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.
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Apple previews its new store in Shanghai, Apple Jing’an, offering a unique shopping experience with a focus on local culture and a wide range of products and services. The store features a team of over 150 staff members ready to assist customers.
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Apple announces the new MacBook Air with the powerful M3 chip, offering blazing-fast performance, enhanced AI capabilities, and a sustainable design. The laptop features up to 18 hours of battery life, a stunning Liquid Retina display, and support for up to two external displays. The M3 chip provides up to 60% faster performance than the M1 model and up to 13x faster than Intel-based MacBook Air.
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Apple introduces Apple Sports, a free iPhone app providing real-time scores and stats for sports fans. The app offers a personalized experience with easy navigation and access to favorite leagues and teams. Available in the U.S., the U.K., and Canada, Apple Sports covers various leagues and will expand to include more in the future.
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Apple Music announces exclusive content and programming ahead of USHER's Super Bowl LVIII Halftime Show, including playlists, interviews, and immersive experiences for fans. The press release highlights the various ways fans can engage with USHER's music and the exclusive content available on Apple Music. USHER's highly anticipated performance is part of a multiyear partnership between the NFL, Roc Nation, and Apple Music, aiming to bring together the Super Bowl Halftime Show and Apple Music. The press release emphasizes the immersive sound experience powered by Spatial Audio and the exclusive behind-the-scenes content available on Apple Music platforms.
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Apple announced financial results for Q1 2024, with a 2% increase in revenue to $119.6 billion and a 16% increase in earnings per share to $2.18. The company reported strong iPhone sales and an all-time high in Services revenue. The installed base of active devices surpassed 2.2 billion, and Apple Vision Pro is set to launch. The board declared a cash dividend of $0.24 per share.
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Apple announced changes to iOS, Safari, and the App Store to comply with the Digital Markets Act in the EU. The changes include new APIs, expanded app analytics, and options for processing app payments and distributing iOS apps. These changes aim to reduce privacy and security risks for EU users.
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Apple's 'Killers of the Flower Moon' and 'Napoleon' earn a total of 13 Academy Award nominations, with 'Killers of the Flower Moon' receiving 10 nominations, including Best Picture, Best Director, and Best Actress in a Leading Role. The film also makes history for Indigenous representation with nods for Lead Actress Lily Gladstone, artist Robbie Robertson, and Scott George. Additionally, 'Napoleon' earns three nominations for Best Costume Design, Best Production Design, and Best Visual Effects.
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Apple previews the opening of its 100th Apple Store in the Asia-Pacific region, Apple Hongdae, in South Korea. The store aims to provide an exciting space for students, families, and the local community to discover and shop Apple products, receive support, and participate in free Today at Apple sessions. The store features nearly 100 expert retail team members and offers special promotions for students and families. Additionally, the store will host a series of free Today at Apple sessions for students and a brand-new Today at Apple Pop-Up Studio featuring hip-hop artist Beenzino. Apple Hongdae is designed with a focus on environmental sustainability, utilizing plant-based materials and running on 100% renewable energy. The store also features a dedicated Apple Pickup station for online purchases. The opening of Apple Hongdae marks the company's continued expansion in South Korea, following the launch of other stores and initiatives in the country.
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Apple announced the launch of Apple Vision Pro, an entertainment device featuring groundbreaking technology, immersive experiences, and advanced spatial audio. The device boasts ultra-high-resolution micro-OLED displays, a powerful R1 chip, and M2 chip for efficient performance. It supports two hours of general use and up to 2.5 hours for video playback. Users can enjoy immersive entertainment experiences, including 3D movies, spatial audio, and Environments. Apple Vision Pro also allows users to interact with lifelike prehistoric creatures and experience personalized spatial audio. The device supports dynamic apps and Environments in visionOS, providing an infinite canvas for apps, games, and other spatial experiences. Additionally, users can watch award-winning Apple Originals from Apple TV+, access popular streaming apps and channels, and enjoy interactive entertainment exclusive to Apple Vision Pro.
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Apple Inc. (AAPL) announces the retirement of Al Gore and James Bell from the board of directors, and the nomination of Dr. Wanda Austin, former president and CEO of The Aerospace Corporation, to join the board. Dr. Austin brings extensive science and technology experience and is known for her leadership in advancing innovation and shaping corporate strategy.
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FAQ
What is the current stock price of Apple (AAPL)?
The current stock price of Apple (AAPL) is $228.52 as of November 21, 2024.
What is the market cap of Apple (AAPL)?
The market cap of Apple (AAPL) is approximately 3.5T.
What is the primary business of Apple Inc.?
Apple Inc. is a technology company that designs and manufactures consumer electronics, software, and services. Its primary products include the iPhone, Mac, iPad, and Apple Watch.
How does Apple distribute its products?
Apple sells its products through its own retail stores, its website, and partnerships with other retailers and distributors globally.
What are some of Apple's recent product updates?
Recent updates include the launch of Final Cut Pro for iPad 2 with advanced video editing features, and the new iPad Pro with Ultra Retina XDR display and M4 chip.
How does Apple support its commitment to innovation?
Apple supports innovation through continuous development of its hardware and software, integrating new technologies like AI, augmented reality, and enhancing the synergy between its devices.
Who manufactures Apple products?
Apple designs its software and semiconductors, while partnering with manufacturers like Foxconn and TSMC to produce its hardware products.
What role do Apple Stores play in its sales strategy?
Apple Stores are crucial to its sales strategy, accounting for nearly half of its sales, with the remainder coming through partnerships and distribution channels.
What is Apple's environmental commitment?
Apple is committed to reducing its environmental impact, with initiatives that include using recycled materials in its products, energy-efficient design, and aiming for carbon neutrality by 2030.
How does Apple integrate AI in its products?
Apple integrates AI to enhance user experiences across its products, including the new AI features in Final Cut Pro for Mac, which streamline and improve video editing workflows.
What are the key features of the new iPad Pro?
The new iPad Pro features a revolutionary Ultra Retina XDR display, powered by the M4 chip, providing exceptional performance and visual detail.
How significant is Apple's market capitalization?
As of March 2023, Apple is the world's most valuable company by market capitalization, reflecting its significant impact and leadership in the technology sector.
Apple Inc.
Nasdaq:AAPL
AAPL Rankings
AAPL Stock Data
3.45T
14.80B
2.06%
61.68%
0.88%
Consumer Electronics
Electronic Computers
United States of America
CUPERTINO