02/08/2013, 10:02 am
With Apple actively exploring potential uses for its $137 billion in cash and investments, bringing all of that money back to the U.S. would be a costly move.
02/07/2013, 03:02 pm
Apple on Thursday issued a public statement in response to a lawsuit from hedge fund Greenlight Capital, revealing that the company has been holding "active discussions" on what to do with its $137 billion in cash, while also disputing the assertion that the company hopes to prevent the issuance of preferred stock.
02/07/2013, 11:02 am
David Einhorn, the high-profile hedge fund manager behind Greenlight Capital, has sued Apple over what he believes is a "cash problem" for the company.
02/07/2013, 09:02 am
Even after a quarter widely panned on Wall Street as "flat" or "disappointing," Apple holds the top spot among the most profitable U.S. companies by a significant margin.
02/04/2013, 12:02 pm
Apple's lower gross margins — and, subsequently, its lower stock price — could be largely attributable to cyclical drivers such as capital expenditures and component pricing, paving the way for a significant improvement with the launch of a so-called "iPhone 5S," a new analysis argues.
01/29/2013, 03:01 pm
Though sentiment following Apple's earnings call for the first quarter of fiscal 2013 was overwhelmingly negative, one analyst believes the call deserves a second look to highlight the positives, including the company's strong cash flow.
01/28/2013, 04:01 pm
While Apple's recent stock woes have been driven by investor concerns over the company's slowing growth, one analyst believes the current stock price does not reflect the "stickiness" that will cause existing customers to stay with Apple.
01/27/2013, 07:01 pm
While pundits have taken it upon themselves to explain that investors were "disappointed" with Apple after it delivered its results last week, evidence points to "a premeditated flash dump" enable by high frequency trading algorithms.
01/26/2013, 07:01 pm
Apple didn't provide any Earnings Per Share guidance for the coming quarter. The reason: the company has plans to buy back billions of dollars worth of its own shares. And currently, "they don't know how many shares they will buy back."
01/26/2013, 04:01 am
As Samsung warns investors of the risk of shrinking hardware profits in the future, analysts note that Apple's future potential lies with exponential software growth, something the company has a distant lead in creating and an apparent exclusive in understanding.
01/25/2013, 08:01 pm
This week, Apple announced plans to change the way it outlines guidance, an effort apparently intended to thwart excessively enthusiastic analyst expectations that have resulted in a series of "misses" ultimately blamed upon the company itself.
01/25/2013, 12:01 pm
Shares of Apple dropped more than 2 percent on Friday, continuing the company's selloff after this week's earnings report, and dropping its market capitalization below oil giant Exxon Mobil Corporation.
01/24/2013, 04:01 pm
This year, Apple will spend $10 billion investing in its future. That's a huge increase over last year, and it obliterates the popular notion that the company is drifting off into a highly competitive market with no real plans for innovating in the future.
01/24/2013, 09:01 am
Apple is still growing, but not at the tremendous pace investors have become accustomed to over the last decade, which has prompted analysts to lower their price targets for the company's stock.
01/24/2013, 02:01 am
An after-hours sell off of Apple shares resulted in the company's effective market capitalization falling to $436 billion, just over three times the size of its growing cash reserves, now worth $137 billion.
01/23/2013, 07:01 pm
Despite posting a profit of more than $13 billion on record first quarter revenue of $54.5 billion, shares of Apple bled more than 10% of their value in after-hour trading on Wednesday as investors -- spooked by a hard miss on Mac sales and lack of earnings growth -- ran for cover.
01/23/2013, 05:01 pm
For the first fiscal quarter of 2013 Apple sold 47.8 million iPhones, nearly 11 million more than the 37 million over the same period in 2012.
01/23/2013, 05:01 pm
Apple on Wednesday released its earnings for the first quarter of the 2013 fiscal year, revealing a precipitous drop in both revenue and shipments for Macs, a sector that once made up the core of the company's business.
01/23/2013, 05:01 pm
Apple on Wednesday reported record sales of its iPhone and iPad lineups, along with record revenue, but sagging Mac sales and unmet Wall Street expectations dinged the company. Following its earnings report, the company held a conference call with investors and members of the media, and notes of interest follow.
01/23/2013, 04:01 pm
Apple announced Wednesday a profit of $13.1 billion, or $13.81 per diluted share, on record quarterly revenue of $54.5 billion for the three-month period ended December 29th, 2012.