Wall Street is betting that Apple will offer investors tens of billions of dollars in new share buybacks this week.» Read More
CUPERTINO, Calif., Feb 28- Apple Inc sold more than $1 billion of Apple TV set-top boxes in 2013 and is investing heavily in the next generation of products, Chief Executive Tim Cook said at the company's annual meeting on Friday.
CUPERTINO, Calif., Feb 28- Apple Inc Chief Executive Officer Tim Cook said the company sold more than $1 billion worth of Apple TV set-top boxes in 2013 and reassured shareholders at the annual meeting that the company is investing heavily in the next generation of products.
Apple's Tim Cook says the company's research and development spending is up 32 percent year-over-year, reports CNBC's Josh Lipton. The shareholders did re-elect all eight nominees to the board of directors.
Discussing Apple innovation and what products the tech giant plan on introducing next, with Bruce Tognazzini, Norman Nielsen Group principal.
CNBC's Jim Cramer said Apple shareholders need the company to come up with something "revolutionary."
Colin Gillis, director of research and senior technology analyst at BGC Financial, discusses what investors expect to hear from CEO Tim Cook at Apple's annual shareholder meeting. With CNBC Jon Fortt.
Tom Forte, Telsey Advisory Group, discusses what he expects to hear today at the tech giant's annual meeting. Management could likely reiterate its comments about new products which could include a watch and television, says Forte.
Why does Apple, the most valuable U.S. company, insist on not joining?
Are big bank leaders like Jamie Dimon the most influential on Wall Street—or activist investors like Carl Icahn?
E-commerce auction house eBay became a darling among top U.S. hedge funds in the fourth quarter just before billionaire activist investor Carl Icahn urged the company to spin off its PayPal payments business, regulatory filings showed on Friday.
NEW YORK, Feb 14- E-commerce auction house eBay Inc became a darling among top U.S. hedge funds in the fourth quarter just before billionaire activist investor Carl Icahn urged the company to spin off its PayPal payments business, regulatory filings showed on Friday.
Jeneanne Rae, Motiv Strategies CEO, explains how companies who are highly invested in design outpace the S&P 500. CNBC's Herb Greenberg provides insight.
Apple's $14 billion buyback spree signals confidence in a big new product, CNBC's Jim Cramer said Tuesday.
Feb 10- Billionaire activist investor Carl Icahn has backed off from his proposal that Apple Inc increase its stock buybacks, citing the company's recent repurchases as well as an influential proxy adviser's call against his proposal.
Feb 10- Billionaire activist investor Carl Icahn said he saw no reason to keep demanding that Apple Inc increase its stock buyback plans, citing the company's recent stock repurchases as well as an influential proxy adviser's call against his proposal. Apple shares were up 1.8 percent at $529.20 in morning trading.
Carl Icahn got most of what he wanted from Apple. But is that really good for the company?
Activist investor Carl Icahn waved the white flag Monday in his campaign to prod Apple into buying back more of its stock.
Feb 10- Carl Icahn said he sees no reason to persist with his proposal that Apple Inc buy back $50 billion of its shares, given the recent share repurchases by the iPhone maker.
Whatever it is Apple has cooking (and many expect a watch or possibly a more serious entry in the television space), it can't come soon enough.
But Apple shares rose 1.4 percent on Friday to $519.68, and the buyback should afford Chief Executive Tim Cook some kudos from big investors like Carl Icahn, who have been urging the company to return more money to shareholders.