US Nasdaq stock report - Apple
Apple accelerates decline, issued 58 new patents April 20, 2018 16:00 EDT
NEWS BITES - NORTH AMERICA
Apple Inc. (NASDAQ:AAPL), the NASDAQ's largest Computer integrated systems company by market cap, has sunk $US12.12 (6.8%) over the past two trading days, compared with the NASDAQ-100 Index which fell 165.5 points (2.4%) in the two days for a relative price change of -4.4%. The fall was exacerbated by a cumulative 2-day volume of 1.6 times the average 2-day volume of 30.2 million shares. The shares fell 2.8% on Thursday and 4.1% on Friday to close at $US165.72.
APPLE ISSUED 58 NEW PATENTS IN THE WEEK OF APRIL 18, 2018
Apple (AAPL) has been issued 58 new patents by the USPTO and EPO.
Apple (NASDAQ:AAPL) institutional shareholder Fisher Asset Management, LLC (CIK:0000850529) bought 1,128,082 shares in the quarter ended March 31, 2018 worth $US189.3 million at an estimated Volume Weighted Average Price (VWAP) of USD170.56. At the end of the quarter Fisher Asset Management, LLC held 12,335,056 shares worth $US2.1 billion.
Apple (NASDAQ:AAPL) institutional shareholder Davis R M Inc. (CIK:0000891287) sold 13,943 shares in the quarter ended March 31, 2018 worth $US2.3 million at an estimated Volume Weighted Average Price (VWAP) of USD170.56. At the end of the quarter Davis R M Inc. held 436,305 shares worth $US74.4 million.
THE PAST FIVE YEARS
Apple surges 228% in 5 years
Apple Inc. (NASDAQ:AAPL), has surged $US115.18 (or 227.9%) in the past five years to close at $US165.72. Compared with the NASDAQ-100 Index which has risen 139.8% over the same period, this is a relative price increase of 88.1%.
Highlights in today's Report:
SECTION 1 BEARISH SIGNALS
Fundamentals, Technicals, Short Selling and Open Interest, Low Performance Indicator
SECTION 2 BULLISH SIGNALS
Fundamentals, Undervaluation [compared with sector average], Technicals, Oversold/Bullish/Support Signals, High Performance Indicators
SECTION 3 PRICE VOLUME DYNAMICS
Technicals, Moving Annual Return, Turnover Rate & Turnover Period
SECTION 4 RANKING
Global, Independent Ratings
SECTION 5 FINANCIALS
Financials Summary, Trailing 12 Months Dividends
SECTION 6 CORPORATE BONDS
Time [Yrs Mo Days] and Yield to Maturity as on Apr 19, 2018, Key Statistics, Yield Curve - Apple Bond vs US Treasury, Apple Corporate Bonds Maturing in This Quarter
SECTION 7 PROFILE
Activities, Industry & Sector, Top Management, Issued Capital
SECTION 8 REPORTED BUYING AND SELLING
Insider Selling, Institutional Buying and Selling Quarter Ended December 31, Reported Holdings of Institutions as at Dec 31, 2017
SECTION 9 PATENTS
SECTION 10 STOCK BUZZ
Latest Buzz, Corporate Wire
SECTION 1 APPLE BEARISH SIGNALS
+ Tobin's Q Ratio, defined as MCap divided by Total Assets, is 2.2. Compared with the rest of the market the stock is overvalued.
Downtrend: The stock dropped 4.1% on high volatility today.
+ The stock's relative price strength percentile is falling at 62 for 6 months, 43 for 3 months and 30 for 1 month.
1.3 Short Selling and Open Interest:
+ The current short volume is 1.3 times its own historical average of 0.1%.
Open Interest Trend
Same day trend: The price sank 4.1% from $US172.80 to $US165.72; Open interest has jumped 6.2% from 787,796 to 836,402. A fall in price combined with an increase in open interest suggests there is new money coming into the market from short sellers. This is a bearish signal.
|Duration||Open Interest change %||Price change %||Interpretation|
% Change in Put Call Ratio
|Put Call Ratio||1 Day||1 Week||Interpretation|
Top three traded put options [1 contract is 100 shares]
|Exercise Price||Exercise Date||Option Price||Change %||Contracts Traded|
|$US172.50||April 20, 2018||77.0c||755.6||26625|
|$US175.0||April 20, 2018||$US2.38||781.5||21461|
|$US170.0||April 20, 2018||20.0c||400.0||16967|
1.4 Low Performance Indicator:
|Description||Value||Rank In Market|
|Price Change %||-4.1||In Bottom 8%|
SECTION 2 APPLE BULLISH SIGNALS
+ The relative yield of the stock, defined by its yield of 1.5%, divided by average yield of dividend yielding stocks in the NASDAQ-100 Index of 1.1% is 142.1%. This suggests the stock is undervalued in dividend yield terms.
