Tim Cook hints Apple will have 'Made in America' manufacturing fund news later this year

While Apple CEO Tim Cook didn't explicitly answer a question asking about three Apple plants in the U.S., he did note that there would be more announced "later in the year" about employment opportunities generated by Apple.

Mike Wuerthele 8 years ago 0

Notes of interest from Apple's Q3 2017 conference call

Apple again saw its sales and revenue grow in the third fiscal quarter of 2017, with $45.4 billion in revenue on strong iPhone, iPad and Mac sales. Following the news, the company held a conference call with media and analysts, and notes of interest follow.

Neil Hughes 8 years ago 17

Apple's services business alone now the size of a Fortune 100 company, beats out Facebook

With Tuesday's earnings report, Apple has officially met its projections of its services alone being the equivalent to a Fortune 100 company.

Mike Wuerthele 8 years ago 10

Apple's 2017 Q3 sales get a boost from weakening US Dollar overseas

When Apple releases earnings later today, there could be concerns about the lack of any progress on U.S. tax reform—including deep cuts to health care spending aimed at enabling a huge tax cuts—or the repatriation of its overseas cash. On the other hand, political chaos in America has further weakened the US Dollar, enhancing Apple's foreign earnings in Fiscal Q3.

Daniel Eran Dilger 8 years ago 2

Ireland gearing up escrow fund, government supervision for $15.2B tax payment from Apple

Nearly a year after the initial declaration, Ireland is making ready to receive a $15.2 billion tax payment from Apple, and hold it in secure escrow until appeals end.

Mike Wuerthele 8 years ago 37

Apple ranked as most profitable US company by far on newest Fortune 500 ranking

Apple once again has claimed the top spot in global profits, according to Fortune's annual ranking of U.S. companies shaping the world.

Mike Wuerthele 8 years ago 13

Apple to report Q3 2017 earnings on Aug. 1

Apple on Wednesday announced it will on Aug. 1 reveal quarterly earnings for the third fiscal quarter of 2017, traditionally the slowest sales period of the year for the tech giant.

Mikey Campbell 8 years ago 11

Feds said to have filed appeal opposing Apple's retroactive $14.8 billion Irish tax bill

In a first formal step opposing the blockbuster tax ruling by the European Union, the U.S. government has reportedly filed with the European Union General Court to opposition the $14.8 billion mandate by the European Commission.

Mike Wuerthele 8 years ago 0

Apple share prices appear to more than double due to reporting glitch [u]

A problem traced back to the mishandling of daily Nasdaq test data caused the reported share prices of Apple, Google, Microsoft and a handful of other technology sector stocks to fluctuate wildly on multiple financial websites after trading ended on Monday.

Mikey Campbell 8 years ago 9

Apple forecast to sell 41.5M iPhones in solid June quarter

Investors expect iPhone sales will return to growth in the current June quarter, moving up slightly from the same period a year ago, as the world waits for an anticipated "iPhone 8" this fall.

Neil Hughes 8 years ago 6

Apple issues new $1B bond to finance 'green' energy projects

Apple on Tuesday issued its second-ever "green" bond sale, valued at $1 billion, intended to fund the company's renewable energy builds as well as other environmental efforts, like improved energy efficiency.

Roger Fingas 8 years ago 4

AAPL drops in wake of broader tech selloff, claims of throttled 'iPhone 8'

Apple shares are down over $10 since Friday, reportedly part of a broader selloff of U.S. technology stocks, but also reflecting concerns over upcoming iPhones using slower cellular modems than their rivals.

Roger Fingas 8 years ago 33

Notoriously bearish Apple analyst predicts doom because of 'iPhone 8' production delays

An analyst with historically off-target guesses about Apple's hardware intentions and supply chain machinations is claiming that the "iPhone 8" will not only ship later than expected because of Touch ID supply problems, but also claims that full manufacturing won't fully ramp up until the first calendar quarter of 2018.

Mike Wuerthele 9 years ago 31

Weakening US Dollar poised to boost Apple's sales performance overseas

It no longer appears likely that Apple's overseas earnings can be repatriated back to the United States at more favorable tax rates this year, as plans for tax reform—including deep cuts to health care spending aimed at enabling a huge tax cut—have been delayed. On the other hand, unsettling political news is also having an adverse affect on the US dollar, creating an unanticipated side effect: a more favorable currency exchange environment for Apple's foreign earnings.

Daniel Eran Dilger 9 years ago 19

UBS increases Apple price target to $170, sees 'iPhone 8' commanding premium pricing

In anticipation of a pricey flagship iPhone later this year, investment firm UBS increased its price target for AAPL stock on Monday, advising investors to buy in before the launch of the highly anticipated "iPhone 8."

Neil Hughes 9 years ago 9

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