According to a filing with the SEC, Apple Inc. (AAPL) Senior Vice President of Technologies, Bob Mansfield has sold off 35,000 shares of AAPL stock for the price of $582.21 per share, which equates to about $20.4 million. Mansfield reportedly has 29,548 shares remaining with the company, and will be offered another stock option of 150,000 shares. These shares will … Read More
Apple Inc. (AAPL) to Announce Q4 2012 Earnings on October 25th
Apple Inc. (AAPL) recently updated their investor relations page to mention that they are going to announce their Q4 quarter earnings. This is the third calendar quarter of the year and is scheduled for Thursday, October 25th. AAPL will live stream an audio webcast 5:00 PM Eastern / 2:00 PM Pacific which is generally the time that the Cupertino company … Read More
Apple Inc. (AAPL) to Discontinue iPhone 3GS and Introduce 8GB iPhone 4S for $99?
Following the introduction of the iPhone 4S, Apple Inc. (AAPL) iPhone 3GS dropped down to $99 and eventually was available for free with a 2 year contract. According to a report from The Telegraph, Apple is now making moves to introduce an 8GB iPhone 4S for $99 and eliminate the iPhone 3GS altogether. This would allow for the iPhone 4 … Read More
Apple Inc. (AAPL) Reportedly Considered Investing “Hundreds of Millions” in Twitter
Early Saturday, NYTimes reported that Apple Inc. (AAPL) was looking to invest “hundreds of millions” in microblogging company, Twitter. The report assumes that either Apple is investing or purcahsing a large stake in the company and that the two companies have been in talks in recent months over such a matter. Apple has considered an investment in the hundreds of … Read More
Apple Inc. (AAPL) to Bring EPIX movie streaming to Apple TV?
Apple Inc. (AAPL) has long been selling movies and television shows on its iTunes Store. Now, according to a Reuters report, the company is reportedly planning to bring EPIX movie streaming to the Apple TV, and likely the new rumored Apple television set. AAPL has been rumored to be in talks at this point, with no specific dates as to … Read More
Apple Inc. (AAPL) Reports Q2 2012 Earnings: $39.2 billion in Revenue
Apple Inc. (AAPL) on Tuesday reported their Q2 2012 earnings results. As always, AAPL is showing record numbers from revenue to profit and is seeing great increase in the sales of their mobile devices. The company reported quarterly revenue of $39.2 billion and quarterly net profit of $11.6 billion. That’s roughly $6.40 per diluted share, which is up almost 94% … Read More
Apple Inc. (AAPL) Rumored to Discontinue 17-Inch MacBook Pro
Apple Inc. (AAPL) MacBook Pro model has been around for quite some time now, serving as the perfect combo between a consumer and pro product, in accordance to the vision of late CEO and Chairman of Apple, Steve Jobs. AAPL introduced MacBook Pro in 2006, and replaced the Powerbook G4, launching the Cupertino company into a wave of success for … Read More
Apple Inc. (AAPL) Products In 51% of US Households
We all know how well Apple Inc. (AAPL) is doing in recent years. Enjoying unparalleled success in products such as the iPhone and iPad. The sentiment since I have been in the Technology business is that “Ya, Apple has cool items but everyone owns Microsoft, Apple is too expensive”. Perhaps people are putting more stock in the quality of AAPL … Read More
Apple Inc. (AAPL) iPad Dominates Even the Big Boys of PC Sales
As we all know, Apple Inc. (AAPL) has released its newest version of the much ballyhooed iPad, dubbed “The new iPad”. Why doesn’t AAPL give it some crazy sleek name to promote it? They don’t have to. The iPad is currently outselling HP in total PC Sales in units. Impressive? Yes, especially when you add to that list Dell, Lenovo … Read More
Samsung’s 3G Patent Suit Against Apple Inc. (AAPL) Tossed in German Court
Earlier today a German court ordered two patent rulings which involved Apple Inc. (AAPL) and Samsung. In Mannheim Regional Court Judge Andreas Voss tossed the third lawsuit in a row in which Samsung claimed that AAPL infringed on 3G/UTMS patent. Samsung has already announced that it will appeal the dismissal of its case. In addition to the ruling in Apple’s favor … Read More
Apple Inc. (AAPL) Market Capitalization Crosses Half-Trillion Dollars
Apple Inc. (AAPL) stock earlier today surpassed the $500 billion mark in market capitalization. This major milestone for AAPL came in after-hours trading yesterday and now has passed it in regular trading as the day opened for trading. The stock price of the Cupertino, Calif. based company has already seen 13% increase with 50-point gain during the first month of … Read More
Apple Inc. (AAPL) Highlights ‘iCloud’ in New TV Ad
Apple Inc. (AAPL) recently launched a new TV ad called “Harmony” which in 30 seconds highlights iCloud service for iOS and OS X. AAPL has been posting a series of iPhone 4S ads which show the all-new voice assistant Siri and the much improved camera and now with the latest ad the focus has turned to iCloud. iCloud automatically stores … Read More
Apple Inc. (AAPL) Enhances Japanese iTunes: iTunes Plus, 3G Downloads, Ringtones, Complete My Album
Rumors earlier in the week suggested that Apple Inc. (AAPL) was looking to roll out their iTunes in the Cloud services to its Japanese users, and on Wednesday, Apple did exactly that. This allows Japanese users to freely download previous content from the iTunes Store. A report from 9to5Mac also revealed that AAPL included a number of other features to … Read More
Apple Inc. (AAPL) Grants ABC’s ‘Nightline’ Access to Foxconn Factories
In an unprecedented move by Apple Inc. (AAPL), the company has allowed ABC’s ‘Nightline’ to access and report on Foxconn factories in China. Apple in recent times has come under the spotlight due to allegations of forced over time, under age labour and explosions in its supply chain factories. AAPL has always as a company policy never commented on future … Read More
Apple Inc. (AAPL) Grand Central Retail Store Results in 7% Increase in Sale for Neighbors
Apple Inc. (AAPL) opened its fifth retail location in New York City late last year, and experienced many controversies over the amount of rent that the Cupertino company paid to the Metropolitan Transit Authority, roughly $60 per square foot. However, the AAPL retail store is now turning the tables on those who complained about the rent sharing issue, proving that … Read More