Aug 04 2018
Apple Inc. on Thursday became the first USA company to surpass $1 trillion in market value, underscoring the iPhone maker's explosive growth and its role in the technology industry's ascent to the forefront of the global economy and markets. Obviously, the stock market is extremely volatile, so shares might not remain at $207.05 for very long, but for now at least, Apple is technically worth $1 trillion.
The stock has risen more than 21 per cent this year and an eye-watering 50,000 per cent since it became a public company in 1980.
The company was co-founded by the late Steve Jobs, a product innovator who helped prevent the company's collapse in the late 1990s.
The race to a $1 trillion market cap - symbolic as it is - has been closely watched on Wall Street.
Judge issues order to stop release of 3-D plastic gun blueprints
Tom Wolf and the Pennsylvania State Police sued the company before its formal rollout of a downloadable gun program Wednesday. A federal judge on Tuesday stopped the release of blueprints to make untraceable and undetectable 3D-printed plastic guns.
Harley Davidson plans smaller bike with eye on India
USA sales slid 6.4 per cent in the most recent quarter, and they're down 8.7 per cent at the halfway point of the year. Harley-Davidson has announced a new strategy to take on global markets and push forward with electric motorcycles .
Google to launch Pixel Stand charging dock with Pixel 3
As well they should be - Google Pixel 2 is still one of the best camera phones in the world almost a year after initial release. This update has been rumored for a while now, and the advent of the Pixel Stand all but confirms it.
Apple sold 43.1m iPhones in the June quarter, as customers flocked to its more expensive models like the iPhone X. The online sales company now has a market value of $880 billion dollars. Most of the people reading this are probably on an Apple device right now or own at least one product they have offered.
The iPhone maker was named as the only publicly listed U.S. company to be valued at $1,000,000,000,000 just before 5pm this afternoon.
It may have been the vision of Steve Jobs that hurtled Apple towards this milestone, but it was the business acumen of Tim Cook that tipped them over. Shares of Apple this week traded at about 15 times expected earnings, compared with Amazon at 82 times earnings and Microsoft at 25 times earnings. "Of course, one can argue that the slower gains leave more room for upside for Alphabet stock, but I think it's more a sign that the company simply doesn't have the fuel needed to sprint across the finish line". The social media giant's market cap has sunk to $492.46 billion, and it may take some time for them to hit a trillion. So who's going to pay for it? It is now worth about $200 billion, according to Thomson Reuters data.
Aug 02 2018
Spy agencies suspect North Korea building new missiles
North Korea has carried out a total of six nuclear tests, the most recent of which took place in September previous year . But they did not agree on details, which will be further discussed through working-level talks, the ministry said.
Aug 01 2018
Jose Mourinho heavily criticizes Manchester United after pre-season loss
Mourinho had expressed a desire for two new arrivals but says it will be "not a drama" if the club make just one new addition. Premier League side Manchester United were unsuccessful in their plot to offload French forward Anthony Martial to PSG.
Jul 31 2018
Zimbabweans vote in first election after Mugabe ouster
Mugabe‚ however‚ denied reports that he was politically or financially supporting Chamisa‚ and added he had never met him before. She said this while giving an update on voting now underway and the situation at various polling stations across the country.
Jul 31 2018
LeBron regrets pressuring son by naming him LeBron Jr
Anyone who buys one of the shoes will have their name enshrined on the I Promise School sneaker wall as well. I've walked the same streets, I've rode the same bikes on the streets that they ride on.
Jul 30 2018
President Trump threatens shutdown over wall, immigration
Lawmakers met with Trump last week to discuss the appropriations process to fund the government by the September deadline. Trump has requested US$25 billion to build a wall along the southern U.S. border with Mexico.
Jul 30 2018
Three dead and seven hospitalized after a shooting in New Orleans
In the 2800 block of Louisiana Avenue , crime tape was in place at a house and officers stood on the front porch. Authorities have also yet to disclose any information about the suspects in the shooting.
Jul 29 2018
Cubs Trade For Cole Hamels
The 34-year-old adds some help to a Cubs rotation that has underachieved this season, despite leading the National League Central. He played for the Phillies from 2006 to 2015 and won a World Series, a World Series MVP and an NLCS MVP with them in 2008.
Jul 28 2018
Liverpool Must Win After Spending Heavily - Jose Mourinho
These totals include them braking the world record fees for a defender and a goalkeeper when signing Virgil van Dijk and Alisson. However, it took 26 penalties to separate these teams and give United an eventual victory over the Italians.
Jul 26 2018
Deschamps, Zidane on FIFA Coach of the Year shortlist
A host of national team coaches have been selected in the nomination process in the wake of their exploits in the 2018 FIFA World Cup .
Jul 25 2018
Tesla pushes suppliers to return payments
The race to get the Model 3 going may have added unexpected costs in the second quarter. The appeal was reportedly made as part of a wider effort to make Tesla profitable.
Aug 02 2018Crews report progress in fight against twin California fires
Aug 01 2018Former Trump Campaign Chair Heads to Trial
Jul 31 2018Auto nations mull meeting without USA to discuss threat of tariffs
Jul 28 2018Severe Flood Watches Issued As Cloudy Skies Loom And Rain Continues
Jul 27 2018Mexico President-Elect Tells Trump, We Need a New NAFTA with Development Fund
Jul 27 2018Senate committees plan Russian Federation threat hearings
Jul 26 2018Latest Demi Lovato Developments Since Suspected Drug Overdose
Jul 26 2018Jordan says to transfer Syria White Helmets to UK, Canada, Germany
Jul 24 2018Sony IMX586 Smartphone Camera Sensor With 48 Effective Megapixels Resolution Launched
Jul 24 2018South Korea Promotes Trade With Northern Neighbour Via Sanction Exception
Aug 04 2018NASA Assigns Crews to First Commercial Spacecraft Flights
Aug 03 2018Google declares Android phones can have two notches at most
Aug 03 2018Washington wins order preventing posting of 3D-printed gun plans
Aug 03 2018Deadline arrives for smoke-free Public Housing Authorities
Aug 02 2018Facebook Shuts Down Accounts Trying To Influence Midterm US Elections
Jul 30 2018Trump Threatens Government Shutdown if Congress Doesn’t Fund His Border Wall
Jul 29 2018"find, test, treat millions" who have hepatitis
Jul 29 2018Radar Shows Evidence of a Subterranean Lake on Mars
Jul 28 2018Facebook bans Infowars' Alex Jones for 30 days -- but he's still streaming
Jul 27 2018‘Blood moon’: How to watch the longest lunar eclipse of the century
Jul 25 2018Trump reacts to Cohen tape: "Your favorite president did nothing wrong!"
Jul 24 2018Dennis Robertson Attended Kawhi Leonard's Meeting With Raptors