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.
03/11/2013, 04:03 pm
Speculation abounds as to what Apple will do with its $137 billion cash pile, but one investment officer believes Cupertino will put the rumors to rest by announcing its plans for the massive cash hoard by next month.
03/11/2013, 02:03 pm
Apple is avoiding paying $13.8 billion in taxes on overseas earnings by doing what a growing number of large U.S corporations are doing with their foreign cash: keeping it away from U.S. shores.
03/11/2013, 10:03 am
It's been almost a year since Apple announced its quarterly dividend and stock buyback plan, and with the company's annual shareholder meeting just concluded, one analyst believes Apple may soon reveal more uses for its $137 billion in cash.
03/07/2013, 09:03 pm
Google's stint as Wall Street's new darling brought another milestone on Thursday, as shares of the internet search giant passed Apple to become the most-owned stock by the 50 largest actively managed mutual funds in the U.S.
03/07/2013, 03:03 pm
Apple's Braeburn Capital subsidiary, which manages the company's vast cash reserves as its "asset management corporation," is no longer located at its last reported address.
03/06/2013, 03:03 pm
A number of analysts reduced their price targets for Apple on Wednesday, though one who just met with the company's executives said those officials are "very optimistic" about the product pipeline and market position.
03/06/2013, 10:03 am
By most metrics, Apple is surging, with record sales and insatiable consumer demand, but it is Google that has become Wall Street's latest stock darling, even as shares of Apple have declined.
03/05/2013, 03:03 pm
Shares of Apple stock recently hit a 52-week low, but analysts at Goldman Sachs are still very optimistic about the company's fortunes, with one analyst saying AAPL is the most undervalued stock the firm covers.
03/05/2013, 01:03 pm
Apple has bested most all of its competitors and is widely acknowledged to make some of the highest quality products in the world, but now a new report says the tech giant will have to adjust to its new role as an industry heavyweight, a change from its traditional underdog status.
03/04/2013, 09:03 am
Berkshire Hathaway chief and respected investor Warren Buffet believes Apple should use its cash pile to buy back more stock while it's at a depressed value, comparing it to buying dollar bills for 80 cents.
03/01/2013, 12:03 pm
After making waves with a lawsuit and public push for Apple to issue preferred stock, Greenlight Capital withdrew its complaint from court on Friday.
02/27/2013, 10:02 pm
With Apple's shareholders meeting a wrap, buzz returns to the company's growing $137 billion cash hoard, which one analyst believes will play a vital role in what could be a trying two-year period for the tech giant.
Apple shareholders reelect board, reject outside proposals on stock retention & human rights committee
02/27/2013, 12:02 pm
The voting portion of Apple's shareholder meeting went as expected on Wednesday, with investors opting to reelect the company's board of directors, while also rejecting outside proposals related to executive stock retention and the forming of a human rights committee.
02/26/2013, 06:02 pm
Apple shares reversed intraday losses and gained slightly after hedge fund manager Doug Kass tweeted a rumor of Apple announcing a stock split at tomorrow's shareholder meeting. However, Kass subsequently sold on the run up and then disavowed the rumor as impossible and unlikely to actually happen.
02/22/2013, 08:02 am
Morgan Stanley analyst Katy Huberty recently met with Apple Chief Financial Officer Peter Oppenheimer, and came away with the impression that Apple will likely increase cash return to shareholders, and potentially release a lower priced iPhone to maintain growth.
02/21/2013, 03:02 pm
Ahead of Apple's annual shareholder meeting, Greenlight Capital presented its sales pitch to investors for Apple to offer preferred stock shares — or, as hedge fund manager David Einhorn referred to them, "iPrefs."
02/21/2013, 09:02 am
Apple now has a chance to reverse recent losses and boost its share price by providing even more of its cash reserves to investors, one analyst believes.