NASDAQ Composite ended the session with Apple jumping 1.58% to $130.84 on Wednesday while nASDAQ Composite jumped 0.47% to $13,133.92.
Apple today’s close was $130.84, 6.08% below its 52-week high of $138.79.
News about Apple today
According to today’s article on Business Insider, “The ComfoBuds and ComfoBuds Pro are 1MORE’s answer to the Apple AirPods and are positioned to be “Airpod Killers,” defeating the Airpods series on multiple factors, including, price, sound quality, comfort, a low-latency media mode, and 1MORE QuietMax ANC technology.”
Apple is launching a US app developer academy and a hub for HBCU students as part of its $100 million pledge to fight for racial equality. According to today’s article on Business Insider, “There will be an application process for developers who want to attend the academy, and Cook told “CBS This Morning” that Apple is looking for desire, creativity, and a level of interest among applicants.”, “Beyond its education and career development initiatives, Apple is also investing in firms funding minority entrepreneurs. “
According to today’s article on The Wall Street Journal, “Meanwhile, WhatsApp and Apple Inc.’s iMessage also offer end-to-end encryption, but within their respective ecosystems.”
Parler – a social media app that was used to organize the attack on the US capitol – needs to step up moderation to get back on the iPhone, Apple CEO Tim Cook says. According to today’s article on Business Insider, “Displaying the horrible double standard Apple and their big tech pack apply to the community.”, “In addition to the Apple App Store and Google Play Store, Parler was also banned by Amazon from using its web hosting services. “
Apple’s Sales
Apple’s sales growth is 15.7% for the present quarter and 25.9% for the next. The company’s growth estimates for the ongoing quarter and the next is 12% and 39.1%, respectively.
Apple’s Revenue
Year-on-year quarterly revenue growth grew by 1%, now sitting on 274.52B for the twelve trailing months.
Volatility
Apple’s last day, last week, and last month’s average volatility was a negative 0.14%, a negative 0.35%, and a positive 0.22%, respectively.
Apple’s last day, last week, and last month’s high and low average amplitude percentage was 2.23%, 2.40%, and 2.49%, respectively.
Apple’s Stock Yearly Top and Bottom Value
Apple’s stock is valued at $130.84 at 16:06 EST, below its 52-week high of $138.79 and way above its 52-week low of $53.15.
Apple’s Moving Average
Apple’s value is above its 50-day moving average of $126.52 and way above its 200-day moving average of $115.12.
Previous days news about Apple
Apple and hyundai are reportedly planning to team up and build a ‘beta’ car by 2022. According to Business Insider on Sunday, 10 January, “On Friday, Hyundai reportedly acknowledged it was talking to Apple about the self-driving project.”, “But Hyundai and Apple may instead build a factory that would eventually allow the companies to make about 400,000 vehicles each year.”
According to Business Insider on Sunday, 10 January, “Matze on Saturday accused Apple and Google of bias against his network, because similar anti-Pence posts had been trending on Twitter.”, “Both Apple and Google had asked Parler to take steps toward moderating speech on its network. “
Making an Apple EV is a poisoned chalice for car companies. According to The Wall Street Journal on Monday, 11 January, “Hyundai shares rose 9% Monday after a Korean newspaper reported that the car maker plans to sign an agreement with Apple for an autonomous electric vehicle. “
According to Business Insider on Monday, 11 January, “The social media app – which boasted lax content moderation policies and courted far-right figures banned from Twitter and Facebook – was suspended from Apple and Google’s app stores over the weekend amid reports that it was used to organize the siege of the US Capitol last week that left five people dead.”
According to Bloomberg Quint on Tuesday, 12 January, “Although the vast majority of them used the iPhone’s podcast app, Apple Inc. had never converted it into a revenue stream: Podcasts get money from ads, which Apple doesn’t sell. “, “Apple, which has the second-most-popular streaming service with Apple Music, is funding original series and plans a larger overhaul of its podcasting business. “
According to Business Insider on Tuesday, 12 January, “Similarly, the region headquarters number of major market players such as Apple Inc., Acoustica, Inc., Adobe Inc., MOTU, Inc., Avid Technology, Cakewalk, Inc., and PreSonus Audio Electronics, Inc. among others. “, “Key players in the digital audio workstation market include Apple Inc., Acoustica, Inc., Adobe Inc., MOTU, Inc., Avid Technology, Cakewalk, Inc., PreSonus Audio Electronics, Inc., Ableton Live, Native Instruments GmbH, Steinberg Media Technologies GmbH, and MAGIX among others.”
