PYMNTS

SEPTEMBER 11, 2019

Apple has reached a rare milestone for a second time. 11) trading and gave the company a capitalization of $1.01 Apple crossed the $1 trillion mark in August of last year, but dropped due to slow iPhone sales in China. Apple crossed the $1 trillion mark in August of last year, but dropped due to slow iPhone sales in China.

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NOVEMBER 5, 2020

Apple has been ordered to face a lawsuit from shareholders over CEO Tim Cook's reported concealment of falling iPhone demand in China, Reuters reports, which caused investors to lose billions. pension fund, can sue over Cook's 2018 comment that while the iPhone was facing sales pressure in some markets, China was not among them.

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APRIL 22, 2020

Team members from Apple, Google, Shopify, LinkedIn and dozens more have used company-allocated work-from-home (WFH) allowances to purchase our desk. million from a venture capital firm to fund the business. Rosenberg’s total marketing spend since The Edge’s inception is under $100,000. With that, the idea for a company was born.

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JANUARY 6, 2021

The largest manufacturer of ceramic capacitors for Apple and other smartphone makers, Murata Manufacturing Co., We will continue making capital expenditure to keep up with the growing demand.”. Apple, Samsung Electronics Co. billion users, for a market share of about 40 percent. and Chinese rivals Xiaomi Corp.,

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DECEMBER 17, 2019

Apple ’s wearables are poised for strong growth over the next four years, according to the International Data Corporation (IDC). The market intelligence firm said the worldwide “earwear” market is forecasted to reach 139.4 The growth in wireless earbuds, which Apple controls, outpaced both wristbands and smartwatches.

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AUGUST 13, 2020

When Apple releases its latest iteration of the iPhone this fall, it seems that the company will also be announcing the latest evolution in its rapidly expanding Services ecosystem. 13), Bloomberg quoted unnamed Apple sources as saying that the tech firm will be rolling out new subscription bundles for digital services.

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JANUARY 3, 2020

The new year started off well for Apple , which saw its share price crossing the $300 mark for the first time on Thursday. On the first day of trading in 2020, Apple’s rise coincided with a broader advance on Wall Street following the Chinese central bank’s move to stimulate the country’s economy. with a market capitalization of $1.33

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FEBRUARY 18, 2019

In an attempt to lower its reliance on the iPhone, Apple is overhauling its leadership ranks and changing its priorities so that it is focused more on services, artificial intelligence, hardware and retail, reported The Wall Street Journal. Apple’s moves come at a time when demand for its iPhones is starting to slow.

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FEBRUARY 17, 2019

PullString , a San Francisco maker of technology that enables people to design and publish voice-activated apps, was acquired by Apple. With Amazon leading in the voice-activated speaker market thanks to Alexa and her slew of skills, Apple is trying to fight back. It also has to contend with Google, relegating it to third place.

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MAY 11, 2020

Mumbai-based Tata Capital , a division of Tata Group, is rolling out a mobile app to make it easier for its business loan customers to manage their accounts. Tata Capital is deeply invested in providing easy access of credit to merchants and dealers through its Channel Finance and Term Loan products.

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PYMNTS

OCTOBER 6, 2019

Increased demand for iPhone 11 has prompted Apple to step production by about 10 percent, Nikkei Asian Review reported on Friday (Oct. Previously, Apple was quite conservative about placing orders”, which were less than for last year’s new iPhone, a source told Nikkei. It also raised Apple’s target price. Demand is good for now.

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DECEMBER 16, 2018

Apple took a hit late last week after Ming-Chi Kuo, the closely followed Apple analyst at TF International Securities, warned that demand for Apple’s iPhones is much lower than expected. Kuo’s report sent shares of Apple lower and is worrisome given his close relationship to a supplier.

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DECEMBER 12, 2019

The drop clashes with a 20-basis-point increase in the Chinese smartphone market. And beyond China, KeyBanc Capital Markets wrote that the iPhone 11 was also a popular model in North America and Western Europe. percent overall market decline,” wrote UBS Analyst Timothy Arcuri. Two months’ data might.

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PYMNTS

MAY 22, 2019

An analyst has revealed that Tesla missed out on the chance to sell to Apple six years ago for around $240 per share. Around 2013, there was a serious bid from Apple at around $240 a share,” Craig Irwin, an analyst at Roth Capital Partners, told CNBC. Apple bid for Tesla. This is something we did multiple checks on.

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PYMNTS

JANUARY 16, 2020

tech firm to reach $1 trillion market value, joining Apple, Amazon and Microsoft in hitting the milestone, according to reports on Thursday (Jan. Apple and Amazon hit the trillion-dollar mark in the summer of 2018. Apple was the first tech giant to see its market cap top $1 trillion. percent, reaching $1,397.81

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PYMNTS

AUGUST 15, 2019

The Apple Card looms, with a rollout that began last week through Goldman Sachs, and according to at least one analysis, the card might underwhelm consumers, lead to muted results (at least at the outset) for its tech and banking backers, and for Goldman, even lead to losses, depending on the economic climate. Not with a bang but a whimper?

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PYMNTS

AUGUST 1, 2019

Google’s parent company Alphabet has surpassed Apple as the company with the biggest cash reserves in the world, according to a report by the Financial Times. The move comes as Apple has made a conscious decision to let go of some of its cash reserves, and about six years after activist investor Carl Icahn pressured the company to do so.

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AUGUST 27, 2019

Menlo Park-based Enjoy Technology , the eCommerce startup led by Ron Johnson, former VP of retail operations for Apple, has raised an additional $150 million in Series C funding, TechCrunch reported on Tuesday (Aug. Prior investors include Riverwood Capital, Stamos Capital, Kleiner Perkins, Highland Capital and Oak Capital Management.

