Apple on Verge of Becoming $5 Trillion Company
Apple is on the verge of becoming a $5 trillion company based on market capitalization, which is the total value of all of the company's outstanding shares.
Apple's stock closed at $336.91 today, up around 22.5% since late June. The company's market cap is now around $4.94 trillion, although this figure is not precise due to the company buying back shares over time.
Apple is once again the world's most valuable public company, having surpassed Nvidia.
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Apple's long-rumored smart home hub will have an iMac G4-style design and a host of unique features, Bloomberg's Mark Gurman reports.
The smart home hub is said to feature a square 6-inch display, with variants that can be placed on a countertop or mounted on a wall. It features a single FaceTime camera on the front, with microphones and speakers in its connected base. Gurman described the...
Apple plans to introduce a series of new smart home products on Tuesday, October 13, according to Bloomberg's Mark Gurman.
Apple reportedly plans to debut its long-awaited smart home hub device, a new HomePod mini, and a new Apple TV on the date. The new HomePod mini and Apple TV are set to retain their existing designs, but tout faster chips to support Siri AI. The new HomePod mini will...
The iPhone Duo is reportedly facing production difficulties ahead of its October launch, with early output expected to be limited.
A person said to be close to Foxconn's supply chain told China's Jiemian News that final assembly yields for Apple's first foldable iPhone were only slightly above 60% as of September 17. The source said that, under Apple's current quality standards, it could...
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