Shares of Apple dropped 3.37% to $126.60 at 16:36 EST on Wednesday, following last session’s upward trend. NASDAQ Composite is sliding 0.61% to $12,740.79, following last session’s upward trend, This seems, at the moment, a somewhat negative trend exchanging session today.
Apple’s last close was $131.01, 9.63% under its 52-week high of $138.79.
News about Apple today
Apple CEO Tim Cook’s 2020 total compensation up 28% to $14.77 mln. According to today’s article on Business Insider, “The financial performance measures and the threshold, target, and maximum payout opportunities under annual cash incentive program for named executive officers will not change, Apple said.”, “Those regularly reports cover the alignment of the program with the company’s potential antitrust risks, and the effectiveness of the program’s design in detecting and preventing antitrust issues and promoting compliance with laws and Apple policies.”
Apple CEO Tim Cook’s pay jumped in 2020 as remote work lifted profit. According to today’s article on The Wall Street Journal, “For Chief Executive Tim Cook, that meant his cash bonus rose 40% last year to $10.7 million, Apple said Tuesday in its annual proxy filing with the Securities and Exchange Commission. “
Green dot, fintech partner to Apple and Amazon, is still undervalued after stock doubled, CEO says. According to today’s article on CNBC, “After acquiring a small FDIC-backed bank, Green Dot became the de facto partner for tech giants including Apple, Uber and Amazon, providing the regulated banking rails and deposit accounts for products including Apple Cash.”
Apple users spent $1.8 billion on apps in last week of 2020. According to today’s article on Bloomberg Quint, “In a statement Wednesday, the iPhone maker also highlighted the performance of a few of its other services, but didn’t share subscriber numbers for some of the most important offerings, including Apple Music and Apple TV+. “, “The company said that its Apple Pay mobile payments offering is now accepted at 90% of U.S. retailers and that Apple Books now has 90 million monthly active users.”
Apple fitness+ vs. Peloton: how do they stack up?. According to today’s article on Business Insider, “Peloton’s moat is its content, with the company releasing 130 workouts over the last week relative to 24 by Apple Fitness+, adding to its considerable library lead, the analyst said.”, “Despite Apple Fitness+ being offered as a free service to Apple Watch owners for a month and for new Apple Watch buyers for three months, only less than one-quarter of those with anApple Watch are tryingApple Fitness, he said.”
Apple’s sales growth is 15.5% for the present quarter and 25.4% for the next. The company’s growth estimates for the ongoing quarter and the next is 11.2% and 37.5%, respectively.
Year-on-year quarterly revenue growth grew by 1%, now sitting on 274.52B for the twelve trailing months.
Apple’s last day, last week, and last month’s average volatility was a positive 1.24%, a negative 0.86%, and a positive 0.31%, respectively.
Apple’s last day, last week, and last month’s high and low average amplitude percentage was 2.58%, 3.10%, and 2.48%, respectively.
Apple’s Stock Yearly Top and Bottom Value
Apple’s stock is valued at $126.60 at 16:36 EST, under its 52-week high of $138.79 and way above its 52-week low of $53.15.
Apple’s Moving Average
Apple’s worth is higher than its 50-day moving average of $124.69 and way above its 200-day moving average of $113.68.
Previous days news about Apple
Apple will keep the amphetamine app in its store after dispute with developer over whether it promoted drug use. According to Business Insider on Sunday, 3 January, “The back-and-forth began on December 29, when Gustafson said he was notified that his his free app had violated Apple policy. “, “Gustafson quoted Apple as saying Amphetamine “appears to promote inappropriate use of controlled substances. “
Will Tesla, Apple and Amazon help the QQQ ETF reach $400 by 2022?. According to Business Insider on Sunday, 3 January, “As of publishing, QQQ’s five largest holdings are Apple Inc (NASDAQ:AAPL) (13.39% of allocation), Microsoft Corporation (NASDAQ:MSFT) (10.76%), Amazon.com, Inc. (NASDAQ:AMZN) (10.66%), Facebook, Inc. Common Stock (NASDAQ:FB) (4.26%) and Tesla Inc (NASDAQ:TSLA) (3.45%).”, “Being that QQQ representation is heavily dependent on and allocated towards tech, healthcare and consumer services, investors told us they believe the ETF will grow alongside an improving US economy in 2021, as well as a continued surge in demand and interest for the ETF’s most popular stocks – Tesla, Apple and Amazon.”
Apple veterans’ lidar startup adds $200 million to SPAC deal. According to Bloomberg Quint on Monday, 4 January, “Salehian, who helped develop the Apple Watch during his almost five years as a product manager at the tech giant, says Aeva has an edge in consumer devices because its tech can be fit onto a chip small enough for tablets and smartphones, as well as the bulkier boxes used for automotive lidar.”
Apple leads big-tech slump with worst drop since October. According to Bloomberg Quint on Monday, 4 January, “Technology megacaps including Apple and Amazon, which were among the top performers last year, were particularly hard hit in the sell-off, which was driven by concern that a surge in coronavirus cases could crimp the nascent economic recovery.”
A $21 billion wager on who’ll build the Apple car. According to Bloomberg Quint on Tuesday, 5 January, “For a great primer on Magna and its earliercar development work with Apple (those discussions didn’t ultimately go anywhere) do read this piecefrom 2016 by my Bloomberg Opinion colleague Alex Webb and Bloomberg News writers.”, “If Apple Inc. is indeed seriously considering launching its own vehicle, as press reports suggest, then it will almost certainly decide to outsource, as it does with the iPhone. “
Apple supplier murata expects half billion 5g phones in new year. According to Bloomberg Quint on Tuesday, 5 January, “Murata Manufacturing Co., the world’s biggest maker of ceramic capacitors for Apple Inc. and other smartphone brands, expects demand for fifth-generation wireless devices to surpass 500 million handsets in the coming fiscal year, building on a rush to replace Huawei Technologies Co. in the global consumer arena.”, “Ace Research Institute’s Hideki Yasuda doesn’t expect demand from Apple and its ilk to drop at any point in this calendar year, fueled by stronger-than-anticipated consumer appetite for 5G phones. “