Since Steve and I can’t cover everything, at the end of each week day, we’ll offer this wrap-up of news items you should check out.
Apple has updated the Apple App Store app for iPhones and iPads with redesigned search tools, introducing voice support.
Competition is heating up between Amazon and Apple, regarding which will pass the trillion dollar valuation mark first. But despite Apple still being ahead to the tune of approximately $949 billion to Amazon’s $888 billion, investors seem to believe that Jeff Bezos’ retail giant will be the one to set the record.
President Donald Trump said again that Apple planned to build new plants in the U.S. States in a speech at the White House touting the economy on Friday. However, the tech giant hasn’t announced plans to build factories in the US of A.
Gorilla Trades strategist Ken Berman is forecasting that Apple shares will outperform estimates when the company reports on July 31, sending the shares up more than 4% from current levels and pushing the company past the vaunted $1 trillion valuation.
Intel’s latest earnings report has shown 15% year-on-year growth for the second quarter of the 2018 financial year. That’s the good news. The bad: 10nm processors aren’t going to arrive on shelves until late 2019.