Tag Archives: aapl

Facebook, Google execs fill Forbes 100 tech richest rankings

Alibaba Group (BABA) CEO Jack Ma is the only non-U.S. billionaire to crack the top 10 in Forbes’ first-ever listing of the 100 richest people in the technology industry, which includes the widow of Apple’s (AAPL) Steve Jobs. Seven women made the Forbes list. Laurene Powell Jobs is the only person with Apple ties making the top 100. The list includes six people who work or have investment ties to Facebook (FB), five from Google (GOOGL) and three

IPhone Chip Suppliers Feel Burn As Apple Implodes

Apple (AAPL) shares got whacked again in the stock market today, and the stock’s plunge also looks to be affecting its chip suppliers, including Skyworks Solutions (SWKS), Cirrus Logic (CRUS) and Qorvo (QRVO). Shares sank as much as 4.3% in huge volume Tuesday, dropping to their lowest level in more than six months. The stock has now fallen for 10 out of the past 11 straight sessions. In Monday’s session, the stock broke below its 200-day moving

Apple experiences gravity, falls on growth concerns

Apple (AAPL) stock endured a second straight day of heavy selling Tuesday as institutional investors bet that the company is entering a slow-growth stage. Apple stock fell as much as 4.4% on Tuesday in above-average trading volume, to a six-month low. In afternoon trading, Apple was down 3%, near 115, on the stock market today. Apple hit an all-time, split-adjusted high of 134.54 on April 28. It had been as high recently as 132.97 on July 20, but