- Apple (AAPL) has avoided heavy AI infrastructure builds, favoring rented cloud compute to limit capital spending while investors monitor AI-related tech costs.
- Apple (AAPL) reports Q2 earnings this week. Traders watch revenue, iPhone sales, services growth, margins, and guidance as the Fed announces July policy—timing may affect short-term moves.
- AAPL hit session highs near $343, briefly valuing Apple at ~$5.04T, closed around $340, up ~1% on the day, ~22–24% month-to-month and ~60% year-over-year; iPhone demand rising.
- AAPL kept iPhone prices flat while hiking MacBook and iPad prices; analysts say steady iPhone pricing boosted demand and expect further Apple price increases later this year.
- Apple (AAPL) was added to the June Russell 1000 Value Index during reconstitution, raising its weight in that value benchmark; chipmakers shifted into the Russell growth index.
- Apple launched Apple Upgrade with Klarna: lease iPhone (12/24 months), Watch (12/24), iPad/Mac (24/36). Starts at $17.99/month for iPhone. Soft credit check, trade‑ins lower payments.
- Three users sued Apple Inc. (AAPL) in Northern California, saying a fake Bitcoin wallet app from the App Store led to about $1.8M in combined losses; they allege Apple failed to vet apps.
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Key facts: AAPL rents cloud compute; Q2 due; $5.04T peak; iPhone gains
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Apple (AAPL) has avoided heavy AI infrastructure builds, favoring rented cloud compute to limit capital spending while investors monitor AI-related tech costs.Apple (AAPL) reports