+ Total Liabilities/EBITDA of 3.8 is comfortably below the Joseph Piotroski benchmark of 5.
+ As per the Du Pont analysis, Return on Equity is high at 36.1%. This is computed as net profit margin of 21.1% times asset turnover [sales/assets] of 0.62 times leverage factor [total assets/shareholders' equity] of 2.8. Also, this has improved from 35.6% last year.
|Du Pont Analysis||ROE||Profit Margin||Asset Turnover||Equity Multiplier|
+ Net Profit margin is positive and has seen consecutive rises in recent quarters. [Quarter ended, all figures in %]
|Qtr||Revenue Growth||Net Profit Growth||Net Profit Margin|
2.2 Undervaluation [compared with sector average]:
+ Price/Earnings/Growth of 1.3 [1.6].
+ The present value of $US1,000 (PV1000) invested one year ago in Apple is $US1,201, comprising a capital gain of $US182 and dividend reinvested of $US19.
+ The present value of USD1,000 (PV1000) invested thirty years ago in Apple is $US144,141, including a capital gain of $US128,126 and dividend reinvested of $US15,016.
+ 30 years Multiplier in USD = 144.141x
+ Compound Annual Growth Rate (CAGR) in USD = 17.8%
2.4 Oversold/Bullish/Support Signals:
+ The stock is oversold according to the Williams % R indicator of -93.3, suggesting the price is close to its 14-day low of $US164.77.
2.5 High Performance Indicators:
|Description||Value||Rank In Market|
|Today's Turnover||$US10.7 billion||In Top 1%|
|Return on Assets [ROA] %||12.9||In Top Quartile|
|Return on Capital Employed [ROCE] %||23.3||In Top Quartile|
SECTION 3 PRICE VOLUME DYNAMICS
+ Volume: there were 64,477,944 shares worth $US10.7 billion traded today. In the past week, volume was 1.1 times average and the shares were down 5.2%. The fall was exacerbated by high volume of 2.1 times the average daily volume of 30.2 million shares.
+ Apple is at a discount of 9.7% to its 12-month high of $US183.50 on March 13. It is also at a premium of 18.7% to the 12-month low of $US139.64 on April 21, 2017.
3.2 Moving Annual Return
Based on a dynamic start date of 5 years ago, the Moving Annual Return has been positive in 4 of the last 5 years. An investment a year ago in AAPL would have produced a return of 20.0%.
|AAPL||Close (USD)||Dividends (USD)||Capital Gain / (Loss) %||% Yield||Annual Return %|
|1 Yr ago||140.22||2.28||36.1||2.2||38.3|
|2 Yrs ago||103.07||2.08||(12.7)||1.8||(11.0)|
|3 Yrs ago||118.09||1.88||69.5||2.7||72.2|
|4 Yrs ago||69.66||1.74||37.8||3.4||41.3|
Close 5 years ago $US50.54
3.3 Turnover Rate & Turnover Period:
+ The turnover rate in the 12 months to date was 142.7% (or a turnover period of 8 months). This average length of ownership of the stock at 1.2 times the average holding period of 6 months for stocks in the NASDAQ-100 Index suggests a larger number of core investors, making a long-term investment safer.
SECTION 4 RANKING
4.1 Global Rank [out of 47,666 stocks] and Rank in the American Region [out of 11,948 stocks]
|Description||Value||Global Rank||In Am Region|
|Total Assets (US$)||375.3B||212||105|
|Net Profit (US$)||48.4B||5||2|
|Return on Equity %||36.1||1,217||433|
|Net Profit Margin %||21.1||5,504||1,502|
|Price to Book||6.8||30,362||5,234|
|PV$1000 (1Year) US$||1,201||12,084||2,623|
|US$ Change (1Year) %||18.3||14,338||2,967|
4.2 Independent Ratings
+ Top 50 BCG:
Apple Inc. was ranked 1 in Boston Consulting Group's list of Top 50 Most Innovative Companies 2016; unchanged over a year from the same rank 1 in 2015.
+ Citi Top 50:
It was ranked in Citi's Top 50 global cash cows with reinvest-to-payout ratio of 0.28.
