10/25/2016, 05:10 pm
Apple closed the book on its fiscal 2016 with a quarterly earnings conference call, marking the end of the first year where iPhone sales declined. However, Apple is bullish on its outlook, particularly with the newly released iPhone 7 series and a growing services business.
10/25/2016, 05:10 pm
As expected, Apple on Tuesday posted its first year-over-year revenue decline in 15 years for the fourth fiscal quarter of 2016, but the company is guiding for a rosy forecast next quarter on strong anticipated iPhone sales.
10/25/2016, 04:10 pm
Apple on Tuesday revealed the results of its fourth quarter of fiscal 2016, in which the company sold 45.5 million iPhones on its way to $9 billion in net income, coming in just slightly ahead of expectations on Wall Street.
10/21/2016, 09:10 am
Analysts are starting to chime in on what they are expecting to see in Apple's forthcoming earnings report, with the latest prediction increasing both revenue and earnings per share significantly over earlier estimates.
10/18/2016, 08:10 pm
Apple last week meted out restricted stock unit awards to its executive team, with the likes of SVP of Internet Software and Services Eddy Cue, SVP of Worldwide Marketing Phil Schiller and others receiving up to 149,667 RSUs scheduled to vest through 2021.
10/12/2016, 12:10 pm
After the iPhone 6s series saw the first-ever year-over-year decline in iPhone sales, things are expected to be back on the rise for Apple leading into next year with the iPhone 7, and carrying into 2018 with an anticipated redesign, according to investment firm UBS.
End of Galaxy Note 7 predicted to help Apple, but 'big beneficiaries' could be other Android devices
10/11/2016, 03:10 pm
While investment firm Wells Fargo Securities believes Apple and its newly released iPhone 7 Plus will benefit from the discontinuation of the dangerous Galaxy Note 7, it also believes that the greatest potential for gains could be non-Samsung Android handsets.
Appealing upsell of iPhone 7 Plus predicted to help Apple's average selling price exceed expectations
10/07/2016, 02:10 pm
While most on Wall Street expect the average selling price of the iPhone will drop this holiday season, RBC Capital Markets believes the greater capabilities of the iPhone 7 Plus could have a counter effect, resulting in stronger-than-anticipated earnings per share for Apple.
10/05/2016, 11:10 pm
A positive earnings pre-announcement from Apple supplier Dialog Semiconductor on Wednesday leads RBC Capital Markets analyst Amit Daryanani to believe iPhone sales are set to outperform Wall Street expectations in the December quarter.
10/04/2016, 07:10 pm
Six of Apple's top executives, including SVP of Internet Software and Services Eddy Cue and SVP of Worldwide Marketing Phil Schiller, each saw 87,578 restricted stock units worth nearly $10 million vest as part of an award granted in 2014.
10/03/2016, 05:10 pm
Apple on Monday moved its earnings call for the fourth quarter of 2016 up two days to Tuesday, Oct. 25, citing an unannounced scheduling conflict.
09/26/2016, 07:09 pm
Apple on Monday announced it will report quarterly earnings for the fourth fiscal quarter of 2016 on Oct. 27, to be followed by a live-streamed conference call on Apple's investor website.
09/23/2016, 08:09 pm
Fulfilling a contract award granted in 2011, Apple SVP of Internet Software and Services Eddy Cue saw 525,000 restricted stock units currently worth $59.2 million vest this week.
09/14/2016, 02:09 pm
Shares of Apple have climbed significantly this week, as investors buy into consumer excitement ahead of the iPhone 7 debut this Friday, hoping the next-generation model will set new records.
09/01/2016, 09:09 am
Most U.S. officials are lining up to fight the $14.5 billion E.U. tax edict with support from assorted talking heads, but the battle appears to be more about which taxation agency the money belongs to, rather than actual support for Apple.
08/31/2016, 07:08 pm
One week after receiving a windfall of restricted stock units -- and cashing in a chunk for a $35.8 million payday -- Apple CEO Tim Cook on Monday sold another batch of his sizable stock cache worth nearly $29 million.
08/31/2016, 01:08 pm
A long appeal process over Apple's Ireland tax bill might have unintended consequences, with a governmental official who has opposed the ruling making claims that the tally will be closer to 19 billion euro ($21.2 billion) when the process concludes.
08/31/2016, 10:08 am
While a prominent Irish businessman is decrying the $14.5 billion tax edict applied by the European Commission with strong language, members from Ireland's government have started the appeal discussion -- but the process may take more time than expected to garner sufficient support from a wide body of lawmakers.
08/30/2016, 11:08 am
While a $14.5 billion payment of back taxes could bankrupt many major corporations, it's pocket change for a company as cash flush as Apple. As a result, analysts surveyed by AppleInsider on Tuesday said they aren't concerned about the European Commission's decision, regardless of how an appeal ultimately plays out.
08/30/2016, 10:08 am
Apple has posted a series of answers to questions about the European Commission's tax ruling, and appears to be unconcerned about any potential financial fallout.