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Zacks News
Appleās business primarily runs around its flagship iPhone. However, the Services portfolio that includes revenues from cloud services, App store, Apple Music, AppleCare, Apple Pay, and licensing and other services now became the cash cow. Moreover, non-iPhone devices like Apple Watch and AirPod gained significant traction. In fact, Apple dominates the Wearables and Hearables markets due to the growing adoption of Watch and AirPods. Solid uptake of Apple Watch also helped Apple strengthen its presence in the personal health monitoring space.
Stock Market News for December 28, 2016
by Zacks Equity Research
Benchmarks started the holiday shortened week on a positive note with the Nasdaq hitting a new record high on the back of gains in tech stocks.
Top Research Reports for December 30, 2016
by Mark Vickery
Today's Research Daily features new research reports on 16 major stocks, including Dow Chemical (DOW), Alphabet (GOOGL) and AT&T (T).
Nintendo to Launch Super Mario Run's Android Version Soon?
by Zacks Equity Research
Nintendo Co., Ltd.'s (NTDOY) Super Mario Run is available on Alphabet's (GOOGL) Playstore for pre-registration.
Apple (AAPL) Continues to Increase its Focus on India
by Zacks Equity Research
The Wall Street Journal reported that the incentives "sought" by Apple Inc. (AAPL) to set up manufacturing facilities in India are likely to be reviewed by the Indian government next week.
Apple and Microsoft: Moving Opposite on Share Buybacks?
by Zacks Equity Research
Apple's (AAPL) spending on share buyback has decreased sequentially, while Microsoft's (MSFT) has increased in the third quarter of 2016.
Technology Stock Roundup: Apple, Nokia Fight Over Patents
by Sejuti Banerjea
Top news last week were patent infringement-related lawsuits between Nokia (NOK) and Apple (AAPL) as well as strong results from Micron (MU).
Amazon Holiday Season Sales Turn Out to be its Best Ever
by Zacks Equity Research
Amazon.com, Inc. (AMZN) generated record sales during this year's holiday season, primarily led by its devices strategy.
Is There Hope for FitBit (FIT) Investors in 2017?
by Zacks Equity Research
The year 2016 has been disastrous for fitness wearable maker Fitbit Inc (FIT) with its shares down 75.4% on a year-to-date basis.
Nasdaq ETF (QQQ) Hits New 52-Week High
by Sweta Killa
This Nasdaq ETF hits new 52-week high. Are more gains in store for this ETF?
Amazon (AMZN) Film Division to Premiere Gleason on Dec 29
by Zacks Equity Research
Amazon.com Inc.'s (AMZN) film production division, Amazon Studios has scheduled its original movie, Gleason, to premiere on Dec 29.