+ Clarivate 100:
It is ranked in the Top 100 innovators by Clarivate Analytics.
+ PwC 100:
It was ranked 1 by MCap as at March 31, 2015 by PwC in the Top 100 Global companies; an improvement over 6 years from rank 33 as at March 31, 2009.
+ PwC Top100 Software Leaders:
It is the 28th largest by revenue and largest by MCap among the PwC Global Software Leaders.
+ FT 500:
It is the 13th largest by revenue in the FT Global 500.
+ Fortune 500:
It was ranked 9 by total revenues in the Fortune 500 annual list for 2017; unchanged over a year from the same rank 9 in 2013.
+ Newsweek 500:
It was ranked 26 by Newsweek and Corporate Knights Capital in the World's 500 Greenest Companies 2016. It had outstanding scores of 15% in Carbon productivity, 11.7% in Water productivity and 11.3% in Waste productivity.
+ Industryweek 1000:
It is a new entrant in the Industry Week list of the world's largest 1000 manufacturers by Revenues in 2016, ranked 7.
+ Forbes 2000:
It is the 11th largest by revenue in the Forbes Global 2000.
+ BSS/News Bites:
It is placed 840/2187 in BSS News Bites' ranking of NASDAQ performers in the past year, a percentile ranking of 62.
+ Vanguard Total World Stock ETF 7517:
The stock was one of 7517 global stocks selected by Vanguard Total World Stock ETF (VT) who bought 59,577 shares in the period Nov 30, 2017 to Jan 31, 2018 worth $US10,339,684 at an estimated Volume Weighted Average Price (VWAP) of $US173.5516. As at Jan 31, 2018, the Vanguard Total World Stock ETF held 1,485,897 shares worth $US257,879,802 or 1.55% by value of the ETF's portfolio [Ranked 2 out of 7517 by value and 1 out of 689 for NASDAQ].
SECTION 5 APPLE FINANCIALS
5.1 Financials Summary
|Year ended||Sep 2017||Sep 2016||Sep 2015|
|Sales (USD B)||232||217||233.7|
|Pretax (USD B)||64.1||61.4||72.5|
|Net (USD B)||48.4||45.7||53.4|
Net profit was up 5.8% from US$45.7 billion in 2016 to US$48.4 billion in 2017. Earnings Per Share (EPS) was up 10.8% from $US8.31 to $US9.21.
5.2 Trailing 12 Months Dividends
|Trailing 12 Months To||Value ($US)|
|20 Apr 2018||2.52|
|20 Apr 2017||2.28|
|20 Apr 2016||2.08|
|20 Apr 2015||1.88|
|20 Apr 2014||1.74|
SECTION 6 APPLE CORPORATE BONDS
For Company searches and sorting by bonds and variables, an interactive version of current day's Table is available here: click here
6.1 Time [Yrs Mo Days] and Yield to Maturity as on Apr 19, 2018
|CUSIP||Time to Maturity||Yld (%)||Treasury (%)||Spread (%)||YTM Chng 3 Mo (bps)||Moody's||S&P|
|037833AZ3||6 yrs 9 mo 20 d||3.5||2.87||0.62||74||-||-|
|037833BG4||7 yrs 23 d||3.46||2.87||0.58||33||-||-|
|037833AP5||1 yr 16 d||3.4||2.18||1.22||129||-||-|
|037833AK6||5 yrs 13 d||3.19||2.76||0.43||41||Aa1||AA+|
|037833BU3||4 yrs 10 mo 3 d||3.17||2.76||0.41||39||-||-|
|037833CC2||3 yrs 3 mo 15 d||2.94||2.59||0.35||33||-||-|
|037833AR1||3 yrs 16 d||2.87||2.59||0.29||38||Aa1||AA+|
|037833BS8||2 yrs 10 mo 3 d||2.81||2.59||0.22||30||-||-|
|037833CS7||2 yrs 21 d||2.62||2.44||0.18||32||-||-|
|037833AX8||1 yr 9 mo 18 d||2.59||2.44||0.15||40||-||-|
|037833BD1||2 yrs 16 d||2.55||2.44||0.12||23||-||-|
|037833CK4||1 yr 9 mo 18 d||2.48||2.44||0.05||31||-||-|
|037833CL2||1 yr 9 mo 18 d||2.46||2.44||0.03||68||-||-|
|037833CT5||2 yrs 21 d||2.45||2.44||0.02||61||-||-|
|037833AQ3||1 yr 16 d||2.27||2.18||0.09||19||Aa1||AA+|
6.2 Key Statistics
