Apple CEO Tim Cook receives $3.6M from small sale of 30,000 shares, weeks after $1.5M pay cut

A small cache of 30,000 Apple shares were sold by Apple Chief Executive Tim Cook this week as part of a scheduled trading plan, with Cook receiving a total of $3.6 million from the company stock sale.

Malcolm Owen 9 years ago 13

Lion's share of Apple's revenue expansion after 'iPhone 8' expected from services growth

Given the Apple iPhone user base expansion, Apple's Services business led by the App Store is forecast to not only be the prime mover of Apple's income expansion, but also be the largest contributor to gross margin improvements as well.

Mike Wuerthele 9 years ago 13

Morgan Stanley lowers 2017 iPhone 7 sales estimates ahead of next-gen 'supercycle'

Investment bank Morgan Stanley expects Apple to see decreased iPhone 7 demand in the coming months as buyers anticipate this year's "iPhone 8" revamp, one model of which is expected to feature a drastic redesign and exotic technologies like an OLED display.

Mikey Campbell 9 years ago 32

Apple shareholder's meeting scheduled for Feb 28, nine proposals to be voted on

Apple notified the U.S. Securities and Exchange Commission that it will be holding its annual shareholder meeting at 9 a.m. Pacific on Feb. 28 to discuss proposals from the company's board of directors.

Mike Wuerthele 9 years ago 18

Apple to reveal fiscal Q1 2017 results on Jan. 31

Apple on Wednesday announced it will on Jan. 31 report quarterly earnings for the first fiscal quarter of 2017, revealing performance metrics for the new iPhone 7 series and the lucrative holiday shopping season.

Mikey Campbell 9 years ago 11

Apple confirms $1 billion investment into SoftBank's 'Vision Fund' for tech business growth

Apple has confirmed its $1 billion investment in SoftBank's $100 billion SoftBank Vision Fund, of which, the upcoming Trump administration has claimed that $50 billion will be spent on U.S.-based businesses.

Mike Wuerthele 9 years ago 1

Apple predicted to post best holiday quarter revenue ever on strong iPhone 7 sales

Apple could beat its quarterly record for revenue set at this time last year, on the strength of the iPhone, increased Mac sales, and services, one analyst believes. But that growth could also be at the cost of 2017 expansion and a soft "iPhone 8" demand.

Mike Wuerthele 9 years ago 45

Apple loosens shareholder rules for nominating independent board candidates

Apple is making it easier for shareholders to nominate independent candidates for election to its board of directors, although the company is still maintaining some tough limits, a report said on Friday.

Roger Fingas 9 years ago 8

Apple first went public 36 years ago today: now up 18,492 percent

On December 12, 1980, Apple Computer Inc. went public in an Initial Public Offering that sold 4.6 million shares at $22 each, generating more capital than any other IPO since Ford Motor Company in 1956 and instantly creating 300 millionaires.

Daniel Eran Dilger 9 years ago 12

Apple said to be discussing $1 billion add into SoftBank's U.S. investment fund

Apple is reportedly considering a $1 billion investment in SoftBank's $100 billion tech company investment fund, of which, the upcoming Trump administration is claiming $50 billion will be spent on U.S.-based businesses.

Mike Wuerthele 9 years ago 6

Oppenheimer: Apple 'lacks the courage to lead the next generation of innovation'

Oppenheimer analysts have issued an unusually scathing Apple investor memo, charging that the company is headed in the wrong direction and poised for a "decade-long malaise" as a result.

Roger Fingas 9 years ago 200

President-elect Trump considers potential Apple manufacturing in US a 'real achievement'

President-elect Donald Trump's full transcript of his interview with the New York Times has been published, and some details about his conversation with Apple Chief Executive Tim Cook involving U.S. manufacturing have emerged.

Mike Wuerthele 9 years ago 133

Apple SVP Eddy Cue sells $37.5M in AAPL stock

Apple SVP of Internet Software and Services Eddy Cue on Thursday earned sold 335,000 common stock AAPL shares to net himself payday worth $37,473,100.

Mikey Campbell 9 years ago 50

Apple shareholder proposal for more executive compensation oversight coming to vote in 2017

An Apple shareholder has filed a request that Apple implement independent oversight of executive compensation, and Apple's bid to deny the filing has failed, forcing the company to put the proposal to a shareholder vote.

Mike Wuerthele 9 years ago 24

Survey suggests iPhone 7 more popular than Apple's 6s, not as big as 6

Apple's newly released iPhone 7 lineup is poised to outperform its predecessor, the iPhone 6s, a new survey suggests. But outdoing the blockbuster performance of the iPhone 6 series remains a tall order.

Neil Hughes 9 years ago 10

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