Apple Inc.

AAPL

US0378331005

Phones & Handheld Devices

Market Closed - Nasdaq Other stock markets 18:00:00 03/07/2024 BST			5-day change	1st Jan Change
221.6 ^USD	+0.58%		+3.48%	+15.07%

07-04	Apple removes 25 VPN apps from its online store in Russia, Interfax reports	RE
07-04	Russia says Apple blocks 25 VPN apps in Russia, IFX reports	RE

Apple to drop key Broadcom chip in 2025 for in-house design - Bloomberg News

January 09, 2023 at 09:24 pm

(Reuters) - Apple Inc plans to drop a Broadcom Inc chip used in its devices in 2025 and use an in-house design instead, Bloomberg News reported on Monday, according to people familiar with the matter.

The iPhone-maker is also swapping out Qualcomm Inc for homegrown modems, according to the report.

Apple, Broadcom and Qualcomm did not immediately reply to Reuters' requests for comments.

(Reporting by Yuvraj Malik in Bengaluru)

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
BROADCOM INC.	1,729 USD	+4.33%	+8.98%	805B
APPLE INC.	221.6 USD	+0.58%	+3.48%	3,397B
QUALCOMM, INC.	203.8 USD	+1.82%	+4.44%	227B

Latest news about Apple Inc.

Apple removes 25 VPN apps from its online store in Russia, Interfax reports	07-04	RE
Russia says Apple blocks 25 VPN apps in Russia, IFX reports	07-04	RE
AI frenzy expected to have boosted Samsung Q2 profit 13-fold	07-03	RE
Global markets live: Eli Lilly, Apple, Walmart, Shell, Rio Tinto...	07-03
Universal Display to See Revenue Growth Acceleration With New Smartphone Cycle, Oppenheimer Says	07-03	MT
Jerome Powell did it again	07-03
Apple Supplier Foxconn Asked About Hiring Practices in India	07-03	MT
Apple Petitions China Court to Remove Language Describing its Market Power	07-03	MT
Apple's Phil Schiller to Join OpenAI Board as Observer	07-03	MT
Social Buzz: Wallstreetbets Stocks Mixed Pre-Bell Wednesday; Tesla to Advance, Reddit to Decline	07-03	MT
Indian officials visit Foxconn iPhone plant, question executives about hiring	07-03	RE
FOXCONN TOLD INDIAN OFFICIALS WHO VISITED PLANT IT DOE…	07-03	RE
Wall Street: record-breaking start to the first half of the year	07-03	CF
Asian stocks climb on US rate-cut bets; currencies tepid	07-03	RE
Former Apple Attorney Hit with $1.15 Million Penalty for Insider Trading	07-02	MT
Apple poised to get OpenAI board observer role as part of AI pact, Bloomberg News reports	07-02	RE
Apple ex-lawyer ordered to pay $1.15 million SEC fine for insider trading	07-02	RE
Tesla, megacaps drive S&P 500, Nasdaq higher; rates outlook in focus	07-02	RE
Wall St edges lower as Powell signals caution; Tesla jumps after delivery data	07-02	RE
Wall St set for lower open as megacaps retreat with jobs data, Powell in focus	07-02	RE
Australia's eSafety Commissioner Gives Tech Firms Six Months to Draft Child-Safety Codes for Graphic Content	07-02	MT
Social Buzz: Wallstreetbets Stocks Mostly Lower Premarket Tuesday; Tesla, Nvidia to Decline	07-02	MT
Futures drop as megacaps retreat ahead of key jobs data	07-02	RE
European regulators crack down on Big Tech	07-02	RE
Analysis-Echoes of dotcom bubble haunt AI-driven US stock market	07-02	RE

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Company Profile

Apple Inc. specializes in the design, manufacture and marketing of computer hardware and music supports. Net sales break down by family of products and services as follows: - telephone products (52.1%): iPhone brand; - peripheral devices (10.5%): screens, storage systems, printers, video camera, memory cards, server, switches, etc.; - computers (10.2%): laptops (MacBook, MacBook Air and MacBook Pro brands) and PCs (iMac, Mac mini, Mac Pro and Xserve); - music support (7.4%): music readers iPod and iPad and accessories; - other (19.8%): software, maintenance service and Internet access service, etc. Net sales are distributed geographically as follows: Americas (42.4%), China/Hong Kong/Taiwan (18.9%), Japan (6.3%), Asia/Pacific (7.7%) and Europe/India/Middle East/Africa (24.7%).

Sector

Phones & Handheld Devices

Calendar

23/07/2024 - Q3 2024 Earnings Release (Projected)

Related indices

Dow Jones Industrial , S&P 500

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Income Statement Evolution

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Analysis / Opinion

Apple's China IPhone Shipments Jump 40% Following Discounts

June 28, 2024 at 08:43 pm

Apple's AI Strategy Seen Driving Revenue, Earnings Growth Faster Than Expected, Oppenheimer Says

June 28, 2024 at 06:01 pm

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Ratings for Apple Inc.

Trading Rating

Investor Rating

ESG Refinitiv

A-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

221.6 USD

Average target price

211.7 USD

Spread / Average Target

-4.44%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Phones & Smart Phones

	1st Jan change	Capi.
APPLE INC.	+15.07%	3,397B
XIAOMI CORPORATION	+7.95%	53.96B
SHENZHEN TRANSSION HOLDINGS CO., LTD.	-25.03%	11.57B
WINGTECH TECHNOLOGY CO.,LTD	-35.07%	4.77B
ITI LIMITED	+1.69%	3.56B
SHANGHAI LONGCHEER TECHNOLOGY CO., LTD.	0.00%	2.34B
REEDER TEKNOLOJI SANAYI VE TICARET ANONIM SIRKETI	+52.69%	986M
FIH MOBILE LIMITED	+45.90%	888M
SPROCOMM INTELLIGENCE LIMITED	+3.59%	339M
IWATSU ELECTRIC CO., LTD.	+88.71%	132M

Phones & Smart Phones

Apple Inc.

Equities

AAPL

US0378331005

Phones & Handheld Devices

Apple to drop key Broadcom chip in 2025 for in-house design - Bloomberg News

Stocks mentioned in the article

EPS Revisions