|Maturity||Yield to maturity %||Yrs to Maturity||% Rise/Fall 3-mo|
|May 2018||2.03 to 2.1||0.04||0.1 to 0.21|
|Feb to Aug 2019||2.27 to 3.4||0.8 to 1.29||-0.66 to -0.03|
|Feb to May 2020||2.16 to 2.62||1.8 to 2.06||-0.55 to 0.03|
|Feb to Aug 2021||2.57 to 2.94||2.84 to 3.29||-1.17 to -0.62|
|Feb to May 2022||2.56 to 3.09||3.81 to 4.07||-1.17 to -0.28|
|Feb to May 2023||3.17 to 3.19||4.84 to 5.04||-1.83 to -1.72|
|Feb to May 2024||3.29 to 3.37||5.81 to 6.06||-2.09 to -1.49|
|Feb to May 2025||3.46 to 3.5||6.81 to 7.07||-4.4 to -2.09|
|Feb to Aug 2026||3.52 to 3.56||7.84 to 8.29||-2.43 to -2.02|
|Feb to May 2027||3.56 to 3.61||8.81 to 9.06||-3.13 to -1.95|
6.3 Yield Curve - Apple Bond vs US Treasury
|Years to Maturity||Apple Bond Yield (%)||Treasury Yield (%)||Spread to Treasury(Basis Points)|
The yield curve is upward sloping which is typical. The term premium between the yield of a 7-year Apple Inc. bond of 3.5% and the yield of a 2 year bond of 2.62% is 0.88%. Further, the yield curve is steepening from a term premium of 0.79% a month ago to a current level of 0.88%. This indicates investor expectations of rising inflation and/or increasing demand for longer-term bonds. In comparison, the term premium of Treasury is 0.43%, down from 0.5% a month ago.
6.4 Apple Corporate Bonds Maturing in This Quarter
|CUSIP||Days to Mature||Last Price||Yield %||YTM Chng 3 Mo (bps)|
SECTION 7 APPLE PROFILE
Apple Inc. designs, manufactures, and markets personal computers, portable digital music players, and mobile communication devices and sells a variety of related software, services, peripherals, and networking solutions. The Company sells its products worldwide through its online stores, its retail stores, its direct sales force, and third-party wholesalers, resellers, and value-added resellers.
7.2 Industry & Sector
|Classification Level||Name of Sector|
|Business Sector||Technology Equipment|
|Industry Group||Computers, Phones & Household Electronics|
|Activity||Computer Hardware - NEC*|
* NEC: Not elsewhere classified
7.3 Top Management
The chairman is Arthur D. Levinson, the chief executive officer is Timothy D. Cook and the chief financial officer is Luca Maestri.
7.4 Issued Capital
Based on 5,074,013,000 issued shares the market capitalisation is $US840.9 billion.
SECTION 8 REPORTED BUYING AND SELLING
8.1 Insider Selling
April 16: Apple insider sells
Apple (NASDAQ:AAPL) insider Luca Maestri sold 38,022 shares worth $US6,640,542 on April 12. The selling price was $US174.65. The shares hit a 16-day high on the day.
April 16: Apple insider sells
Apple (NASDAQ:AAPL) insider Luca Maestri sold 1,100 shares worth $US192,390 on April 13. The selling price was $US174.90. The shares hit a one-month high on the day.
April 06: Apple insider sells
Apple (NASDAQ:AAPL) insider Dan Riccio sold 17,375 shares worth $US2,938,512 on April 04. The selling price was $US169.12. The shares hit an eight-day high on the day.
April 05: Apple insider sells
Apple (NASDAQ:AAPL) insider Schiller Philip W sold 69,491 shares worth $US11,564,679 on April 03. The selling price was $US166.42.
January 09: Apple insider sells
Apple (NASDAQ:AAPL) insider Dan Riccio sold 15,641 shares worth $US2,733,800 on January 05. The selling price was $US174.78. The shares hit a 14-day high on the day.
