Offbeat Apple is this close to $1,000,000,000,000

09:57  02 august  2018
09:57  02 august  2018 Source:   cnn.com

Apple’s T2 chips may be causing problems on 2018 MacBook Pro and iMac Pro computers

  Apple’s T2 chips may be causing problems on 2018 MacBook Pro and iMac Pro computers Hot on the heels of the last MacBook Pro controversy about overheating concerns — which followed the previous uproar about keyboard issues, which, in turn, followed the original outrage about USB-C ports when the current design was first introduced — is yet another potential issue with Apple’s latest laptops. This time, it’s centered around the T2 chip that enables things like secure boot, better encrypted storage, and “Hey Siri” support. According to a report from Digital Trends, that chip may also be causing kernel panic crashes on both the recent 2018 MacBook Pros and last year’s iMac Pro, which also features the chip.

Why Apple could be the first $ 1 trillion company. Apple may come pretty darn close to finally topping a trillion dollar market valuation Wednesday. The stock price needs to clear 3 per share to hit the historic milestone.

iPhone X. Open menu Close menu. The first OLED screen that rises to the standards of iPhone, with accurate, stunning colors, true blacks, high brightness, and a 1 , 000 , 000 to 1 contrast ratio. More than 30,000 invisible dots are projected onto your face to build your unique facial map.

a hand holding a cellphone © Justin Sullivan/Getty Images

Apple may come pretty darn close to finally topping a trillion dollar market valuation Wednesday.

The stock price needs to clear $203 per share to hit the historic milestone.

Shares of Apple were trading at $198 shortly after the opening bell Wednesday, up more than 4% to an all time high. That lifted its market cap to just over $975 billion.

The price increase comes after the company reported strong earnings and a healthy outlook Tuesday.

Wall Street doesn't think it will take long for Apple's stock price to move past the trillion dollar threshold. The current consensus price target for Apple's stock is $210.64, according to Thomson Reuters Eikon.

Apple will repair devices damaged by flooding in Japan for free

  Apple will repair devices damaged by flooding in Japan for free Earlier this month heavy rain caused devastating flooding throughout western and central Japan, resulting in more than 200 deaths and causing millions to evacuate. Now, Apple has announced that it will repair devices damaged in the floods for free. Any repairable iPhones, Macs, iPads, iPods, Apple Watches and Apple displays directly damaged by flooding will be fixed by the company for no charge. Accessories are not included as part of the offer. Apple expressed its sympathy to those affected by the floods and wished for speedy reconstruction.

Close . Apple .com and the Apple Store sell iPhone models for use on these networks. You can also purchase an iPhone from an authorized Apple reseller.

Apple ’s iPhone X breaks the $ 1 , 000 price barrier but gives you plenty of reasons to want it anyway. After a lot of fumbling and missteps, you wonder: Am I an idiot, or is this thing’s maker out to crush my soul?

The most bullish Apple analyst on Wall Street, Brian White of Monness, Crespi, Hardt & Co., has a price target of $275 a share. That would value Apple at $1.35 trillion.

Apple isn't the only tech giant closing in on a trillion dollar mark though. Amazon is worth a $870 billion. Google owner Alphabet has a market valuation of nearly $850 billion. And Microsoft's market cap is now just under $815 billion.

Related: Watch CNNMoney's Markets Now live show for more about Apple stock

Wall Street has been speculating about which of these companies will hit the trillion dollar level first and how long it might be before all four of them are worth at least that much.

But if Apple, Microsoft, Google or Amazon eventually top the trillion dollar mark, none of them would be the first publicly traded company in the world to do so.

Oil giant PetroChina briefly surpassed a trillion dollar valuation in 2007 when its stock began trading in Shanghai, but shares quickly plunged. PetroChina, which is also listed on the New York Stock Exchange, is now worth about $210 billion.

I'll be talking about Apple and other tech stocks with Richard Quest on Wednesday's Markets Now live show at 12:45 ET.

Apple says it is monitoring Infowars app for content violations .
<p>Apple Inc said on Wednesday that an app belonging to popular conspiracy theorist Alex Jones remains in the company's mobile App Store because it has not been found to be in violation of any content policies.</p>The Infowars Official app has become the App Store's third most-downloaded news app this week after Apple removed access on Sunday to some of Jones' podcasts from its digital store. Apple had said the podcasts violated the company's rules against hate speech.

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