Apple (AAPL) May Add Ads to Maps and Other Apps - Bloomberg
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Apple (AAPL) Lays Off Contract-based Recruiters in Hiring Slowdown - Bloomberg
August 16, 2022 10:56 AM EDTApple (NASDAQ: AAPL) is said to have laid off various contract-based recruiters in the past week, according to Bloomberg.
Citing people with knowledge of the matter, Bloomberg said the move comes as the tech giant continues to reduce hiring and spending, with around... More
Big Short's Burry Liquidates ~$200M in Long Stock Bets, Now Has Just One Stock
August 15, 2022 11:31 AM EDTThe recent bearish views expressed by Michael Burry, the investor made famous by the movie "The Big Short", is apparently not just lip service, according to the latest SEC filing from his Scion Asset Management. The filing, made Monday on form 13F, showed that the hedge fund completely liquidated all of the 12 positions it owned as of the end of the first quarter.
Positions the firm owned at the end of... More
Apple Could Outperform Into iPhone Event but Overall Risk/Reward Unfavorable - Bernstein's Sacconaghi
August 15, 2022 6:11 AM EDTBernstein analyst Tony Sacconaghi remains cautious on Apple (NASDAQ: AAPL) stock given the elevated valuation.
The analyst reiterated a Market Perform rating on AAPL shares and a $170 per share price target.
We see some opportunity for Apple to continue to outperform through its iPhone launch in... More
UPDATE: Apple (AAPL) Expects To Sustain iPhone Sales In 2022 As Market Slows - Bloomberg
August 11, 2022 3:57 PM EDT(Updated - August 11, 2022 4:00 PM EDT)
Apple (NASDAQ: AAPL) asked suppliers to build at least as many next-gen iPhones this year as in 2021, according to Bloomberg.
Apple is telling its assemblers to make 90 million of tis newest devices, on par with last year, despite deteriorating projections from the smartphone market.
... More