Apple’s share price has increased by 1.17% – to $96.21 in early afternoon trading – after Nomura analysts reported that the 4-inch iPhone SE is on course to sell much…
The hedge fund world has soured on Apple – and in some cases the smart money is turning to Facebook instead. The funds, which helped Apple grow into the world’s…
Feb. 18–Consider this tale of two companies: One is Apple, which posted record revenue of $54.5 billion last quarter and a record net profit of $13.1 billion. The other is…
Hedge fund honcho David Einhorn is having trouble enlisting allies in his battle to get his hands on some of Apple’s $137 billion cash hoard. Two more big investors have…
By early last year, Apple’s cash balance had built to a point beyond what we needed to run our business and maintain flexibility to take advantage of strategic opportunities, so…
NEW YORK – David Einhorn, the 44-year-old investor who attacked Apple Thursday, has a history of taking on companies and winning. The Cornell graduate founded New York-based hedge fund Greenlight…
Technology sector is known for its fast changing dynamics. Rise of Apple Inc. along with its smartphone and tablet saw the fortunes of PC companies declining. In a short time…
Apple Inc. came under attack Thursday from an influential investor for its practice of stockpiling cash. Its hoard totaled $137 billion at the end of last year, and it keeps…
A: Bulls love to say how cheap Apple’s stock is. But is it really? Shares of Apple are trading for 10.5 times the company’s earnings over the past 12 months….
NEW YORK – Greenlight Capital is suing Apple in federal court in New York over attempts to eliminate preferred stock at the world’s most valuable company. Some investors have been…
Apple missed analysts' iPhone sales forecasts in its key holiday shopping period, pummeling shares lower in after-hours trading. Shares of Apple nose-dived $52.01, or 10%, to $462 in trading after…
Don’t hang up on the iPhone just yet. Apple’s cancellation of orders with iPhone parts suppliers is not tied to a drop in demand but to a tech update, according…
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