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…
