Welcome to our dedicated page for Apple news (Ticker: AAPL), a resource for investors and traders seeking the latest updates and insights on Apple stock.
Apple Inc. (symbol: AAPL) is an American multinational technology company headquartered in Cupertino, California. It is renowned for its innovative products and services, being the world's largest technology company by revenue with $394.3 billion in 2022. As of March 2023, it also holds the title of the world's most valuable company by market capitalization.
Apple's product lineup includes the iPhone, which contributes significantly to its sales, alongside other popular devices like Mac, iPad, and Apple Watch, all designed to integrate seamlessly with its iPhone-centric software ecosystem. The company continually evolves its offerings, incorporating services such as streaming video, subscription bundles, and augmented reality.
Apple designs its software and semiconductors in-house, while partnering with firms like Foxconn and TSMC for manufacturing. Retail operations are robust, with nearly half of its sales occurring through its own stores, augmented by partnerships and a strong distribution network.
Recently, Apple has launched significant updates across its product lines, including the introduction of powerful new AI features in Final Cut Pro for Mac, enhancing video editing workflows. Additionally, the latest iPad Pro features groundbreaking Ultra Retina XDR displays and the new M4 chip, offering unprecedented performance and visual experiences.
Apple remains a leader in technology, driven by a commitment to innovation and quality, supported by a workforce of over 150,000 employees dedicated to making the best products on earth and improving the world with its environmental commitments.
Apple has filed a lawsuit against NSO Group to hold it accountable for surveillance targeting Apple users. The suit reveals how NSO's Pegasus spyware can infect devices, and seeks a permanent injunction to prevent NSO from using any Apple products. Additionally, Apple is contributing
Apple has launched its Self Service Repair program, allowing consumers to repair their iPhone 12 and iPhone 13 with genuine parts and tools. The program will be available in the US early next year and will expand globally throughout 2022. Customers can access over 200 individual parts and tools, focusing initially on common repairs like the display, battery, and camera. This initiative aims to enhance repairability and give customers more choices in managing their Apple products.
Apple has announced the election of Alex Gorsky, former chairman and CEO of Johnson & Johnson, to its board of directors. Gorsky brings extensive experience in corporate leadership and health technologies, having led Johnson & Johnson to become the largest healthcare company globally. Tim Cook, Apple’s CEO, expressed enthusiasm for Gorsky's innovative mindset and ability to improve lives through technology. Gorsky's leadership is expected to positively impact Apple’s direction in health-focused innovations.
Apple announced its fiscal 2021 fourth quarter results, achieving a record revenue of $83.4 billion, reflecting a 29% year-over-year increase. The company reported earnings per diluted share of $1.24. Key highlights include record performance in Services and Mac segments, along with a substantial growth in the active installed base of devices. Apple returned over $24 billion to shareholders and declared a cash dividend of $0.22 per share, payable on November 11, 2021. The financial results showcase strong double-digit growth across all geographic segments and product categories.
Apple has announced its commitment to sustainability by doubling the number of suppliers using 100% clean energy, with 175 suppliers now on board. This effort supports its goal of achieving carbon neutrality across its supply chain by 2030. Apple will simultaneously launch 10 new renewable energy initiatives to assist under-resourced communities globally, aiming to create economic opportunities and social impact. Over the past five years, Apple has managed to reduce its carbon emissions by 40% and plans for every device sold to have a net-zero climate impact by 2030.
Apple has announced the opening of its new store, Apple Bağdat Caddesi, in Istanbul on October 22. This marks Apple's third retail location in Turkey, designed to integrate local materials and promote community engagement through programs like Perspektif Istanbul. The store offers an immersive AR exhibition and is staffed by a diverse team fluent in 14 languages. The grand opening will require appointments due to health measures.
Apple has released significant updates for Final Cut Pro and Logic Pro, designed for creative professionals utilizing the M1 Pro and M1 Max chips. Final Cut Pro now enables video editors to play seven streams of 8K ProRes and color grade in 8K HDR with Liquid Retina XDR. It introduces a machine-learning-based Object Tracker for creating engaging graphics. Logic Pro features tools for creating spatial audio music, allowing users to mix songs in Dolby Atmos. Both applications are available today on the Mac App Store.
Apple has unveiled the M1 Pro and M1 Max chips for the MacBook Pro, enhancing performance and efficiency. The M1 Pro features a 10-core CPU and GPU options that are 2x and 4x faster than the original M1, respectively. Memory bandwidth is significantly improved, with M1 Pro supporting up to 32GB and M1 Max up to 64GB of unified memory. Both chips introduce an advanced media engine with ProRes accelerators aimed at professional video processing. The launch marks a significant step in the transition to Apple silicon, promising greater power efficiency and unprecedented capabilities.
Apple unveiled its reimagined MacBook Pro powered by the new M1 Pro and M1 Max chips. These chips offer groundbreaking performance with a 10-core CPU and up to 32-core GPU. The new 14- and 16-inch models feature a Liquid Retina XDR display, improved audio, and advanced connectivity including Thunderbolt 4 and MagSafe 3. The 14-inch model starts at $1,999 and the 16-inch at $2,499. Customers can order now, with availability beginning October 26. The MacBook Pro is aimed at professionals, delivering up to 21 hours of battery life and enhancing workflows significantly.
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