04/23/2013, 05:04 pm
Increasing product sales were offset by reduced margins in Apple's second quarter of fiscal 2013, as the company reported its first year over year profit decline in a decade. Executives from the company participated in a conference call on Tuesday to discuss the results, and notes of interest follow.
04/23/2013, 04:04 pm
Apple on Tuesday announced what the company characterized as a "significant increase" to its capital return program, with plans to utilize $100 billion in cash by the end of calendar 2015.
04/23/2013, 12:04 pm
Investors will likely look back on Apple's fiscal year 2013 as "a year to forget," though it will set the stage for a strong 2014, one analyst believes.
04/22/2013, 05:04 pm
A snowballing new "whisper campaign" is targeting Apple's chief executive Tim Cook as being poor choice to run the company and a likely candidate for replacement in the months following its most successful quarter ever.
04/22/2013, 02:04 pm
Expectations are low for Apple's recently concluded March quarter, in which some market watchers believe the company likely saw its first year-over-year profit decline in a decade, despite booming sales of its iPad lineup.
04/22/2013, 02:04 pm
Negative media attention and reports of sales underperformance have roiled the waters at Apple, and that disturbance has had ripple effects in the iPhone maker's multi-billion dollar supply chain environment.
04/17/2013, 01:04 pm
Shares of AAPL stock briefly dipped below $400 on Wednesday as concern about the company's impending earnings report, as well as its future, reached a fever pitch.
04/15/2013, 05:04 pm
David Miller, who made headlines last year with an unauthorized purchase of $1 billion in Apple stock, plead guilty on Monday to wire fraud and conspiracy before a U.S. magistrate judge.
04/12/2013, 01:04 pm
RBC Capital Markets on Friday cut its estimates for Apple's just-concluded March quarter, citing apparent weakened demand, but the firm also believes that the iPhone maker could pick up steam in the second half of the year.
04/11/2013, 02:04 am
In a note to investors on Thursday, Morgan Stanley analyst Katy Huberty, who recently met with Apple management, said the company could debut new internet-based services as well as a "killer app" later this year.
04/01/2013, 06:04 pm
In an update to its Investor Releations webpage on Monday, Apple announced that its next quarterly conference call will take place on April 23, and is expected to cover the company's second quarter performance including profits and sales numbers.
04/01/2013, 02:04 pm
China's recent state-sponsored, anti-Apple campaign might not just be empty rhetoric: it could, according to one estimate, cost Apple $13 billion in sales in the country.
04/01/2013, 10:04 am
Equity mutual fund Fidelity Contrafund, the largest active Apple shareholder, has cut its stake in the company by 10 percent.
03/26/2013, 08:03 am
Noted AAPL bull Gene Munster has softened his outlook for the company through the first half of 2013, though he expects that Apple will rebound and return to growth to close out the year.
03/19/2013, 11:03 am
It's been exactly one year since Apple announced it would begin paying a quarterly dividend of $2.65 per share. Now, in light of the company's recent stock woes, calls for Apple to increase that dividend are growing.
03/18/2013, 08:03 pm
Moody’s Investors Services noted in a report today that Apple's cash pile could reach $170 billion this year if the company doesn't change its policies regarding dividends and stock buybacks.
03/15/2013, 09:03 am
Apple is rumored to be drawing down build plans for current iPhone models ahead of product refreshes in the second half of 2013, which has prompted Sterne Agee to reduce its forecasts.
03/12/2013, 06:03 pm
With its cash pile growing and stock performance slumping, a report claims that Apple will initiate a share buyback program or issue increased dividends in an effort to mete out value to its investors.
03/12/2013, 03:03 pm
Apple should borrow money at low costs against its significant overseas cash position to avoid a tax hit when repatriating that cash, one analyst believes.
03/12/2013, 09:03 am
Investment firm Jefferies believes there is a 25 percent chance Apple will miss its quarterly guidance, and has accordingly cut its price target for AAPL from $500 to $420.