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Wednesday, February 09, 2022 13:40:46 UTC

Stock responds positively when Apple officially launched "Tap to Pay" today, a new iPhone feature that will allow businesses to accept payments from their handsets.

The new approach will function simply tapping phones together or using contactless credit cards, with no additional hardware required. Stripe will be the first payment provider to offer the service this spring, alongside Shopify's Point-of-Sale app, with more platforms and applications to follow later this year.

The move pits Apple against Block and other finance businesses like as PayPal, Verifone, and Ingenico. Apple was keen to point out that it will not be able to see what is being purchased or who is purchasing it. Payment data, according to the tech giant, is encrypted and safeguarded by the same technology that makes Apple Pay private and secure.(More)

@apple @paypal @apple @paypal

#aapl #amzn #shop #jpm #appleinc #huawei #iphone #ios #square #paypal #verifone

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Wednesday, February 02, 2022 01:06:13 UTC

Google's fourth-quarter earnings crushed expectations and they announced a 20-for-1 stock split, pushing shares up substantially in extended hours trading.

As a result of the post-pandemic increase in marketing spending by corporations around the world, Google parent Alphabet (GOOGL) – Get Alphabet Inc. Class A Report recorded considerably greater fourth quarter results Tuesday and authorized a 20-for-1 split of its stock.

Alphabet reported a record $20.6 billion, or $30.69 per share, in earnings for the three months ending in December, up 37.6 percent from the same time last year and well ahead of the Wall Street consensus expectation of $27.48 per share, which was expected.(More)

GOOGLE 20-1 STOCK SPLIT

Wednesday, February 02, 2022 01:06:13 UTC

Google's fourth-quarter earnings crushed expectations and they announced a 20-for-1 stock split, pushing shares up substantially in extended hours trading.

As a result of the post-pandemic increase in marketing spending by corporations around the world, Google parent Alphabet (GOOGL) – Get Alphabet Inc. Class A Report recorded considerably greater fourth quarter results Tuesday and authorized a 20-for-1 split of its stock.

Alphabet reported a record $20.6 billion, or $30.69 per share, in earnings for the three months ending in December, up 37.6 percent from the same time last year and well ahead of the Wall Street consensus expectation of $27.48 per share, which was expected.

#googl #google #alphabet #search #internet #microsoft #apple #tesla #earnings #stocksplit


Friday, January 28, 2022 11:07:57 UTC

Apple reported record revenue of $123.9B in 2021 Q4, an 11% increase over the same period, previous year. Shares soared 5% after hours yesterday.

Apple's services business soared. Chip shortages were primarily limited to iPad sales. iPhone and computer company's net profit in the final three months of the year increasing by 20% to $34.6B, much above predictions of $31.1B. Revenue exceeded experts' projections of $119 billion and the $111.4 billion recorded a year ago.

Apple's shares soared 5% after the company's earnings report was released late yesterday.(More)

APPLE UP, DEFYING DOUBTERS

Friday, January 28, 2022 11:07:57 UTC

Apple reported record revenue of $123.9B in 2021 Q4, an 11% increase over the same period, previous year. Shares soared 5% after hours yesterday.

Apple's services business soared. Chip shortages were primarily limited to iPad sales. iPhone and computer company's net profit in the final three months of the year increasing by 20% to $34.6B, much above predictions of $31.1B. Revenue exceeded experts' projections of $119 billion and the $111.4 billion recorded a year ago.

Apple's shares soared 5% after the company's earnings report was released late yesterday.

#aapl #amzn #shop #jpm #appleinc #huawei #iphone #ios #covid #stores #earnings


PAYPAL STABLECOIN POSSIBLE

1.10.22 1:51 PM UTC

PayPal may launch its own stablecoin as part of its cryptocurrency effort, which was confirmed after proof of the move was found in its iPhone app.

#pypl #sq #amzn


PAYPAL STABLECOIN POSSIBLE

Monday, January 10, 2022 13:51:49 UTC

PayPal may launch its own stablecoin as part of its cryptocurrency effort, which was confirmed after proof of the move was found in its iPhone app.

#pypl #sq #amzn #jpm #paypal #crypto #stablecoin #bitcoin #iphone #apple #facebook #meta


APPLE CLOSING NYC STORES

12.29.21 1:14 PM UTC

Apple is curtailing services at its New York City stores as the region continues to face a surge in Covid cases. Following the announcement, the stock remained largely unchanged.

#aapl #amzn #shop


APPLE CLOSING NYC STORES

Wednesday, December 29, 2021 13:14:54 UTC

Apple is curtailing services at its New York City stores as the region continues to face a surge in Covid cases. Following the announcement, the stock remained largely unchanged.

#aapl #amzn #shop #jpm #appleinc #huawei #iphone #ios #covid #stores #geniusbar


FUTURES SUFFERING AS FED MEET APPROACHES

12.14.21 2:16 PM UTC

US stock index futures are tumbling in today's premarket ahead of a potential decision on faster tapering from the Federal Reserve later this week.

#spy #apple #amazon


FUTURES SUFFERING AS FED MEET APPROACHES

Tuesday, December 14, 2021 14:16:08 UTC

US stock index futures are tumbling in today's premarket ahead of a potential decision on faster tapering from the Federal Reserve later this week.

#spy #apple #amazon #tesla #futures


APPLE APPROACHES $3 TRILLION

12.13.21 10:47 AM UTC

Apple is inches away from a $3 trillion market capitalization. This would make them the worlds third largest economy, behind Germany. A $200 per share price approaches.

#apple #iphone #ipad


APPLE APPROACHES $3 TRILLION

Monday, December 13, 2021 10:47:26 UTC

Apple is inches away from a $3 trillion market capitalization. This would make them the worlds third largest economy, behind Germany. A $200 per share price approaches.

#apple #iphone #ipad #stevejobs #germany #largesteconomy


APPLE PREVAILS IN MONOPOLY CASE

12.9.21 12:44 PM UTC

Apple won a temporary reprieve in appeals court on judge-ordered App Store changes in the company's antitrust case with Epic Games Inc.

#apple #epicgames #monopoly


APPLE PREVAILS IN MONOPOLY CASE

Thursday, December 09, 2021 12:44:32 UTC

Apple won a temporary reprieve in appeals court on judge-ordered App Store changes in the company's antitrust case with Epic Games Inc.

#apple #epicgames #monopoly #antitrust #appstore #paypal #square


IPHONE 13 DEMAND SLOWING

12.2.21 12:19 PM UTC

Production for Apple's iPhone 13 has dropped dramatically, due to supply chain issues, the company said today. The stock is down in pre-market after a $170 high yesterday.

#apple #iphone #camera


IPHONE 13 DEMAND SLOWING

Thursday, December 02, 2021 12:19:04 UTC

Production for Apple's iPhone 13 has dropped dramatically, due to supply chain issues, the company said today. The stock is down in pre-market after a $170 high yesterday.

#apple #iphone #camera #mobile #supplychain


APPLE CUTS 10M IPHONES

10.13.21 10:41 AM UTC

Realized this morning, due to prolonged chip shortages, Apple will cut projected iPhone 13 production targets for 2021 by as much as 10 million units.

#apple #iphone #broadcom


APPLE CUTS 10M IPHONES

Wednesday, October 13, 2021 10:41:32 UTC

Realized this morning, due to prolonged chip shortages, Apple will cut projected iPhone 13 production targets for 2021 by as much as 10 million units.

#apple #iphone #broadcom #texasinstruments #supplychain #iphone13