Carl Icahn's decision to dispose of his remaining stake in Apple--and to disclose it on CNBC--sent both AAPL shares and the broader stock market into a tailspin Thursday.While praising the company and CEO Tim Cook, Icahn noted the disposition related to his worries about China. Greater China was Apple's worst-performing geographic [...]
With iPhone sales down, perhaps temporarily, Apple CEO Tim Cook indicated during the company's earnings conference call this week that Apple is always on the look out for exciting new technologies and companies to acquire. Not only that,...Show More Summary
Last month Apple, under CEO Tim Cook’s leadership, slashed prices, selling theiPhone SE for$399 – below the iPhone 5S’s $450 cost without contracts. The Apple Watch also got a haircut of about 50 bucks to sell for $299. An Apple computer store is seen on April 26, 2016 in Miami Beach, [...]
SILICON VALLEY—The tech slowdown may provide a silver lining for Twitter and Apple, top executives at the Bay Area tech companies said after posting disappointing financial results on Tuesday. Apple CEO Tim Cook and Twitter Chief Financial...Show More Summary
But CEO Tim Cook says the company is hustling to catch up on production of the diminutive new phone.
They say the early bird catches the worm, and research suggests there might be some truth to the old adage. Waking up with (or before) the sun allows executives like Apple CEO Tim Cook and "Shark Tank" investor Kevin O'Leary to get a...Show More Summary
On Tuesday Apple reported its first quarterly sales drop since 2003 as part of a pretty disappointing earnings report. But if you hear CEO Tim Cook talk about it, Apple's poor report was due to economic conditions, as well as the fact...Show More Summary
Apple CEO Tim Cook on Tuesday reiterated a positive outlook on Greater China despite suffering a year-over-year revenue contraction during the second quarter of 2016, saying the region is "a lot more stable" than some perceive.
During its conference call for the March quarter's disappointing earnings, Apple CEO Tim Cook confirmed again that Apple continues to be on the lookout for companies to buy. In fact, he suggested that Apple could buy a company larger...Show More Summary
Apple CEO Tim Cook during Tuesday's quarterly conference call said supply of its latest iPhone SE model is constrained due to surprisingly high demand from users who want the latest technology in a small package.
During Apple's quarterly earnings conference call on Tuesday, CEO Tim Cook revealed Apple Music now serves more than 13 million paying subscribers, adding two million customers in as many months.
Following a report this afternoon by Apple (AAPL) this afternoon of fiscal Q2 revenue and profit that missed analysts’ expectations, despited higher-than-expected iPhone sales, and a weaker-than-expected Q3 forecast, CEO Tim Cook and team spoke with analysts on a conference call. Show More Summary
CEO Tim Cook said the company faced "macroeconomic headwinds," which is code for having a really hard time convincing people to buy iPhones, iPads and Macs.
With drops in revenue and iOS device sales in what CEO Tim Cook called a “challenging quarter,” highlights from Apple’s Q2 2016 earnings today include an increase in Apple Music subscribers, more cash for Apple’s capital return and share...Show More Summary
Apple just posted its official Q2 2016 earnings report and we’ve broken down how that compares to previous quarters. Next up on the schedule is Apple’s quarterly conference call with analysts where CEO Tim Cook and CFO Luca Maestri typically...Show More Summary
The Apple Music music streaming service has 13 million paying subscribers, Apple CEO Tim Cook said on an earnings call Tuesday afteroon. In February 2016, Apple announced that it had 11 million paying Apple Music subscribers. So that's...Show More Summary
Kicking off Apple’s investor conference call following the company’s announcement of quarterly numbers for Q2 2016, Apple CEO Tim Cook reported again that Apple sold 51 million iPhones, but noted that the numbers fell short of the iPhone sales in the year-ago quarter. Show More Summary
During an earnings call marked by a lot of less than stellar news, Apple CEO Tim Cook did manage to locate some bright spots in the company’s ever-expanding portfolio. Among them was a steady increase in paying Apple Music subscribers. Show More Summary
In which Cook goes through numbers from Apple's second quarter, the first year-over-year decline the company has seen in over a decade. Apple CEO Tim Cook and CFO Luca Maestri spoke with analysts during the company's Q2 2016 earnings call. Show More Summary
During Apple's Q2 2016 earnings call today, CEO Tim Cook announced that Apple Music now boasts 13 million paid subscribers. For those keeping track, that's a jump of 2 million subscribers over the 11 million that Apple reported in February. While...Show More Summary