Tag Archives: aapl

‘Battle Of Titans’: Apple Supplier Avago, Intel Clash

Apple (AAPL) chip supplier Avago Technologies (AVGO) is already eyeing the iPhone 7 anticipated to arrive in September or a bit earlier, but Wall Street sees a new “battle of titans” as the chipmaker scraps against Intel (INTC) for data center market share. Avago stock rocketed to a six-month high and was up 10% in afternoon trading on the stock market today, near 145, after the chipmaker reported late Wednesday posted fiscal Q4 earnings that

Apple Watch closing in on Fitbit for wearables lead

Fitness band maker Fitbit (FIT) continues to lead the wearable device market by worldwide unit shipments, but smartwatch maker Apple (AAPL) is catching up. Fitbit grabbed 22.2% market share in the third quarter, shipping 4.7 million devices, research firm IDC reported Thursday. But that’s down from 24.3% market share in the second quarter. Meanwhile, Apple narrowed the gap with Fitbit in Q3, shipping 3.9 million Apple Watch units. It remained in

Apple Supplier Avago Smashes Sales, Earnings Records

Avago Technologies (AVGO) stock jumped late Wednesday after the Apple (AAPL) supplier reported fiscal Q4 and full-year 2015 earnings that topped Wall Street, with 2015 EPS jumping 83% from fiscal 2014. Wireless sales growth helped pushed fiscal 2015 revenue to a record, CEO Hock Tan said in the company’s press release. Avago stock was up nearly 8% in after-hours trading, after the company released its earnings. Apple and fellow Apple suppliers NXP