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Peloton’s stock soars 30% after company names Apple Fitness+ co-founder as new CEO
Peloton announced the appointment of Peter Stern as new CEO effective Jan. 1. Stern is the co-founder of Apple Fitness+ and has done stints at Ford Motor Co. and Time Warner Cable.Business - MarketWatch - October 31 -
Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO
Peloton on Thursday said it has appointed Peter Stern, a Ford executive and the co-founder of Apple Fitness+ to be its next CEO and president.Top stories - NBC News - October 31 -
Apple sells $46 billion worth of iPhones over the summer as AI helps end slump
Apple snapped out of a recent iPhone sales slump during its summertime quarterTech - ABC News - October 31 -
Apple reports robust demand for iPhone 16 even as overall sales in China slow
Company reports $94.9bn in revenue, slightly beating Wall Street projections in first look at demand for its new phone. Apple reported strong demand for the iPhone 16 in its quarterly earnings ...World - The Guardian - October 31 -
Apple's services unit is now a $100 billion a year juggernaut after 'phenomenal' growth
Apple's services business has become a critical part of the company's appeal to Wall Street over the past decade.Business - CNBC - November 1 -
Apple stuck it to the naysayers with better-than-feared financials, emerging iPhone 16 demand
While maintaining our wait-for-a-pullback 2 rating for the time being, we're increasing our price target to $250 per share from $240.Business - CNBC - November 1 -
Apple Announces $46 Billion in Global iPhone Sales as AI Helps End Slump
Putting artificial intelligence tech into its flagship product ensured the summer quarter had a positive turnaround.Business - Inc. - November 1 -
Warren Buffett continued to sell down his Apple stake, cutting about a quarter in the third period
The Oracle of Omaha downsized Apple — his biggest equity holding — for a fourth quarter in a row.Business - CNBC - November 4 -
Berkshire’s Apple position now down by two thirds in 2024 after latest sales
Warren Buffett’s Berkshire Hathaway unloaded 25% more of its Apple position during the third quarter.Business - MarketWatch - November 2 -
Where Jim Cramer stands on Apple after more selling from Warren Buffett's Berkshire
Berkshire sold another chunk of Apple stock, cutting its stake by about 25% during the third quarter.Business - CNBC - November 4 -
Nvidia briefly overtakes Apple as world's most valuable company—it began in a breakfast booth at Denny's
Nvidia briefly surpassed Apple as the world's most valuable company by market cap on Monday. Here's the story behind the AI chipmaker's unlikely rise.Business - CNBC - November 5 -
How Apple’s Asking Its Staff About Its AR Goggles Shows Great Leadership
The company is telling employees it’s hired the smartest minds available to develop new products, so asking them to guide its ‘next big thing’ is a smart move.Business - Inc. - November 6 -
Apple deftly navigated Trump's first term. The second one brings new challenges
Wall Street analysts say Trump's proposed tariffs could spell trouble for Apple. But regulatory scrutiny may ease.Business - CNBC - November 6