Tag Archives: apple
S&P 500 slips, snaps five-day streak of record closes
By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 broke a five-day streak of record closing highs on Thursday, ending a fairly volatile session lower as the market's recent momentum faded and Apple's shares declined. The Dow also broke its two-day string of all-time closing highs, but still ended above 15,000. Continue reading
Brabble for iOS Launches
NEW YORK, May 4, 2013 /PRNewswire/ –The Brabble social sharing app and network for the 21st century launched today with its first product – Brabble for iOS – released on the Apple appstore this w… Continue reading
TECH STOCKS: LinkedIn Slumps While Most Techs Close Higher
Tech stocks ended the week with strong gains Friday, as bellwethers such as Apple Inc., Amazon.com Inc. and EMC Corp. Continue reading
Samsung Electronics first-quarter profit jumps ahead of Galaxy S4 debut
Samsung Electronics Co Ltd reported on Friday its sixth straight quarter of profit growth ahead of the sale of the Galaxy S4 smartphone this weekend, its biggest assault on rival Apple Inc yet. Continue reading
Apple Adds $50 billion to Share Buybacks as Earnings Meet Expectations
NEW YORK (TheStreet) — Apple , eager to win back investor confidence, said it will buyback an additional $50 billion in stock, raising its total outlay for share repurchases to more than $60 billion. Cupertino, Calif.-based Apple reported second-quarter results that met analyst expectations, earning $10.09 per share on $43.6 billion in revenue as iPad sales rose 65% year-over-year to 19.5 million units per year. The company sold 37.4 million iPhones in the quarter compared to 35.1 million in the year-ago quarter. Continue reading
Apple’s cash plan takes heat off Cook, buys him time
By Poornima Gupta and Ben Berkowitz (Reuters) – Tim Cook wants investors to “think different” about Apple: less as a hyper-growth startup-like company and more as a mature but robust technology corporation with the world's most lucrative dividend. If Wall Street follows Apple's famous advertising slogan of old, it may relieve some of the pressure on Apple's chief executive, quiet investors' grumbling about its recent share price slide, and buy the company time to do what it says it does best: come up with and market new products. … Continue reading
Apple Shells Out the Cash: Live Blog Recap
Apple Q2 Results Live Blog NEW YORK (TheStreet) — Apple shelled out the cash in its second-quarter earnings report announcing plans to buy back an additional $50 billion in stock while raising its dividend by 15% for an annual yield of 3% at today’s prices. Cupertino, Calif.-based Apple reported second-quarter results that beat analyst expectations. Apple earned $10.09 per share on $43.6 billion in revenue as iPad sales rose 65% year-over-year to 19.5 million units per year Continue reading
MARKET SNAPSHOT: Apple, Caterpillar: Shocked Stocks Get New Test
Apple Inc. and Caterpillar Inc. Continue reading
Investors brace for more stock volatility on Apple earnings
By Angela Moon and Doris Frankel NEW YORK/CHICAGO (Reuters) – For years, Apple Inc was a stock investor's dream regardless of the market environment. But now concern about the iPhone maker's growth has made many investors wary about a big share swing after its earnings are released on Tuesday Continue reading
