AAPL

[dealmaker]

Apple to invest additional $1B in Nevada
The investment will bolster Apple's data center operations in northern Nevada, the company announced at a Reno City Council meetingon Wednesday. The original deal,struck five years ago, gave Apple a record-setting tax break for opening up shop in the area. Apple promised to invest $1 billion in the area over 10 years.(CNN Money)

 

[dealmaker]

Apple gives Corning $200 Million to invent better phone glass
Apple is seeding the next generation of American-made glass for its iPhones and iPads, and its investments may have the side benefit of helping the company win favor in Washington. Apple announcedFridaythat it wasgiving $200 million to Corning,which makes the tough, scratch-resistant face for every iPhone and iPad, to support the glass maker’s efforts to develop and build more sophisticated products at its factory.(The New York Times)

 

[Phill Twist]

Remember on Nov 8th when futures were down big? Exactly, nobody remembers or cares. Fundamentals are what matters, not politics.

 

[dealmaker]

Qualcomm sues iPhone makers in patent war with Apple
Qualcomm filed a breach of contract lawsuit late Tuesday against four Taiwanese contract manufacturers that build iPhones and iPads for Apple – the latest salvo in an escalating war between two tech giants over patent royalties. Qualcomm’s court action is in response to Apple’s steps last month to block its contract manufacturers from paying Qualcomm for use of its cellular patents in iPhones and iPads. (San Diego Union-Tribune)

 

[dealmaker]

Apple assembles first iPhones in India
An Apple Inc. manufacturer has completed a trial run of the first-ever iPhones assembled in India, in an important step in the U.S. tech giant’s push into the fast-growing South Asian market. Apple said in a statement that it has begun initial production of a small number of iPhone SE handsets in Bangalore and will begin shipping the Indian-made devices to domestic customers this month. (Wall Street Journal)

 

[Spectre2007]

 

[Jamie J.]

And the main question is whether $160 will become a reality next week.

 

[Lloyd W. Coutee]

$AAPL has crossed into $150 almost a month now! 1 more week to cross into the $160

 

[dealmaker]

Apple CEO Tim Cook test-drove device that tracks his blood sugar
Tim Cook has been spotted at the Apple campus test-driving a device thattracks blood sugar,which was connected to his Apple Watch. A source said Cook was wearing a prototype glucose-tracker on the Apple Watch, which points to future applications that would make the device a "must have" for millions of people with diabetes – or at risk for the disease.(CNBC)

 

[Phill Twist]

The chart pattern in the last few days looks like rounding top + loss of momentum. IMO it is is about to go down for at least few days