8.2 Institutional Buying and Selling Quarter Ended December 31
Total reported Institutional buying = 121,922,744 shares
Total reported Institutional selling = 147,267,218 shares
Net reported institutional selling = 25,344,474 shares
8.3 Reported Holdings of Institutions as at Dec 31, 2017
Total = 3,064,857,760 shares
Market Value = $US519.1 billion
SECTION 9 APPLE PATENTS
Issued April 18, 2018
VOICE INSTRUCTIONS DURING NAVIGATION [EP3309516 (A1)]
MEMORY POWER SAVINGS IN IDLE DISPLAY CASE [EP3309674 (A1)]
UPLINK CONTROL CHANNEL ALLOCATION [EP3310110 (A1)]
Power consumption optimization for cellular communication via power amplifier biasing [9,949,216]
Location determination [9,949,227]
Apparatus, system and method for VoLTE call continuity [9,949,311]
Preemptive address mapping for server load balancing [9,948,706]
Continuing an activity commenced on a source device with a companion device [9,948,728]
Estimating rate costs in video encoding operations using entropy encoding statistics [9,948,934]
Perforated mother sheet for partial edge chemical strengthening and method therefor [9,944,554]
Centralized beacon management service [9,949,200]
Cell utilization estimation by a wireless device [9,949,153]
Wi-Fi based location availability for sparse signal locations [9,949,137]
Updating profiles for secondary wireless devices [9,949,113]
Bluetooth low energy triggering NAN for further discovery and connection [9,949,063]
Stereo and filter control for multi-speaker device [9,949,057]
Directivity speaker array [9,949,032]
Wireless headset carrying case with wireless transmitter [9,949,015]
User interface for searching [9,946,771]
Automatic language identification for dynamic text processing [9,946,706]
Media player framework [9,946,583]
Development environment for multiple electronic devices [9,946,560]
Software updating [9,946,533]
Device, method, and graphical user interface for selecting user interface objects [9,946,447]
Display, touch, and stylus synchronization [9,946,366]
Gaskets for thermal ducting around heat pipes [9,946,316]
Desktop consumer electronic device [9,946,315]
Low-profile power and data contacts [9,948,018]
Electronic devices with light sensors and displays [9,947,901]
Electronic devices with robust flexible displays [9,947,882]
Devices and methods for operating a timing controller of a display [9,947,277]
Ambient light adaptive displays [9,947,259]
Electronic device display with monitoring circuitry [9,947,255]
Method of image processing for an augmented reality application [9,947,141]
Providing variants of digital assets based on device-specific capabilities [9,947,069]
Methods and apparatuses for secure compilation [9,946,873]
Display screen or portion thereof with graphical user interface [D815,661]
Display screen or portion thereof with graphical user interface [D815,651]
Display screen or portion thereof with graphical user interface [D815,649]
Electronic device [D815,634]
Electronic device [D815,633]
Electronic device [D815,632]
Exposed glass article with inner recessed area for portable electronic device housing [9,946,302]
Auxiliary electronic device attachable to a wearable electronic device [9,946,297]
Flexible keyboard accessory for a portable electronic device [9,946,296]
Flexible keyboard accessory for a portable electronic device [9,946,295]
Gate driver control circuit [9,946,101]
GNSS positioning using three-dimensional building models [9,945,956]
Frequency-based direction guidance [9,945,684]
Heat exchangers in sapphire processing [9,945,613]
Secure software updates [9,948,617]
Efficient auto detection for next generation WLAN [9,948,546]
Power management systems for accepting adapter and solar power in electronic devices [9,948,109]
Connector insert assembly [9,948,042]
Method and system for rendering content using templates [9,948,749]
Multipath TCP subflow establishment and control [9,948,725]
Multi-layer thin-film coatings for system-in-package assemblies in portable electronic devices [9,949,359]
Electronic device including movable magnet based actuator for deforming a display and related methods [9,949,390]
To view more details on these Patents, click here
SECTION 10 STOCK BUZZ
To view the Stock BUZZ on Apple, click here
10.1 Latest Buzz
|Apr 19, 2018||Apple, Procter & Gamble Sink the Dow Thursday||24/7 Wall St.|
|Apr 19, 2018||AAPL) Apple Inc (NASDAQ||Dogs|
|Apr 19, 2018||TSMC shares slide as revenue estimate cut; other Apple, chip||Investing.com|
|Apr 19, 2018||Apple has a new iPhone-destroying robot called Daisy that can||One News Page|
