Apple Can Sell Power as Tech Giants Boost Energy Investments Apple Inc., which spent $850 million last year on a 130-megawatt solar farm near San Francisco, can begin selling power into wholesale markets in the latest foray by a technology company into the energy business. Apple’s subsidiary Apple Energy LLC may sell energy, capacity and other services needed to maintain reliable power, according to an order by the Federal Energy Regulatory Commission Thursday. In granting approval, the commission determined the company did not raise the risk of being able to unfairly hike up power prices. The iPhone maker is among a group of companies investing in energy projects in a bid to tackle global warming and cut electric bills. Google, Microsoft Corp. and Amazon.com Inc. are backing wind turbines and solar farms to power their operations and lower their carbon footprint. Read more: http://www.bloomberg.com/news/artic...power-as-tech-giants-boost-energy-investments
When valuation was deemed low it dropped over 20% on us, now with top line Rev down 15% and EPS down 23% it is running, classic Casino
The Bulls have the upper hand but close below $107.50 may give the bears some energy to regain control for now nothing to worry about
Oh well, you've got to have balls to short $AAPL now Do you really think it's going to drop low enough?
CCI is losing ground and not a good sign but recent bullish resurgence is not over thought tested. Bears are closer to the backyard.
Apple CEO Tim Cook has confirmed the company’s ambition towards VR and AR In a recent interview with The Washington Post, Apple Inc. CEO Tim Cook once again discussed the company’s ambitious plans regarding augmented reality. Mr. Cook stated that the company is doing its utmost to strive and accelerate in the field of augmented reality. He further went on to state that augmented reality is very crucial to the company’s success, as it is a core technology which could potentially change everything related to how we live our daily lives. This is the first time that Mr. Cook has definitely confirmed that Apple has augmented reality projects in the work, having previously admitted that the company would be interested in investing in the upcoming technology if the opportunity presented itself. The main difference between augmented reality and virtual reality is that the former augments virtual elements onto the real world, while the latter does not. Interestingly, Apple has reportedly set up a large division where it employs workers to exclusively work on projects related to augmented reality. Recently, the tech giant has been busy poaching some of the best known talent in the field of AR and VR in order to boost its own upcoming projects. This was recently highlighted by the fact that Apple poached Nick Thomas who was previously employed by Microsoft to work on its VR HoloLens project as a head engineer. Also, Apple has acquired a number of augmented reality specialist firms, including German based AR Company Metaio and PrimeSense which are responsible for assisting in the development of Microsoft’s Xbox Kinect. Even though Tim Cook did not go into details regarding how Apple will pursue its AR and VR projects but these recent statements definitely highlight the growing importance and possible application of the futuristic technology. It will be interesting to see how the tech giant incorporates AR and VR in its upcoming devices in order to better compete with its rivals which are highly expected to follow a similar path. Read more: http://www.thecountrycaller.com/609...-big-waves-in-the-world-of-augmented-reality/
Warren Buffett loaded up on more Apple shares in the second quarter Warren Buffett's Berkshire Hathaway bought more Apple shares in the second quarter, according to its latest 13-F filing. The regulatory filing showed that the company bought 5.42 million Apple shares to bring its tally to 15.2 million, and valuing its stake in the tech giant at $1.46 billion. Read more: http://www.businessinsider.com/berk...e-apple-shares-in-q2-13-f-filing-shows-2016-8
Held the AAPL 109 calls overnight. Plenty of hype on the Buffet news, could be a nice early profit today. 110.50-112 next key area
tim cook is in china unannounced visit, am actually starting to like tim cook as a CEO he gaining a look of coverage recently