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Apple gets much-needed win as 'F1' speeds to big opening weekend
Business Insider· 2025-06-29 19:05
Group 1 - Apple's film "F1" has earned over $55 million domestically and over $88 million internationally, totaling $144 million globally since its release [1] - The film outperformed competitors, including Universal Pictures' "How to Train Your Dragon" and Disney's "Elio," securing the top position at the box office [1] - Apple heavily promoted the film, offering discounted tickets to iPhone users and utilizing Apple Maps for promotional purposes [2] Group 2 - Apple's original film production is a newer division, still catching up to major studios like Paramount Pictures and Sony Pictures [4] - The company's streaming service has seen some success but remains behind competitors like Netflix [5] - The success of "F1" is seen as a relief for Apple following a lackluster Worldwide Developers Conference, where analysts were underwhelmed by new software announcements [5][6] Group 3 - Apple CEO Tim Cook emphasized the company's commitment to storytelling and the desire to make the film business successful [6] - There are questions regarding Apple's long-term strategy for theatrical releases, whether it is a marketing play for iPhones or an effort to diversify as iPhone sales plateau [5]
AAPL Investor Alert: A Securities Fraud Class Action Lawsuit Has Been Filed Against Apple Inc. (AAPL) - Contact Kessler Topaz Meltzer & Check, LLP
GlobeNewswire News Room· 2025-06-29 14:20
Core Viewpoint - A securities class action lawsuit has been filed against Apple Inc. for allegedly making false and misleading statements regarding the integration of advanced AI-based Siri features into its devices, which may impact iPhone 16 sales and overall business prospects [1][2]. Group 1: Lawsuit Details - The lawsuit was filed in the United States District Court for the Northern District of California on behalf of investors who purchased Apple securities between June 10, 2024, and June 9, 2025 [1]. - The lead plaintiff deadline for the lawsuit is August 19, 2025 [1][3]. Group 2: Allegations Against Apple - The complaint alleges that Apple misstated the timeline for integrating advanced AI-based Siri features, making it unlikely these features would be available for the iPhone 16 [2]. - It is claimed that the absence of these features would negatively affect iPhone 16 sales and that Apple's business and financial prospects were overstated as a result [2]. Group 3: Lead Plaintiff Process - Investors may seek to be appointed as a lead plaintiff representative of the class by the deadline or may choose to remain absent [3]. - The lead plaintiff will act on behalf of all class members and select counsel to represent the class [3]. Group 4: Firm Information - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering billions for victims of corporate misconduct [4]. - The firm encourages affected Apple investors to contact them for more information regarding the lawsuit [4].
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Apple Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – AAPL
GlobeNewswire News Room· 2025-06-28 14:27
Core Viewpoint - A class action lawsuit has been filed against Apple Inc. for allegedly making false and misleading statements regarding the integration of advanced AI-based features into its devices, which may have impacted investor decisions and the company's financial prospects [1][5]. Group 1: Lawsuit Details - The class action lawsuit is on behalf of purchasers of Apple securities between June 10, 2024, and June 9, 2025 [1]. - The lawsuit claims that Apple misstated the timeline for integrating advanced AI-based Siri features, which were unlikely to be available for the iPhone 16, potentially harming sales [5]. - Investors are encouraged to join the class action without incurring out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Legal Representation - The Rosen Law Firm, known for its success in securities class actions, is representing the investors and has a strong track record in recovering funds for clients [4]. - Investors can join the class action by submitting a form or contacting the law firm directly [3][6]. - No class has been certified yet, meaning investors are not represented unless they retain counsel [7].
