Apple is no longer a $1 trillion company


by Mashable

Mashable— Apple, the first ever U.S. company to be valued at $1 trillion, is no longer worth $1 trillion. News of Apple’s demotion — now once again slumming it as one of the companies worth only hundreds of billions of dollars — came as the result of a domino effect of negative press for the company. Already feeling market pressure after announcing a change to how the company was going to report quarterly sales, a new report delivering bad news related to the latest iPhone has extended those woes. SEE...

TechCrunch—Apple rolls out watchOS 5.1.1 after earlier Apple Watch bricking issues. Apple has rolled out watchOS 5.1.1, less than a week after the company pulled its immediate predecessor, watchOS 5.1, following reports that the software was bricking some Apple Watches. The update also includes bug fixes for the Walkie-Talkie app and an additional issue where some Activity rewards were not displayed. watchOS 5.1 initially went out […]

AppleInsider—Apple ships watchOS 5.1.1 update without Apple Watch bricking bug. Apple has unexpectedly shipped an update to watchOS bringing it to version 5.1.1, a release of the wearable operating system that seems to solve a recent issue that bricked some models of Apple Watch.

markets.businessinsider.com—Apple dips below a $1 trillion valuation (AAPL). Apple on Thursday reported underwhelming iPhone sales and gave soft guidance for the holiday quarter. Shares fell more than 7%, pushing the company's market cap below $1 trillion. Watch Apple trade live. Apple lost its $1 trillion valuation on Friday as shares fell by more than 7%, to a low of $206.66, following its disappointing fourth-quarter results. The tech giant on Thursday evening reported underwhelming iPhone sales and gave soft guidance for its crucial holiday quarter, sending shares...