|Apr 19, 2018||Apple, Philip Morris, chips lead slide on Wall Street||StreetInsider|
|Apr 19, 2018||Thursday Apple Rumors: 2018 iPhone X May Start at $550||Yahoo Finance|
|Apr 19, 2018||Here's Who Wins If Apple Inc. Ditches Intel Corp.||Yahoo New Zealand|
|Apr 19, 2018||Apple's iPhone SE 2 will likely debut at WWDC in June||essaouiranews.com|
|Apr 19, 2018||Apple Adds Earth Day Donations to Trade-in and Recycling Program||ih.advfn.com|
|Apr 18, 2018||Analysts See $0.44 EPS for PetMed Express, Inc. (PETS); Fayerweather Charles Decreased Its Apple (AAPL) Holding||Bibey Post|
|Apr 18, 2018||Apple Inc. s iPhone X Over Twice as Profitable As Android Manufacturers||InvestorPlace|
|Apr 18, 2018||Apple is an 'uninspired investment,' CNBC cites analyst as saying||Proactiveinvestors|
|Apr 18, 2018||Apple (AAPL) Stock Rating Lowered by Vetr||currenthollywood.com|
|Apr 18, 2018||Zacks Investment Research Lowers Apple (AAPL) to Sell||noomag.com|
|Apr 18, 2018||Apple's (AAPL) "Outperform" Rating Restated at Cowen and||paintingcentral.net|
|Apr 18, 2018||Apple iPhone X contributed 35% of the smartphone industry's||tekkibloggers.com|
|Apr 17, 2018||Apple Inc. (NASDAQ:AAPL) Technicals Indicate Stock||Live Trading News|
|Apr 17, 2018||Watch for Apple Inc to Potentially Pullback After Gaining 1.54%||SmarTrend|
|Apr 16, 2018||Ward, Smith & Hill Helps Secure $502.6M Patent Infringement Win Against Apple||The Business Journals|
|Apr 16, 2018||Apple Is Making a Push For iPhone 3-D Sensing||U.S. News Money|
|Apr 16, 2018||Analysts See $2.71 EPS for Apple Inc. (AAPL)||reurope.com|
10.2 Corporate Wire
To view Recent Company Headlines, click here
March 27: Apple Unveils Everyone Can Create Curriculum to Spark Student Creativity
Apple Introduces Schoolwork, a Powerful New App that Personalizes Learning
CHICAGO---- Building on its 40-year history in transforming education, Apple today announced a new 9.7-inch iPad with support for Apple Pencil* and programs designed to spark student creativity and inspire them to succeed. Everyone Can Create is a new, free curriculum that makes it fun and easy for teachers to integrate drawing, music, filmmaking or photography into their existing lesson plans for any subject.
March 27: Apple Introduces New 9.7-inch iPad with Apple Pencil Support
Featuring Even Greater Performance and Designed for Powerful AR Apps, Starting at $329
CHICAGO---- Apple today updated its most popular iPad with support for Apple Pencil plus even greater performance, starting at $329. The new 9.7-inch iPad and Apple Pencil give users the ability to be even more creative and productive, from sketching ideas and jotting down handwritten notes to marking up screenshots.
March 14: Rise in Global Popularity for Digital Wallets and Mobile Payment Apps Giving Consumers More Secure Options
PALM BEACH, Florida, March 14, 2018 --
MarketNewsUpdates.com News Commentary
As digital wallets become more prevalent, it's not surprising that a growing number of retailers are embracing the trend to increase and facilitate more sales. Digital payments, through apps like Apple Pay, Venmo and Zelle, are faster, easier and generally more secure than some traditional payment methods.
March 14: Events Calendar: Apple's Worldwide Developers Conference Kicks off June 4 in San Jose
CUPERTINO, Calif.- - Apple(Registered) today announced it will host its 29th annual Worldwide Developers Conference in San Jose from June 4 through June 8. The McEnery Convention Center will be home to the world's most creative developer community, who come together every year to share unique perspectives and learn about the future of Apple's breakthrough products and services.
February 22: Apple Opens its First Store in Austria Saturday
VIENNA---- Apple Karntner Strasse, Apple's first store in Austria, will open Saturday at 9:30 a.m. in the heart of Vienna. Nestled on the famous pedestrian shopping street between St. Stephen's Cathedral and the Vienna State Opera, the store's 150 employees will invite visitors to experience the creative sessions and services offered in Apple Stores around the world.
"We can't wait to join the bustling city of Vienna, a European crossroads so rich in history and culture," said Angela Ahrendts, Apple's senior vice president of Retail.
Contact: +1 408 996-1010
Physical Address: 1 Infinite Loop, Cupertino, CA,95014
State/Province/Country: CA, United States
Country of Incorporation: United States
Industry [NAICS]: 334220
Apple Inc, Apple, Inc