Apple’s stock hit a record high on Friday after reporting blockbuster quarterly results, helping the iPhone maker briefly overtake Saudi Aramco to become the world’s most valuable publicly listed company. Apple’s stock surged to as high as $412.22 a share, putting its market capitalization at $1.762 trillion, according to the share count provided by Apple in a regulatory filing on Friday. Saudi Aramco, which has been the most valuable publicly listed company since going public last year, had a market capitalization of $1.760 trillion as of its last close, according to Refinitiv data. Last up 6.2% at $408.78 in midday trading, Apple’s market capitalization stood at $1.748 trillion. After Apple bought back $16 billion worth of shares in the June quarter, it had 4,275,634,000 outstanding shar...
Apple is ready to change things up on you again. Earlier today, the tech monolith announced its newest software, iOS 14, for iPhones, iPads, Macs, Apple TV, and Apple Watch during the Worldwide Developers Conference. A lot of ground was covered, so we’ve cherry-picked the biggest takeaways to help save you time. First thing’s first: iOS 14 will change things up for the iPhone starting with a brand new iOS home screen. The new look allows users to set default email and browser apps for the first time, pin widgets with updating information, and go beyond the previous limitations of apps-only visuals on the home screen. From there, Apple revealed some helpful tweaks to the Messages app. Users can now mention one another within a text (similarly to tagging), rock updated Memoji looks like a fa...
Source: Apple / Apple WWDC Apple’s WWDC event was all about the software, of course, with a sprinkle of hardware news. Like all of the other companies, Apple’s WWDC was moved online, but it still kept the same energy from the previous ones just minus the tech aficionados in the crowd. The company that Jobs built had a plethora of announcements to make mainly about its iOS operating system and one big hardware announcement that the company will be powering its devices with Apple chipsets. So let’s get into the highlights from the event. Apple Is Ditching Intel Source: Justin Sullivan / Getty Tim Cook finally confirmed his company’s long-rumored move from Intel’s x86 chip architecture for its own Apple chips inside new Macs. Before he sent online viewers to an undisclosed location where the ...
Source: Xinhua News Agency / Getty In case you forgot, COVID-19 is still here. Apple isn’t taking any chances following a spike in cases across the country. The company that Jobs built announced it has closed 11 stores across four states following an alarming increase in coronavirus cases in the United States. Back in March, Apple made a move to close all of its retail stores outside of China but decided to reopened stores on May 11 following the strict guidelines, of course. The recent spikes in COVID-19 cases have caused enough concern that the tech giant decided to close stores in North Carolina, South Carolina, Florida, and Arizona. Speaking with Bloomberg, a spokesman from Apple spoke on the closings and stated: “Due to current COVID-19 conditions in some of the communities we serve, ...
Goodbye Netflix, hello Apple. According to The Hollywood Reporter, Martin Scorsese’s next high-priced crime drama Killers of the Flower Moon has been scooped up by the global conglomerate. As the publication reports, Apple is in final negotiations with Paramount Pictures to both partner and produce the expensive project, which currently touts a budget north of $150 million. Why so pricey? Well, when you string together Scorsese, Robert De Niro, and Leonardo Di Caprio, things start to add up. And add up they have! Sources tell The Hollywood Reporter that the budget may have been too high for even Netflix, who reportedly were willing to pony up $215 million for the damn thing. So, it’s likely this flick could be floating around Irishman territory, which is rumored to have cost $225 million. ...