Apple is reportedly looking to block at least four shareholder proposals ahead of its annual meeting in early 2018, including ones involving human rights and greenhouse gas pollution.
A group of investors led by Japan's SoftBank has reportedly made an offer to buy shares of ride-hailing service Uber, but the tender offer values the firm at a 30 percent discount, with the proposed price per share effectively knocking $20 billion off the value of the company.
On Thursday, Apple paid its shareholders of record (as of November 13th) a quarterly dividend of $0.63 per share, totaling $3 billion in dividends on its outstanding shares for the quarter, on stock that has appreciated 46.5 percent so far in 2017.
Apple continues to leverage bond sales and low interest rates to fund both its stock buyback program and green initiatives, with an upcoming $7 billion sale to hit U.S. debt capital markets.
In a rare blog posting, Apple listed a series of inaccuracies in the "Paradise Papers" tax story reported by the International Consortium of Investigative Journalists, while outlining its business in Cork, Ireland; emphasizing that the company is the "largest taxpayer in the world" and repeating that it "pays every dollar it owes in every country around the world."
After a weekend of speculation, Broadcom has tendered what will likely be a hostile takeover fight for Qualcomm, in an offering valued at $130 billion including debt.
With a better-than-expected iPhone 8 launch quarter, and a highly anticipated debut for the flagship iPhone X, investors on Wall Street are riding high on Apple stock, pushing shares into uncharted territory as analysts increase their forecasts to trillion-dollar market cap levels.
Apple is predicting that for the first quarter of its 2018 fiscal year, ending in December it will make more money than it ever has before, expecting revenue between $84 billion and $87 billion mostly on the strength of the iPhone X.
Exceeding market expectations with another strong quarter, Apple saw growth in its three main businesses of iPhone, iPad and Mac, on its way to $46.7 billion in revenue. Following the reveal, the company held a conference call with media and analysts, and notes of interest follow.
Apple on Thursday reported an iPhone 8 launch quarter that exceeded market expectations, topping revenue from a year ago by 12 percent as Apple's diversified iPhone lineup is showing signs of strength.
Thursday afternoon's quarterly earnings report from Apple will be the first indication the company has given as to the performance of the iPhone 8 since it debuted in late September, though any concrete indication of the performance of the iPhone X will likely remain mum until the conclusion of the holiday period.
Apple recently handed out restricted stock unit awards to its leadership team, with executives including SVP of Retail Angela Ahrendts, SVP of Worldwide Marketing Phil Schiller and others receiving 128,584 RSUs scheduled to vest through fiscal 2022.
Apple stock is prime for a rally in the run-up to iPhone X preorders on Oct. 27, even if there are concerns about the phone and the company in the future, according to one prominent investor.
Dow Jones' newswire service is now saying that a "technical error" was responsible for headlines claiming Google was buying Apple, which may have briefly inflated the latter company's stock price.
While details on President Trump's proposed tax reform plan remain light, investors are hoping changes could allow Apple to bring some of its overseas cash back to U.S. shores, helping to push the company's stock price to new heights.
Apple's executive team, including head of retail Angela Ahrendts and SVP of Internet Software and Services Eddy Cue, on Sunday saw batches of performance based restricted stock unit awards vest, netting each common shares worth more than $19 million.
Apple on Monday announced it will reveal quarterly earnings for the fourth fiscal quarter of 2017 on on Nov. 2, with the forthcoming expected to include a slight boost from iPhone 8 and 8 Plus sales.
Apple has reportedly finished negotiation of its financial arrangement with Bain Capital and other investors, with a possible announcement of terms of the consortium's deal for Toshiba's chip foundry to be made public as soon as Thursday.
Foxconn is pressing hard for a deal that would give it 25 percent of Toshiba's chip manufacturing business — an arrangement that would end up with Apple controlling 20 percent of the equity as well.
Following initial notice of a pending bond sale, Apple on Wednesday launched a $5 billion U.S. dollar-denominated debt offering to fund its capital return program, outstanding debt, acquisitions and other operational expenses.
{{ summary }}
Roger Fingas
Malcolm Owen
Daniel Eran Dilger
Mike Wuerthele
Neil Hughes
Mikey Campbell
AppleInsider Staff
