Apple unveiled its first foldable iPhone, the Duo, priced at a record high, causing Apple shares to rise 3%. The launch shifts focus to average selling price growth rather than unit sales, with the Duo's unique hinge as a key feature. Skyworks Solutions, a major Apple supplier, rallied 9% due to expected higher content per device and merger news with Qorvo. Alphabet also saw a modest 2% gain amid broad tech sector strength. Investors will watch UK pre-orders in October to gauge demand and supplier impact.
Apple is collaborating with LG to introduce a new line of smart home devices including a smart lock, thermostat, doorbell, and various security cameras. These devices will integrate with Apple's upcoming smart home hub, featuring a 6-inch display, se...
The State Street Technology Select Sector SPDR ETF (XLK) does not hold shares in major tech companies like Alphabet, Amazon, Meta, Netflix, or Tesla due to its focus on the Information Technology sector under GICS classification. Instead, XLK is heav...
Apple's stock surged nearly 1200% over the last decade, turning $10,000 into about $129,600. However, with its market cap near $5 trillion, future growth is expected to slow. Models project a $10,000 investment today could grow to around $16,494 by 2...
Apple's stock price has surpassed average analyst targets, reflecting strong market confidence despite margin pressures from rising memory chip costs. The company faces a mixed analyst outlook, with targets ranging widely due to differing views on Ap...
On October 2, top Apple insiders, including former CEO Tim Cook and current CEO John Ternus, sold more than 250,000 shares worth over $87 million. This large insider selling represents nearly 43% of the total insider sales for 2026 so far, which amou...
