Early Apple Music Results Appear Strong; FBR Reaffirms at 'Outperform' (AAPL)
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October 20, 2015 11:06 AM EDT
After starting weaker, Apple (NASDAQ: AAPL) is powering higher mid-day and helping lift the averages. Shares are up 1.7% currently helped by positive installment plan growth and strong initial results for Apple Music.
While Verizon's (NYSE:... More
October 20, 2015 7:10 AM EDT
Apple (Nasdaq: AAPL) CEO Tim Cook said that the company has 15 million people on its Apple Music streaming music service, with 6.5 million paying subs.
News comes from commentary at the... More
October 20, 2015 6:49 AM EDT
By Liang-Sa Loh and Roger Tung
TAIPEI (Reuters) - Taiwan's export orders fell by far less than expected in September as the launch of Apple Inc's (NASDAQ: AAPL) latest iPhones boosted demand for the island's signature technology goods.
It was the sixth consecutive monthly fall, but the better than expected showing - export orders fell 4.5 percent compared with a Reuters poll forecast for a 12.7 percent drop - could signal the start of a turnaround for a struggling tech sector.
Taiwan's export orders are seen as a leading indicator of... More
October 20, 2015 12:43 AM EDT
By Julia Love
(Reuters) - Apple Inc's (NASDAQ: AAPL) new music streaming service has netted more than 6.5 million paid users, the tech giant's Chief Executive Officer Tim Cook said on Monday.
Speaking at a technology conference organized by The Wall Street Journal in Laguna Beach, Calif., Cook said that an additional 8.5 million people are participating in a free trial of the Apple Music service. That gives it more than 15 million users in total, which Cook described as a successful debut.
"I'm really happy about it,... More
