The Latest Breaking News from Wamsi Mohan

China’s COVID-zero policy creates headaches for Apple, as a factory closure threatens supply of its flagship product.

Apple stock is in a sharp decline as investors evaluate a host of concerns ahead of the consumer electronics giant's next earnings report.

Apple Inc. (NASDAQ: AAPL) recently released its latest iPhone 14 models and Bank of America analyst Wamsi Mohan said Wednesday that carrier promotions are making the devices more affordable than shoppers may expect in the inflationary environment.

Apple plans to introduce its iPhone 14 smartphone lineup and other gadgets at a product launch event on Sept. 7.

Consumer electronics giant Apple will report June-quarter results late Thursday and Wall Street's expectations are pretty low.

BofA analyst Wamsi Mohan noted that Apple Inc's (NASDAQ: AAPL) App Store revenue growth in fiscal Q3-to-date has grown to $2.6 billion, or up 7% year-over-year through April 30, according to SensorTower data. 

The S&P 500 has slumped to open 2022, and rising interest rates could further pressure stock valuations in coming months. Whether the market is up, down or sideways, dividends are one steady, reliable source of income for investors, but dividends are only as reliable as the companies that pay them.

Wall Street analysts are generally positive on Apple stock ahead of the company’s March-quarter earnings report next Thursday.

IBM (NYSE: IBM) shares traded higher by 7.7% on Wednesday after the company reported a first-quarter earnings beat as it continues to restructure its company.

After more than a decade of growth stocks outperforming value stocks, that trend has reversed in the past year.

When the stock market is volatile and unpredictable, one of the few things investors can rely on is a quarterly dividend from a high-quality stock.