Apple Inc. gave a reassuring revenue forecast for the current quarter, helping boost shares of the world’s most valuable company after its holiday results showed jarring declines for China and the iPhone.
In a rare move, analysts at Jefferies downgraded one of the largest companies in the world, Apple ( AAPL -0.39%), to underperform. Wall Street analysts are known for being bullish, so underperform and sell ratings tend to make up only a small percentage of overall analyst ratings.
Apple (AAPL – Research Report), the Technology sector company, was revisited by a Wall Street analyst today. Analyst Erik Woodring from Morgan
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.
A tech sell-off on Monday saw more than $1 trillion in value erased over concerns over China's DeepSeek AI app.
Wall Street analysts are known for being ... This includes revenue from its App Store, search-sharing revenue, Apple TV, Apple Pay, and other subscriptions and services. Last fiscal year, its ...
The company’s stock is getting a boost from the DeepSeek news, but AI isn’t driving a rush to upgrade iPhones yet.
Investing.com - Apple reported first-quarter results Thursday that topped Wall Street analysts as stronger services revenue offset weaker iPhone sales at a time when competition from smartphone rivals in China persists.
As services become a bigger part of Apple’s business, the company continues to deliver higher profit margins for investors.
Apple reports December-quarter earnings Thursday after the bell. The December quarter is Apple's largest of the year, partially due to the holiday shopping season and also because it is the first full quarter of new iPhone sales.
China just threw a curveball into the tough Artificial Intelligence (AI) race as DeepSeek’s chatbot app just skyrocketed to the number 1 spot on both the