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Apple passes Microsoft to again become world’s most valuable company

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Apple passes Microsoft to again become world’s most valuable company
Apple is back on top, with a valuation higher than Microsoft. And Google, too.
Photo: Cult of Mac

A sharp rise in Apple’s share price allowed the Mac-maker to regain the title of publicly traded company with the highest market capitalization n the world. It beat out Microsoft, who’d held the top spot for less than a month.

An unconfirmed report of Apple’s aggressive plans to make self-driving cars helped drive a 6% increase over the past week.

Snap up some cheap AAPL stock while it’s tanking

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AAPL shares took a nosedive on Tuesday
Apple’s stock price went down quite a bit.Perhaps now’s the time to buy
Photo: Cult of Mac

Apple shares spent much of Tuesday down 4% in value. The AAPL selloff was part part of a general drop in tech stocks amidst fears of a rise in interest rates.

At one point during the day, the value of each AAPL stock had dropped about $5.30. That’s a decrease of roughly $88 billion in Apple’s $2.1 trillion market capitalization.

Update: Apple shares finished the day down 3.54%.

Why this week’s Apple earnings report is the most important in years

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Earnings call
Apple's Q1 2020 earnings report will probably break some records.
Photo: Jim Merithew/Cult of Mac

When Apple unveils its earnings report for last year’s crucial holiday quarter, the entire world will be watching for signs of the company’s long-rumored impending doom.

Several factors will make Tuesday’s Q1 2019 earnings call Apple’s most important in years. Depending on how it goes, it could have an enormous impact on the company’s stock’s performance in 2019 and beyond.

Why this is the perfect time to buy Apple stock

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iMac Pro
When a company has good long-term prospects, the time to buy shares is when others are getting out.
Photo: Apple/Ste Smith/Cult of Mac

It hasn’t been a great month to own shares of Apple. But if you’ve been considering getting in, one analyst says now is the time to buy.

Shares of the iPhone-maker have dropped 17 percent in less than two weeks. But this an overreaction to bad news from parts suppliers.

The big changes coming to iPhone 8, this week on The CultCast

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According to new reports, iPhone 8 is getting the big changes you've been waiting for.
According to new reports, iPhone 8 is getting the big changes you've been waiting for.
Photo: Ste Smith/Cult of Mac

This week on The CultCast: According to new reports, the iPhone 8 will get a huge makeover with an edge-to-edge screen, wireless charging, a huge battery and more. We’ll tell you everything we know. Plus: A 4K Apple TV is on the way; our favorite TV shows from days of yore; and the search for the perfect corn dog.

Our thanks to Squarespace for supporting this episode. It’s simple to accept Apple Pay and sell your wares with your very own Squarespace.com website. Enter offer code CultCast at checkout to get 10 percent off any hosting plan.

Apple stock surges on record-breaking Q1 2017 earnings

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AAPL stock chart
Apple's stock surged in after-hours trading after the company announced record-breaking Q1 2017 results.
Photo: Google Finance

Apple’s stock saw a big surge after the company announced record-breaking earnings for Q1 2017.

AAPL was up almost 3 percent in after-hours trading to $124.50. Apple stock has been climbing recently but was depressed in anticipation of today’s results.

Why Apple’s earnings call might be a shocker

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Apple raked in the cash last quarter.
Apple raked in the cash last quarter.
Photo: Jim Merithew/Cult of Mac

Apple is set to reveal how much money it made over the 2015 holiday shopping season, and per usual, it’s expected to be a record-breaker.

Tim Cook and Luca Maestri will dive into all the details of Apple’s Q1 2016 earnings report tomorrow at 2 p.m. Pacific but there’s really only one number Wall Street really wants to know: total iPhones sales. Even though Apple may record its highest earnings ever, some analysts are predicting that iPhone sales may have declined for the first time, which could send Apple’s stock price sinking.

Here are six things to watch for during Apple’s Q1 2016 earnings call: