10/28/2013, 04:10 pm
Apple said Monday that fourth-quarter profits slipped roughly 8.5 percent to $7.5 billion, or $8.26 per diluted share, on revenues of $37.5 billion -- better than most Wall Street analysts had been anticipating.
10/28/2013, 09:10 am
This afternoon after markets close, Apple is set to announce its earnings for the recently concluded September quarter. But analysts are mostly interested in any comments the company may have about improving iPhone 5s production, as well as sales of the iPhone 5c.
10/24/2013, 06:10 pm
Apple's stock has returned to highs not seen since the beginning of the year, closing today above the price targets of a number of financial analysts and increasingly challenging the value of vast new buyback plans advocated by celebrity investor Carl Icahn.
10/24/2013, 12:10 pm
Appearing in a television interview Thursday afternoon, billionaire investor Carl Icahn said that he would consider, but will not commit to, a possible proxy vote to force Apple executives to buy back more of their own shares, if they don't agree to his proposal.
10/24/2013, 09:10 am
In an open letter to Apple Chief Executive Tim Cook, billionaire investor Carl Icahn has pushed the company to issue an immediate tender offer for $150 billion in stock from shareholders at current market value.
10/23/2013, 03:10 pm
Well-known investor Carl Icahn has sent a letter to Apple Chief Executive Tim Cook continuing to push for a larger share buyback, and the billionaire plans to divulge the contents of the letter on a new website he will launch this week.
10/23/2013, 10:10 am
Apple's pricing strategy with the iPad Air and new iPad mini with Retina display should help the company's gross margins, analysts believe, while free software offered with new iOS and Mac device purchases should help drive upgrades and further tie users into the company's ecosystem.
10/23/2013, 09:10 am
Though many customers were waiting for Tuesday's announcement of new iPads, Apple still managed to ship near 15 million units in the September quarter, new data provided by the company implies.
10/11/2013, 02:10 pm
Thanks to the massive popularity of the iPhone and iPad, Apple has become one of the five largest makers of processors for mobile devices by revenue in the world, according to new data.
10/08/2013, 08:10 am
Historically, 'S' versions of Apple's iPhone lineup have led to stronger margins than full-fledged redesigns. That's why one analyst expects the newly released iPhone 5s to push Apple's gross margins toward 40 percent in the coming quarters.
10/07/2013, 06:10 pm
Apple said Monday it plans to announce its fourth fiscal quarter results immediately following the close of the stock market on October 28.
10/07/2013, 09:10 am
Investment firm Jefferies, which slashed its price target for Apple stock in March after incorrectly expecting a television set from the company in 2012, is once again bullish on the iPhone maker, and on Monday advised investors to buy.
10/04/2013, 08:10 pm
Four months after raising questions about Apple's foreign earnings and taxes, the U.S. Securities and Exchange Commission has ended its investigation without plans to take any further action.
10/02/2013, 08:10 am
Of the $1.48 trillion in cash held by U.S. non-financial companies as of June 30, Apple's $147 billion in reserves accounted for 10 percent of all companies, new data shows.
10/01/2013, 02:10 pm
While he initially described dinner with Tim Cook as "cordial," Icahn later revealed in an interview that his talks with Apple's CEO about the use of the company's cash reserves were "a little testy" at times.
10/01/2013, 10:10 am
Apple Chief Executive Tim Cook met with billionaire investor Carl Icahn for dinner on Monday night, in a meeting in which Icahn pressured Cook to initiate a $150 billion buyback of AAPL stock.
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.