AAPL Company Overview Updated August 24, 2017

AAPL Company

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March 2007 - August 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 August 24

AAPL: 159.27

-0.71

Apple thus far has released two original content shows: the Shark Tank-style Planet of the Apps and Carpool Karaoke, a spin-off of the popular segment from James Corden’s “The Late Late Show” on CBS.

Both of these efforts have been met with mixed to negative reviews. Planet of the Apps was criticized for its non-tech savvy panel despite its focus on technology, while Carpool Karaoke was slammed for being another reality series reliant on famous people.

While I share some of the same thoughts as those who criticized both series, I don’t think Apple should be written off entirely in the content industry just yet…

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[Update: Cook traveled to Iowa and met with Governor Reynolds. Apple has shared an official press release on the new data center, which will be 400,000 square feet and run on 100% sustainable energy.]

Tim Cook visited one of Apple’s third-party partners in Cincinnati this morning and is reported to be arriving next in Des Moines, Iowa as a press conference will share more about the company’s plans for its latest data center.

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A suggestion by Barclays that ‘only’ one in five iPhone owners will be willing to pay the rumored $1000+ price of the iPhone 8 has been countered by survey results showing the loyalty people feel to the Apple brand and ecosystem.

While Barclays feared iPhone owners might defect to Samsung, the survey by Fluent indicates that this isn’t at all likely …

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AAPL Company Stories August 23

AAPL: 159.98

0.20

An analyst note today from Barclays’ Mark Moskowitz and company predicts that Samsung is in position to take more of the premium smartphone market share with the launch of its Galaxy Note 8. They are also concerned that less than 1 in 5 potential iPhone buyers will spend $1,000 or more on a new iPhone.

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AAPL Company Stories August 20

AAPL: 157.50

-0.36
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