04/26/2016, 05:04 pm
Calling it a "busy and challenging quarter," Apple Chief Executive Tim Cook gave commentary and fielded questions on his company's fiscal 2016 second quarter. Notes of interest from the call with investors and the media follow.
04/26/2016, 04:04 pm
In announcing its first quarterly revenue decline in 13 years, Apple on Tuesday said it will infuse another $50 billion into an ongoing capital return program, a move that comes with a $35 billion boost to the company's share repurchase initiative.
04/26/2016, 04:04 pm
Apple's second fiscal quarter of 2016 officially marks the first time ever that iPhone sales saw a year-over-year decline, as the company shipped 51.2 million handsets on its way to $50.6 billion in total sales.
04/26/2016, 09:04 am
With Apple set to report its first-ever year-over-year decline in iPhone sales this afternoon, analysts continue to look forward to the anticipated "iPhone 7" launch in hopes that it will re-stimulate growth.
04/26/2016, 01:04 am
While the world waits to see just how many iPhones, iPads and Macs Apple sold in the March quarter, a report on the top 150 firms in California's Silicon Valley shows that Apple earned more than 40 percent of the region's total profits in 2015, and its revenues grew 2.5x as fast as its peers year over year.
04/25/2016, 08:04 am
Apple -- the world's most profitable public company -- is a day away from releasing its March quarter earnings. That means that while the company itself is in an official quiet period, everyone else is free to publish false and misleading information about it. Let's take a look at some of the worst fallacies.
04/20/2016, 05:04 pm
In an update to its website on Wednesday, Apple quietly pushed back its quarterly earnings conference call for the second quarter of 2016 by one day to Tuesday, April 26.
As a standalone company, Apple's services business could be worth as much as $260B, Piper Jaffray says
04/20/2016, 10:04 am
Investment firm Piper Jaffray continues to believe that Apple's services business is vastly undervalued by Wall Street, as the company reiterated this week that services should be a larger focus for investors.
04/19/2016, 07:04 pm
Pulling data from Apple's December 2015 earnings report, investment bank Piper Jaffray estimates gross margins on the company's rarely discussed services business could be above 60 percent. And that figure is expected to grow.
04/04/2016, 02:04 pm
Though the firm remains bullish on Apple, Brean Capital believes Apple will see total iPhone sales for 2016 drop by 16 million units, amidst a slowing smartphone market.
03/30/2016, 09:03 am
Cowen and Company upgraded its outlook on AAPL stock to "outperform" on Wednesday with a $135 price target, telling investors it believes Apple will return to growth with this fall's "iPhone 7" and beyond.
03/28/2016, 07:03 pm
Apple on Monday announced an upcoming earnings conference call covering the second fiscal quarter of 2016, a period expected to see the first year-over-year iPhone sales contraction ever.
03/18/2016, 08:03 pm
Apple this week issued a $3.5 billion, U.S. dollar-denominated bond to pay for its capital return program, outstanding debt, acquisitions and other operational expenses, according to a Securities and Exchange Commission filing.
03/16/2016, 09:03 am
While larger iPhones have driven sales among switchers, a new 4-inch iPhone is likely to drive upgrades among existing Apple users, to the tune of up to 15 million units per year, one analyst believes.
03/11/2016, 10:03 am
Analysts on Wall Street expect the new 4-inch "iPhone SE" may be priced at $450, taking the place of the entry-level iPhone 5s. But if Apple were to keep the iPhone 5s around at a cheaper price, it could allow the company to tap into new markets.
03/08/2016, 03:03 pm
Outlook from Apple's supply chain has prompted investment firm RBC Capital Markets to forecast that the anticipated new 4-inch iPhone will net 10 million additional handset sales this year.
03/07/2016, 09:03 am
The European Commission is unlikely to rule on the legality of Apple's tax arrangement with the Irish government any time in the near future, the EU's lead antitrust watchdog said on Monday.
03/04/2016, 09:03 am
Apple will revisit its capital return program in April, and investment firm Piper Jaffray believes the company will use the opportunity to increase both its quarterly dividend payout and share buyback allotment.
03/01/2016, 09:03 am
iPhone shipments in the upcoming June quarter could be better than many investors on Wall Street expect, thanks largely to the anticipated launch of a new 4-inch model, according to the latest information from the company's supply chain.
02/23/2016, 10:02 am
This week's Apple shareholder meeting will be livened up by a proposal from the right-wing National Center for Public Policy Research, which seeks to have the company "review and report" on its operations in "high-risk regions with poor human rights records" after CEO Tim Cook spoke out on the Indiana religious freedom laws last year.