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The Latest Breaking News from Luca Maestri

Apple is richer than ever thanks to high margins—and its new CFO intends to keep it that way

Kevan Parekh is set on maintaining the company's "disciplined pricing strategy."

Fortune

Apple's new chief financial officer will use the same 'CFO playbook' say top analysts—and that's good news for investors

Kevan Parekh, who first joined the company in 2013, begins his tenure as finance chief.

Fortune

Apple May Delay Key iOS 19 Features As It Reportedly Adopts Staggered Rollouts Amid AI Investment Push

Apple is reportedly delaying key iOS 19 features, including a Siri overhaul using in-house LLMs, to staggered rollouts through 2026, reflecting its evolving approach to software updates.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Analyst resets Apple stock forecast ahead of crucial rollout

Here’s what may happen to Apple shares next.

The Street

Apple analysts reset targets after C-suite shakeup

This is what could happen next to Apple stock.

The Street

Apple Stock Rises On Fall Product Launch Event Anticipation

Apple stock rose Tuesday after the consumer electronics giant announced a date for its annual fall product launch event.

Investors Business Daily

Apple's CFO Luca Maestri To Be Replaced On New Year's Day

Maestri will continue to oversee teams responsible for IT, real estate development, and security.

International Business Times

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Apple is getting a new CFO — could this bring changes for its future releases?

After a decade as CFO, Apple’s Luca Maestri is to hand the reins to Kevan Parekh, who will take over from 2025.

TechRadar

A key executive is stepping down at Apple

Luca Maestri, Apple's Chief Executive Officer, is stepping down from the role in favor of a new one.

iMore

Billionaire fund manager unveils bold Apple stock price forecast

Here’s what could happen to Apple shares next.

The Street

Apple Stock is Up While the Rest of Wall Street Sells Off

Apple stock is higher in Friday's broad-market bashing after the tech giant beat expectations for its fiscal Q3. Here's what you need to know.

Kiplinger

Apple earnings top forecasts, iPhone sales slip ahead of AI launch

Apple is betting the farm on AI. It needs to sell iPhones to do it.

The Street

Apple COO Reportedly attends secret meetings with TSMC to reserve first batch of 2-nanometer production

Rumors of Apple developing its own AI servers seem much more feasible using TSMC's 2-nanometer fabrication process.

Tom’s Hardware

Apple earnings report reveals M3 Macs are a hit: Here's what it means for laptop users

The latest Apple earnings report revealed a bump in Mac sales that could hint at the future of Apple silicon and the M4 chips. Here's what you should know.

Laptop

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Tom’s Guide

iPhone 15 sales stall — here's why Apple's not worried

Apple reported a 10% drop in iPhone sales during the March quarter. But Apple's optimistic about its business going forward.

Investors Business Daily

Apple Forecasts Weak March-Quarter Sales, Launches Vision Pro

While Apple is forecasting a sales decline in the March quarter, it is upbeat about the rest of the year thanks to AI and Apple Vision Pro.

Investors Business Daily

Apple Forecasts Flat Sales In Holiday Quarter; Shares Fall

After posting its fourth straight quarter of declining sales, Apple forecast flat sales for the holiday quarter. The news drove Apple stock lower on Friday.

StockNews.com

Analyzing Apple (AAPL) Stock Before Earnings

Although Apple (AAPL) is poised for robust growth in the long run, driven by its strategic leadership and innovative product lineups, its near-term performance could be affected by dampened consumer spending. As the company prepares to release its fourth-quarter earnings this Thursday, let’s analyze whether AAPL could be worth buying…

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One news app.

StockNews.com

Should Apple (AAPL) Be a Buy or Hold for End of August?

Dominant tech player Apple (AAPL) beat Wall Street expectations for earnings and sales in the third quarter of fiscal 2023, driven by solid services sales growth. But its overall sales dropped, and the company predicted that the sales slump could continue in the fourth quarter. Amid this, let’s determine if…

The Street

Apple May Have an iPhone Problem as Key September Launch Looms

Apple's signature product sits at the heart of its hardware and services ecosystem. But is its grip on consumer sentiment starting to fade?

The Street

Stocks Nudge Higher, Jobs Data On Deck, Apple, Amazon, DraftKings

Stock futures nudge higher as bond market sell-off accelerates; Jobs data on deck as traders seek soft landing confirmation; Apple shares slide as softer revenues, outlook cloud earnings beat; Amazon shares surge after solid Q2 earnings, robust revenue outlook and DraftKings soars as sports betting group sees further gains.

Zenger

Apple’s Q3 Results Beat Expectations, Service Sector Drives Growth

Strong service sector growth and record active device bases contribute to Apple's fiscal Q3 success.

StockNews.com

Does Apple (AAPL) Have Investors' Interest?

Tech behemoth Apple (AAPL) recently announced its biggest launches of the year, among several others, positioning it for significant long-term growth. However, the company’s financials present a divergent narrative, prompting the question of whether it still captivates the interest of investors. Read on to find out….

The Street

Apple Slips From Record as UBS Cuts Rating on Softer iPhone Demand

Apple may have a problem with iPhone demand, UBS analysts say.

The Street

Apple: iPhones, Emerging Markets Power Q2 Earnings Beat, Dividend Boost; Stock Jumps

'The iPhone is truly a global product and we’re doing well in emerging markets right now,' said Chief Financial Officer Luca Maestri.

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