Apple shareholders aren’t the only ones concerned about the company’s recent earnings report. Apple Chief Executive Tim Cook expressed his consternation over the tech giant’s stock drop at the company’s annual shareholder meeting on Wednesday morning.
During his visit to China, Tim Cook called the country the second most important market for Apple. The company’s strategy in Asia has been Greater China, including Taiwan and Hong Kong, where revenue grew 60% in the holiday quarter to $7.3 billion. These are great numbers, but what about India,
In a conference call with Apple investors, Greenlight Capital Inc. founder David Einhorn announced his proposal for Apple Inc. to issue preferred stock to its shareholders. Einhorn says the strategy would give more value to investors without touching Apple’s stack of cash. “iPrefs” as Einhorn calls them, would roll out
It didn’t take long for Apple to stir up some buzz after President Obama mentioned the tech giant in Tuesday’s State of the Union address.
Let’s face it, the iPhone is everywhere. Commercials are on television, and any retailer worth its square footage carries the pertinent models. Sooner or later, though, the market will be saturated, right? At some point, iPhone sales will hit a bit of a dead end, right?
Apple rumors are always juicy, but this latest one takes the cake. Apple is falling apart because Jony Ive and its design team have too much power, designing ultra-sleek products that are difficult to manufacture. This, according to a respected analyst.
Stop us if you’ve heard this one: the next iPhone will have a larger screen. We’ve heard that too, and we can now say it’s okay to forget about it. No less a man than Tim Cook, the CEO of Apple, has dashed the hopes of those seeking a bigger
After eighteen months of running Apple following Steve Jobs’ untimely death, dark clouds have gathered above Tim Cook’s head: Apple is expected to report its first profit drop in a long time. This begs the question: Is Tim Cook a perfect fit for the CEO position, or should the Apple board
Aubrey Johnson, a former employee at Color, a company which offers users the ability to share photos and live video on Facebook, according to its Twitter page, has an interesting story about the classy style with which Steve Jobs, then Apple’s CEO, acquires a company. The story goes back to
US District Judge Lucy Koh has ordered Apple CEO Tim Cook to give a deposition in a lawsuit which alleges that technology companies–including Apple–violated antitrust laws by signing an agreement to refrain from recruiting each other’s employees.