Apple Inc Stock Price, News & Analysis

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 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 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.

Apple has introduced the Apple Music Voice Plan, a new subscription model that leverages Siri for music streaming. Priced at $4.99 per month, this plan provides access to a vast catalog of over 90 million songs and curated playlists, all through voice commands. Available later this fall in 17 countries, including the US, UK, and Canada, the plan enhances music discovery via personalized playlists designed for voice requests. Subscribers can easily command Siri to play specific music across all Siri-enabled devices.

Apple has launched the third generation of AirPods featuring spatial audio and an advanced acoustic system. The new design focuses on user comfort with a shorter stem and enhanced control via a force sensor. Key features include Adaptive EQ, up to six hours of listening time, and a battery life of up to 30 hours with the charging case. The new AirPods will be available for $179 starting from October 26, 2021, with AirPods Pro now priced at $249. They also integrate seamlessly with other Apple devices, enhancing the overall user experience.

Apple has launched the HomePod mini in three new colors—yellow, orange, and blue—enhancing its compact smart speaker range. Priced at $99, it features impressive sound quality, Siri integration, and smart home capabilities. The new models maintain the same size and functionality as existing options and will be available in November. HomePod mini utilizes computational audio for optimal sound performance and offers features like multi-user voice recognition, enhanced privacy controls, and compatibility with Apple’s music and podcast services. The initiative aligns with Apple's commitment to sustainability.

TROY, Mich., Oct. 4, 2021 /PRNewswire/ -- BetterInvesting Magazine has selected Apple Inc (AAPL) as its "Stock to Study" and Citigroup (C) as its "Undervalued Stock" for the December 2021 issue. The Editorial Advisory Committee emphasized the importance of evaluating fundamentals amid stock market volatility. Ken Zendel, CEO of NAIC, highlighted the need for thorough study to achieve long-term growth. BetterInvesting promotes investor education to help individuals make informed decisions regarding stock purchases.

Apple has updated its iWork suite, enhancing Keynote, Pages, and Numbers with new features for improved productivity and collaboration. Keynote now supports live video presentations and multi-presenter control. Pages offers an optimized reading experience for iPhone with a single-column layout. Numbers introduces pivot tables for data analysis across iPhone, iPad, and Mac. These updates aim to enhance user engagement and make document editing more accessible, demonstrating Apple's commitment to innovation in productivity tools.

Apple TV+ has made history by becoming the first streaming service to win an Emmy Award in a program category during its second year of eligibility. The platform's flagship show, Ted Lasso, secured seven Emmy Awards, including Outstanding Comedy Series. In total, Apple TV+ garnered 11 Emmy Awards across five different programs in 2021. This achievement emphasizes Apple's commitment to high-quality content and the growing appeal of its streaming service in a competitive market.