What Should You Know About AAPL And Its New Innovations
The multinational electronics corporation Apple Inc is a smartphone, personal computer, tablet, wearable and apparel designer, manufacturer of and distributor. The Nasdaq exchange lists Apple Inc. under the AAPL ticker label. Apple Inc. The corporation has a fast-growing market of online technology including its cloud storage and digital video entertainment services, such as Apple Music and Apple TV+. The firm’s core products include the iPhone, a Mac range of PCs and tablets, iPad, Apple Watch, and Apple TV+.
AAPL is faced by several rivals, including Samsung Electronics Co., a smartphone company. Ltd. and LG Electronics Inc., Lenovo Group Ltd. computer producers and the Dell Technologies Inc. vendors Spotify Technology S.A. streaming-content providers (DELL). Netflix Inc. (NFLX) and other media firms such as Microsoft Corp. (MSFT), Alphabet Inc. (GOOGL).
New Inventions of Apple
The upcoming iPhone 12 smartphone lineup of Apple was announced in a video presentation on October 13, 2020. New versions feature quicker processors, 5 G speeds and upgraded cameras, according to the company. The price of basic iPhone 12 has also changed to $799, $100 more than that of its predecessor iPhone 11.
The House’s Sub-Committee on Antimonopoly Judiciary published guidelines on how to amend legislation in order to discourage the continuing rise of internet monopolies, following a 16-month report into tech Apple, Amazon, Twitter, and Alphabet. A 450-page study was submitted by the Democratic majority that the four large technology firms control the market in ways that effect on U.S. economics and government, recommending that Congress makes reforms to antitrust regulations that could lead to the splitting of sections of firms.
At its Steve Jobs Theatre in Cupertino, California, APPL hosted its very awaited annual event on 15 September 2020. This time, because of coronaviruses, the case took place solely via streaming videos. Usually, at this event, Apple unveiled its new goods, particularly the latest iPhone version. But the company announced their new Apple Watches and its revamped iP this time around.
The latest debut on the iPhone
The stock of Apple was divided 4-for-1 by the fifth divided stock on August 31, 2020. On the division day, AAPL reached another (split-adjusted) record high. Apple reported in its three-month quarterly report for the financial year 2020 that the COVID-19 pandemic has continued to negatively impact some facets of its business. Over the quarter many of the companies remained temporarily closed, and several of the workers worked remotely. In compliance with local laws Apple said it was steadily reopening its offices and retail stores. You can also check balance sheet of AAPL at https://www.webull.com/balance-sheet/nasdaq-aapl.
Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.