Worried About Apple Stock Now That the Company's Lost the Smartphone Lead? Read This Before Making Any Big Moves [Yahoo! Finance]
Apple Inc. (AAPL)
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Source: Yahoo! Finance
The setback was so stark, in fact, that Apple (NASDAQ: AAPL) lost the top spot in the world's smartphone market share race that it held just a quarter earlier! As is too often the case, though, such headlines fail to include a great deal of important context. Here's the rest of what you need to know about this week's news before deciding whether you need to dump your stake in Apple stock. The iPhone loses its top spot ... again The data comes from technology market research outfit IDC. In its most recent look at worldwide smartphone shipments, it reported that Apple delivered 50.1 million iPhones during the three months ending in March. That's 10 million fewer than the number Samsung (OTC: SSNL.F) delivered in the same quarter. That's also a marked difference from the final quarter of last year when 80.5 million iPhones were shipped versus Samsung's count of 53 million. This market-share shift led Reuters to write a story with the headline "Apple loses top phonemaker spot to S
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- S&P 500, Nasdaq 100 Snap 5-Month Winning Streak In April As Inflation Reality Check Hits Bullish Sentiment [Yahoo! Finance]Yahoo! Finance
- iOS 18: New Cutting-Edge iPhone AI Features Leak In Latest Report [Forbes]Forbes
- iOS 17.5 beta lets you keep Find My on during iPhone repairs [Verge, The]Verge, The
- Apple's latest AirPods Pro with USB-C have returned to their all-time low [Verge, The]Verge, The
- Nasdaq composite today: The tech-heavy Nasdaq closed up 7.04% [USA TODAY]USA TODAY
AAPL
Earnings
- 2/1/24 - Beat
AAPL
Sec Filings
- 4/17/24 - Form 4
- 4/15/24 - Form 4
- 4/15/24 - Form 4
- AAPL's page on the SEC website