Wall Street analysts Steven Milunovich and Benjamin Wilson are pouring cold water on speculation that Apple could use its cash hoard to acquire Netflix, Disney or Tesla, arguing in a research report that Apple won’t buy a company that doesn’t bring something unique to it....
Wall Street likes round numbers — and the fact that Apple, the tech juggernaut, touched an $800 billion market capitalization. This was a first for a company in the United States, several news outlets, including CNBC, reported. That came as the stock touched $153.70 a share,...
“Well, I won’t talk to either one specifically, [I] don’t want to. My mother used to have a saying that if you don’t have something nice to say, say nothing at all,” said Apple’s SVP of worldwide marketing Phil Schiller when asked about his thoughts on...
This week, Delivery.com removed Apple Pay as a payment option for laundry orders on its iOS app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
With more than $250 billion in cash, Wall Street has been speculating what Apple will do with its war chest, with Citigroup the latest to weigh in last week with potential takeover targets for the electronics and entertainment company. Get the Full Story Complete the form...
Apple is gearing up to create a $1 billion investment focused on U.S. companies in the advanced manufacturing space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Apple stopped paying hefty licensing fees to Qualcomm for its smartphone intellectual property, and so the chipmaker is asking the U.S. government to ban iPhones from being imported here, Bloomberg News said Wednesday. Get the Full Story Complete the form to unlock this article and enjoy...
With another quarter of results in, Tim Cook is very pleased with everything that’s going on at Apple. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Apple and its Apple Watch may have a problem on its hands as companies that made apps dedicated exclusively for the Apple Watch are giving up on the platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...