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Zacks News
Apple’s 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 February 08, 2016
by Zacks Equity Research
Benchmarks ended in the red amid a sharp fall in technology stocks on Friday
Stock Market News for March 30, 2016
by Zacks Equity Research
Benchmarks finished in the green on Tuesday after Fed Chairwoman Janet Yellen indicated that the Fed will take a cautious stance before hiking interest rates.
Stock Market News for April 18, 2016
by Zacks Equity Research
Benchmarks ended in the red on Friday following slump in oil prices, which dragged energy stocks downward
Stock Market News for April 29, 2016
by Zacks Equity Research
Stock Market News for May 13, 2016
by Zacks Equity Research
Benchmarks closed mixed after shares of Apple declined to a two-year low, which in turn had a negative impact on the S&P 500 and Nasdaq
Stock Market News for May 23, 2016
by Zacks Equity Research
Benchmarks closed in positive territory on Friday following speculations that indications of a Fed rate hike signal that the economy may be strengthening
Stock Market News for June 14, 2016
by Zacks Equity Research
Concerns ahead of Federal Open Market Committee (FOMC) policy meeting and a possible "Brexit" led major benchmarks to end in the red for third consecutive days on Monday
Stock Market News for July 29, 2016
by Zacks Equity Research
Despite decline in energy stocks, benchmarks ended mostly in the green on Thursday on the back of gains in major tech companies.
Stock Market News for August 02, 2016
by Zacks Equity Research
Benchmarks ended mostly lower on Monday as energy stocks slumped, thanks to crude oil returning to bear market territory
Stock Market News for September 08, 2016
by Zacks Equity Research