Buy hold or sell apple

Investment bank Wedbush says that the recent Apple stock sell-off creates a "golden buying opportunity" for investors, and predicts that Apple still has a $3 trillion valuation on the horizon. In a note to investors seen by AppleInsider , lead Wedbush analyst Daniel Ives says the bank has added Apple to its "Best Ideas List." He says that, in the wake of a historic December quarter for Apple, Wall Street has been expecting modest cuts to 2021 iPhone forecasts. Despite that, the analyst says recent checks in Asia are continuing to come in bullish. He continues to predict that Apple could ship upwards of 230 million iPhone units during the year. That number is higher than the current Wall Street consensus of 220 million units. Based on the current trajectory, Ives says that Apple could sell north of 240 million units — with an "eye popping" 250 million units possibly in the cards. He adds that demand in China still looks strong coming out of the Chinese New Year. … [Read more...] about Recent Apple sell-off a ‘golden buying opportunity,’ analyst says

AppleInsider breaks down every record Apple smashed in its gargantuan fiscal quarter ending in December 2020. Apple's first fiscal quarter was one to remember, breaking records left and right on its way to a staggering $111.4 billion in total revenue. While that number was the biggest takeaway, it was far from the only record the company shattered. Total revenue Apple brought in a staggering $111.4B in Q1 2021 During the 1Q 2021 financial quarter, Apple raked in $111.4 billion in total revenue. This is the first time the company has passed $100 billion for a quarter, breaking its previous record of $91.8 billion in the prior year's December-ending quarter. It's all the more surprising that Apple did this during a global pandemic, as many working families cut down on luxury purchases. Impressive iPad and Mac sales boosts may have partially reflected the greater need for work-from-home and Zoom-friendly computing devices. However, the iPhone continued … [Read more...] about Ten records Apple broke in its historic holiday 2020 quarter

Many rush to buy gold on God of Wealth Day The Saigon Times Daily Many customers buy gold at a Mi Hong gold shop in HCMC's Binh Thanh District - PHOTO: THANH HA HCMC - Numerous residents in Hanoi City have queued up in front of gold shops since early this morning, February 14, to buy gold to seek prosperity on God of Wealth Day, the 10th day of the Lunar New Year, the local media reported. Most of the gold shops on Tran Nhan Tong Street in Hanoi open at 6 a.m., but hundreds of local residents have lined up in front of these shops since 4 or 5 a.m., or even 1 a.m. Nguyen Van Hung, a resident of Hanoi, said he came to a gold shop on Tran Nhan Tong Street at 1 a.m. to be the first one to buy gold today. He had bought a golden ring believing it would bring him good luck and prosperity. Dinh Thi Ngoc Quyen, another gold buyer, noted it was her family’s annual practice to buy gold on God of Wealth Day. Despite having to queue in long lines, gold buyers were still happy … [Read more...] about Many rush to buy gold on God of Wealth Day

AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Apple on Friday announced the discontinuation of the full-size HomePod , saying it plans to focus on production and development of the HomePod mini. Apple informed TechCrunch of the product's end of life in a statement today. HomePod mini has been a hit since its debut last fall, offering customers amazing sound, an intelligent assistant, and smart home control all for just $99. We are focusing our efforts on HomePod mini. We are discontinuing the original HomePod, it will continue to be available while supplies last through the Apple Online Store, Apple Retail Stores, and Apple Authorized Resellers. Apple will provide HomePod customers with software updates and service and support through Apple Care. The company plans to sell remaining HomePod units until … [Read more...] about Apple discontinues full-size HomePod, to focus on HomePod mini

AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Apple's stock split has completed, with shareholders on Friday now owning four times the number of shares in the iPhone maker they did yesterday, as the company attempts to make the stock "more accessible" to smaller investors. Originally announced on July 30 and approved by Apple's Board of Directors, the four-for-one stock split will increase the number of common shares available in the company from approximately 12.6 billion to 50.4 billion , for shares outstanding and the number of authorized shares combined. The process effectively quadruples the amount of Apple stock each stockholder has in the company, but without increasing its value. Apple started recording which shareholders had stock in the company from August 24, with those deemed to still be holding … [Read more...] about Apple 4-for-1 stock split process completes

