Apple Share

Central to the company's strategy is a new battery design that could "radically" reduce the cost of batteries and increase the vehicle's range, according to the report

The S&P 500 and Nasdaq pared gains but remained up more than 1%, with the Dow Jones Industrial Average up over 2%, after health officials revised the total number of coronavirus cases

Buffett sees Apple more as a consumer stock than a tech stock

Shares in the iPhone maker dropped 4 per cent, wiping $40 billion off its market value

World's top five tech firms - Apple, Alphabet, Microsoft, Amazon and Facebook - have a total market cap of $4.1 trillion, more than thrice India's Nifty 50, nearly twice India's total market cap

Apple hit a record high of $207.05, crowning a decade-long rise fueled by its ubiquitous iPhone that transformed it from a niche player in personal computers

Apple bought $23.5 billion of stock in the March quarter, and said it planned to hike its dividend 16%

Apple's comments about plans for its $163 billion in net cash helped boost shares 3.3 percent to $173.48 in after-the-bell trading