Recap of Apple’s Earnings Report
Apple Inc. (AAPL) outperformed the market in terms of earnings and revenue. Analysis of Apple’s (AAPL) Financial Results AAPL posted results for the third quarter of fiscal year 2021 that was above analysts’ forecasts. Earnings per share (EPS) more than doubled from the previous quarter, exceeding forecasts. Revenue also was above analyst expectations, growing 36.4 […]
Apple, Inc. (AAPL) facing another Lawsuit over Cook`s comment china comments
U.S. District Judge Yvonne Gonzalez Rogers order Apple to face a proposed class-action lawsuit by shareholders led by a UK pension fund over the comment made by the CEO Tim Cook on Nov. 1, 2018, due to which hide the falling demand for iPhones in China, resulting in billions of dollars of investor losses. On […]
Walmart Inc (WMT) endorsing Comcast Corp (CMCSA) streaming service to rival Netflix
Retailer giant Walmart Inc (WMT) and Comcast Corp are reportedly joining hands to build and sell smart TVs. It’s been reported that the bricks-and-mortar store would advertise and sell TV sets with Comcast software and will grab a chunk of revenue from Comcast. Reports said that Comcast, which is set to rival Netflix and Apple […]
Apple (AAPL) reached 2 trillion milestones despite pandemic vows
As per latest publications iPhone-maker’s Apple Inc. (AAPL) is now priced at $2 trillion in the stock market. This landmark has never been achieved by any US company before. Another impressive aspect is that this landmark is attained just two years after the company hit the trillion milestones back in 2018. Company’s share price spiked […]