EU tax investigation concludes, Apple hammered with $14.5 billion bill

On Tuesday, the European Commission handed down its biggest tax penalty yet, ordering Apple to pay 13 billion euros ($14.5 billion) in back taxes — but both Ireland and Apple are appealing the ruling.

Mike Wuerthele 9 years ago 106

Apple CEO Tim Cook sells $36M in Apple stock after receiving 5-year RSU bonus

After receiving a sizable bonus of vested restricted stock units (RSUs) for five years of success as Apple's CEO, Tim Cook on Wednesday cashed in nearly a third of his existing stock cache for a $35.8 million payday.

Mikey Campbell 9 years ago 39

Berkshire Hathaway increases Apple position to $1.46B

Warren Buffett's Berkshire Hathaway took advantage of a dip in Apple's share price during the second quarter, increasing its stake in the company to $1.46 billion as of June 30.

AppleInsider Staff 9 years ago 16

Apple Inc. gears up to distribute $3.2 billion in dividends to shareholders

On August 11, Apple will pay shareholders of record a quarterly dividend of $0.57 per share, but investors must have had settled ownership of the company's stock on Monday August 8 in order to qualify. Apple will pay out $3.2 billion in dividends on its outstanding shares for the quarter.

Daniel Eran Dilger 9 years ago 14

Apple issues $7B U.S. bond to fund stock buybacks, corporate initiatives

In a filing made to the U.S. Securities and Exchange Commission on July 28 made public on Thursday, Apple detailed its latest $7 billion bond sale in the U.S. marketplace.

Mike Wuerthele 9 years ago 13

Apple's iPhone falls from 3rd to 5th in China smartphone marketshare

In the battle for the Chinese smartphone market, Apple has lost ground in both marketshare and shipment quantities to smartphone manufacturers Vivo and Oppo, new data reveals.

Mike Wuerthele 9 years ago 17

Apple reaps $7 billion after finalizing latest bond sale

Apple has completed an anticipated five-part bond sale, raising $7 billion in debt with the help of banks including Goldman Sachs, Merrill Lynch, J.P. Morgan, and Deutsche Bank.

Roger Fingas 9 years ago 26

Apple preparing $7 billion U.S. bond sale to support stock buyback program

Apple continues to leverage bond sales and low interest rates to fund both its stock buyback program and green initiatives, with an upcoming third sale this year to hit US debt capital markets.

Mike Wuerthele 9 years ago 17

Apple boosts R&D spending as revenues stabilize

As iPhone sales show signs of stabilizing after a first every contraction earlier this year, Apple continues to incrementally increase spending on research and development in search of the next big thing.

Mikey Campbell 9 years ago 13

Wall Street breathes a sigh of relief after Apple's better-than-feared June quarter

Apple's June quarter earnings came in slightly higher than expected this week, propelling shares higher by more than 6 percent back over the $100 threshold. Analysts were generally pleased by Apple's results — here's a roundup of their responses, as collected by AppleInsider.

Neil Hughes 9 years ago 11

Apple services will be size of Fortune 100 company by 2017, Cook says

Apple CEO Tim Cook during a quarterly investor conference call on Tuesday said he expects his company's services sector, which continues to exhibit growth despite slumping iPhone sales, to generate revenues equivalent to that of a Fortune 100 company next year.

Mikey Campbell 9 years ago 14

Apple's China revenue dives 33% amid iPhone sales slowdown

Apple on Tuesday announced a steep decline in Greater China revenue for the third fiscal quarter of 2016, but CEO Tim Cook is optimistic about the region's future, one of the company's most important.

Mikey Campbell 9 years ago 9

Notes of interest from Apple's Q3 2016 conference call

Apple's sales continue to decline across its three major platforms — iPhone, iPad and Mac — but the year-over-year losses weren't quite as bad as the market had expected. After reporting the results of its June quarter, Apple executives gave commentary and fielded questions, and notes of interest from the conversation follow.

AppleInsider Staff 9 years ago 26

Apple's Q3 beats expectations with $42.4B in revenue, 40.4M iPhone sales

Though Apple's sales continue to decline year over year, the company's June quarter came in ahead of Wall Street expectations, with the company posting $42.4 billion in revenue and quarterly net income of $7.8 billion.

Neil Hughes 9 years ago 36

Apple's December 2016 quarter could gain extra week, helping sales of next iPhone

Apple has historically added an extra week to its December quarter when the 31st of the month falls on a Saturday — which it does again this year. That extra time could add 3 million iPhone sales to the three-month period, one analyst has predicted.

Neil Hughes 9 years ago 5

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