5 Best CEFs This Month For Yields Up To 15% (June 2025)
Seeking Alpha· 2025-06-28 12:00
Group 1 - The "High Income DIY Portfolios" service aims to provide high income with low risk and capital preservation for DIY investors, particularly targeting income investors such as retirees or near-retirees [1] - The service offers seven portfolios, including three buy-and-hold portfolios, three rotational portfolios, and a conservative NPP strategy portfolio, designed to create stable, long-term passive income with sustainable yields [1] - The portfolios include two high-income portfolios, two dividend growth investment (DGI) portfolios, and a conservative NPP strategy portfolio characterized by low drawdowns and high growth potential [1] Group 2 - The broader market has recovered from losses experienced in April due to tariff-induced fears and is trading close to all-time highs, indicating a significant recovery [2] - Market volatility has decreased considerably, suggesting a more stable trading environment despite ongoing economic concerns [2]
AAPL INVESTOR DEADLINE: Apple Inc. Investors with Losses may have been Affected by Fraud – Contact BFA Law by August 19 Court Deadline (NASDAQ:AAPL)
GlobeNewswire News Room· 2025-06-28 11:46
Core Viewpoint - A lawsuit has been filed against Apple Inc. and certain senior executives for potential violations of federal securities laws, specifically related to misrepresentations about the AI capabilities of Siri and the iPhone 16 product cycle [1][2][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of California, titled Tucker v. Apple Inc., et al., No. 5:25-cv-05197 [2]. - Investors have until August 19, 2025, to request to be appointed to lead the case [2]. Group 2: Allegations Against Apple - The complaint alleges that Apple misrepresented the advanced AI features of Siri and the timeline for their integration into devices [3][4]. - It is claimed that Apple did not have a functional prototype of the advanced features it promised [4]. Group 3: Stock Performance Impact - Following the announcement on March 7, 2025, that Apple would indefinitely delay several AI-based Siri features, the stock price fell by $11.59, or nearly 5%, from $239.07 to $227.48 per share [5]. - On June 9, 2025, after the Worldwide Developer Conference where no new updates on Siri features were announced, the stock price dropped by $2.47, or over 1%, from $203.92 to $201.45 per share [6].
2 'Sleep Well At Night' REITs For Retirees Well Positioned To Deliver Growth
Seeking Alpha· 2025-06-28 11:00
Group 1 - The article introduces a series focused on REITs for retirees, highlighting the first two out of ten recommended REITs [1] - The company offers a comprehensive research platform called iREIT®, which includes data on various investment vehicles such as REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers [1] - The iREIT® Tracker provides insights on over 250 tickers, including quality scores, buy targets, and trim targets [1] Group 2 - A new Ratings Tracker named iREIT Buy Zone has been added to assist members in screening for value [2] - The company is promoting a free 2-week trial for members to explore the new features [2] - The offer includes a free book along with the trial [4]
The market could remain resilient, even with the story on Canadian tariffs, says Jim Cramer
CNBC Television· 2025-06-27 23:48
[Music] Hey, I'm Kramer. Welcome to Bad Money. Welcome to Kramer. to my friends.I'm just trying to make a little extra money. My job, not just to entertain, but to educate, to teach you how this business works. So, call me 1 800743 CBC or tweet me at Jim Kramer.The next time you get too down about the stock market, I want you to remember this wonderful quarter where we got knocked down the canvas after Liberation Day, only to eventually rally all the way back and then some. I keep hearing the word resilient ...
Jim Cramer is not giving up on Apple. Here's why
CNBC· 2025-06-27 22:40
Core Viewpoint - The investment community remains cautiously optimistic about Apple despite current challenges, with potential for recovery if the company can navigate external pressures, particularly from tariffs and competition in the tech space [1][2][3]. Group 1: Current Challenges - Apple's stock is currently underperforming compared to market averages, largely due to external factors such as tariffs imposed by President Trump on Chinese manufacturing [1]. - The company faces significant cost increases if it shifts manufacturing to the U.S., with estimates suggesting an iPhone could cost as much as $3,500 if produced domestically [1]. - Recent product announcements at the Worldwide Developers Conference were deemed unremarkable, particularly in the area of artificial intelligence, contributing to a lack of enthusiasm among investors [2]. Group 2: Financial Performance and Projections - Despite the current uncertainty, there is confidence in Apple's leadership under CEO Tim Cook, with historical trends indicating that downturns have often presented buying opportunities [3]. - Apple's expected earnings growth rate for the current calendar year is projected at 14%, which outpaces the S&P 500's anticipated growth of 9.4% [4]. - The stock is considered undervalued at around 25 times earnings, suggesting that a significant drop in price could present a strong buying opportunity [5].
X @Tim Cook
Tim Cook· 2025-06-27 19:11
Huge thanks to @LewisHamilton and the entire cast and creative team for putting such heart and purpose into the film. Can’t wait for everyone to experience F1 The Movie.Lewis Hamilton (@LewisHamilton):#F1TheMovie is in theaters now. Big thanks to @tim_cook and the @appletv team for helping us get to this moment ~ https://t.co/H74kwM7FwY ...
Apple's F1 Movie Burns $300 Million—Still Waiting On A Profit
Benzinga· 2025-06-27 14:56
Apple, Inc. AAPL is making a return to high-budget theatrical releases with the opening of its racing drama "F1" on Friday. The film's reported $300 million budget highlights both the company's determination to make a mark in Hollywood and the persistent financial challenges it faces in this arena. What To Know: Despite Apple's massive resources—a $3 trillion market cap and annual profits nearing $100 billion—its video production unit, which includes Apple Original Films and Apple TV+, has never turned a pr ...