Have you checked out AAPL StockTwits? Apple (NASDAQ: AAPL) is one of the most popular stocks on social media platforms. StockTwits is like Twitter for stocks. So news, rumors, and opinions are posted on there every day. Traders pay attention to what’s posted to get a potentially better entry on a trade. Apple is considered one of the cult stocks.
Other popular cult stocks that are talked about in the StockTwits community are Tesla (NASDAQ: TSLA), Nvidia (NASDAQ: NVDA), and Palantir (NYSE: PLTR).
AAPL StockTwits News, Quotes, and Updates
Here’s how to research AAPL StockTwits news, quotes, and updates:
- Log in to StockTwits
- Locate the search bar
- Type in the stock symbol AAPL
- AAPL premarket, charts, symbols, and financials are displayed
- Locate their latest news here
This is an example of AAPL on StockTwits. Follow the Bullish Bears profile here.
Apple History
Apple Inc. (NASDAQ: AAPL), previously known as Apple Computers, was founded in 1976 by Steve Jobs and Steve Wozniak. Back then, computers used to be very big, and the two wanted to make a small, user-friendly computer that could easily fit in people’s homes and offices.
Jobs and Wozniak built their first computer, the Apple I, and sold it without a monitor and keyboard. One year later, they introduced the Apple II, which revolutionized the computer industry.
Apple went public in 1980. It did well throughout the 80s, with profit hitting an all-time high in 1990. However, the company struggled to boost revenue in the mid-90s.
Jobs made some changes around the company. He partnered with Microsoft to build a Mac version of its famous office software. The move significantly helped Apple to revive its sales. Afterward, the company launched a personal laptop called the iBook.
New Territories
Apple stepped into new territories in the early 2000s. They launched the MP3 player iPod and media software iTunes, quickly becoming a highly profitable Apple business. Its stock’s value jumped more than tenfold between 2003 and 2006.
In 2007, Jobs renamed Apple Computer to Apple Inc., as the company shifted its focus to consumer electronics from computers. The same year, Apple launched its first iPhone, forever changing the smartphone market.
It sold 270,000 iPhones within its first weekend following its launch. The iPhone became a game-changer for Apple in the coming years.
In 2008, the company 2008 launched its App Store to sell third-party apps for the iPhone and iPod Touch. Stores started generating an average revenue of $1 million daily within a month and sold about 60 million apps in the same period. The tremendous success of the iPhone made the company the world’s third-biggest cell phone supplier.
In January 2010, the company rolled out its first iPad model, a tablet-like media device with a big display. The same operating system powers the iPad as the iPhone.
More than 300,000 iPads were sold on the launch day. In the same year, Apple surpassed Microsoft in terms of market value. AAPL StockTwits would have a field day with all the products Apple has produced. We have a review on StockTwits if you want to read more about them.
Top Tech Company
In June 2011, Jobs introduced an online storage and syncing platform called iCloud. It was the last product launched under Jobs’s leadership before his death later that year. In the following years, Apple continued its growth by capitalizing on the success of its iPhone models.
In June 2016, Apple appeared as a top technology company on the Fortune 500 list. The company made several acquisitions and invested in many startups over the years.
Its first acquisition occurred in March 1988, when it bought Network Innovations. In the early 2000s, it purchased Emagic. In 2014, it acquired Beats Electronics for $3 billion.
Then, in May 2016, the company invested $1 billion in China-based DiDi, a ride-sharing company. These are just a few of the company’s many acquisitions and investments during its decades-long journey.
Apple is still one of the top tech companies in the world. Their market cap and valuation exceed $3 trillion.
AAPL StockTwits Breaking News
StockTwits is a great place to go if you want news on stocks. You can look for specific stocks and find the happenings and goings-on of the stock. AAPL StockTwits news is no different. If you’re looking for more news, you can check out FinTwit. It’s a free way to get news, so you don’t have to spend money on a news service if you don’t want to.
Apple is reorganizing its AI leadership. Mike Rockwell, previously the head of Visions Product Group, has been brought on to oversee AI for Siri. There have been many delays in Siri’s AI despite the heavy promotion.
The EU has also accused Apple of violating the EU Digital Markets Act by not making its operating systems accessible to competitors.
This can result in fines of up to 20% of the company’s global revenue for 2024. That’s a lot of money. You can find all this news on AAPL Stocktwits.
Quotes on AAPL StockTwits
Speaking on the results, CEO Tim Cook said, “We’re gratified by the enthusiastic customer response to the unmatched line of cutting-edge products that we delivered across a historic holiday season. We’re also focused on how we can help the communities we’re a part of build back strongly and equitably through efforts like our Racial Equity and Justice Initiative and our multi-year commitment to invest $350 billion throughout the United States.”
iPhone sales in the quarter climbed 17 percent year-over-year to about $65.6 billion, above the consensus forecast of $59.8 billion. The total number of active iPhone users globally crossed the 1 billion mark, mainly helped by strong demand for the iPhone 12.
Chief financial officer Luca Maestri said, “Our December quarter business performance was fueled by double-digit growth in each product category, which drove all-time revenue records in our geographic segments and an all-time high for our installed base of active devices.
These results helped us generate a record operating cash flow of $38.8 billion. We also returned over $30 billion to shareholders during the quarter as we maintain our target of reaching a net cash-neutral position over time.”
Strong Results
Strong results prove Apple’s strength, as it managed to thrive even during the difficult operating environment caused by the pandemic. Many of its stores remained closed during the peak of the COVID-19 crisis.
Nevertheless, its loyal user base continues to upgrade to the new iPhone models launched yearly, helping the company boost its revenue.
If we look at the performance of different segments, Mac revenue jumped to $30 billion, iPad revenue came in at $11.75 billion, and revenue from the services business hit $96.17 billion. Service businesses include music, cloud storage services, and television bundles.
Moreover, revenue in its wearables and accessories business climbed to $37 billion. This makes up 9% of Apple’s total revenue.
Why Apple Fell Recently
Apple stock has remained under pressure. Prices have fallen despite the recent tech sector boom, even though they have the largest market cap in the tech sector.
APPL continues to see heavy selling pressure because they haven’t delivered the promised AI capabilities for Siri.
As a result, they’re behind on new and innovative tech. There’s a rivalry between Samsung and iPhone users in that regard. Samsung is seen as being more high-tech unless you’re an Apple disciple.
Apple stock still has a bullish outlook, however. Analysts believe that by 2026, the stock will be trading at over $300.You can always check AAPL StockTwits for news, trades, thoughts, and ideas.
Final Thoughts: AAPL StockTwits
Now you know that AAPL StockTwits is there for news and opinion. With that in mind, take what you see with a grain of salt—especially the opinion part. Don’t buy a stock based on someone’s opinion. Sure, you can look at it. But don’t allow it to drive your decision.