New MacBook Pros are here! Get the lowest prices anywhere: Apple Price Guides updated Aug 19th (exclusive coupons)

Topic: Investor

Hedge fund manager David Einhorn still thinks Apple should do more with its cash

11/21/2013, 04:11 pm

Though he is no longer suing Apple over its massive amount of cash and reserves, hedge fund manager David Einhorn still spoke out on the issue on Thursday, stating he still does not believe the company is doing enough for investors.

14 comments

Former trader sentenced to 30 months in prison for fraudulent $1B AAPL purchase

11/19/2013, 07:11 pm

A Connecticut court on Tuesday sentenced former trader David Miller to 30 months in prison for enacting and conspiring on an unauthorized purchase worth $1 billion of Apple stock.

24 comments

Carl Icahn says he'd 'never' push Apple to buy Nuance, only wants increased share buyback

11/19/2013, 12:11 pm

Though billionaire Carl Icahn owns considerable stakes in both Apple and Nuance Communications, the investor revealed this week he has no plans to push for a marriage between the two companies, despite their existing partnerships.

37 comments

Apple reported to buy Israeli 3D sensor firm PrimeSense for $345 million

11/17/2013, 12:11 pm

Building on rumors from July, an Israeli financial journal has reported that Apple "finalized the purchase details" on a plan to pay $345 million to acquire 3D motion and machine vision firm PrimeSense.

58 comments

Apple shares may sink below Microsoft in S&P 500 influence after 2013 losses

11/14/2013, 05:11 pm

Apple is in danger of having its four-year run as the leading mover in the S&P 500 stock index ended by old nemesis Microsoft after a rough year in the markets that has left Cupertino battered and Redmond resurgent.

48 comments

Shares of Apple, Inc. go ex-dividend as it gears up to distribute nearly $3 billion to holders

11/12/2013, 07:11 pm

On Thursday, Apple will pay "shareholders of record" the company's quarterly dividend of $3.05 per share, but investors needed to own the company's stock by the market's close last Wednesday in order to qualify.

15 comments

Apple now sitting on $10B in deferred revenue, more than Samsung or Google earned last quarter

11/01/2013, 02:11 pm

Apple reported net earnings of $7.5 billion for the quarter ending in September, but it also amassed more than $10 billion in deferred revenues that it hasn't yet declared as income.

83 comments

Wall Street pleased by Apple's surprising Sept. quarter, anticipates huge holiday sales

10/29/2013, 10:10 am

Apple beat Wall Street expectations and left analysts satisfied with its September quarter, though market watchers are already more focused on anticipated blockbuster sales of new iPhone and iPad models in the current holiday quarter.

49 comments

Notes of interest from Apple's Q4 2013 conference call

10/28/2013, 05:10 pm

Apple again beat Wall Street expectations when it posted its fourth-quarter results on Monday, thanks to sales of 33.8 million iPhones during the September frame. Following the company's earnings release, Apple executives took part in a conference call to discuss the quarter, and notes of interest follow.

28 comments

Apple reports earnings of $7.5B on sales of 33.8M iPhones, 14.1M iPads & 4.6M Macs

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.

95 comments

Earnings preview: Apple's Sept. quarter results are all about iPhone for Wall Street

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.

29 comments

$AAPL shares regain highs from early 2013; many Apple analysts' targets now underwater

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.

38 comments

Carl Icahn says he'll consider shareholder proxy vote if Apple rejects his buyback plan

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.

152 comments

Carl Icahn urges Apple to make immediate tender offer for $150B in stock

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.

84 comments

Billionaire Carl Icahn teases letter to Apple CEO Tim Cook to promote new website

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.

42 comments

Wall Street pleased by high-profit pricing of Apple's new Retina iPad mini, iPad Air

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.

46 comments

Apple has sold 170M iPads to date, implying sales near 15M in Sept. quarter

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.

17 comments

Apple bests Samsung, Intel in mobile processor revenues

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.

26 comments

iPhone 5s launch expected to boost Apple's gross margins to nearly 40%

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.

98 comments

Apple to report fourth quarter earnings on October 28

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.

22 comments