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JULY 25, 2018

When eBay announced that it would be accepting Apple Pay , it wasn’t the only new development for the online marketplace. Bloomberg reported Tuesday (July 24) that eBay will begin offering merchants up to $100,000 in financing through Square Capital. Square Capital is likely to see a significant boost to its financing volumes.

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NOVEMBER 6, 2020

Apple has started taking preorders for a new line of iPhones and HomePod speakers, the company said in a Friday (Nov. This is the first time Apple has simultaneously launched four different iPhone models. Apple's fourth quarter and fiscal year ended Sept. Its market capitalization had been $2.295 trillion on Sept.

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FEBRUARY 18, 2019

Sam Jadallah, the former CEO of defunct smart lock company Otto, has been hired to head up home initiatives — including HomePod and HomeKit — at Apple. The news comes after Apple recently acquired startup PullString, which specializes in voice-enabled toys and could help the company launch products that create a connected living room.

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JANUARY 14, 2019

Global investment firm RBC Capital Markets sent out a note on Sunday (Jan. 13) saying that Apple’s services revenue growth has slowed to 18 percent year-over-year, when it was expected to be at about 27 percent. 14), Apple’s stock dropped about 1.3 Apple has hinted that it will be releasing new products this year.

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OCTOBER 25, 2018

Apple is expanding its presence in Southeast Asia, choosing Thailand as the home for its second Apple Store in Southeast Asia. A tech media outlet , citing comments Apple made on its local Thailand website, reported that the store will be part of the upcoming Iconsiam mall, which will be the largest in Bangkok.

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NOVEMBER 11, 2019

Apple is said to be planning a launch of augmented reality (AR) headsets in 2022, and a year later, introduce smart glasses with the same technology, The Information reported on Monday (Nov. The product timetables run counter to recent analyst and media reports that said an Apple AR device could arrive as early as next year.

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JANUARY 14, 2019

PayPal appointed Allison Johnson , a marketing veteran with over two decades of experience in her field, as the company’s new executive VP and chief marketing officer (CMO) on Monday (Jan. Johnson brings a vast knowledge of marketing to her position. 14), according to a release by the company.

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JUNE 5, 2018

Through a new Face ID setting, Apple ’s latest iOS 12 potentially allows more than one person to use the feature on a particular iPhone X. The news comes as Apple’s annual developer conference, WWDC , helped boost the company’s shares to an all-time high on Monday (June 4). As a result, Apple’s stock rose as much as 1.7

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Bank Innovation

AUGUST 22, 2018

As it makes its way to South Africa and continues to amass impressive partnerships with the likes of Alipay and PayPal, Samsung Pay might have completed three years in the mobile payments market, but its numbers still lag its main rival, Apple Pay. Samsung revealed yesterday that it had completed 1.3

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MARCH 9, 2018

Apple needs to watch its back: Amazon might just beat the world’s most valuable publicly listed company to the $1 trillion mark. While Reuters reports that Apple’s market capitalization has reached $893 billion – $141 billion more than the $752 billion market value of Amazon – the eCommerce giant has been quickly gaining steam.

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JUNE 10, 2019

Stripe rolled out chargeback protection, Apple rolled out its take on sign-in authentication , Mastercard launched an open banking platform and Visa and Western Union paired on a global push to card payments – and those are just the top headlines. There were plenty of introductions last week.

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MyBankTracker

JULY 7, 2020

Market capitalization is a measure of a company’s size and value. Understanding market cap is important for investors who want to properly structure and diversify their portfolios. What is Market Capitalization? Market capitalization is the total value of a company. Market cap ranges.

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APRIL 23, 2018

Apple doesn’t report earnings until May 1, but that hasn’t stopped Wall Street analysts from cutting their forecasts for iPhone shipments, with Morgan Stanley the most recent to pile on. The high-end device has a hefty price tag of $999, which shut a lot of buyers out of the market.

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OCTOBER 1, 2019

The iPhone 11 rolled out just over a week ago, and Apple CEO Tim Cook told the German newspaper Bild that the latest model enjoyed a “very strong start,” CNBC reported on Tuesday (Oct. Cook told the newspaper that Apple “could not be happier” with the iPhone 11 launch, although sales figures were not discussed.

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MARCH 21, 2018

Amazon has overtaken Alphabet — Google ’s owner — as the company with the second-highest market value in America, as Google’s stock fell for the third consecutive day on Tuesday (March 20). As of now, Apple is the only company worth more than Amazon at nearly $900 billion.

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FEBRUARY 2, 2018

To say that Apple didn’t sell a lot of phones during the holiday season would not be fair. Saying Apple didn’t make money during its first fiscal quarter of 2018, would not be fair, either. Apple beat on earnings and revenue expectations, thanks to higher-than-expected device prices. billion and a profit of $3.39 cents a share.

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APRIL 9, 2018

Apple’s New Chip Groove. Last week’s reports suggest that Apple will soon wave goodbye to its long-term chipmaker, Intel, in favor of making its own chips for Mac computers. The goal is to bring all Apple products into alignment in an attempt to make them work more smoothly, similarly and seamlessly in tandem.

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JUNE 1, 2018

To help users monitor how much time they are spending on their Apple devices and within certain apps, engineers at the tech company have been working on a series of tools through a Digital Health initiative. According to people familiar with Apple’s plans, the features will be bundled into a menu in Apple’s iOS 12, Bloomberg reported.

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AUGUST 24, 2017

Apple is still trying to change the world, but some of its plans simply weren’t meant to be (read: Apple driverless, gas-pedal-less, steering-wheel-less cars). Apple is also reportedly in talks with Hollywood to change how movies are released, and it just scored a massive “maple bond” deal, whatever that is. About Face.

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