgrades that are designed to improve on Intel’s fastest computer chips, Bloomberg News reported earlier this week.", "Read more: Apple’s Settlement With Qualcomm Starts the Clock on Its Own 5G Modem"
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, "Apple debuted its screen time feature in 2018 as part of its new iPhone operating system, iOS 12. ", "The Apple CEO discussed screen time during an interview with Michael Roberts on the “Outside Podcast” this week. "
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, "In 2010, Gizmodo, then part of Gawker Media, got its hands on an iPhone 4 prototype in 2010 after an Apple software engineer left it at a bar just months before it was publicly launched. ", "Apple then subsequently killed the show, the Times reported. "
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. ", "While the app’s core workout experience is video, streamed on an iPhone, iPad or Apple TV, you can’t access the app without the smartwatch. "