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Inside Apple's Pegatron Supply Chain In Shanghai
Monday, April 25, 2016 - 3:13pm | 275Read More...Bloomberg was offered an exclusive look at one of Apple Inc. (NASDAQ: AAPL)'s factories that has come under fire for forcing its employees to work long and grueling hours. The factory, owned and operated by Pegatron, collaborated with Apple to adopt new procedures to fix its labor related...
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Energous Gains 2% On Positive Reuters Mention
Friday, April 1, 2016 - 2:42pm | 185Read More...Shares of Energous Corp (NASDAQ: WATT) were trading higher by nearly 4 percent late Friday afternoon after the company's CEO issued encouraging statements to Reuters. Energous's CEO, Stephen Rizzone, told Reuters that his company is in talks to license its wireless charging technology to at least...
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Energous Jolts Higher To New 52-Week Highs Following New Agreement With Pegatron
Tuesday, March 29, 2016 - 2:05pm | 218Read More...Shares of Energous Corp (NASDAQ: WATT) were trading higher by more than 8 percent mid-Tuesday afternoon after earlier hitting a new 52-week high of $11.44. Investors and traders were bullish on the development-stage manufacturer of wire-free chargers (known as WattUp) for electronic devices after...
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New Apple Supplier Data Are Highly Correlated With Revenue
Tuesday, February 16, 2016 - 10:52am | 290Read More...In a new report, Stifel analyst Aaron Rakers looked at two of Apple Inc. (NASDAQ: AAPL)’s biggest suppliers to get a sense of what investors can expect for the company in Q1. According to Rakers’ numbers from Hon Hai Precision (Foxconn) and Pegatron, revenue in January was down...
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3 Apple Stories JPMorgan Is Following
Monday, May 18, 2015 - 1:44pm | 359Read More...In a report published Monday, JP Morgan analyst Rod Hall discussed three Apple Inc. (NASDAQ: AAPL) related stories he is following. Under-The-Radar Acquisition Apple acquired Coherent Navigation, a GPS start-up that makes high-accuracy GPS devices and software. According to Hall, the...
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Apple Responds To Allegations Made In BBC Documentary
Monday, December 22, 2014 - 2:31pm | 452Read More...BBC recently released a documentary that revealed poor working conditions at the Chinese factory Pegatron, one of the most prominent suppliers of Apple Inc. (NASDAQ: AAPL). CNBC’s Eunice Yoon on Friday reported on what Apple’s CEO Tim Cook had to say in response to the documentary...
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iPhone 6 Rumors Coming At A Dizzying Pace
Tuesday, March 18, 2014 - 10:01am | 478Read More...'Tis the season—for the Apple (NASDAQ: AAPL) rumor mill to ramp up production of the latest secret news out of China, artists’ rendition of the next generation iDevice, and analysts fighting for airtime as they release their newest estimates based on those rumors. In the last week, we’ve seen a...
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Apple Reduces iPhone 5C Orders By 50% From One Supplier
Wednesday, November 20, 2013 - 11:36am | 592Read More...Yet another sign that Apple's (NASDAQ: AAPL) plastic iPhone is not performing well at retail. According to DigiTimes, Pegatron (the chief manufacturer of the iPhone 5C) has had its orders reduced by more than 50 percent. This is especially significant because Pegatron has reportedly received 70...
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Is Apple's iPhone 5C The Biggest Flop Of The Year?
Monday, November 18, 2013 - 3:01pm | 486Read More...Apple (NASDAQ: AAPL) is unlikely to release specific sales figures for the iPhone 5C, but a new manufacturing report is very revealing. According to DigiTimes, Hon Hai Precision Industries (OTC: HNHPF) will stop producing the iPhone 5C at its Foxconn factory in Zhengzhou, northern China. The...
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Societe Generale Report Sends Apple Shares Higher Monday
Tuesday, October 22, 2013 - 7:04am | 453Read More...Shares of Apple (NASDAQ: AAPL) were up 2.45 percent Monday after a bullish analyst upgrade that found strength in Apple’s supply chain and possible weakness in the Android market. Societe Generale upgraded the stock to a “Buy” and raised its price target from $500 to $575. Apple is due to...
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Apple In The Spotlight Again For Labor Violations
Monday, July 29, 2013 - 12:26pm | 325Read More...Apple (NASDAQ: AAPL) is once again being accused of treating their workers unfairly. The Chinese human rights group, China Labor Watch, says Pegatron is committing safety, environmental and pay violations, according to the Wall Street Journal. Apple responded by saying: “Apple is committed to...
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Three Apple Stories You Might have Missed This Weekend (AAPL)
Monday, July 29, 2013 - 9:18am | 580Read More...Apple (NASDAQ: AAPL) made news this weekend that you might have missed. Here are three headlines to know about going into Monday’s trading session. The iPhone 5C A photo that appeared on a WeiPhone Forum shows a bin full of plastic retail boxes that say, “iPhone 5C.” Speculation over the...
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Two Tech Stories Making Headlines Thursday (AAPL, HPQ)
Thursday, July 25, 2013 - 12:10pm | 471Read More...Apple (NASDAQ: AAPL) and Hewlett-Packard (NYSE: HPQ) are front-and-center in tech news Thursday after two Asia-Pacific media outlets report key product offering developments. Apple The days of Apple being able to hide its upcoming products until a media event are gone, despite the company’s...
