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    AAPL   US0378331005

APPLE INC.

(AAPL)
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Delayed Nasdaq  -  05/20 04:00:00 pm EDT
137.59 USD   +0.17%
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Apple Testing Future iPhone Models Without Lightning Charging Port, Bloomberg Reports

05/13/2022 | 10:39am EDT

By Denny Jacob


--Apple Inc. is testing future iPhone models that replace the current Lightning charging port with the USB-C connector, Bloomberg reported, citing people with knowledge of the situation.

--Additionally, Apple is working on an adapter that would let future iPhones work with accessories designed for the current Lightning connector, the report said.

--If a change did happen, it wouldn't occur until 2023 at the earliest. Apple is planning to retain the Lightning connector for this year's new models, Bloomberg reported.

--A reason for making the change comes in response to the European Union's decision to force phone and other device makers to adopt USB-C, the report said.


Full story at https://www.bloomberg.com/news/articles/2022-05-13/apple-plans-to-change-iphone-charging-port-to-meet-new-eu-law?srnd=premium&sref=b0us4KbN


Write to Denny Jacob at denny.jacob@wsj.com


(END) Dow Jones Newswires

05-13-22 1239ET

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Analyst Recommendations on APPLE INC.
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Financials (USD)
Sales 2022 394 B - -
Net income 2022 99 889 M - -
Net cash 2022 63 669 M - -
P/E ratio 2022 22,4x
Yield 2022 0,65%
Capitalization 2 227 B 2 227 B -
EV / Sales 2022 5,49x
EV / Sales 2023 5,13x
Nbr of Employees 154 000
Free-Float 99,9%
Chart APPLE INC.
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Apple Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends APPLE INC.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 45
Last Close Price 137,59 $
Average target price 189,07 $
Spread / Average Target 37,4%
EPS Revisions
Managers and Directors
Timothy Donald Cook Chief Executive Officer & Director
Luca Maestri Chief Financial Officer & Senior Vice President
Arthur D. Levinson Independent Chairman
Kevin M. Lynch Vice President-Technology
Jeffrey E. Williams Chief Operating Officer
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