Remember how earlier this month a series of rumors about order cuts on Apple products caused AAPL to drop into a tailspin? During yesterday's quarterly earnings call, Tim Cook took the time to address those rumors. Macworld has put together an excellent transcription of all of his comments, but I'll … [Read more...]
Analysts Hit Back at iPhone 5 Order Cut Rumor
January 15, 2013 by Leave a Comment
Earlier this week, two reports indicated that Apple was massively cutting parts orders for the iPhone 5 — which lead to both some dissent about the analysis, but also a quick drop in Apple stocks. Today, AAPL opened below $500, even as tech commenters and analysts blast the original report as … [Read more...]
Apple Now Most Valuable Publicly Traded Company Of All Time
August 20, 2012 by Leave a Comment
Last year, Apple hit a major landmark by passing Exxon as the most valuable company in the USA. That's nothing compared to where AAPL is sitting right now. See the market cap on that screenshot above? That's $622.62 billion dollars, which officially makes Apple the most valuable publicly traded … [Read more...]
Apple Plans Dividend, Share Repurchase
March 19, 2012 by Leave a Comment
In advance of this morning's conference call, Apple has already announced its financial plans — a quarterly dividend of $2.65 per share, and $10 billion share repurchase program. The former will kick in financial Q4 of this year (which begins July 1), the latter from September 30, … [Read more...]
