Welcome back to ThisWeek in Apps, the Extra Crunch series that recaps the latest OS news, the applications they support and the money that flows through it all. The app industry is as hot as ever with a record 204 billion downloads in 2019 and $120 billion in consumer spending in 2019, according to App Annie’s recently released…
Apple is nearly worth more than the entire stock market of one of the world’s wealthiest countries, Australia. AAPL’s incredible run puts it’s valuation on the brink of $1.4 trillion which is where the Aussie ASX currently sits at record highs. Despite U.S. economic dominance it’s hard not to be a little unnerved by Apple’s…
Xnor.ai, spun off in 2017 from the nonprofit Allen Institute for AI (AI2), has been acquired by Apple for about $200 million. A source close to the company corroborated a report this morning from GeekWire to that effect. Apple confirmed the reports with its standard statement for this sort of quiet acquisition: “Apple buys smaller…
Apple stock’s PE ratio has doubled in the past 12 months. Investors are confident in the firm’s expansion into new markets and popularity of new products. Analysts still see a rally in the short-term despite criticism of overvaluation. The Apple stock (NASDAQ: AAPL) closed at $300.35 officially on Thursday, bringing the total valuation of the…
In 75% of previous instances, Apple split its stock at under half the price of its current value. The maker of iPhones is expecting a 5G supercycle in 2020. Apple is also viewed favorably on Wall Street with more than 80% of analysts issuing a buy rating on the stock. Apple (NASDAQ:AAPL) was the Dow’s…
With a combined valuation of $2.499 trillion, Apple and Microsoft have surpassed Germany’s stock market. Both conglomerates had an exceptionally strong 2019 with solid sales across many departments. These companies highlight the robustness of the U.S. economy. Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL) have surpassed Germany’s entire stock market in valuation amid the greatest…
Amazon Alexa can now play podcasts from Apple, making Amazon’s line of Echo devices the first third-party clients to support the Apple Podcasts service without using AirPlay. Before, this level of support was limited to Apple’s HomePod. According to Amazon, the addition brings to Alexa devices Apple’s library of more than 800,000 podcasts. It also…
Welcome back to This Week in Apps, the Extra Crunch series that recaps the latest OS news, the applications they support and the money that flows through it all. The app industry is as hot as ever, with 194 billion downloads last year and more than $100 billion in consumer spending. People spend 90% of their mobile time in…
As music streaming apps struggle to differentiate, Apple is making concert video a more central part of its strategy with tonight’s big Billie Eilish show at its HQ’s Steve Jobs Theater. The Apple Music Awards concert will be streaming live and then on-demand to Apple Music’s 60 million subscribers. Apple would like to do more…
Welcome back to This Week in Apps, the Extra Crunch series that recaps the latest OS news, the applications they support and the money that flows through it all. What are developers talking about? What do app publishers and marketers need to know? How are politics impacting the App Store and app businesses? And which…
