Headquartered in Cupertino, CA·Fiscal year ends September·NASDAQ: AAPL·apple.com
About Apple
Apple Inc. designs, manufactures and sells consumer hardware, software and services. Its product categories are:
- iPhone, the largest category, which includes the newly launched iPhone Duo, iPhone 18 Pro and iPhone 18 Pro Max.
- Mac, which now offers Touch for the first time.
- iPad.
- Wearables, Home and Accessories, including AirPods, Apple Watch, Apple Vision Pro and a newly introduced generation of home hardware.
Apple's six software platforms are iOS, iPadOS, macOS, watchOS, visionOS and tvOS. Its Services business includes the App Store, Apple Music, Apple Pay, iCloud and Apple TV, and it recently introduced an all-new Siri AI assistant. Services is a growing, higher-margin revenue stream driven by a large and expanding installed base of active devices.
Apple reports geographic segments for the Americas, Europe, Greater China, Japan and Rest of Asia Pacific. It relies on third parties for components, manufacturing, compute and content. The company returns substantial capital to shareholders through share repurchases and quarterly dividends, and employs more than 150,000 people. Updated
One of the most cash-rich companies on earth is borrowing across seven tranches, joining Meta, Alphabet and Oracle in a high-grade supply wave. Pricing here becomes the benchmark every other tech issuer gets measured against.
APPLE $AAPL KICKS OFF A SEVEN-TRANCHE, INVESTMENT-GRADE U.S. DOLLAR BOND OFFERING.
A seven-part deal from the most cash-rich borrower in tech sets the pricing benchmark every other high-grade issuer in this week's supply wave gets measured against.
APPLE KICKS OFF SEVEN-PART US DOLLAR HIGH-GRADE BOND SALE
Cramer ties Apple's 5.3% jump and record high to hopes midterm results slow data center building and cap DRAM prices
T-Mobile's new plans cut the $2,000 iPhone Duo to as low as $800 in family bundles, protecting Apple volumes
Microsoft rose 6.7% and Amazon 6.1% on the idea cheaper, scarcer data centers enforce capex discipline
AMD's big beat finished up only 1%; Nvidia fell 6.5% on the day, down from $239 to about $200
Cramer's read flips the AI trade on its head: regulation that curbs data center construction relieves memory costs for Apple and spending pressure for Microsoft and Amazon, while hitting the chipmakers that need the build to continue. He cautions the move is only a one-day trade, with Friday's payroll report capable of undoing much of it.
A 5.99% move to $351.77 is a rare single-day jump for a $5.1 trillion company, adding roughly $300 billion in market value in one session. Moves that size in the market's largest name pull the whole index with them.
A 3.09% intraday move to $352.57 is rare air for the world's largest company: it adds roughly $150 billion in market value in a single session. Moves that size on a $5.1 trillion base pull the whole index with them.
Cramer calls the mega caps millstones: Nasdaq rose 0.83% while the Dow fell 197 points
Strong after-hours results from AMD and Arista Networks as proof non-Magnificent-Seven tech can lead
Oracle's $10 billion block priced at $116 and traded to $126, a sign buyers see a floor in tech
Wants a crescendo washout before committing more; Apple's reaction and a Palantir selloff weighed
The leadership baton is being passed to second-tier data center names, and Cramer would rather own companies with clean balance sheets than the big caps issuing debt and equity to stay in the AI race. He is not calling a bottom yet: without a high-volume reversal day, he keeps money elsewhere.
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