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Apple Inc (AAPL.O)

AAPL.O on Nasdaq

159.98USD
23 Aug 2017
Change (% chg)

$0.20 (+0.13%)
Prev Close
$159.78
Open
$159.07
Day's High
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$158.88
Volume
19,399,081
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$162.51
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Latest Key Developments (Source: Significant Developments)

Eros group in talks with apple to sell its content library of movies and music for around $1 bln - ET
Monday, 7 Aug 2017 

Aug 6 (Reuters) - :Eros group in talks with apple to sell its content library of movies and music for around $1 billion - ET, citing sources.  Full Article

Apple reports Q3 earnings per share of $1.67
Wednesday, 2 Aug 2017 

Aug 1 (Reuters) - Apple Inc ::Q3 earnings per share $1.67.Q3 revenue $45.41 billion versus $42.36 billion last year.Q3 earnings per share view $1.57, revenue view $44.89 billion -- Thomson Reuters I/B/E/S.International sales accounted for 61 percent of the quarter's revenue.Sees Q4 revenue between $49 billion and $52 billion.Q4 revenue view $49.21 billion -- Thomson Reuters I/B/E/S.Sees Q4 gross margin between 37.5 percent and 38 percent.Sees Q4 operating expenses between $6.7 billion and $6.8 billion.Says board of directors has declared a cash dividend of $0.63 per share of the company's common stock.Q3 iPhone sales 41 million units versus 40.4 million units last year.Q3 Greater China revenue $8 billion versus $8.85 billion last year.Q3 iPad sales 11.42 million units versus 9.95 million units last year.Q3 Mac sales 4.29 million units versus 4.25 million units last year.Q3 Mac revenue $5.59 billion versus $5.24 billion last year.Q3 services revenue $7.27 billion versus $5.98 billion last year.Q3 other products revenue $2.74 billion versus $2.22 billion last year.Apple CFO Luca Maestri says "we reported unit and revenue growth in all our product categories in the June quarter".  Full Article

Qualcomm reports quarterly GAAP EPS of $0.58
Thursday, 20 Jul 2017 

July 19 (Reuters) - Qualcomm Inc ::Quarterly GAAP EPS $0.58.Quarterly non-GAAP EPS $0.83‍​.Quarterly GAAP revenues $5.4 billion.Q3 earnings per share view $0.81, revenue view $5.26 billion -- Thomson Reuters I/B/E/S.Q3 non-GAAP revenues $5.3​ billion versus $6 billion.Sees Q4 earnings per share $0.55 - $0.65‍​.Sees Q4 adjusted earnings per share $0.75 - $0.85.Sees Q4 revenue‍​ $5.4 billion - $6.2 billion.Sees Q4 MSM chip shipments 205 million - 225 million‍​.Says financial guidance for Q4 excludes QTL revenues related to the sale of Apple products by Apple's contract manufacturers ‍​.Q3 2017 GAAP and non-GAAP results were negatively impacted as a result of actions taken by Apple's contract manufacturers.Says due to actions by Apple's contract manufacturers, do not believe reported device sales, estimated ranges of device shipment, meaningful in measuring QTL business‍​.Says Q3 GAAP results included reduction in operating cash flow due to $940 million payment to Blackberry.Says Q3 GAAP results included reduction in operating cash flow also due to $927 million payment related to Korea Free Trade Commission (KFTC) fine.Q4 earnings per share view $0.90, revenue view $5.48 billion -- Thomson Reuters I/B/E/S.  Full Article

Apple names Isabel Ge Mahe as managing director of Greater China
Wednesday, 19 Jul 2017 

July 18 (Reuters) - Apple Inc ::Isabel Ge Mahe named Apple's managing director of Greater China.Apple Inc - Isabel Ge Mahe has been named vice president and managing director of Greater China, reporting to CEO Tim Cook and COO Jeff Williams.  Full Article

Parkervision says German court decision in Parkervision V. Apple infringement case awaits validity ruling
Friday, 23 Jun 2017 

