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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.
AMD's Loss Narrows in Q2, Revenues Increase on GPU Demand
by Zacks Equity Research
Advanced Micro Devices (AMD) reported narrower-than-expected loss in Q2 driven by strong demand for the company's graphics processor units and expanding customer base.
Will Apple (AAPL) Set Up Manufacturing Plants in the U.S.?
by Zacks Equity Research
Apple (AAPL) has been subjected to intense scrutiny by President Trump regarding the domestic manufacturing issue.
Zacks Market Edge Highlights: Facebook, Apple , Alphabet , Snapchat and J2 Global
by Zacks Equity Research
Zacks Market Edge Highlights: Facebook, Apple , Alphabet , Snapchat and J2 Global
Dolby (DLB) Beats on Q3 Earnings and Revenues, View Intact
by Zacks Equity Research
Dolby's (DLB) fiscal third-quarter 2017 results beat expectations, largely supported by solid market traction of offerings under three businesses ??? Dolby Voice, Dolby Vision and Dolby Cinema.
Technology ETF (VGT) Hits New 52-Week High
by Zacks Equity Research
Tech ETF hit a new 52-week high amid strong earnings outlook.
Alphabet (GOOGL) Beats Earnings & Revenue Estimates in Q2
by Zacks Equity Research
Alphabet (GOOGL) delivers strong second-quarter revenues on the back of higher overall advertising revenue. Litigation, however, continues to impact GAAP profits.
Can Nokia (NOK) Spring a Surprise this Earnings Season?
by Zacks Equity Research
Resolution of patent-related dispute with Apple might raise hopes for Nokia's (NOK) Q2 results. But the same could be partially offset by a below-par performance of the Nokia Networks unit.
Spotify and Warner Music Could Sign License Deal by September
by Megan Sanks
Popular music streaming company Spotify is close to a new licensing deal with Warner Music.
Can Corning (GLW) Q2 Earnings Surprise on Product Strength?
by Zacks Equity Research
Corning (GLW) is anticipated to benefit from strength in the optical communications segment and strong demand for Gorilla Glass. However, weakness in Display segment is a headwind.
We Shopped at Amazon's Chicago Bookstore: Here's What It Was Like
by Megan Sanks
Many have lauded the recent opening of Amazon.com's (AMZN) eight brick-and-mortar stores in the U.S. as a death blow to independent bookstores. To see what kind of competition Amazon Books poses for bookstores in the Second City, I decided to head up to the Lakeview neighborhood and witness this new phenomenon for myself.
Skyworks' (SWKS) Q3 Earnings and Revenues Beat Estimates
by Zacks Equity Research
Skyworks' (SWKS) improving market penetration, strong demand for Wi-Fi, Zigbee and LTE solutions and growth potential in IoT aided third-quarter results.
Is Samsung Scraping its Bixby-Powered Speakers Project?
by Zacks Equity Research
Per media reports, Samsung Electronics has made a change of plans regarding the Bixby-powered AI speakers.
Apple Backed by Tech Giants in Ongoing Spat with Qualcomm
by Zacks Equity Research
Silicon Valley backs Apple Inc (AAPL) as its legal fight against QUALCOMM Incorporated (QCOM) over royalty payments intensifies.
Qualcomm's Party Is Over As Apple Attacks & Regulators Scrutinize
by Sejuti Banerjea
As more information on Qualcomm's (QCOM) licensing policies come to light, it's clear that the company is skating on some pretty thin ice.
3 Strong Buy Technology Mutual Funds for Great Returns
by Zacks Equity Research
Below we share with you three top-ranked technology mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy)
Tech Index Breaks Dotcom Era Record: ETFs to Buy
by Zacks Equity Research
US tech stocks broke a 17 year record, as it surged past the dotcom era peak.
After NSA Approval, BlackBerry Can Sell Security Tools to U.S. Government
by Madeleine Johnson
On Thursday, BlackBerry Ltd. (BBRY) announced it has won the right to sell secure messaging tools to the United States government after the National Security Agency (NSA) endorsed the smartphone maker and its products.
Apple-Qualcomm Legal Fight Deepens, Suppliers Join the Fray
by Zacks Equity Research
Apple Inc.'s (AAPL) suppliers, namely, Compal, Hon Hai Precision, Pegatron and Wistron have reportedly joined the Cupertino-based tech giant in its fight against chipmaker QUALCOMM Incorporated (QCOM).
Tech ETFs on Fire as Q2 Earnings Season Heats Up
by Sweta Killa
The S&P 500 information technology sector breached its dot-com era record set in March 2000 heading into Q2 earnings season.
Here's Why You Should Add Symantec to Your Portfolio Now
by Zacks Equity Research
Shares of Symantec Corporation (SYMC) have been performing well of late. Investors should buy the stock right now.
Qualcomm (QCOM) Tops Q3 Earnings and Revenues Estimates
by Zacks Equity Research
Qualcomm Inc. (QCOM) has updated Snapdragon processors and applications to retain leadership in the global wireless baseband chipset market.
Amazon Introduces Pay Places to Make Real-World Purchases
by Megan Sanks
Amazon.com (AMZN) announced today a new feature coming to its mobile app called "Amazon Pay Places" that will allow users to pay for in-store items and order meals for pick-up using their Amazon account payment information.
Apple Appoints Isabel Ge Mahe as MD of China Operations
by Zacks Equity Research
Creation of the new post - that of vice president and managing director of Greater China - underscores importance of that market for the Cupertin-based tech giant, Apple Inc (AAPL).
The Zacks Analyst Blog Highlights: Apple
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Apple
Qualcomm Loses EU Case, Slapped with Daily Fine of $6,65,000
by Zacks Equity Research
Anti-competitive allegations to throw out British phone software maker Icera takes a bitter turn as an EU court fines Qualcomm Inc. (QCOM) $665,000 per day.