Daiwa Is ‘Positive’ on Apple Shares, ‘Cautious’ on Intel, Analyst Says

Bloomberg Markets and Finance published this video item, entitled “Daiwa Is ‘Positive’ on Apple Shares, ‘Cautious’ on Intel, Analyst Says” – below is their description.

Louis Miscioscia, senior technology analyst at Daiwa Capital Markets America, discusses Apple Inc.’s financial results and outlook. Apple shares fell as much as 5% after its revenue missed expectations, hurt by supply constraints. Miscioscia also shares his views on global shortage of semiconductors. He speaks with Yvonne Man and David Ingles on “Bloomberg Markets: Asia.”

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In This Story: Apple Inc

Apple Inc. is an American multinational technology company headquartered in Cupertino, California. It is considered one of the Big Tech technology companies, alongside Amazon, Google, Microsoft, and Facebook.

Stock Tickers: (Nasdaq: AAPL, Nasdaq 100 component, DJIA component, S&P 100 component, S&P 500 component)

Well known products and services from the brand include the iPad tablet computer, AirPods wireless earbuds, iOS, iTunes, the Safari web browser, Apple Music, iCloud and Apple Pay.

Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in April 1976. Apple went public in 1980. In August 2018, Apple became the first publicly traded U.S. company to be valued at over $1 trillion and just two years later in August 2020 became the first $2 trillion U.S. company.

The company employs 137,000 full-time employees and maintains 510 retail stores in 25 countries as of 2020.

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