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Zacks News
Apple’s business primarily runs around its flagship iPhone. However, the Services portfolio that includes revenues from cloud services, App store, Apple Music, AppleCare, Apple Pay, and licensing and other services now became the cash cow. Moreover, non-iPhone devices like Apple Watch and AirPod gained significant traction. In fact, Apple dominates the Wearables and Hearables markets due to the growing adoption of Watch and AirPods. Solid uptake of Apple Watch also helped Apple strengthen its presence in the personal health monitoring space.
Apple's Vertical Integration Policy To Hurt These 3 Suppliers
by Zacks Equity Research
Apple's (AAPL) aggressive vertical integration policy is creating pressure on its suppliers of late.
Fitbit Rating Downgraded by Morgan Stanley, Shares Fall 9.4%
by Zacks Equity Research
Fitbit's (FIT) rating has been downgraded by Morgan Stanley due to the lack of catalysts to drive the company's growth.
What We Know About Spotify's First Day Of Trading, So Far
by Benjamin Rains
Tuesday marks the first day that music streaming powerhouse Spotify plans to start trading on the New York Stock Exchange. Spotify's relatively unique direct listing could make today a very interesting one for this much-anticipated tech IPO. Here's what we know so far.
Intel's Data Center Focus Limits Apple's Mac Chip Plan Impact
by Zacks Equity Research
Intel (INTC) has limited exposure to Apple's plan for using own chips in Mac computers based on its data center and self-driving car initiatives.
Did Investors Overreact to Apple Ditching Intel Chips?
by Ryan McQueeney
Shares of Intel (INTC) closed more than 6% lower Monday after reports suggested that Apple (AAPL) plans to replace the semiconductor behemoth's chips used in Mac computers with its own line of processors as early as 2020.
Apple Roundup: Education, iPhone Estimates Slashed, More
by Sejuti Banerjea
As U.S. negotiations with China continue, Apple (AAPL) hosted an education event, saw iPhone estimates slashed yet again while taking Qualcomm (QCOM) to the UK courts.
ETFs to Watch Out For on NAFTA Talks
by Zacks Equity Research
There seems to be increasing unrest in the Canadian and Mexican markets as Trump threatens to withdraw from NAFTA.
Netflix Reportedly Casts Jennifer Aniston in Murder Mystery
by Zacks Equity Research
Netflix's (NFLX) new show Murder Mystery will reportedly star Adam Sandler and Jennifer Aniston.
Snap Continues to Restructure With Second Layoff in a Month
by Zacks Equity Research
Snap (SNAP) is concentrating on streamlining its workforce to boost the bottom line.
Apple to Benefit from India's New Used Goods Import Policy
by Zacks Equity Research
Apple (AAPL) can take advantage of India's latest policy by shifting more manufacturing to India, which will help it to lower costs.
Apple Likely to Face Class-Action Lawsuit for iPhone Issue
by Zacks Equity Research
Apple (AAPL) is facing multiple lawsuits over its iPhone battery controversy.
Stock Market News For Mar 29, 2018
by Zacks Equity Research
Markets finished lower for a second straight day on Wednesday.
Zacks Investment Ideas feature highlights: Apple, NVIDIA, Intel, Baidu and Tesla
by Zacks Equity Research
Zacks Investment Ideas feature highlights: Apple, NVIDIA, Intel, Baidu and Tesla
5 Value Stocks to Buy as Technology Carnage Grips Market
by Zacks Equity Research
The Tech sector has been driving the markets this year and was one of the significant beneficiaries of a roaring rally last year. So it will not be too ambitious to expect a rebound in the near term.
Walmart (WMT) Drops Alipay, Picks Up WeChat Pay: Here's Why
by Zacks Equity Research
Walmart's (WMT) acceptance of WeChat Pay method of payment is likely to enhance customers' convenience and strengthen business.
Apple Rides on Wearables, Rumored to Launch Watch Series 4
by Zacks Equity Research
Apple (AAPL) is expected to boost its presence in the smartwatch market, with the speculated launch of Watch Series 4 this fall.
Apple Refocuses on EdTech, Brings Feature-Rich iPad, Apps
by Zacks Equity Research
Apple (AAPL) makes major announcements to expand its footprint in the education technology market.
ETFs to Buy as Trade War Fears Abate
by Zacks Equity Research
The U.S. stock market erases some of its losses from the prior week, as odds of a trade war subside.
Microsoft Mounts Challenge in The Trillionaire Race on Azure
by Zacks Equity Research
Shares of Microsoft (MSFT) surged post the Morgan Stanley note placing the company as a contender to reach $1 trillion mark on the back of Azure.
Apple Reportedly Outspends FB, YouTube for Original Shows
by Aniruddha Ganguly
Apple (AAPL) is reportedly spending more than its stipulated budget of $1 billion for acquiring original content.
MSCI, Mattel, Apple and Cisco highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
MSCI, Mattel, Apple and Cisco highlighted as Zacks Bull and Bear of the Day
Google Ups Ante in EdTech to Keep AAPL, AMZN & MSFT at Bay
by Madhura Bhattacharyya
Alphabet's (GOOGL) Google launches first Chromebook tablet in a bid to maintain its dominance in the EdTech market.
Apple vs. Cisco: Which Tech Stock Is the Better Value Buy?
by Ryan McQueeney
Shares of tech value darlings Apple (AAPL) and Cisco (CSCO) surged on Monday as the sector looks to rebound from one of its toughest trading weeks of the year.
Here's Why Paycom (PAYC) Stock Should Be in Your Portfolio
by Zacks Equity Research
Paycom (PAYC) seems to be a good addition to investors' portfolio on the back of strong fundamentals.
Why Is Microsoft (MSFT) Stock Surging Today?
by Ryan McQueeney
Shares of Microsoft (MSFT) surged nearly 6% in early morning trading Monday after analysts from Morgan Stanley said that the software giant is on track to reach $1 trillion in market capitalization within the next year on the back of continued cloud adoption.