|Day's range||46.45 - 47.49|
Investors who stuck with growth names during last year's sell-off have been rewarded during 2023's rally.
Apple unveiled its new Vision Pro mixed reality headset at the company's WWDC event. It's $3,499 price tag however may turn off a lot of buyers. Laura Martin, Senior Media and Internet Analyst at Needham & Co., however, has an idea. Martin suggests that Apple (AAPL) should buy Disney (DIS) to help build adoption of the new headset. Martin argues that Apple needs "a compelling content storytelling use case" for the Vision Pro to gain traction. She believes that with Disney's content, more people may be willing to purchase the headset. But what about the Disney parks? Martin says Apple likely won't want the parks, but that those could be spun off or sold, given they are "really a good business, standalone." Martin also covers Warner Bros Discovery (WBD). When asked about the ousting of CNN CEO Chris Licht, Martin says investors are betting more on WBD leadership than who is leading CNN. She also makes the case for WBD keeping CNN in its portfolio. "The only way to win the streaming wars is you must have entertainment content, and you must have news, and you must have live sports," Martin says, because when news breaks, it drives viewers to your app. When it comes to the ongoing writers strike and a potential strike from SAG-AFTRA, Martin tells Yahoo Finance Live's Diane King Hall and Alexandra Canal that Wall Street investors will ultimately be the winners because "all of these companies are not going to be able to spend money on content and that won't be a competitive disadvantage." Key video moments 00:00:21 Why Apple should buy Disney 00:01:19 What to do with Disney Parks 00:02:45 Reaction to CNN CEO stepping down 00:04:42 Who will win from the writers strike
Shares of Apple (NASDAQ: AAPL) approached an all-time high when the Vision Pro headset was announced. With a $3,500 price tag, this ultrapremium product is a hard sell for most people, but it could be sneakily important to Apple's future.
From Google Glass to Magic Leap to Meta's Oculus division, tens of billions of dollars have gone into building computing goggles, with minimal returns to show for it. After Facebook changed its name to Meta (NASDAQ: META) in 2021 and said it was investing at least $10 billion a year into building AR and VR products, industry hype went into overdrive and the term "metaverse" became a household name. Apple revealed its Vision Pro augmented reality device to the world this week, which looks like sleek skiing or snorkeling goggles.
Second, Apple (NASDAQ: AAPL) said it was working with Unity to develop mixed-reality apps for its new Vision Pro headset during its Worldwide Developers Conference on June 5. Is it the right time to buy Unity as a turnaround play, or is it too late to hop on the bandwagon? Its revenue rose 43% in 2020, climbed 44% in 2021, and management claimed the company could maintain an annual growth rate of 30% over the "long term."
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) owns shares of nearly 50 stocks, but Warren Buffett didn't personally pick all of them. A few positions were initiated by Berkshire's investment managers. Wall Street thinks this stock could make Buffett the most money over the next 12 months.
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There were audible groans and boos when Apple (NASDAQ: AAPL) revealed the price of its Vision Pro mixed-reality headset will be $3,499. Shares of Apple hit an all-time high price ahead of Apple's big announcement earlier this week at its World Wide Developers Conference (WWDC) in California. Is Apple getting too expensive for both investors and consumers?
Apple, XLK, VGT, FTEC and IYW are part of the Zacks Investment Ideas article.
These companies have a history of offering investors solid gains, with coming developments signaling countless growth opportunities.
Apple's (NASDAQ: AAPL) history is marked by exciting launches that have transformed the company -- and maybe your lifestyle too. The last one actually was the Apple Watch back in 2014. The company announced Vision Pro at its developers conference earlier this week.
No company on the planet commands a greater market cap than Apple (NASDAQ: AAPL) right now. At its current pace, Apple appears to be a lock to reach $5 trillion in market cap within the next few years. Nvidia flirted with the $1 trillion level, but there are currently only four stocks other than Apple with market caps above the $1 trillion.
Apple announced its new Vision Pro mixed reality headset. What does this headset mean for the metaverse? Jeremy Bailenson, Stanford University Professor of Communications, joins Yahoo Finance Live to discuss how people should be using VR.
Apple takes on Meta with its announcement of the new Vision Pro mixed reality headset. Yahoo Finance tech editor Dan Howley breaks down how Apple's Vision Pro compares to Meta's Quest headsets.
Apple’s Vision Pro headset combines virtual reality and augmented reality for $3,500. WSJ’s Joanna Stern shares her impressions after using the face computer to make 3-D FaceTime calls, watch videos and more. Photo Illustration: Jacob Alexander Nelson for The Wall Street Journal
This comes a day after Apple unveiled a costly augmented-reality headset called the Vision Pro, one of its riskiest bets since the introduction of the iPhone more than a decade ago, barging into a market dominated by Meta Platforms. Apple's headset will test a market crowded with devices that have yet to gain traction with consumers and put it in direct competition with Facebook-owner Meta after years of clashes between the companies over issues like user privacy and control of developer platforms. Mira's military contracts include a small agreement with the U.S, Air Force and a $702,351 agreement with the Navy, according to government records and press releases, the Verge report said.
Apple (AAPL) unveils Vision Pro, three Macs and new features to iOS 17, iPadOS 17, macOS Sonoma, watchOS 10, tvOS 17, and AirPods at its annual Worldwide Developer's Conference.
Investors continue to gauge the potential of Apple's new Vision Pro VR headset announced at its Worldwide Developers Conference. Wedbush Managing Director and Senior Equity Analyst Dan Ives sits down with Yahoo Finance Live to explain why this headset could be a good move for Apple, C3.ai's position in the artificial intelligence space, and Tesla's driverless technology.
When Apple boss Tim Cook took to the stage at the tech giant’s California headquarters on Monday night, he knew the significance of the moment.