The C-suite promotion of Jonathan Ive could signal a renewed focus on new products from Apple, according to analyst Dan Ives.» Read More
NEW YORK, May 21- Billionaire activist investor Carl Icahn said Thursday that mutual funds will increasingly realize that being underweight shares of Apple will hurt their performance. "They are underweight Apple in relation to the index funds, and I think more and more of these funds will realize that's going to hurt their performance in the future as Apple...
May 19- Billionaire activist investor Carl Icahn and Brett Icahn, his son and portfolio manager, on Tuesday stuck to their views that Apple Inc would introduce a television set and a car. Brett Icahn said: "We believe they're going to do a car. Carl Icahn owned about 53 million Apple shares at the end of the first quarter, according to a Securities and Exchange...
David Schechter, Sargon Portfolio, gives insight to what he forecasts for Apple's future. Brett Icahn, Sargon Portfolio, believes Apple will come out with a car and a TV.
Billionaire investor Carl Icahn of Icahn Enterprises, discusses the Apple Watch with David Schechter and Brett Ichahn of Sargon Portfolio.
Carl Icahn joins FMHR to weigh in on his letter to encourage buybacks.
Carl Icahn's big bet on Apple is now one of the greatest trades of all time.
In an open letter to Tim Cook, Icahn said he believes the company will enter the television space in 2016. Apple recently shelved such plans.
According to the Wall Street Journal, Apple scrapped its plans for an ultra-high definition television set more than a year ago.
SEOUL, South Korea— The founder of Alibaba Group defended its stance against counterfeit goods and expressed regret Tuesday that the owner of luxury brands Gucci and Yves Saint Laurent has sued the e-commerce giant. Speaking at a news conference during a visit to South Korea, Jack Ma said Alibaba cooperates with brand owners to fight counterfeiting and has a...
*Kering suit says Alibaba a conduit for counterfeiters. Executive Chairman Jack Ma was speaking after Gucci, Yves Saint Laurent and other brands owned by Kering sued Alibaba in the United States on Friday, accusing it of knowingly making it possible for counterfeiters to sell their products throughout the world. Apple Chief Executive Tim Cook was quoted by...
NEW YORK/ SAN FRANCISCO, May 18- Apple Inc was handed a mixed ruling by a U.S. appeals court in the latest twist in a blockbuster intellectual property battle with Samsung Electronics Co Ltd, as a prior patent infringement verdict was upheld but a trademark finding that the iPhone's appearance could be protected was thrown out. That means up to 40 percent of a $930...
May 18- Billionaire investor Carl Icahn said Apple Inc's stock was "still dramatically undervalued" and that it should be trading at $240, up from his earlier estimate of $216. Apple boosted its share repurchase program in April to $140 billion from $90 billion announced last year and raised quarterly dividend by 11 percent to 52 cents per share.
Carl Icahn has sent an open letter to Tim Cook saying its shares are undervalued and pushing for a much larger buyback.
In a letter to Apple CEO Tim Cook, activist investor Carl Icahn wrote that he values Apple shares at $240 today.
May 18- Apple Inc remains "dramatically undervalued", activist investor Carl Icahn said on Monday, adding that it was time for the iPhone maker to execute a much larger share buyback.
Carl Icahn has sent Apple CEO Tim Cook an open letter, reports CNBC's Carl Quintanilla. And he says the company's shares are now worth $240.
Apple CEO Tim Cook delivered the commencement speech at George Washington University on Sunday, telling graduates to follow their values like the 'North Star.'
SHANGHAI, May 12- Apple Inc is in talks with Chinese banks and Alibaba Group Holding Ltd on launching the firm's mobile payments system in China, Chief Executive Tim Cook told the official Xinhua news agency in an interview published on Tuesday. "We very much want to get Apple Pay in China," Cook told Xinhua during a visit to the country. "I'm very bullish on Apple Pay in...
Fiat Chrysler Chief Executive Sergio Marchionne said he had visited the heads of Tesla Motors and Apple during a recent trip to California.
Daniel Ives, FBR Capital Markets, provides perspective on Apple stock and where the tech giant is likely to see it next growth spurt.