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There's An App For That: Apple's App Store Celebrates 10th Anniversary
Tuesday, July 10, 2018 - 4:36pm | 556Read More...As a society that relies so heavily on technology, it's challenging to remember a time when going to Starbucks (NASDAQ: SBUX) solely meant a quick coffee trip, rather than a caramel macchiato photo shoot. Back when maps were tangible, physical objects that didn't feature a robot named...
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Maxim Group: Apple's Long-Term Services Business 'Not Attractive Enough' For Bullish Rating
Wednesday, May 30, 2018 - 10:22am | 390Read More...Apple Inc. (NASDAQ: AAPL)'s growth story in its Services business is well-known to the investment community, but isn't "attractive enough" to warrant a bullish stance on the stock, according to Maxim Group. The Analyst Analyst Nehal Chokshi downgraded Apple's stock...
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What's Driving The Ramp In Apple's Services Revenue?
Friday, May 11, 2018 - 3:05pm | 469Read More...Apple Inc. (NASDAQ: AAPL)'s growth in its Services business is a well-known story, but what's powering the growth is less known. A Morgan Stanley analyst said they have the answer. The Analyst Morgan Stanley's Katy Huberty maintains an Overweight rating on Apple's...
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Investors Cheer News That Apple Has Added PayPal To App Store, iTunes, Apple Music
Wednesday, July 12, 2017 - 8:59am | 288Read More...PayPal Holdings Inc (NASDAQ: PYPL) shares rose more than 3.5 percent during Wednesday’s pre-market session as Apple Inc. (NASDAQ: AAPL) announced a new partnership with PayPal. Starting Wednesday, select Apple users will now be able to use PayPal as a form of payment in the App Store, iTunes...
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The App Store Is The Jewel In Apple's Services Crown, But Has Its Growth Peaked?
Wednesday, June 28, 2017 - 4:13pm | 439Read More...Pacific Crest Securities speculated in a note on Tuesday that growth at Apple Inc. (NASDAQ: AAPL)'s Services business may have peaked. Pace Of Services Growth To Decline Significantly Analysts led by Andy Hargreaves expect App Store growth of 32 percent in fiscal year 2017. The analysts indicated...
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Everything You Need To Know From Apple's Worldwide Developers Conference 2017 Keynote Address
Monday, June 5, 2017 - 4:29pm | 1261Read More...A 10-year-old Australian boy and 82-year-old Japanese woman were among the hundreds of developers convened at Apple Inc. (NASDAQ: AAPL)'s 2017 WWDC conference Monday. “The Apple developer community has never been more vibrant,” CEO Tim Cook said during the keynote address. “We...
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Tim Cook Explains How Apple Services Is On Track To Be The Size Of A Fortune 100 Company
Sunday, May 7, 2017 - 10:25am | 409Read More...Apple Inc. (NASDAQ: AAPL) CEO Tim Cook promised investors back in January its Services business would become the size of a Fortune 100 company in 2017 and then double in size within four years. On Tuesday, the executive offered an update to his ambitious goal in conjunction with Apple's fiscal...
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Credit Suisse's Take On Apple Services Business, Potential M&A Targets
Tuesday, April 18, 2017 - 9:26am | 765Read More...Issuing a note on Apple Inc. (NASDAQ: AAPL)'s services update, Credit Suisse derived five key conclusions. The firm also dwelled on options before Apple if it were to pursue inorganic growth and zeroed in on Netflix, Inc. (NASDAQ: NFLX) as the most likely option. Apple's services business includes...
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Munster: Services To Contribute 20% Of Apple's Revenue By 2022
Wednesday, March 29, 2017 - 9:31am | 308Read More...Apple Inc.’s (NASDAQ: AAPL) Services arm contributed 11.6 percent of total revenue in 2016 and almost 18 percent of profits. By 2022, the Services business could account for 20 percent of total revenue and 30 percent of profits, Loup Ventures’ Gene Munster said in a report. Apple...
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7 Big Highlights From Apple's Q1 Conference Call
Wednesday, February 1, 2017 - 11:30am | 395Read More...Apple Inc. (NASDAQ: AAPL) shares are up 5 percent in early trading on Wednesday after the company delivered a huge quarterly earnings beat. If you saw the top- and bottom-line numbers but didn’t sit through the earnings call, here are seven things you missed about Apple’s tremendous...
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Twitter Changed Its App Store Category From 'Social Media' To 'News'
Thursday, April 28, 2016 - 2:55pm | 416Read More...Twitter Inc (NYSE: TWTR) changed its App Store category to "News" from "Social Media," effective April 27. The move makes sense, as studies show more people use Twitter to get breaking news. The micro-blogging site has also become a popular platform for sharing one's...
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Is There Anything Innovative Expected From Apple Near Term?
Tuesday, April 26, 2016 - 2:58pm | 251Read More...Apple Inc. (NASDAQ: AAPL) doesn't have anything innovative in the works near term, and the next big thing could still be years off, Maxim Group technology analyst Nehal Chokshi told CNBC. The bearish comments from the analyst come as Apple is expected to report lower earnings and sales for the...
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App Store, Apple Music And Other Apple Services Experience Problems Ahead Of Earnings
Tuesday, July 21, 2015 - 1:49pm | 455Read More...A number of Apple Inc. (NASDAQ: AAPL) services were experiencing problems Tuesday. According to the company's system status page, iTunes and Apple Music are among the afflicted services. The full list includes: App Store Apple Music Apple TV iBooks Store iTunes in the Cloud...
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Apple App Store Awash In Third-Party Submissions
Friday, June 5, 2015 - 1:42pm | 338Read More...Apple Inc. (NASDAQ: AAPL)'s App Store is awash in product submissions from third-party developers. The company last month received nearly 1,800 product submissions for the sales platform each day, according to the website Pocket Gamer Biz. Apple said earlier this year its App Store...
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Apple Watch Buzz Opens New Business Opportunities
Tuesday, January 13, 2015 - 1:32pm | 562Read More...Buzz around Apple Inc.'s (NASDAQ: AAPL) new smartwatch has been growing in recent weeks as anyone and everyone in the tech space tries to get in on the action. While the Watch isn't expected to be available until March, developers are already working to have their apps prepared to launch...













