Preliminary Apple proxy filing details Carl Icahn's $50B stock buyback plan up for shareholder vote

Apple on Friday posted its preliminary proxy statement with the U.S. Securities and Exchange Commission, which included, among other operating necessities, details of a $50 billion stock repurchase proposal submitted by Carl Icahn.

Mikey Campbell 12 years ago 120

Apple's China Mobile deal expected to add 5% to revenue in 2014

Shares of Apple stock surged more than 3 percent on Monday, after news broke that the company has reached a long-awaited deal to begin selling the iPhone in January through China Mobile, the world's largest wireless provider.

Neil Hughes 12 years ago 13

Shares of Apple dip on lack of China Mobile deal, supplier's disappointing earnings

A pair of negative news bites related to Apple hit on Wednesday, potentially explaining why shares of the company dipped nearly 2 percent in morning trading.

Neil Hughes 12 years ago 52

Apple, Inc. stock IPO created 300 millionaires 33 years ago today

Apple's initial public offering on December 12, 1980 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 12 years ago 14

Apple's iPhone 5s remains 'by far the top selling smartphone'

Apple continues to dominate smartphone sales with their flagship iPhone 5s and mid-range iPhone 5c as the handsets took two of the top three sales slots at every major U.S. wireless carrier for the third month in a row.

Shane Cole 12 years ago 87

Carl Icahn files Apple shareholder proposal seeking increase in share buyback program

Billionaire investor and financial activist Carl Icahn has filed a shareholder proposal with Apple, seeking support for spending even more of the company's cash reserves on its own shares.

Neil Hughes 12 years ago 65

Apple, Inc. valuation passes $500 billion, half the market cap imagined last year

Despite reaching a new peak share price for 2013 that pushed Apple's market capitalization above $500 billion, the company's valuation remains where it was in the spring of 2012, at a time when analysts were predicting Apple's market cap would soon double.

Daniel Eran Dilger 12 years ago 72

Apple stock closes above $550, breaks into positive territory for the year

At the close of Friday's trading on the NASDAQ exchange, Apple's stock settled at $556 — up 10 points on the day — marking the first time that shares of the iPhone maker have closed above $550 this year.

Shane Cole 12 years ago 32

Apple, Inc. stock breaks $545 barrier as Samsung calls 'Crisis Awareness' meeting

Apple continued to climb in trading today, closing at $545.96 and reaching a market cap of $491.22 billion as its chief rival Samsung plans for "Crisis Awareness" meeting involving 600 management staff members.

Daniel Eran Dilger 12 years ago 205

Apple, Inc. stock closes at $533, highest point since start of 2013

Apple stock closed up nearly 2 percent today, reaching $533.40 for the highest close since the first days of January.

Daniel Eran Dilger 12 years ago 42

Hedge fund manager David Einhorn still thinks Apple should do more with its cash

Though he is no longer suing Apple over its massive amount of cash and reserves, hedge fund manager David Einhorn still spoke out on the issue on Thursday, stating he still does not believe the company is doing enough for investors.

Neil Hughes 12 years ago 14

Former trader sentenced to 30 months in prison for fraudulent $1B AAPL purchase

A Connecticut court on Tuesday sentenced former trader David Miller to 30 months in prison for enacting and conspiring on an unauthorized purchase worth $1 billion of Apple stock.

AppleInsider Staff 12 years ago 24

Carl Icahn says he'd 'never' push Apple to buy Nuance, only wants increased share buyback

Though billionaire Carl Icahn owns considerable stakes in both Apple and Nuance Communications, the investor revealed this week he has no plans to push for a marriage between the two companies, despite their existing partnerships.

Neil Hughes 12 years ago 38

Apple reported to buy Israeli 3D sensor firm PrimeSense for $345 million

Building on rumors from July, an Israeli financial journal has reported that Apple "finalized the purchase details" on a plan to pay $345 million to acquire 3D motion and machine vision firm PrimeSense.

Daniel Eran Dilger 12 years ago 61

Apple shares may sink below Microsoft in S&P 500 influence after 2013 losses

Apple is in danger of having its four-year run as the leading mover in the S&P 500 stock index ended by old nemesis Microsoft after a rough year in the markets that has left Cupertino battered and Redmond resurgent.

Shane Cole 12 years ago 48

Load More