AAPL Company Overview Updated May 25, 2017

AAPL Company

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13,874 AAPL Company stories

March 2007 - May 2017


Founded by Steve Jobs and Steve Wozniak in 1976, Apple kicked off the IPO of its stock in December of 1980 on the NASDAQ market, with the stock symbol “AAPL”. Here is a brief summary from NASDAQ:

Apple (ticker symbol: AAPL) is one of the world’s leading consumer electronics and personal computer companies. The Cupertino, California-based company was established in 1977 as Apple Computer Inc. It dropped the “Computer” from its name in early 2007.

Apple has remained focused on developing its own hardware, software, operating systems and services to provide its customers with the best user experience possible. A significant fraction of the company’s efforts also go toward marketing and advertising as it believes such efforts are essential to the development and sale of its products.

Despite Apple’s market-leading position, the company still faces a number of risk factors, which include changing global economic conditions, fluctuating consumer demand, worldwide-competition and potential supply chain disruptions.

Read more about Apple’s financial details and history on NASDAQ’s and CNN’s websites.

AAPL Company Stories May 25

AAPL: 153.87

0.53
Stock Chart

Apple’s chief design officer Jony Ive has been appointed chancellor of London’s famous Royal College of Art (RCA). The RCA has been ranked as the world’s best university for art and design for three years running.

Ive, who was awarded an honorary doctorate by the RCA back in 2009, says he is thrilled by the news …

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The legal battle between Qualcomm and Apple over patent royalties for wireless chips has been further escalated. Qualcomm has effectively accused Apple of blackmailing it by instructing its suppliers to withhold royalty payments.

Qualcomm makes the accusation in a court filing requesting an injunction against all four of Apple’s iPhone manufacturers …

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The best 4K & 5K displays for Mac

AAPL Company Stories May 24

AAPL: 153.34

-0.46
Stock Chart

Oppenheimer has written an investment note about Apple’s falling sales in China, entitled Fading ‘Reality Distortion Field.’ It coincides with a Bernstein estimate that iPhone sales in Apple’s second-largest market have dropped by a massive 20% …

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9to5toys 

AAPL Company Stories May 23

AAPL: 153.80

-0.19
Stock Chart

9to5Mac founder Seth Weintraub tweeted this morning a suggestion that Microsoft was hitting all the laptop checkboxes of late – and that Apple will not.

Others noted that Microsoft has held its third event this year, and second this month, while we still await the first Apple event of the year. Does this mean that Microsoft is leading the way in innovation at present, and Apple is being left behind – or is the Seattle-based company engaging in meaningless gimmickry … ?

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The latest Gartner data (below) shows that both Apple and Samsung lost market share in the first quarter of the year as Chinese brands continued to increase their sales.

iPhone sales actually grew very marginally year-on-year, but the market as a whole grew 9% in the same period, resulting in the decrease in market share. Apple saw its global share fall from 14.8% to 13.7%, but market leader Samsung was hit harder …

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