- Editor's PickErin Fuchs•18 hours agoWhy Facebook and Google are siding with Samsung in its Supreme Court battle with Apple
The Supreme Court will hear a long-running corporate battle on Tuesday over how much Samsung should have to pay its rival Apple (AAPL) for copying the iPhone’s design. The dispute has attracted over a dozen amicus curiae (“friend of the Court” briefs) arguing the case has wide-ranging implications. One of those briefs came from major tech companies—including Facebook (FB), Google (GOOG, GOOGL), Dell and Hewlett Packard (HPQ)—which asserted the dispute “presented a question of enormous practical importance” to them.
- Investor's Business Daily•6 minutes agoStock Futures Flat-To-Lower; Apple, Cat, Airlines Climb
Stock futures traded flat-to-lower Tuesday as the dollar climbed and earnings and company news drove the lion's share of early stock action.
- Reuters•31 minutes agoSamsung scraps Galaxy Note 7 over fire concerns
Samsung Electronics Co Ltd scrapped its flagship Galaxy Note 7 smartphone on Tuesday less than two months after its launch, dealing a huge blow to its reputation and outlook after failing to resolve safety concerns. Samsung announced the recall of 2.5 million Note 7s in early September following numerous reports of the phones catching fire and on Tuesday it finally pulled the plug on the $882 device in what could be one of the costliest product safety failures in tech history. "(We) have decided to halt production and sales of the Galaxy Note 7 in order to consider our consumers' safety first and foremost," the South Korean firm said in a filing to the Seoul stock exchange.
Apple Inc. (AAPL)
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NasdaqGS - NasdaqGS Real Time Price. Currency in USD
| Open | 115.02 |
| Prev Close | 114.06 |
| Bid | 118.04 x 500 |
| Ask | 118.05 x 200 |
| Day's Range | 114.72 - 116.75 |
| 52wk Range | 89.47 - 123.82 |
| 1y Target Est | N/A |
| Market Cap | 625.38B |
| P/E Ratio (ttm) | 13.53 |
| Beta | 1.55 |
| Volume | 33,977,515 |
| Avg Vol (3m) | 35,493,027 |
| Dividend & Yield | 2.28 (2.00%) |
| Earnings Date | N/A |
