|Bid||166.41 x 400|
|Ask||166.50 x 900|
|Day's range||165.81 - 168.43|
|52-week range||144.34 - 195.32|
|PE ratio (TTM)||30.85|
|Earnings date||25 Apr 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||217.85|
Apple became the largest public company in the world the old-fashioned way: charging lots of consumers lots of money. In recent weeks, that tension has grown, as Cook and Apple (AAPL) sought to distance themselves from Facebook (FB) and the uproar over user data. In a television interview, Cook, hardly a rabble-rouser, accused Facebook of building a business based on an “invasion of privacy.” “The truth is, we could make a ton of money if we monetized our customer—if our customer was our product,” Cook told MSNBC.
For some years now, there has been a tension between the world’s largest tech companies—Alphabet, Amazon.com, Facebook, Apple, Microsoft, Baidu, and Alibaba Group Holding—and the chip companies they rely on, especially Intel and Nvidia. While the giants buy massive quantities of Intel’s (INTC) microprocessors, and Nvidia’s (NVDA) graphics chips, or GPUs, to power their data centers, they are also in an arms race to have the best artificial-intelligence-based machine-learning functions. Because of this, there was always the possibility the giants might decide to buy fewer off-the-shelf parts and make their own custom chips to get an edge on one another.
Congress has stepped up talk of new privacy regulations in the wake of the scandal involving Cambridge Analytica, which improperly gained access to the data of as many as 87 million Facebook users. When we post and label photos on Facebook or Instagram, use Google maps while driving, chat in multiple languages on Skype or upload videos to YouTube, we are generating data about human behavior that the companies then feed into machine-learning programs.
NEW ORLEANS, April 20, 2018 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until May 21, 2018 to file lead plaintiff applications in a securities class action lawsuit against Facebook, Inc. (FB), if they purchased the Company's shares between February 3, 2017 and March 23, 2018, inclusive (the "Class Period"). This action is pending in the United States District Court for the Northern District of California.
Bloomberg has reported that Facebook (FB) is planning to design chips to power its servers, AI (artificial intelligence) software, and smart speakers, according to a recent job filing. The report pointed out that the tech giant has reduced its dependence on chipmakers in recent years, much like Apple and Alphabet’s Google. Apple could soon start using its chips in Mac computers, and has used its own chips in some iPhones in the past.
Leading tech companies Facebook, Amazon, Alphabet and Microsoft will report earnings, along with aerospace and defense giants like Boeing and oil majors like Exxon Mobil.