apple share price

The largest technology stocks that lifted the broader market last year are having a less-rosy start to 2024. The so-called Magnificent Seven, which includes Apple Inc., Amazon.com Inc., Alphabet Inc., Microsoft Corp., Meta Platforms Inc., Tesla Inc. and Nvidia Corp., slipped for the last four trading days, the longest losing streak in a month, according to the Bloomberg Magnificent 7 Price Return Index. Shares of Apple, down 4.6% in the time period, lead the slump that's erased $383 billion in market value. The Nasdaq…

Apple Inc.'s slowing growth and cash-rich balance sheet are again fueling speculation that the world's most valuable company should make a big acquisition.Entertainment giant Walt Disney Co. recently joined a long list of potential acquisition targets that over the years has grown to include Netflix Inc., Tesla Inc., Peloton Interactive Inc. and Sonos Inc. They all have one thing in common: Anyone betting that Apple would buy them has so far been sorely disappointed. “You're probably missing the value of the business if…

A steady slide in Apple Inc. shares pushed the iPhone maker’s market value below $2 trillion, the latest casualty in the tech stock rout. A steady slide in Apple Inc. shares pushed the iPhone maker's market value below $2 trillion, the latest casualty in the tech stock rout. Apple fell as much as 4.2% on Tuesday as concerns about iPhone supply in the important holiday quarter mount and investors lose faith in a reprieve from higher interest rates. The slump sent Apple's market value to $1.98 trillion, ending its…

Apple Inc. shares closed at their lowest level since June 2021 on Tuesday, amid an ongoing selloff of big-tech stocks amplified by concerns over iPhone supply in the key holiday period. Apple Inc. shares closed at their lowest level since June 2021 on Tuesday, amid an ongoing selloff of big-tech stocks amplified by concerns over iPhone supply in the key holiday period.The stock fell 1.4% in its third straight negative session. While Apple remains a modest outperformer for 2022, with a 27% decline that is narrower than…

Apple Inc. has shelled out more than $550 bn buying back its own shares over the past decade, more than any other US company. Apple Inc. has shelled out more than $550 billion buying back its own shares over the past decade, more than any other US company, and the technology juggernaut shows no signs of slowing down.Even with the stock under pressure the past few days because of production delays for its newest handsets, Apple has fared better than other megacap tech companies in this year's bear market. Solid earnings…

Apple Inc.’s status as a relative haven in this year’s bear market is under threat amid growing concern that iPhone sales are weakening. Apple Inc.'s status as a relative haven in this year's bear market is under threat amid growing concern that iPhone sales are weakening, portending further declines for technology stocks more broadly. Over the weekend, the Cupertino, California-based company said Covid-related lockdowns in China would cause shipments of its newest premium handsets to be lower than previously…

Apple Inc. delivered just enough good news in its quarterly report to avoid the fate of most tech giants this earning season. Apple Inc. delivered just enough good news in its quarterly report Thursday to avoid the fate of most tech giants this earning season, when its peers have seen valuations plunge by hundreds of billions of dollars. Though sales of iPhones and services were softer than expected last quarter, Apple's revenue and profit both topped analysts' estimates. The company said that growth wouldn't be…