Tag Archives: aapl

Tech Stocks Rally Reverses After Apple Announcement

Wednesday afternoon, tech stocks broadly retreated as the highly anticipated Apple (AAPL) iPhone and Apple TV announcement event got underway. At 2:30 p.m. ET, the tech giant was just getting to its iPhone 6S and 6S Plus announcements, after introducing a new Siri voice-enabled Apple TV and the iPad Pro. Rallying techs on Tuesday helped the stock market turn a corner from market in correction to market in a confirmed uptrend. With volatility still

Why Netflix Shouldn’t Be Worried About Apple

Netflix (NFLX) shares have gotten slammed the past seven sessions, in part because of reports about Apple (AAPL) potentially getting into the original content game — but the video streamer’s stock is up sharply today. And as Apple announces new products and software updates at its special event Wednesday, Oppenheimer says that concerns about its Hollywood ambitions affecting Netflix are overblown. An Oppenheimer analyst reiterated his outperform

AT&T Earnings Lift From Phone Deals Seen Waning

Look for AT&T’s (T) earnings to get less of a lift from accounting tied to the financing plans that it provides for subscribers’ mobile phone purchases, says credit rater Moody’s Investor Service. Apple’s (AAPL) launch of the iPhone 6S later Wednesday is expected to continue a consumer shift toward installment and leasing options for their smartphones, instead of lower, subsidized upfront payments, with carriers making their money on monthly