Apple becomes 1st private company worth $1 trillion
Apple became the first private-sector company to surpass $1 trillion in market value Thursday following its latest surge after reporting strong quarterly earnings. Shares of Apple briefly hit $207.05 in late-morning trading, before retreating somewhat. The gains came after the iPhone maker reported strong earnings late Tuesday that prompted a two-day rally in the share…
Apple quarterly profit leaps, nears $1 trillion value
Apple said Tuesday that its profit had jumped more than 30 percent to $11.5 billion in the recently ended quarter, besting market expectations despite selling fewer iPhones than analysts projected.
Apple earnings arrive with trillion-dollar value near
Apple will release quarterly earnings figures Tuesday as it flirts with a history-making, trillion-dollar market value based on its share price.
Apple and Samsung settle lengthy iPhone patent battle
After seven years of litigation that spanned the globe, Apple and Samsung have definitively ended a patent battle launched after the US company accused its rival of "slavishly" copying the iPhone's groundbreaking design.
Apple steps up encrytion to thwart police cracking of iPhones
Apple said Wednesday it was strengthening encryption on its iPhones to thwart police efforts to unlock handsets without legitimate authorization.
Apple reports higher profits, unveils big share buyback
Apple reported a hefty jump in second-quarter earnings Tuesday and unveiled a new $100 billion share buyback plan, alleviating worries about the iPhone's prospects and a hit from US-China trade tensions.
EU probes Apple plan to buy music app Shazam
The EU on Monday launched an in-depth probe of tech giant Apple's plan to buy leading song-recognition app Shazam because of fears the deal may reduce choice for consumers.
The Weeknd Helps Apple Music Top Spotify in Streams
The lead song of the The Weeknd's new My Dear Melancholy album "Call Out My Name" tallied 6 million streams during its first 24 hours on Apple Music. On Spotify, the same song drew 3.5 million streams during the same period. The numbers come despite Spotify boasting over 120 million more users. The Weeknd also…