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Apple Inc is expected to unveil a mixed-reality headset at its annual software developer conference on Monday, its first big move into a new product category since the introduction of the Apple Watch nine years ago. The launch will see Apple test a market crowded with devices that have yet to gain traction with consumers and put it in direct competition with Facebook-owner Meta Platforms. Like Meta's Quest Pro from last year and Quest 3 announced last week, Apple's device is likely to blend a video feed from the outside world with a virtual world displayed on screens inside the headset.
Broadcom's (NASDAQ: AVGO) stock has surged 45% since the beginning of the year. The diversified chip and infrastructure software company impressed the market with its stable growth, a new multiyear deal with Apple (NASDAQ: AAPL), and the potential benefits from its planned takeover of cloud software giant VMware (NYSE: VMW). Let's review Broadcom's business model, growth rates, and valuations to decide.
Taiwan's Foxconn, the world's largest contract electronics maker and major iPhone assembler for Apple Inc, said on Monday that revenue in May fell 9.5% year-on-year due to weakness in smart consumer electronics during the traditional low season. Foxconn, formally called Hon Hai Precision Industry Co Ltd, said revenue last month reached T$450.7 billion ($14.7 billion), in line with its expectations, though it was up 5% compared with April. For smart consumer electronics products, which include smartphones and are the company's main business driver, revenue in May dropped as it entered the "traditional slow season" and coming off a high base, the company said in a statement, without elaborating.
Tech giant expected to unveil an expensive headset in most significant product launch in more than a decade
In his 12 years in charge of Apple, Tim Cook has turned the Silicon Valley giant into the world’s biggest company, multiplied revenues, and sold billions of iPhones.
With a value of $165 billion and a portfolio allocation of 48% (as of March 31), Apple (NASDAQ: AAPL) is Berkshire Hathaway's largest equity holding by far. The Oracle of Omaha has said that Apple is "different than the other businesses we own." Here are three reasons why investors should seriously consider buying Apple stock today, even with shares up 39% this year.
Buffett famously said he didn't understand technology, but he has amassed a fortune in AI stocks.
Berkshire Hathaway's largest holding has plenty of potential to increase its dividend, and its holding with the highest dividend yield also looks like it has a sustainable payout.
Virtual reality start-ups have pinned their hopes on Apple’s longed-for release of a mixed reality headset becoming a catalyst for a rebound in industry funding. The headset, with a likely price tag of about $3,000, is expected to combine augmented reality, which conjures up digital images into the real world, and virtual reality, which immerses users into a game-like realm. “Code new worlds,” reads Apple’s website for Monday’s event, which many interpret as a reference to a new computing platform.
Who has the upper hand when Apple's CEO walks into a room with the president of the People's Republic of China?
These two stocks look like the best options among the Dow Jones Industrial Average's 30 components right now.
Apple (AAPL) closed at $180.95 in the latest trading session, marking a +0.48% move from the prior day.
Apple's WWDC 2023 is set to take place Monday, June 5th. Many are expecting the tech giant to unveil a new mixed reality headset. Meanwhile earnings season continues with GameStop, Cracker Barrel, and Rent the Runway among the companies set to report. Finally, the economic calendar is light, with ISM services data, factory orders, and weekly jobless claims on tap.
The VR market is accordingly getting more attention than it has in a while, but the question still lingers: What actually are we supposed to do with these headsets? Gaming, sure, but it's seemed to me that there isn't a must-have "hero" app for VR yet.
Apple is reportedly set to reveal its mixed reality headset at its annual WWDC. But Meta is already gearing up for battle, announcing its new Quest 3 VR headset this week. But the question remains: What are consumers supposed to do with these headsets? Yahoo Finance’s Allie Garfinkle tackles the virtual reality craze and the possible need for a “hero” app.
Just a handful of tech stocks, including Apple, Microsoft, Nvidia, Tesla, and Amazon are responsible for the most of the big gains we have seen in the Nasdaq. Michele Schneider, Chief Strategist at Marketgauge.com tells Yahoo Finance Live why she thinks it would be "healthy" to see some of these stocks pull back.
Apple's Worldwide Developers Conference (WWDC) kicks off on Monday, June 5. Many are expecting the consumer tech giant to release a mixed reality headset that could compete against Meta's Quest VR devices. Yahoo Finance Tech Editor Dan Howley previews the big event.
Apple will host its WWDC event on June 5, and we're expecting a slew of announcements including its AR/VR headset.
The market is telling us to expect the unexpected.
Apple (AAPL) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Shares of Apple (NASDAQ: AAPL) have produced a remarkable return of 282% over the past five years, easily crushing the S&P 500 by a wide margin. Let's look at three reasons you might want to buy Apple stock, and one reason to sell. A beneficial course of action for retail investors is to look at what some of the top investors own.
Warren Buffett is well-known for his investing success and timeless wisdom. Buffett's company, Berkshire Hathaway (NYSE: BRK.A), a holding company of many companies, has also experienced much success in the stock market. When Berkshire released its holdings as of the end of the first quarter of 2023, one thing that stuck out to me was just how concentrated its portfolio was.
While this leading smartphone provider may face challenges in the latter half of 2023, its long-term revenue and profit growth potential remain strong.
Among Meta Platforms (formerly Facebook), Apple, Amazon, Netflix, and Alphabet (formerly Google), there are two outperformers billionaire investors are piling into and one industry leader they're selling.
Tesla, Apple, General Motors, Honda Motor and Ford have been highlighted in this Investment Ideas article.