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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Apple Inc.    AAPL

APPLE INC.

(AAPL)
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Amazon brings macOS to cloud in a boost to Apple app developers

12/01/2020 | 03:25am EST
FILE PHOTO: Amazon's JFK8 distribution center in Staten Island, New York City

(Reuters) - Amazon.com Inc will run Apple Inc's macOS on its cloud service for the first time, allowing app developers for Apple's devices to access the operating system on demand, the company's cloud unit Amazon Web Services said on Monday.

The service, called Amazon Elastic Compute Cloud (EC2) Mac instances, runs on Mac mini computers and will support developers creating apps for iPhone, iPad, Mac, Apple Watch, Apple TV, and Safari, the cloud unit said.

Amazon previously offered the EC2 instances service for Windows and Linux.

Amazon Web Services Inc (AWS) said it will use the version of Mac mini computers with Intel's eighth-generation 3.2GHz Core i7 processors for EC2 Mac instances.

"With EC2 Mac instances, developers can ... focus on creating groundbreaking apps for Apple's industry-leading platforms, rather than procuring and managing the underlying infrastructure," David Brown, vice president of EC2 at AWS, said.

AWS said cloud support for devices with Apple's new M1 chip is in the works, with a launch planned for 2021.

(Reporting by Shubham Kalia in Bengaluru)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
AMAZON.COM, INC. -0.45% 3292.23 Delayed Quote.1.08%
APPLE INC. 1.61% 139.07 Delayed Quote.3.15%
VICTORY CAPITAL HOLDINGS, INC. -2.30% 23.39 Delayed Quote.-5.72%
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Financials (USD)
Sales 2021 318 B - -
Net income 2021 67 229 M - -
Net cash 2021 96 637 M - -
P/E ratio 2021 34,7x
Yield 2021 0,61%
Capitalization 2 340 B 2 340 B -
EV / Sales 2021 7,06x
EV / Sales 2022 6,60x
Nbr of Employees 147 000
Free-Float 98,9%
Chart APPLE INC.
Duration : Period :
Apple Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends APPLE INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 44
Average target price 133,29 $
Last Close Price 139,07 $
Spread / Highest target 15,0%
Spread / Average Target -4,16%
Spread / Lowest Target -42,5%
EPS Revisions
Managers and Directors
NameTitle
Timothy Donald Cook Chief Executive Officer & Director
Arthur D. Levinson Independent Chairman
Jeffrey E. Williams Chief Operating Officer
Luca Maestri Chief Financial Officer & Senior Vice President
Kevin M. Lynch Vice President-Technology
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1st jan.Capitalization (M$)
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