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Nasdaq AAPL Apple

Did Investors Get Too Excited About the LiveWire SPAC News?

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Rivian Automotive (NASDAQ: RIVN) wins Motor Trend's "Truck Of The Year" award. Peloton responds to a fictional character dying on one of their bikes with a new commercial. Motley Fool analyst Jason Moser analyzes those stories and discusses the hidden upside of "seller's remorse.

Dow Analyst Moves: AAPL

4 years 10 months ago
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Apple is the #3 analyst pick. Apple Inc is also a top tier analyst pick among the broader S&P 500 index components, claiming the

SPLG, PSMJ: Big ETF Outflows

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Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR Portfolio S&P 500 ETF, where 10,100,000 units were destroyed, or a 4.0% decrease week over week. Among the largest underlying com

IVV, AAPL, AMZN, GOOG: ETF Inflow Alert

4 years 10 months ago
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P 500 ETF (Symbol: IVV) where we have detected an approximate $1.4 billion dollar inflow -- that's a 0.4% increase week over week

Apple Stock: Bull vs. Bear

4 years 10 months ago
It's hard to find fault with Apple (NASDAQ: AAPL) stock these days. The tech giant is the most valuable company in the world, with a market cap approaching $3 trillion, and its returns have bucked any concern about the law of large numbers. Apple stock is up more than 1,000% over

2 Top ETFs Revving Up in the Fast-Paced EV Market

4 years 10 months ago
The electric vehicle (EV) market is gaining strength across the globe, with more EVs on the road than ever before. As more and more investors want in on the party, it can be difficult to determine which stocks will soar like we've seen with Tesla. The possibilities are many, incl

Dutch Authorities Order Apple to Change its In-App Payments Policies

4 years 10 months ago

Netherlands’ Authority for Consumers and Markets (ACM) has said that Apple Inc.’s (AAPL) App Store broke the Dutch competition laws, and ordered changes to its in-app payment policies. Shares of the iPhone manufacturer closed at $176.28 on December 23.

Dutch Competition Laws

Apple has been facing severe criticism globally for its in-app payment policies, which require app developers to pay a commission of up to 30% on digital goods purchased via its app store.

Lately, the ACM has accused Apple of following anti-competitive policies, especially in the dating market app segment, after initiating a broader investigation into the company’s practices in 2019.

The regulator has ordered Apple to make changes to its in-app system to allow dating app service providers to use alternative payment systems. Failure to do so will result in a fine of up to $56.6 million (50 million euros). Apple has until January 15 to make the changes.

Company Comments

Responding to the statement, Apple said, “We disagree with the order issued by the ACM and have filed an appeal… Apple does not have a dominant position in the market for software distribution in the Netherlands, has invested tremendous resources helping developers of dating apps reach customers and thrive on the App Store.”

Following the news, global dating app provider Match Group (MTCH) said, “We applaud the ruling issued today by a Rotterdam Court affirming the ACM's decision that Apple's forced use of its in-app payment systems and other practices violate Dutch and EU competition law, and must be eliminated by January 15th.”

Wall Street View

Recently, Citigroup analyst Jim Suva raised the price target on the stock to $200 (13.5% upside potential) from $170, while maintaining a Buy rating.  

Suva lists 5 reasons for his optimistic view on the stock. These include robust revenue growth aided by strong iPhone demand; the much-awaited Apple virtual headset, which is expected to hit the markets in the second half of 2022; momentum in service revenue growth, which Suva believes will be unharmed by the regulatory hurdles; rewarding shareholders with dividends and stock buybacks; and the company’s plans of launching the Apple Car.

Overall, the stock commands a Strong Buy consensus rating based on 21 Buys, 4 Holds, and 1 Sell. The average Apple price target of $175.28 implies that shares are almost fully valued at current levels. Shares have gained 29% over the past year.

Risk Analysis 

According to the TipRanks Risk Factors tool, the FAANG stock Apple is at risk mainly from its Ability to Sell factor, which contributes 21% towards the total 28 risks identified for the stock. This is followed by an equal 18% risk from 3 other factors, namely Legal & Regulatory, Production, and Macro & Political.

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Best Dividend Stocks To Buy In 2022? 5 For Your Watchlist

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Are These The Best Dividend Stocks To Buy Right Now?Dividend stocks are increasingly sought after in the stock market now. This would be the case as many consider dividend stocks as a safe haven in times of volatility. With inflation rising and the threats from the Omicron varian

1 Top Dividend Stock to Buy for 2022 and Beyond

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Much of the time, when investors build a portfolio of dividend stocks, they have to compromise on growth. But if investors look close enough, there are some growth stocks that are also great dividend stocks. Perhaps the best example -- and a stock that coincidentally may be a gre
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