Welcome to our dedicated page for Apple news (Ticker: AAPL), a resource for investors and traders seeking the latest updates and insights on Apple stock.
Apple Inc. reports news around its consumer technology ecosystem, including iPhone, Mac, iPad, Apple Watch, AirPods, Apple Vision Pro, Apple silicon, software platforms and Services. Recurring updates cover quarterly results, product introductions, developer events such as WWDC, and expansion of hardware features, displays, wireless chips and on-device AI capabilities across Apple’s product lines.
Apple news also includes governance and leadership developments, retail and geographic activity, and service categories such as the App Store, Apple Music, Apple Pay, iCloud and Apple TV. The company’s operating model combines internally designed hardware, software and semiconductors with a global manufacturing and distribution network.
Apple has announced the redesigned 11-inch and all-new 13-inch iPad Air, powered by the M2 chip. With enhanced performance, AI capabilities, a new front camera, and faster Wi-Fi, the new iPad Air is available in two sizes for the first time, catering to a wide range of users. Featuring a faster CPU, GPU, and Neural Engine, the M2 chip ensures a more powerful and versatile device. The iPad Air comes in new blue and purple finishes, along with starlight and space gray, starting at $599 for the 11-inch model and $799 for the 13-inch model. With support for Apple Pencil Pro, Magic Keyboard, and all-day battery life, the new iPad Air empowers users to be more productive and creative.
Apple reported financial results for its fiscal 2024 second quarter, with revenue of $90.8 billion, down 4% year over year, and earnings per diluted share of $1.53. The company achieved a new all-time record in Services revenue and set a March quarter record in EPS. Apple's CEO, Tim Cook, highlighted the launch of Apple Vision Pro and upcoming product announcements. The CFO, Luca Maestri, emphasized the active installed base of devices reaching an all-time high, driving a new EPS record. The board authorized an additional $110 billion for share repurchases and raised the quarterly dividend by 4%.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.