S3 Partners says Apple was the most shorted company at $9.8 billion, ahead of Amazon, Tesla, and Alphabet- but it may be a function of Apple's prominence and high valuation.
Analysts at Goldman Sachs are taking an "opportunity to eat our hat" on earlier caution about Apple's financial prospects, based on not just what the iPhone X has done, but what they expect the iPhones expected to be announced at the "Gather round" event will do.
After a months-long race to become the first American company to reach a trillion-dollar market cap, Apple hit the milestone in August. Amazon joined them, briefly, on Tuesday.
Apple, which began August by hitting $200 a share and crossing the trillion-dollar valuation mark the following day, hit another new all-time closing high of $227.63 on August 31.
Thursday is Warren Buffett's 88th birthday, and to celebrate, the legendary investor sat down with media outlets to discuss investment strategy, including his position on Apple.
The National Legal and Policy Center (NLPC), a Virginia-based conservative pressure group, plans to introduce a shareholder proposal for Apple to "review its policies related to human rights" in China.
Apple CEO last week was granted 560,000 vested restricted stock, split between time- and performance-based awards, and in a subsequent selloff of the bonus gained nearly $58 million.
Barring some sort of financial disaster, Apple CEO Tim Cook is set to collect stock worth a massive $120 million on Friday.
New Street Research drops iPhone down to "sell," arguing that the iPhone X's popularity will negatively impact the upgrade cycle. It's a striking reversal from the analyst conventional wisdom of just a few months ago.
Financial mogul Warren Buffett's Berkshire Hathaway loaded up on shares of Apple in the second quarter of 2018, increasing the fund's position to nearly 252 million shares at the end of the three-month period.
The longtime consumer advocate, in a new interview, says Apple could have spent its cash pile on hiring, on pensions, or on stepped-up recycling programs, rather than on stock buybacks.
Apple remains the most valuable company in the portfolio of Warren Buffett's company, which has been gradually increasing its Apple stake since 2016.
Apple spanned international headlines by becoming a trillion-dollar company in valuation, and more from the Apple beat.
This week on the AppleInsider Podcast, William and Mike talk about Apple's earnings call and how the firm may or may not be the world's first trillion-dollar company. Mike also finds a way to manage our expectations about the forthcoming Mac Pro and then breaks William's heart over the future of keyboards.
The day after its stock hit the $200 mark, Apple became the first $1 trillion U.S. company in history, beating Amazon to earn the first 12-figure company valuation in the history of business.
Despite some erroneous reports on Thursday morning universally based on outdated data about the number of outstanding shares, Apple's valuation has not yet reached $1 trillion, but it is on its way.
The company just increased its research and development budget for about the 15th consecutive year but it's not a direct sign that there are new product categories coming soon.
Following a $23.5 billion buyback in the March quarter, Apple discreetly bought up another $20 billion of its own shares off the open market in the June quarter, taking advantage of the continued, vapidly ignorant noise generated by analysts and financial news sites who bizarrely wondered aloud for months when and how Apple might "kill" the most advanced, commercially successful smartphone it has ever produced.
Apple's capital outlay for research and development operations continued to balloon in its third fiscal quarter of 2018, with the company spending $3.7 billion on future products and services, up $760 million year-over-year.
During Apple's quarterly conference call for the third quarter of 2018, CEO Tim Cook made two announcements regarding Apple Pay's planned expansion for the year.
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Stephen Silver
Mikey Campbell
Roger Fingas
Mike Wuerthele
William Gallagher
Daniel Eran Dilger
Andrew O'Hara
