09/27/2013, 03:09 am
Celebrity investor Carl Icahn made news when he bought over $1 billion of Apple stock earlier this year, but Icahn's investment pales in comparison to the company's own $60 billion stock buyback program, which gobbled up $16 billion in shares over the June quarter.
09/26/2013, 10:09 am
Billionaire investor Carl Icahn will meet with Apple Chief Executive Tim Cook in New York City on Monday to discuss Icahn potentially adding to his stake in Apple, according to a new report.
09/23/2013, 04:09 pm
After Apple's Monday morning announcement of record-breaking sales for Cupertino's newest flagship iOS devices, sentiment among analysts is generally positive.
09/23/2013, 02:09 pm
Having just announced record sales figures for its latest iPhone models, Apple has revised its earnings estimates upwards in order to reflect its considerable sales.
09/16/2013, 04:09 pm
Assorted investment analysts who downgraded Apple stock in the wake of last week's new iPhone 5c reveal may have been a bit hasty, according to a new report out from UBS that says Cupertino may have earned the benefit of the doubt.
09/16/2013, 05:09 am
Apple's iPhone 5s announcement included a surprise leap to a new 64-bit ARM chip architecture, a subject that has sparked lots of confusion and misinformation. But the secrecy surrounding the A7 may also have fooled analysts into slashing their sales expectations and downgrading the company's stock targets.
09/11/2013, 11:09 am
Market watchers hoping for Apple to introduce a radically cheaper iPhone model this week came away disappointed, as the company opted to maintain its smartphone pricing strategy rather than aggressively cutting margins.
09/06/2013, 12:09 pm
Apple needs to introduce another "wow" element with its new iPhones, says British financial services company Barclays, if the company wants to really differentiate its smartphones from the competition and reignite investor interest.
08/27/2013, 07:08 pm
Filings with the U.S. Securities and Exchange Commission on Tuesday reveal Apple executives Tim Cook and Eddy Cue exercised stock options last week, though only Cue opted to sell a portion of his vested stock for a total of $12.4 million.
08/26/2013, 02:08 pm
A new report reveals hedge fund investors turned back to Apple for investments in the last quarter, making the Cupertino company the most-held stock among those investors.
08/22/2013, 03:08 pm
Billionaire investor Carl Icahn, who owns a major stake in Apple, is planning to discuss expanding the company's share buyback program with Chief Executive Tim Cook next month.
08/21/2013, 02:08 pm
Investment firm UBS sees shares of Apple rising more than 10 percent in the near future based on the potential for a lower-cost iPhone to make a big splash in the Chinese smartphone market.
08/20/2013, 02:08 pm
Institutional investors appeared to have lost some faith in Apple's performance last quarter, as a new examination shows that their holdings in the iPhone maker dropped 4 percent over the period.
08/19/2013, 12:08 pm
If Apple were to heed the advice of investor Carl Icahn and increase its share buyback program, it could have a quick and significant effect on the company's stock, a new analysis has found.
08/16/2013, 07:08 pm
Apple senior vice presidents Phil Schiller and Dan Riccio sold company stock worth over $20.4 million this week, with Schiller's sale accounting for nearly $18.6 million, according to a filing with the U.S. Securities and Exchange Commission.
08/16/2013, 03:08 am
Over the past fifteen years, both Apple and Microsoft have invested in Apple, while Microsoft has also invested in itself. Here's a look at how those investments worked out, with particular attention to stock buybacks, a panacea certain billionaire investors are prescribing for Apple.
08/15/2013, 08:08 am
With billionaire investor Carl Icahn pushing for Apple to initiate a larger share buyback, RBC Capital Markets believes the iPhone maker could nearly double its current $60 billion in planned expenditures while maintaining a manageable level of debt in order to boost its share price.
08/14/2013, 10:08 pm
Apple is paying its shareholders another quarterly dividend on Thursday, but spending about $110 million less because it has bought back and retired 36 million shares over the June quarter.
08/14/2013, 04:08 pm
After taking over as Microsoft's chief executive in 2000, Steve Ballmer presided over the liquidation of Apple's stock his company had acquired three years earlier in its $150 million investment in Apple. In retrospect, that was a fantastically bad idea.
08/14/2013, 12:08 pm
With Apple apparently set to debut its latest iPhone models at a media event on Sept. 10, and strong support from a high-profile billionaire investor, the company's stock surged beyond the $500 mark on Wednesday, the first time it has crossed that threshold since January 23.