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Apple shares again slipped in Wednesday morning trading as one analyst says that the company needs to get ‘unstuck’ on innovation to improve growth. Adam Clark for Barron’s: ‎ The iPhone maker is contending with headwinds for the technology sector and is under pressure to show it is ready to compete in the field of artificial intelligence. D.A. Davidson analyst Gil Luria said Apple needs to get…

Apple dodges global supply chain woes with new MacBook Pro and AirPods launches

Apple shares today closed up $2.21 (+1.51%) to $148.76 one day after unveiling all-new powerful and efficient MacBook Pro models and new third generation AirPods, seemingly dodging global supply chain woes. “Despite supply-chain woes impacting several companies, Apple’s announcements suggest that it is significantly better at navigating these disruptions than other, small product…

Analysts rush to upgrade Apple price targets

Following a blowout all-time record earnings report on Wednesday, analysts on rushed to upgrade their Apple price targets. Apple Park in Cupertino, California Apple posted all-time record revenue of $111.4 billion, up 21 percent year over year, and quarterly earnings per diluted share of $1.68, up 35 percent. “Our December quarter business performance was fueled by double-digit growth in each…

Apple shares rise toward record high as analysts expect stellar earnings

Apple shares are approaching all-time record high territory as analysts expect a stellar earnings report from the company next Wednesday, January 27th, after market close. Apple Park, Cupertino, California Eric J. Savitz for Barron’s: Morgan Stanley analyst Katy Huberty on Thursday reiterated her Overweight rating on Apple stock and lifted her price target to $152 from $144. She writes that her…

Carrier wars seen boosting Apple iPhone 12 sales

According to analysts, wireless carriers eager to attract new subscribers to their 5G cellular networks are heavily promoting Apple’s iPhone 12 smartphones, which is likely to provide a lift to Apple’s December-quarter sales.

With iPhone 12, a sophisticated flat-edge design introduces the Ceramic Shield front cover for the biggest jump in durability ever on iPhone.

Patrick Seitz for Investor’s…

Uber’s ride-hailing business craters, but deliveries surge in pandemic

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By Kate Conger

OAKLAND: Uber is synonymous around the world with ride hailing. But as the coronavirus pandemic shows few signs of loosening its grip, the company may become more closely associated with another business: delivery.

Uber said Thursday that its ride-hailing business had cratered in the second quarter as people traveled less in the pandemic. The company’s revenue fell 29% to…

Coronavirus outbreak could boost Apple’s iPhone 12 sales

The coronavirus outbreak is expected to negatively impact Apple when the company reports Q220 earnings, but the virus could boost Apple’s iPhone 12 sales.

iPhone 11 advances the most popular smartphone in the world with meaningful innovations that touch areas customers see and use every day.

Daniel Howley for Yahoo Finance:

Analysts and investors aren’t responding with despair over lost sales,…

Apple’s iPhone is back and analysts say it’s here to stay

Wall Street analysts were heartened by a rebound in Apple iPhone sales after a year of decline. Analysts said strong demand for new models, spurred by trade-in programs and discounts on older models, mean’s Apple’s iPhone is back and it’s here to stay. At least 15 brokerages raised their price targets on the company’s stock on Wednesday.

iPhone 11 Pro and iPhone 11 Pro Max come in Midnight Green,…