iMessage vs. Snapchat: The Battle for Gen Z's Texts
Teens and young adults love Snap’s messaging app almost as much as they love their iPhones. Will they stick with it when they’re 30?
Berkshire Hathaway’s First Quarter 2023 Portfolio Moves
FILE – Berkshire Hathaway Chairman and CEO Warren Buffett smiles during an interview in Omaha, Neb., … [+] May 7, 2018. Buffett recommitted to his favorite bank stock, Bank of America, during the first quarter while dumping two other banks as part of a number of moves in Berkshire Hathaway’s stock portfolio. Berkshire provided a…
CEO Pay Packages Fell Sharply in 2022, the First Decline in a Decade
The annual WSJ analysis of compensation for CEOs in the S&P 500 reveals that the median pay held steady. But in a first, companies are also disclosing how much those pay packages rose or fell in the year.
Apple Is Breaking Its Own Rules With a New Headset
Apple’s soon-to-be-revealed mixed-reality device will likely cost $3,000, requires a separate battery pack and is still experimental.
Highlights From Warren Buffett And Berkshire Hathaway’s 2023 Annual Meeting
Wennie Wen of New York City poses for photos in the exhibition hall of the Berkshire Hathaway annual … [+] meeting on Saturday, May 6, 2023, in Omaha, Neb. (AP Photo/Rebecca S. Gratz) Copyright 2023 The Associated Press. All rights reserved Berkshire Hathaway’s (BRK/A, BRK/B) annual “Woodstock for Capitalists” was held on May 6th. After…
Apple Beats Quarterly Profit And Sales Estimates—Led By Record Services Revenue
Topline Apple topped Wall Street’s expectations for its first quarter financial performance released Thursday afternoon, thanks to its strongest ever sales in its services unit encompassing its iCloud, App Store and credit card business, though pricier loans dragged on its bottom line. Apple CEO Tim Cook holds an iPhone 14 Pro at a September launch…
Apple Reports Weaker Sales for Second Straight Quarter
The iPhone maker posted a sales decline as demand has waned for some of its products after reaching record levels during the pandemic.
What To Expect From Apple On Wednesday
NEW YORK, NY – JANUARY 29: A man checks his phone in an Apple retail store in Grand Central … [+] Terminal, January 29, 2019 in New York City. Apple is set to report first-quarter earnings results after U.S. markets close on Tuesday. (Photo by Drew Angerer/Getty Images) Getty Images Apple AAPL Inc. is scheduled…
Apple’s Stock In Focus: More Profitable Than Banks
Investors looking for the “next big thing” will point toward companies like Stripe, Sofi or Square as the leading fintech stocks. Meanwhile, the next big thing to disrupt the financial sector may be sitting in plain sight. Apple grew its cash trove through legendary design and hardware, yet how Apple chooses to leverage its enormous…
Starbucks, Ford, Apple Lead Another Busy Earnings Week
Business Earnings Preview Most companies have surpassed Wall Street’s expectations for the quarter
Apple Reports After The Close On 5/4 — Options Contracts Expire The Next Day
According to NextEarningsDate.com, the Apple AAPL next earnings date is projected to be 5/4 after the close, with earnings estimates of $1.43/share on $92.84 Billion of revenue. Looking back, the recent Apple earnings history looks like this: AAPL tickertech The company has an impressive long-term earnings per share chart: AAPL tickertech And with equally impressive…
Facebook Parent Meta Platforms Sees First Sales Increase in Nearly a Year
The company reported revenue of $28.6 billion, up 3% from a year prior, as it continues to improve after the loss of ad-tracking capabilities in 2021.
Apple Wins Appeal in App Store Case Brought by Epic Games
A federal appeals court upheld a ruling that mostly sided with Apple on App Store policies.
Apple Plans Journaling App in Boost of Health Initiatives
A product that lets users keep track of their daily activities will compete with existing software.
Apple's Tim Cook Meets India Prime Minister Modi, in Move Diversifying Supply Chain
Apple chief executive met with India’s Narendra Modi, visiting the country where the iPhone maker wants to expand its manufacturing footprint and smartphone sales.
Apple Opens Its First Retail Store in India
The tech company opened a bricks-and-mortar location in Mumbai and is planning to open a second location Thursday in New Delhi.
GM Ditches Apple CarPlay on EVs as Fight for Your Car’s Screen Intensifies
Business Autos & Transportation Autos Industry Move to drop the popular app highlights battle that could be worth billions
The Unexpected Reason Apple Is Dominating the U.S. Smartphone Market
In the past few years, the market for smartphones has become a lot more like the one for used cars. Whereas many of us once upgraded our phones every two or three years, and treated old ones almost as if they were disposable, more than ever these phones are sticking around, and having a long…
These 7 Tech Stocks Command Almost 90% Of The S&P 500’s Gains—Signaling Market Rally May Not Be So Healthy
Topline A small grouping of mega-cap stocks are behind almost all of the S&P 500’s 2023 rally, as investors pile back into the stocks battered last year and shun smaller-cap stocks amid macroeconomic and banking uncertainty, though one analyst cautioned about what the concentrated rally means for the market’s broader health. It’s been a banner…
Investors View Corporate Earnings Season as Next Test for Stocks
This week’s kickoff to the corporate earnings season offers the next trial for the market as investors consider whether U.S. stocks can hold on to recent gains in the face of deteriorating profits. Analysts expect companies in the S&P 500 to report a second consecutive decline in quarterly earnings. First-quarter profits are projected to drop…