June 23 (Reuters) - Parkervision Inc ::Parkervision Inc - german court decision in parkervision v. Apple infringement case awaits validity ruling.Parkervision Inc - company believes that a preliminary nullity decision is expected before end of 2017.Parkervision Inc - company's final resolution in its German case against LG is also pending the same action.Parkervision Inc - Regional Court Of Munich has also streamlined schedule for co's second lawsuit against Apple in Germany.Parkervision Inc ‍court holding decision in Parkervision V. Apple case until after German Federal patent court rules on related pending nullity (validity) action​.Says ‍company's final resolution in its German case against LG is also pending the same action​.Parkervision Inc - court determined it will first review briefs written by parties, hold single hearing for both infringement, validity on Nov 16, 2017​.  Full Article

Apple plans micro-LED displays for wearables - Nikkei, citing sources
Wednesday, 7 Jun 2017 

June 7 (Reuters) - Nikkei ::Apple plans micro-LED displays for wearables - Nikkei, citing sources.  Full Article

Apple Inc reports Q2 earnings of $2.10 per share
Wednesday, 3 May 2017 

May 2 (Reuters) - Apple Inc ::Q2 earnings per share $2.10.Q2 net sales $52.90 billion versus $50.56 billion last year.Says international sales accounted for 65 percent of the quarter's revenue.Q2 earnings per share view $2.02, revenue view $53.02 billion -- Thomson Reuters I/B/E/S.Says board authorized increase of $50 billion to program to return capital to shareholders, extending program timeframe by 4 quarters.Says under expanded capital return program, plans to spend cumulative total of $300 billion by the end of march 2019.Says board approved 10.5 percent increase to quarterly dividend, and declared dividend of $0.63 per share of common stock.Sees Q3 revenue between $43.5 billion and $45.5 billion .Sees Q3 gross margin between 37.5 percent and 38.5 percent.Sees Q3 operating expenses between $6.6 billion and $6.7 billion.Q3 revenue view $45.60 billion -- Thomson Reuters I/B/E/S.Says board increased share repurchase authorization to $210 billion from the $175 billion level announced a year ago.Says also expects to continue to net-share-settle vesting restricted stock units.Q2 iPhone sales 50.8 million units versus 51.2 million units last year.Q2 greater china revenue $10.73 billion versus $12.49 billion last year.Q2 iPad sales 8.9 million units versus 10.3 million units last year.Q2 Mac sales 4.2 million units versus 4 million units last year.Q2 Mac revenue $5.84 billion versus $5.11 billion last year.Q2 services revenue $7.04 billion versus $5.99 billion last year.  Full Article

Bankhaus Lampe says Apple may develop own PMIC to replace Dialog Semiconductor's
Tuesday, 11 Apr 2017 

Dialog Semiconductor Plc: Bankhaus Lampe says "there is strong evidence that Apple is developing its own PMIC and intends to replace chip made by Dialog at least in part" . Bankhaus Lampe says "believe that Apple is setting up power management design centres in Munich and California" . Bankhaus Lampe says hearing about 80 engineers at apple already working on PMIC with plans to employ it in iPhone by as early as 2019 . Bankhaus Lampe says "in the long term, we believe that Dialog’s business model, its analogue chip designers continue to be highly valuable" . Bankhaus Lampe says Dialog is facing significant uncertainty and apple developing its own PMIC could impact co's numbers from 2019 onwards Further company coverage: [AAPL.O] [DLGS.DE] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Tiger Global Management dissolves in Apple, takes in Symantec
Wednesday, 15 Feb 2017 

Tiger Global Management : Tiger Global Management dissolves share stake in Apple - sec filing . Tiger Global Management takes 2.6 million share stake in Symantec Corp -sec filing . Tiger Global Management takes share stake of 2.1 million in Microsoft . Tiger Global Management takes share stake of 186,100 class A shares in Alphabet Inc . Tiger Global Management ups share stake in Visa Inc to 1.1 million class A shares . Tiger Global Management cuts share stake in Alphabet Inc by 32.9 percent to 190,500 shares of class C stock .Tiger Global Management - change in holdings are as of Dec 31, 2016 and compared with the previous quarter ended as of Sept 30, 2016.  Full Article

Vanguard Group hikes passive stake in Apple to 6.3 pct from 5.8 pct
Thursday, 9 Feb 2017 

Vanguard Group Inc:Raises passive stake in Apple to 6.33 percent as of 2016-end versus 5.79 percent stake as of 2015-end.  Full Article

BUZZ-India's HCL Infosystems surges on distribution agreement with Apple

** Shares of HCL Infosystems Ltd rise as much as 18.1 pct to their highest since July 27