Home / Tag Archives: Apple Inc

Tag Archives: Apple Inc

Skyworks gives weak preliminary results, cites weakness across largest smartphone customers

Skyworks Solutions issued weak first quarter guidance Tuesday. The semiconductor company lowered revenue projections to $970 million from $1 billion to $1.02 billion. “First fiscal quarter results were impacted by unit weakness across our largest smartphone customers,” said Liam K. Griffin, president and chief executive officer of Skyworks, in a …

Read More »

Cramer reveals some of his favorite Dow stocks for 2019

The Dow’s top five stocks for the end of 2018 were a defensive group: consumer products giant Procter & Gamble, drugmaker Merck, fast-food chain McDonald’s, telecommunications play Verizon and soft-drink maker Coca-Cola. “Classic slowdown stock” Procter & Gamble took first place with a 10 percent gain, a troubling sign for …

Read More »

Is the buyback surge over? Don’t bet on it

Brendan McDermid | Reuters A trader works at his post on the floor of the New York Stock Exchange, December 19, 2018. The Wall Street Journal reports Apple has lost nearly $9 billion this year buying back its own stock. Apple is one of those buyback monsters that has spent …

Read More »

No car keys? No problem. Hyundai rolls out fingerprint technology

“Mobility needs are evolving and so are our customers’ expectation to access cars in an uncomplicated way,” said Henrik Green, vice president of product strategy and vehicle line management at Volvo Car Group. Volvo’s S90 makes even a key fob an option, the big sedan otherwise relying on the owner’s …

Read More »

Apple shares could slide 25 percent in 2019, strategist says

Apple shares could be in for a disappointing 2019 as the technology sector faces its “strongest headwinds in a decade,” one equity research analyst told CNBC Thursday. It’s been a rough year for big tech stocks, with data and privacy controversies, falling chip prices and stagnant smartphone sales. China’s slowing …

Read More »

Tech stocks could help U.S. markets end higher in 2019

Several information technology stocks have been “unfairly” hammered by investors in the recent sell-off in the U.S., but those companies are key to lifting overall sentiment on Wall Street in 2019, according to online brokerage TD Ameritrade Asia. “I think tech is going to drive the overall sentiment higher,” Christopher …

Read More »

FAANG kicks its losing streak in post-Christmas rally

Joshua Roberts | Reuters Jeff Bezos, president and CEO of Amazon and owner of The Washington Post, speaks at the Economic Club of Washington DC’s “Milestone Celebration Dinner” in Washington, U.S., September 13, 2018.  All five FAANG companies — Facebook, Amazon, Apple, Netflix and Google parent company Alphabet — snapped …

Read More »

Apple’s newest iPhones are attracting more Android users: CIRP report

Apple’s latest iPhone models are attracting more Android users to the brand than in previous years, a new report by Consumer Intelligence Research Partners (CIRP) found. Signs have pointed to relatively weak demand overall for the iPhone X, XS and XR, like lowered guidance by some of its key suppliers …

Read More »

When the market is in correction, tech tends to get pummeled the worst

Consumer staples still suffer — but the damage is less severe than in other areas. That sector loses 1.6 percent on average. Healthcare is the second best performer of the group, losing only 5.2 percent on average, followed by healthcare, which tends to lose 5 percent. Traders are already starting …

Read More »