Apple Inc Stock Price, News & Analysis

Apple has launched the new iPad Air featuring the M1 chip, which significantly enhances performance. This device includes a new 12MP Ultra Wide front camera with Center Stage, and offers 5G connectivity. The iPad Air has a 10.9-inch Liquid Retina display and USB-C port for faster data transfer. Starting at $599 for Wi-Fi models, it will be available for order on March 11 and in stores on March 18. The new iPad Air emphasizes creativity, productivity, and versatility for users such as students and content creators.

Apple announced the new iPhone SE, featuring the powerful A15 Bionic chip, improved battery life, and advanced camera capabilities. This affordable model supports 5G and is built with durable materials, making it an appealing choice for users. iPhone SE offers a compact design with a 4.7-inch display and is available in three colors. Pre-orders begin on March 11, with availability starting March 18, starting at $429. The iPhone SE aims to deliver high performance and technology at a competitive price point.

Apple has introduced two new colors, alpine green and green, for the iPhone 13 Pro and iPhone 13 models. These updates feature the advanced A15 Bionic chip, superior camera systems, impressive battery life, and enhanced durability. The pre-order begins on March 11, with product availability starting on March 18. The devices will be available in various storage options, with iPhone 13 Pro starting at $999 and iPhone 13 at $799. These enhancements solidify Apple's leading position in smartphone innovation.

Apple and Major League Baseball (MLB) have teamed up to launch “Friday Night Baseball,” a weekly doubleheader exclusive to Apple TV+ starting from the regular season. Fans in eight countries, including the US and Canada, can enjoy games without local broadcast restrictions. Additional offerings include “MLB Big Inning,” a nightly highlights show, and a 24/7 livestream with game replays and analysis. The collaboration aims to enhance MLB's reach and provide Apple customers with premium content. Fans will also find enhanced coverage within Apple News.

Apple has announced the launch of Tap to Pay on iPhone, allowing US merchants to accept Apple Pay and other contactless payments using just their iPhone and compatible iOS apps. This feature will enable millions of businesses, from small retailers to large companies, to conduct transactions without needing additional hardware. Stripe will be the first payment platform to support this capability, integrating it into the Shopify Point of Sale app. Tap to Pay on iPhone will roll out later this year, enhancing transaction security with encrypted payment data.

Apple announced fiscal Q1 2022 results, achieving an all-time record revenue of $123.9 billion, marking an 11% year-on-year growth. The quarterly earnings per diluted share were $2.10, driven by strong customer response to new products. Apple returned nearly $27 billion to shareholders and declared a cash dividend of $0.22 per share, payable on February 10, 2022. The company is also on track to achieve carbon neutrality across its supply chain and products by 2030, emphasizing its commitment to innovation and social responsibility.

Apple has filed a lawsuit against NSO Group to hold it accountable for surveillance targeting Apple users. The suit reveals how NSO's Pegasus spyware can infect devices, and seeks a permanent injunction to prevent NSO from using any Apple products. Additionally, Apple is contributing $10 million to support cybersurveillance research. The lawsuit aims to protect users and uphold Apple's commitment to privacy and security, highlighting the company's ongoing efforts to enhance security measures against sophisticated cyberattacks.