11/17/2015, 10:11 am
Billionaire hedge fund manager David Einhorn, who once had a high-profile spat with Apple management over the company's use of cash, increased his stake in the iPhone maker significantly last quarter, new filings reveal.
11/16/2015, 03:11 pm
Investment firm UBS believes Apple will sell a record 78.4 million iPhones this holiday season, easily topping the company's best-ever quarter from a year ago and continuing to eat away at competitor market share.
11/15/2015, 12:11 am
Across Apple's fiscal 2015, annual iPad unit sales fell by an astounding 19 percent while iPad revenues fell 23 percent, a plunge from fiscal 2014 of just over $7 billion. The tech industry pundits love to talk about the failure of Apple's tablet business, but are short on the specifics of what's happening. Here's why.
11/12/2015, 12:11 pm
Investment firm Cowen and Company has a bullish outlook for Apple's new iPad Pro, citing performance benchmarks that show the device is capable of replacing many mainstream laptops running an Intel processor.
11/11/2015, 04:11 am
Over the past 12 months of Apple's fiscal 2015 (ending in September), the company "completed 15 acquisitions to enhance and accelerate our roadmap for products and services," noted its chief executive Tim Cook in the company's quarterly earnings call. However, the identity of only nine of these are known, and some of those haven't been confirmed.
11/10/2015, 10:11 am
Investors sent Apple stock sliding on Tuesday following reports that the Cupertino company may have been forced to dial back orders for its new flagship handsets due to lower-than-expected demand.
11/10/2015, 07:11 am
While the iPad lineup has continued to shrink to a smaller portion of Apple's total business, this week's launch of the iPad Pro could reverse that trend, one analyst believes, predicting total iPad sales will account for 15 percent of the company's revenue in 2016.
11/04/2015, 10:11 pm
On November 12, Apple will pay shareholders of record a quarterly dividend of $0.52 per share, but investors must have settled ownership of the company's stock by Thursday November 5 in order to qualify.
10/31/2015, 12:10 pm
After spending $11.2 billion across fiscal 2015 on capital expenditures, Apple anticipates that it will ramp up its investments in manufacturing, data centers, facility and retail infrastructure to $15 billion over the next year.
10/28/2015, 12:10 pm
Concerns that the iPhone 6s upgrade cycle could post first-ever year over year sales declines were alleviated this week, when Apple indicated it expects iPhone sales will grow yet again this holiday quarter. Analysts on Wall Street reacted to the news positively, advising investors to buy in.
10/27/2015, 06:10 pm
Apple reported a spike in its capital return program, spending $17 billion in Q4, including $14 billion in open market stock buybacks in addition to $3 billion in dividend payments to shareholders.
10/27/2015, 05:10 pm
Apple's Chinese revenues soared 99 percent year-over-year in its fiscal fourth quarter, growing from just under $6.3 billion to about $12.5 billion, as CEO Tim Cook sounded optimistic tones about the company's plans for the region.
10/27/2015, 05:10 pm
Apple grew its revenue another 22 percent year over year in its September 2015 quarter, a result set by record iPhone and Mac sales. Following the announcement, executives from the company participated in a conference call with analysts and the media, and notes of inventory follow.
10/27/2015, 04:10 pm
Apple reported yet another record smashing quarter on Tuesday, earning $51.5 billion in revenue and $11.1 billion in net profit on blockbuster sales of 48 million iPhones.
10/26/2015, 03:10 pm
Ahead of Apple's September quarter earnings report, investment firm Cowen and Company on Monday increased its price target to $135, with sales forecasts higher than consensus on Wall Street.
10/23/2015, 10:10 am
Investors are eagerly awaiting the results of Apple's September quarter, due to be reported next Tuesday, in which it's expected Apple will report record sales of 47.8 million iPhones.
Earning a third as many paid users as Spotify in under 4 months, Apple Music already a hit, FBR says
10/20/2015, 09:10 am
Less than four months after it launched, Apple Music already has 6.5 million paid subscribers, or nearly a third of the 20 million who pay for Spotify, a service that has been around since 2008, investment firm FBR & Co. said on Tuesday.
10/19/2015, 09:10 am
Heading into the fall shopping season, Apple stock is investment firm Piper Jaffray's top large-cap pick for the rest of the year and into 2016, citing continued growth for the company's iPhone lineup led by the new 6s series.
10/08/2015, 01:10 pm
Apple's newly launched iPhone Upgrade Program will drive handset owners to upgrade their devices even faster than before, adding to the company's bottom line over the next four-plus years and pushing its stock higher, investment firm Piper Jaffray believes.
10/01/2015, 01:10 pm
iPhone shoppers are increasingly favoring high-end, 64- and 128-gigabyte models, and showing strong early interest in Apple's new interest-free iPhone Upgrade Program, data from an RBC Capital Markets survey suggests.