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AAPL Jun 2024 290.000 call
| Previous close | 0.0300 |
| Open | 0.0300 |
| Bid | 0.0100 |
| Ask | 0.0300 |
| Strike | 290.00 |
| Expiry date | 2024-06-21 |
| Day's range | 0.0300 - 0.0300 |
| Contract range | N/A |
| Volume | |
| Open interest | 4.75k |
- Yahoo Finance Video
Apple stock down as Needham cuts estimates on lower iPhone sales
Shares of Apple (AAPL) are trading lower after Needham's Laura Martin lowered estimates for the tech giant to reflect iPhone sales concerns and weakness in China. The estimates are offset by slightly higher revenue for iPads and Macs, with the Needham analyst remaining bullish. Julie Hyman and Josh Lipton break down Apple's sales estimates. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This article was written by Gabriel Roy.
Barrons.comApple Faces $8 Billion in Profit Risk, Analyst Says. That’s Not the Stock’s Only Problem.
Apple stock has been under pressure lately, and investors might want to take note of other potential challenges ahead. Shares are down 12% this year compared with a 6% gain for the There’s a fear that Apple can’t maintain its strong pace of growth as analysts predict March quarter sales will fall 4.3% from the year earlier. Apple has abandoned its decade-long effort to produce cars and the latest data showed iPhone shipments dropped almost 10% in the first quarter.
Associated Press FinanceApple CEO says that he wants to increase investments in Vietnam
Apple CEO Tim Cook said Tuesday that he wants to further increase investment in Vietnam a day after the company announced it would spending on suppliers in the Southeast Asian manufacturing hub. Vietnam has become more important to Apple as the company seeks to diversify its supply chains away from China, where most of its smartphones and tablets are assembled. The company began looking at moving its production to countries like Vietnam, and more recently India, after shutdowns to fight COVID-19 in China repeatedly disrupted the company's shipments.
