Apple’s board of directors has approved a four-to-one stock split, the company said Thursday. AAPL stock, which closed Thursday at $384.76, should go for around $100 a share when the split occurs in late August.
The news, revealed in Apple’s blowout Q3 2020 earnings report, means investors with one share at close of business on Aug. 24 will be given three additional shares trading at one-fourth the price. It’s basically a psychological move that makes Apple stock seem more affordable.
Apple took in $59.7 billion in revenue last quarter, an annual increase of 11%. That solidly beats the estimates of analysts, who predicted a drop in revenue as the iPhone-maker, and the rest of the world, grappled with the COVID-19 pandemic.
Very strong increases in revenue from Mac and iPad significantly pushed up the total.
Worried your WhatsApp conversations might end up in the wrong hands? Give them an additional layer of security by enabling Face ID or Touch ID protection for the WhatsApp app.
We’ll show you how.
Staying charged is essential to staying connected, so we rounded up some of our favorite charging solutions. From multitip power cords to wireless charging stands, these handy accessories will keep your gear topped up in style.
For the second time, a season of The Morning Show is having to be completely rewritten to reflect sweeping global changes.
The Apple TV+ show had to be virtually rebooted prior to the filming of Season 1 due to the #MeToo movement and the firing of TV host Matt Lauer as the result of sexual impropriety accusations. Now Deadline reveals that Season 2 is also being rewritten — this time to reflect the COVID-19 pandemic.
Amazon is slashing prices on Apple’s newest MacBook Pro. The 13-inch model, introduced in May with a brilliant new Magic Keyboard and extra storage, is now $199.01 cheaper for a limited time.
Get yours before the discounts disappear.
Apple agreed to halve its App Store fee for Amazon so the company would bring its Prime Video app to iOS and Apple TV, emails reveal (.pdf).
Apple exec Eddy Cue and Amazon boss Jeff Bezos personally negotiated the deal in 2016, it was revealed during Wednesday’s antitrust hearing looking into tech giants’ business practices. They agreed that Apple would get a 15% revenue cut from day one for customers who signed up through the app. Apple normally gets a 30% cut for the first year of an app’s subscription. It then claims a 15% commission for subsequent years.
Popular secure messaging app Telegram filed a formal antitrust complaint with the European Union over App Store practices, the Financial Times reports.
In a complaint addressed to EU competition chief Margrethe Vestager, Telegram’s creators argue that Apple must “allow users to have the opportunity of downloading software outside of the App Store.”
Apple’s 30% commission on certain apps is one of the main areas Apple CEO Tim Cook was grilled on during Wednesday’s U.S. House Judiciary antitrust subcommittee hearing.
However, according to internal emails revealed as part of the inquiry, Apple previously considered increasing its cut from 30% to 40% in some cases.
MacBooks don’t have HDMI ports, but the Plugable USB-C to HDMI Adapter makes it easy to connect your laptop to an external monitor. Even better, this accessory is inexpensive and very portable.
I tested the adapter for work, watching video, and playing games. Here’s how it held up.
Apple CEO Tim Cook mostly avoided questioning during Wednesday’s historic congressional antitrust hearing on the business practices of Big Tech.
Cook took only a handful of questions from the House Judiciary antitrust subcommittee. Lawmakers directed most of their questioning — which capped a year-long investigation into antitrust issues — at Cook’s fellow CEOs from Facebook, Google and Amazon.
When Apple reports its fiscal third-quarter earnings Thursday, the world will learn how the company is doing in the middle of a global pandemic.
Analysts predict a drop in revenue. But Apple itself previously said it’s seeing an increase in Mac and iPad sales. And investors have pushed the stock up almost 30% this year.
Picture-in-picture (PiP) makes it easier to watch videos while you do other things on iPhone (with iOS 14) and iPad. But it can begin to get annoying when every video you close ends up in a PiP window.
Here’s how to disable automatic picture-in-picture so that you have complete control over when it’s used.
The Attorney General of Arizona is reportedly looking into Apple’s practice of slowing down the performance of older iPhones to preserve battery life.
Apple admitted it was doing this back in 2017, and gave users control of if and when it happens. But the investigation by the Arizona AG goes on.
Google on Wednesday committed to a free iOS app that lets iPhone users automatically back up photos, videos, contacts and calendar events. This goes into the 15GB of free storage offered by this company.
This will compete with a service offered by Apple to do the same.
If your Mac is struggling to maintain a stable Wi-Fi or Bluetooth connection, it could be because of wireless interference. The good thing is that there are many different things you can do to eliminate this problem.
In this guide, we’ll detail how you can identify wireless interference, and some of steps you can take to prevent it from causing problems in the future. The tips also can prove useful for iOS devices.
Apple CEO Tim Cook defended App Store business practices and said his company treats all software developers equally as he faced questioning Wednesday in front of the House Judiciary antitrust subcommittee.
Cook said it’s in Apple’s best interest to treat devs fairly. The company wants the best and brightest to write iOS apps, he said, because killer software proves essential for a company engaged in a “street fight for market share in the smartphone business.”
Anyone wanting a serious dose of nostalgia should install a just-released emulator of a classic Apple desktop computer running Mac OS 8, first released in 1997. There’s even a bunch of games and productivity applications from the same era.
Spotify’s Q2 earnings showed largely positive growth, although the streaming music giant suffered a 21% decline in ad revenue and a 48% rise in operating costs due to deals like its $100 million licensing deal for The Joe Rogan Experience.
Total monthly active users on the platform grew to 299 million, while paid subscribers increased to 138 million. Apple Music, which does not operate a free listening tier (outside of Beats 1 radio), last reported 60 million paid subscribers in June 2019 when it had passed 60 million.
Running a small business comes with tons of stress and complexity. So why spend more time and energy than you need to on bills, payments and other accounting headaches? With QuickBooks, you don’t have to.
A new deal means that movie fans won’t be waiting as long to see Universal Pictures movies pop up for sale on iTunes and other digital platforms after their theatrical debut.
According to a Wall Street Journal article, an agreement between theater chain AMC Entertainment and Universal means that the theatrical exclusivity window will be cut from 75 days to just 17 days. This means certain titles will be available after just 2.5 weeks after they first arrived in theaters.
Get ready for some high plains drifting because Mario Kart Tour is headed west. To the Wild West, more precisely!
Having travelled all over the world in previous updates, the mobile-focused version of Mario Kart is now going back in time to frontier country with its latest update. And it’s brought some appropriately themed characters along for the ride over yonder.
Apple CEO Tim Cook will argue that his company does not dominate any market in which it does business when he appears before the House Judiciary antitrust subcommittee Wednesday, according to his opening statement released ahead of time (.pdf).
While Cook will say that “scrutiny is reasonable and appropriate,” he will assert that Apple refuses to make “concession on the facts” by agreeing that it is a monopoly. If anything, Cook will argue that Apple is no gatekeeper, but, through the App Store, has actually opened the gate to developers.
When Apple CEO Tim Cook takes questions from Congress on Wednesday, he’ll surely get an earful of software developers’ complaints about how the App Store operates. Chief among the criticisms will likely be the fact that Apple charges a percentage of revenue earned from in-app sales.
There’s not a bit of justification for any of these highly publicized complaints. They come from companies that want to have their cake and eat it, too.
Did you know it’s possible to merge multiple Ethernet ports into one on a Mac? The feature is simple to set up and can greatly increase speeds for those with super-speedy network connections.
We’ll show you how to set it up.