Large stake investors clash over Apple cash ahead of shareholder meeting

A behind-the-scenes quarrel between APPL shareholders Carl Icahn and the California Public Employees' Retirement System is becoming increasingly public as the two trade barbs over Apple's cash hoard.

Mikey Campbell 12 years ago 90

Shares of Apple, Inc. go ex-dividend as it gears up to distribute nearly $3 billion to holders

Next Thursday, Apple will pay "shareholders of record" the company's quarterly dividend of $3.05 per share, but investors needed to own the company's stock by the market's close today in order to qualify.

Daniel Eran Dilger 12 years ago 17

Carl Icahn invests another $500M in Apple after shares slide

With the share price of Apple dropping more than $40 in Tuesday morning trading following a disappointing earnings report, billionaire investor Carl Icahn announced he has bought another $500 million stake in the company.

Neil Hughes 12 years ago 81

Notes of interest from Apple's Q1 2014 conference call

Apple posted its best quarter ever on Monday, driven by its highest-ever iPhone and iPad sales, as well as one of the best Mac quarters ever. Following the company's earnings release, Apple executives took part in a conference call to discuss the quarter, and notes of interest follow.

AppleInsider Staff 12 years ago 114

Apple reports $13.1B in Q1 2014 profit on record sales of 51M iPhones, 26M iPads

Apple on Monday announced its earnings for the company's first fiscal quarter of 2014, netting $13.1 billion in profit on $57.6 billion in revenue, driven by sales of 51 million iPhones and 26 million iPads — the most ever sold in a single quarter.

Neil Hughes 12 years ago 180

Earnings preview: Wall Street expecting record iPhone, iPad sales from Apple's Q1 2014

This afternoon Apple will report earnings from the company's first fiscal quarter of 2014, and investors expect that the company will reveal record sales of its blockbuster iPhone and iPad product lines, with collective sales of both devices expected to top 80 million.

Neil Hughes 12 years ago 32

Carl Icahn invests another $500M in Apple, promotes increased buyback in letter to shareholders

Activist investor Carl Icahn revealed on Thursday that he just invested another $500 million in Apple, bringing his stake in the company to $3.6 billion. Coinciding with the announcement, he issued a new 7-page letter to investors encouraging them to vote in favor of his share buyback proposal.

Neil Hughes 12 years ago 92

Carl Icahn calls Apple a 'no brainer' investment as his stake grows to over $3B

Billionaire activist investor Carl Icahn took to his official Twitter account on Wednesday to reveal that he has purchased $500 million more shares of Apple stock in the last two weeks, and called his continued investment in the company a "no brainer."

Neil Hughes 12 years ago 85

Apple projected to have sold 25M iPads in record holiday quarter

Last fall's introduction of the iPad Air and iPad mini with Retina display may have helped sales of Apple's tablets achieve double-digit year-over-year gains, according to pre-earnings expectations from Wall Street.

Shane Cole 12 years ago 24

Apple may have sold upwards of 60 million iPhones over holiday quarter

With Apple set to report first quarter financial results next week, many Cupertino-watching analysts are predicting the company to have sold a record number of iPhones during the 3-month period that ended late December.

Shane Cole 12 years ago 103

Wall Street excited about China Mobile's iPhone launch, but Apple's margins will be scrutinized

With the iPhone just days away from arriving on China Mobile, analysts' relief at the long-rumored deal's consummation is paired with curiosity about what concessions Apple may have made to strike an accord with the world's largest wireless carrier.

Shane Cole 12 years ago 38

Blockbuster iPhone 5s & iPad Air propelled Apple to 80M+ holiday iDevice sales - report

Total iOS device sales may have reached 80 million units in the just-concluded December quarter, driven by particularly strong demand for the new iPhone 5s and iPad Air, sales surveys conducted by Canaccord Genuity suggest.

Neil Hughes 12 years ago 32

China Mobile guidance expected to be investors' focus in Apple's next earnings report

When Apple reports its holiday 2013 earnings in a few weeks, investors are likely to be focused on the future, analyst Gene Munster of Piper Jaffray believes, as the upcoming launch of the iPhone on China Mobile takes center stage.

Neil Hughes 12 years ago 14

PC shipments continue to shrink as consumers embrace tablets like Apple's iPad

While research firms Gartner and IDC have very different projections on how Apple's Mac lineup performed in the holiday quarter, both sides can agree on one thing: PC shipments continued to shrink over the holidays, as consumers once again opted for tablets over traditional computers.

Neil Hughes 12 years ago 44

Building a cheap iPhone would be an 'insane idea' for Apple, Needham says

It would be "impossible" for Apple to successfully build a cheap iPhone without doing lasting damage to the company's highly profitable and successful smartphone brand, analyst Charlie Wolf of Needham & Company believes.

Neil Hughes 12 years ago 67

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