Hey there, Benzinga readers! It’s time for a fast weekend roundup. Here’s what decreased over the weekend.
Apple’s Q4 Was A Record-Breaker, Tim Cook Forecasts Even Much Better Q1
Apple Inc. (NASDAQ: AAPL) reported a record-breaking 4th quarter, with CEO Tim Cook forecasting an even much better very first quarter.
Regardless Of the iPhone 17‘s preliminary need, the business exceeded expert price quotes for profits and revenues per share. Prepare associated this success to the strength of the quarter and meant more records to come in the next financial quarter.
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Apple’s Q4 Outcomes Make It The ‘ultimate Winner’ In AI, State Experts
Apple has actually become the ‘ultimate winner’ in AI, according to leading experts. The business’s strong fourth-quarter outcomes, that included record sales in iPhone and Solutions, have actually caused this conclusion.
JPMorgan (NYSE: JPM) kept an Obese ranking and raised Apple’s rate target from $290 to $305.
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Apple’s Advertisement Organization Sets A Brand-new Record, Exposes Tim Cook
Apple silently set a brand-new record in its marketing service throughout the last quarter. This discovery came throughout the business’s revenues call, where CEO Tim Cook divulged that the marketing classification, a mix of third-party and first-party advertisements, had actually set a record.
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Cook’s admission recommends that Apple is constructing a digital advertisement maker to match the platforms it as soon as looked for to distance itself from.
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Samsung’s Lee Jae-Yong Teases iPhone Users At Seoul Meetup
Samsung Electronic Devices Co. ( OTC: SSNLF) chairman Lee Jae-Yong could not withstand teasing a crowd for being iPhone users throughout a casual supper with Nvidia Corp. (NASDAQ: NVDA) CEO Jensen Huang and Hyundai Chairman Chung Eui-sun in Seoul.
The event, which happened at a popular dining establishment in Seoul’s high end Gangnam district, drew a big crowd excited to see the tech magnates behind a few of the world’s greatest business.
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Steve Jobs’ ‘spontaneous Conferences’ Caution Echoed By Jpmorgan’s Jamie Dimon
It appears that Apple co-founder Steve Jobs’ beliefs are still pertinent today. JPMorgan CEO Jamie Dimon just recently echoed Jobs’ belief in the significance of ‘spontaneous conferences’ throughout a panel conversation at the Future Financial Investment Effort in Saudi Arabia.
Dimon mentioned that more youthful staffers aren’t discovering as successfully over Zoom and continues to motivate JPMorgan workers to go back to the workplace.
Read the full article here.
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Disclaimer: This material was partly produced with the aid of AI tools and was examined and released by Benzinga editors.