What Apple’s partnership with Amazon means Amazon announced Friday that in the coming weeks, customers in the U.S., U.K., France, Germany, Italy, Spain, Japan and India will start to see the latest versions of the iPad, iPhone and Apple Watch and Beats headphones selling on the site, with Apple as the verified seller. (Digiday)
Nearing channel support below with trendline alerts on both the top and bottom of this price channel.
Apple has a plan B as iPhone demand peaks; many suppliers don't In a world where iPhone demand is on the wane, Apple can fall back on charging higher prices for each handset and raking in more money from services such as streaming music, digital videos and data storage. But there's no back-up for many of the companies that supply components for the iPhone. (Ad Age)
Alert triggered at support! The daily lower indicators are starting to creep up near the weeklies (dotted lines). The MACD is trying to curl as well.
Apple is recruiting chip engineers to work in Qualcomm's backyard Apple Inc. is aggressively hiring engineers in Qualcomm Inc.’s home base of San Diego, seeking designers to develop wireless components and processors that would further weaken the chipmaker’s chances of supplying chips for the iPhone maker’s future devices. (Los Angeles Times)
A hammer is attempting to form on the weekly candle here. Two days left so a lot can happen with the price but something to keep an eye on.
China bans sale of most iphones https://www.cnbc.com/2018/12/10/app...junction-in-china-bans-most-iphone-sales.html Apple recovers losses after Chinese court bans sale of most iPhones A Chinese court ordered a ban on most iPhone sales in the country as part of two preliminary injunctions. Qualcomm sought the injunctions, alleging Apple violated two of its patents. Apple denies violating the patents and says the scope of the iPhone ban in China goes beyond what the injunction calls for. Apple recovered from earlier losses Monday after a Chinese court banned the import and sale of most iPhone models in the country as part of an injunction. The stock fell as much as 3 percent, but ended the day up 0.7 percent. Qualcomm requested the injunction for alleged patent violations and announced the news in a statement Monday morning. Qualcomm alleged that Apple violated two patents it holds on features that let users reformat the size and appearance of photos and manage applications on a touch screen when navigating through phone apps. The two preliminary injunctions were granted by the Fuzhou Intermediate People's Court in China. Apple says that it did not violate these patents and that the ban goes beyond the scope of the injunction itself.