AAPL Company Overview Updated December 15, 2019

AAPL Company

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15,335 'AAPL Company' stories

March 2007 - December 2019

Founded by Steve Jobs and Steve Wozniak in 1976, Apple kicked off the IPO of its stock in December of 1980 on the NASDAQ market, with the stock symbol “AAPL”. Here is a brief summary from NASDAQ:

Apple (ticker symbol: AAPL) is one of the world’s leading consumer electronics and personal computer companies. The Cupertino, California-based company was established in 1977 as Apple Computer Inc. It dropped the “Computer” from its name in early 2007.

Apple has remained focused on developing its own hardware, software, operating systems and services to provide its customers with the best user experience possible. A significant fraction of the company’s efforts also go toward marketing and advertising as it believes such efforts are essential to the development and sale of its products.

Despite Apple’s market-leading position, the company still faces a number of risk factors, which include changing global economic conditions, fluctuating consumer demand, worldwide-competition and potential supply chain disruptions.

Read more about Apple’s financial details and history on NASDAQ’s and CNN’s websites.

AAPL Company Stories Today

Comment: Could Apple take a political stand that would make you stop buying its products?

The year 2019 is drawing to a close, and in many ways, it’s the year Apple got political. The company – and Tim Cook himself – made decisions to appease and stand with controversial governments at home and abroad, leading to this question: is there a political stand Apple could take that would be so awful, or conflict so profoundly with your own personal values that you would abandon the company entirely and buy your tech elsewhere?

AAPL Company Stories Yesterday

Apple is being questioned by lawmakers over the disclosure of foreign applications in the App Store. Reuters reports that House of Representatives Oversight Committee is seeking answers from both Apple and Google on whether app developers are required to disclose non-US ties.

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Ecobee HomeKit Thermostat

AAPL Company Stories December 12

Apple has avoided steep 15% tariffs on the iPhone, iPad, and MacBook – at least for now. The US has reportedly reached a limited trade deal with China that will ease the tensions between the two countries, preventing new tariffs and rolling back some existing tariffs.

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Apple has acquired a startup in the UK that develops technology designed to improve smartphone photography. According to a new report from Bloomberg, Apple has acquired Spectral Edge for an undisclosed sum.

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This week, a few different financial analysts are reporting pessimism towards Apple iPhone 11 shipments. Rosenblatt reported that Apple is reducing production by about 25%.

Today, Credit Suisse analyst Matt Cabral said that shipments of iPhone in China fell more than 35% in November, compared to the same month in 2018. Apple infamously suffered a mass slowdown in China iPhone demand for the holiday quarter in 2018, so a fall compared to that reduced level is possibly significant.

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AAPL Company Stories December 11

Apple is facing backlash for using the Digital Millennium Copyright Act (DMCA) to remove a tweet that contained an iPhone encryption key. Motherboard reports that Apple filed the DMCA request yesterday, but then retracted it today.

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