Apple Inc
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Information Technology : Technology Hardware, Storage & Peripherals | Large Cap Growth
Company profile

Apple Inc. designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories, and sells a variety of related services. The Company’s products include iPhone, Mac, iPad, and Wearables, Home and Accessories. iPhone is the Company’s line of smartphones based on its iOS operating system. Mac is the Company’s line of personal computers based on its macOS operating system. iPad is the Company’s line of multi-purpose tablets based on its iPadOS operating system. Wearables, Home and Accessories includes AirPods, Apple TV, Apple Watch, Beats products, HomePod, iPod touch and other Apple-branded and third-party accessories. AirPods are the Company’s wireless headphones that interact with Siri. Apple Watch is the Company’s line of smart watches. Its services include Advertising, AppleCare, Cloud Services, Digital Content and Payment Services. Its customers are primarily in the consumer, small and mid-sized business, education, enterprise and government markets.

Day's Change
3.45 (2.32%)
B/A Size
Day's High
Day's Low
(Above Average)

Today's volume of 66,464,016 shares is on pace to be greater than AAPL's 10-day average volume of 64,624,760 shares.


Alibaba stock extends corrective bounce after pledge to spend $15.5 billion for 'common prosperity' amid regulatory scrutiny

10:20 am ET September 2, 2021 (MarketWatch)

Shares of Alibaba Group Holding Ltd. (9988.HK) rose 0.8% in morning trading Thursday, to put them on track for a fourth straight gain, even as the China-based e-commerce giant continued to face regulatory scrutiny. The stock has rallied 9.6% over the past four sessions, and has corrected 10.6% since closing at a 2-year low of $157.96 on Aug. 20. Many on Wall Street view a rise, or fall, of at least 10% to up to 20% from a significant low or high as a correction, while moves of 20% or more are considered new bull or bear markets. Chinese regulators criticized ride-hailing companies, including Alibaba's AutoNavi, for using false promotions and making use of unqualified drivers and cars, according to a notice posted on the Ministry of Transportation's social media account, according to a Dow Jones Newswires report. Separately on Thursday, Alibaba vowed to spend RMB100 billion, or about $15.5 billion, by 2025 for the government's "common prosperity" drive, according to report in The Wall Street Journal, at a time that regulators were clamping down on technology giants for contributing to social divides. Alibaba's stock has dropped 20.4% over the past three months, while the iShares MSCI China ETF (MCHI) has lost 13.5% and the S&P 500 has gained 7.8%.

-Tomi Kilgore


(END) Dow Jones Newswires

September 02, 2021 10:20 ET (14:20 GMT)

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