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Information Technology : Technology Hardware, Storage & Peripherals | Large Cap Blend
Company profile

Apple Inc. designs, manufactures and markets mobile communication and media devices, personal computers and portable digital music players. The Company sells a range of related software, services, accessories, networking solutions, and third-party digital content and applications. The Company's segments include the Americas, Europe, Greater China, Japan and Rest of Asia Pacific. The Americas segment includes both North and South America. The Europe segment includes European countries, India, the Middle East and Africa. The Greater China segment includes China, Hong Kong and Taiwan. The Rest of Asia Pacific segment includes Australia and the Asian countries not included in the Company's other operating segments. Its products and services include iPhone, iPad, Mac, iPod, Apple Watch, Apple TV, a portfolio of consumer and professional software applications, iPhone OS (iOS), OS X and watchOS operating systems, iCloud, Apple Pay and a range of accessory, service and support offerings.

Price
Delayed
$118.71
Day's Change
-0.3133 (-0.26%)
Bid
--
Ask
--
B/A Size
--
Day's High
120.42
Day's Low
118.17
Volume
(Below Average)

Today's volume of 49,989,219 shares is on pace to be lower than AAPL's 10-day average volume of 143,014,761 shares.

49,989,219

UPDATE: Microsoft's new $499 Xbox Series X console is coming Nov. 10; Xbox Series S is $299 on same day

9:39 am ET September 12, 2020 (MarketWatch)
Print

By Jon Swartz

Microsoft and Sony Corp. both have new videogame platforms arriving this holiday season, though Sony has not offered a date or price for its PlayStation 5

It's official: Microsoft Corp.'s Xbox Series X console is coming Nov. 10 for $499 -- the same debut as the stripped-down $299 Xbox Series S.

Following a series of leaks, the software giant confirmed availability of the next-generation videogame consoles in an announcement Wednesday. An official launch trailer (https://www.youtube.com/watch?v=KHLfCFMKxPg) of the Series S was widely circulated on Tuesday.

Microsoft (MSFT) said the all-digital Series S uses the same CPU as the flagship Xbox Series X console, which comes with ray tracing, a lighting enhancement to make games look more realistic. "Xbox Series S delivers four times the processing power of an Xbox One console and supports experience up to 120fps," Liz Hamren, head of platform engineering and hardware at Xbox, said in a statement.

Both consoles can be purchased with monthly payment plans, starting at $24.99. Pre-orders begin Sept. 22.

The Xbox Series S is designed for new games timed to the new consoles' release, but rely on downloaded games because it will not have a Blu-ray disc drive. In a video posted on Twitter (TWTR) Tuesday, Microsoft says the Series S will be 60% smaller than Series X.

The Series S comes with a 512 GB solid state drive -- roughly half the capacity of Series X, which has a one-terabyte solid-state drive. Microsoft has said the Series X system will feature 1TB expansion port, a 4K UHD Blu-ray disc drive, and a wireless controller.

To offset limited storage, Xbox Series S will include the same removable storage port found on the larger Xbox Series X. (Microsoft isn't using a disc drive in the Xbox Series S.)

Microsoft and Sony Corp. (6758.TO) both have new videogame platforms arriving this holiday season, though Sony has not offered a date or price for its PlayStation 5.

Microsoft shares are up 5% in early-afternoon trading Wednesday.

-Jon Swartz; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

September 12, 2020 09:39 ET (13:39 GMT)

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