Apple watch | Pixr8 News

Apple Inc’s shares rose to a record high on Friday as more analysts set a trillion-dollar valuation on the company, following a blowout fourth quarter and an upbeat forecast that quashed investor concerns around the iPhone X. The stock rose as much as 3.7 percent to $174.26, briefly breaching $900 billion in market value, amid declines in the broader market. The gains added nearly $32 billion to the company’s market capitalization. The Cupertino, California-based company also forecast a strong holiday quarter ahead, which will include the iPhone X that started selling on Nov. 3. “We see iPhone X unlocking pent-up iPhone upgrades, especially in China, driving more than 20 percent iPhone unit growth and a revenue and earnings beat in 2018,” analyst Katy Huberty on Morgan Stanley said....

Apple's loyal army of software developers is joining the tech giant in its bid to conquer the living room with a new version of Apple TV, creating apps for the big screen that they hope will attract users and unlock a rich source of revenue. A long-awaited update to Apple TV, which launched in 2007, will start shipping in 80 countries on Friday. Apple views apps as the future of television. An App Store is the centrepiece of the new device, and hundreds of apps will be ready at launch, including gaming, shopping and photography. Although developers have already been able to make apps for smart TV rivals, Apple's vast base of developers will set the device apart, analysts say. And developers say they relish the opportunity to reach users in a more intimate setting. “It’s a pheno...

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Apple Firmly On Course For $1 Trillion Valuation: Analysts

Apple TV challenges developers to take apps to the big screen