Apples – Cryptocurrencypanther

XRP Influencer Addresses Rumors Of Apple’s $1.5 Billion Buy, What’s The Truth?

admin — Wed, 10 Sep 2025 16:32:47 +0000

Rumors linking Apple to a massive XRP purchase are circulating rapidly through the cryptocurrency community. A post on X claims that Apple is about to announce a billion-dollar buy of the digital asset, and the claim immediately captures attention online. But while some traders show excitement, one well-known XRP supporter pushes back against the story.

XRP Influencer Dismisses Apple’s $1.5 Billion Buy Claim

The claim about Apple spending billions on XRP gets a sharp response from XRP influencer Cobb, who is very active on X. Quoting the rumor, Cobb writes, “Are the ‘rumors’ in the room with us right now?” His comment mocks the story, comparing it to seeing ghosts, and points out that there is nothing substantial to support the claim.

Rumor Of Apple’s XRP Buy Circulates On X

The rumor itself begins with a tweet from Dominus XRP Syndicate, an account with more than 45,000 followers. In the post, the user claims, “Strong rumors are circulating that Apple could be announcing a $1.5B $XRP purchase today.” The size of the account’s following helps the message spread quickly, drawing immediate attention in the XRP community.

Investors Eagerly Await Apple’s $90B Buyback Announcement and Dividends

admin — Thu, 04 May 2023 12:16:48 +0000

Apple expects a 5% drop in revenue amid sluggish sales for Mac and iPad. The Street expects the Apple board to authorize $90 billion worth of buybacks and share repurchases.

Later today on Thursday, May 4, Apple Inc (NASDAQ: AAPL) will report its quarterly earnings with the Street expecting muted results from the tech giant. As per the company’s guidance, revenue could see a dip of 5% due to a drop in Mac and iPad sales. However, considering the fact that Apple has huge cash reserves, the Street expects Apple to put it to work in the form of stock buyback. It will be interesting to see how much the board authorizes spending on buybacks and dividends. This would be another way for Apple gaining investors’ confidence while telling the world how profitable the business is.

As per Wall Street expectations, Apple shall announce buyback and dividends of $90 billion, which is equal to last year’s authorization figure. Over the past decade, the iPhone manufacturer has been conducting regular buybacks.

From 2012 to the end of 2022, Apple has conducted over $575 billion of total share buybacks and repurchases, the most by any company so far. Also, since 2013, Apple has been announcing board authorization levels every time during the second-quarter earnings report.

Competing with Apple in the buyback process is another tech giant Alphabet, which has announced $178.5 billion in share repurchases over the past decade. Last week itself, Alphabet announced a total of $70 billion in share repurchases.

Analysts at Bank of America and Barclays Bank are expecting $90 billion in authorization from Apple. When asked how long can Apple maintain this pace, the Barclays analysts noted that they “expect AAPL to continue to work toward being net cash neutral sometime in the future”.

Explaining this, Apple’s finance chief Luca Maestri said that the company aims to be Net Cash neutral. This refers to a point wherein the company’s cash pile is equal to its debt.

Guidance for Apple

Since the beginning of the Covid pandemic in 2020, Apple hasn’t given any guidance citing uncertainty. However, the company has been consistently giving out data points to investors regarding their overall sales and individual product lines.

For the June quarter, some analysts are also expecting an annual drop in sales. In a note to investors this week, Bank of America’s Wamsi Mohan wrote:

“We expect F3Q guide to imply another [year-over-year] decline; but we expect that to be lower than the F2Q.”

For the third quarter, analysts are expecting Apple’s revenue to increase by 2% to $84.7 billion. JPMorgan analyst Samik Chatterjee said that even if the outlook is soft, Apple could be benefitting from “flight to safety” positioning. He added:

“The eventual outcome might be simply driven by F3Q guidance, where investors might be looking for assurance and visibility into limited downside despite a tough macro.”

Chatterjee added that despite Apple’s guidance of a 5% dip in revenue, the company’s fundamentals are still robust.

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Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.

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As Shiba Inu, Dogecoin vie for meme primacy, a pair of crypto exchanges take top spots on Apple’s App store

admin — Thu, 28 Oct 2021 23:42:52 +0000

Appetite for crypto may be nearing another level of unbridled enthusiasm, at least by gauging the top Apps being downloaded on Apple’s App store.

The U.S.’s No. 1 crypto exchange Coinbase Global
BTCUSD,
-1.56%
was in pole position, at last check on Apple’s platform, but in the No. 3 spot, just behind popular social-media app TikTok, was rival crypto platform Crypto.com.

Crypto.com ranks as No. 20 among the top global crypto exchanges, according to data site CoinMarketCap.com, but was gaining healthy traction on Apple’s platform. Coinbase, which went public in April, has enjoyed nearly unrivaled attention in the crypto arena, at least from a marketing standpoint, with its highly publicized springtime listing on the Nasdaq Inc.
NDAQ,
+2.28%

However, lately, challengers have been mounting, including FTX, co-founded by Sam Bankman-Fried and Crypto.com. The latter recently signed Oscar-winning actor Matt Damon to become the face of the franchise in a bid to woo investors to digital assets, Bloomberg reports. Crypto.com will spend some $100 million on a global campaign, the business site writes.

Meanwhile, FTX, recently brought on baseball legend David Ortiz, aka Big Papi, to join Tom Brady and other luminaries that are touting the benefits of that crypto platform.

The moves come as prices for bitcoin
BTCUSD,
-1.56%,
though volatile, have gained new life in recent weeks, touching fresh records around $66,000 a coin before retrenching.

The euphoria around digital assets like bitcoin and the No. 2 most highly valued coin, Ether
ETHUSD,
+0.40%
on the Ethereum blockchain, come as assets driven by social-media interest have seen stratospheric surges in value, drawing more attention from investors eager to get rich quick from parabolic jumps.

Shiba Inu, for example, became the world’s third most googled crypto in 2021, according to a study, with the meme asset that was created in July in the spirit of rival meme dogecoin
DOGEUSD,
-1.04%
surging around 400,000% since March.

Those are eye-bursting figures that are likely drawing greater interest in the sector from average investors who may not be as accustomed to crypto’s outsize volatility, compared against assets that can be found within the Dow Jones Industrial Average
DJIA,
+0.68%,
or the S&P 500 index
SPX,
+0.98%
or even gold.

Digital assets have garnered greater mainstream interest after the U.S.’s first exchange-traded fund linked to bitcoin was approved and traded. The ProShares Bitcoin Strategy ETF
BITO,
+3.97%
was launched last week, and has drawn over $1 billion in assets.