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'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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Apple announced the launch of Apple Vision Pro, a revolutionary spatial computing device, available on February 2, 2023. It features a new operating system, visionOS, and a user interface controlled by the user's eyes, hands, and voice. The device offers extraordinary experiences, productivity, entertainment, gaming, and memories brought to life, along with breakthrough design and unrivaled innovation.
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Apple unveiled the 2023 App Store Awards, recognizing 14 apps and games for creativity, innovation, and cultural impact. Winners were chosen for their technical innovation, user experience, and design.
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Apple has previewed its first store in Wenzhou, China, called Apple MixC Wenzhou. The store showcases Apple's commitment to accessible and sustainable design, featuring universal design elements and plant-based materials. It will be supported by over 100 team members and offer personalized shopping advice, financing options, and product customization. The store will also host free Today at Apple programming, including sessions for accessibility. Apple MixC Wenzhou prioritizes sustainability by using plant-based materials for its ceiling and flooring. The store will open on November 4, 2023, and marks Apple's 30th anniversary in China.
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Apple announced its financial results for the fiscal 2023 fourth quarter, with quarterly revenue of $89.5 billion, down 1% YoY, and quarterly earnings per diluted share of $1.46, up 13% YoY. iPhone revenue set a September quarter record, and Services revenue reached a new all-time high. The company also declared a cash dividend of $0.24 per share.
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Apple announces M3, M3 Pro, and M3 Max, the industry's first 3-nanometer chips for personal computers. The chips feature a next-generation GPU architecture, faster CPU and Neural Engine, and support for more unified memory. The M3 family of chips brings significant performance improvements and new features to Mac, including hardware-accelerated ray tracing and mesh shading. The GPU is up to 2.5x faster than the M1 family of chips, CPU performance cores are 30% faster, efficiency cores are 50% faster, and the Neural Engine is 60% faster. The chips also support up to 128GB of memory. Apple aims for carbon neutrality for the manufacturing supply chains and life cycle of every product by 2030.
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Apple announces new MacBook Pro lineup featuring the all-new M3 chips: M3, M3 Pro, and M3 Max. The 14-inch MacBook Pro with M3 starts at $1,599 and offers great performance for everyday tasks. The 14- and 16-inch models with M3 Pro and M3 Max provide even greater performance and capabilities for demanding workflows. The M3 family of chips brings a faster GPU architecture and supports up to 128GB of unified memory. The new MacBook Pro models are available in space black and silver.
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FAQ
What is the current stock price of Apple (AAPL)?
The current stock price of Apple (AAPL) is $254.49 as of December 20, 2024.
What is the market cap of Apple (AAPL)?
The market cap of Apple (AAPL) is approximately 3.7T.
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
3.73T
14.80B
2.06%
61.93%
0.93%
Consumer Electronics
Electronic Computers
United States of America
CUPERTINO