This week Apple executives are once more slated to attend Allen & Co.'s annual conference in Sun Valley, Idaho, where they will hobnob with fellow corporate leaders from companies like Amazon, Facebook, Disney, and AT&T. Apple's attendance was reported by Variety , though the trade publication didn't name specific guests. Most likely the company will send CEO Tim Cook and senior VP Eddy Cue , both of whom have been Sun Valley regulars . The conference is a prime opportunity for business leaders to network with each other and forge preliminary business deals. In 2018, some other guests included media baron Rupert Murdoch, Amazon CEO Jeff Bezos, Google CEO Sundar Pichai, and Facebook CEO Mark Zuckerberg. Past deals originating at Sun Valley have included Disney's $19 billion ABC/Capital Cities buyout, and Bezos' takeover of the Washington Post . This year's conference comes at a critical time for Apple, as it's preparing to launch two new services this … [Read more...] about Apple heads to Sun Valley 2019 conference as Apple TV+ launch looms

Chemicals and additives are sold without origin stamps or directions for use at HCMC’s Kim Biên market.—Photo dantri.com.vn Viet Nam News HCM CITY – HCM City authorities will move a market selling chemicals and additives far from the city center, a source said yesterday. The news was confirmed at a meeting chaired by the HCMC People’s Committee deputy chairman Trần Vĩnh Tuyến early this week. The city authority official also discussed measures to tackle the illegal sale of harmful chemicals at Kim Biên market in District 5. The city People’s Committee will pursue criminal punishment for serious violations involving harmful chemicals. And they will sanction those selling chemicals in violation of State regulations. Phan Hoàn Kiếm, chief of the city’s Market Management Department, said about 600 companies and individuals are producing, importing, and trading in chemicals in the city. There are 16 additive and chemical traders in the Kim Biên Market. More than 93 … [Read more...] about HCMC to move market selling chemicals far from the city center

Feature AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Apple has decisively transitioned its new MacBook Pros to use the slim, unidirectional new USB-C port first introduced on the Retina MacBook a year and a half ago. Its latest MacBook Pro machines not only supply more connectors, but also support the enhanced new USB 3.1 Gen 2 and Thunderbolt 3 protocols for blazing fast wired connectivity and high resolution displays. Flex your power Like the Retina MacBook, the new MacBook Pro models no longer use MagSafe, Apple's quick release magnetic plug for delivering power. Power is now delivered via USB-C, which fits snuggly enough to pull your laptop off the edge of a table if something inadvertently tugs the cable hard enough. While many are weeping over the death of their beloved MagSafe, I've … [Read more...] about Everything you need to know about USB-C & Thunderbolt 3 on Apple’s new MacBook Pro

Review AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. "Defending Jacob," now on Apple TV+, is a gripping slow-burn drama about what happens to a family when their son is accused of a brutal murder. Chris Evans in Defending Jacob, premiering April 24 on Apple TV+. In February, director Rian Johnson, of the 2019 movie Knives Out , revealed that when Apple provides products for movies, the company frowns upon allowing villainous characters to use iPhones. In Johnson's film, the character who turns out to be the main villain, played by Chris Evans, does not use an iPhone, although his nephew (Jaeden Martell), who's referred to as "the Nazi child," does . Just a few months later, we have a new Apple TV+ limited series, Defending Jacob , that stars both of those actors, Chris Evans and Jaeden … [Read more...] about Apple TV+ review: ‘Defending Jacob’ a compelling showcase for Chris Evans

A bag of leeches collected in Quế Phong District of Nghệ An Province. — Photo vietnamnet.vn Viet Nam News NGHỆ AN — Authorities from the rural district of Quế Phong in the central province of Nghệ An have asked all commune officials to ensure that locals don’t breed leeches in their jurisdictions. Authorities also want residents to report on leech buyers from outside the province. The move is in response to rampant rumours about questionable leech buyers, who are allegedly mass buying leeches to supply to foreign traders. The current rate is VNĐ500,000 to VNĐ600,000 (US$21.9-26.4) per kg of leech. However, most residents said they didn’t know or care what the traders were buying the leeches for, or who the buyers were, or where they came from. All they know was that these buyers were not local. A native leech buyer from Nghệ An Province told e-newspaper Vietnamnet that the leech-buying business has been thriving since three to four years, and that he … [Read more...] about Nghệ An concerned about mass buying of leeches