Verizon is launching a whopping $49 billion bond offering. One money manager said the offering was better for investors than Apple's last debt offering. Here's why.
If Apple is to ever recapture former highs, Cramer says it needs this first and foremost.
The Dow and S&P 500 finished near session highs Wednesday, with the S&P logging its seventh-consecutive session in positive territory. But the Nasdaq ended lower, dragged by Apple's sharp decline.
As it tries to appeal to more of the world, Apple finds itself in a battle between maintaining profit margins and growing market share.
Check out which companies are making headlines after the bell Wednesday:
Billionaire investor Carl Icahn added to his Apple position, calling it a "no-brainer" because he thinks it's still cheap.
Apple has posted its 2nd worst day of the year after unveiling a new iPhone. Carl Icahn, Icahn Enterprises, is one of the most well-known shareholders in the tech giant. He explains why Apple is one of his best investments right now.
U.S. Treasurys prices rose on Wednesday due to strong investor demand at a $21 billion auction of 10-year notes.
Songza is a free streaming music app. Its CEO Elias Roman, discusses doing business with its competitor, Apple. "On Songza, we predict exactly what you're doing or feeling, and we serve an expertly curated playlist that makes it better," he says.
Verizon Communications priced a massive bond sale on Wednesday, offering $49 billion worth of debt.
CNBC's Jon Fortt breaks down problems Apple consumers and investors are seeing following the company's event yesterday. CNBC contributor Herb Greenberg, and Gene Munster, Piper Jaffray, weigh in.
Carl Icahn of Icahn Enterprises thinks Apple is a "no brainer" and "extremely cheap," and that a buyback would be a "major plus."
Apple has been full of surprises this week, but not the good kind. Its stock was pummeled after it failed to deliver on two key things.
"I think the Street is missing the big picture," Morgan Stanley's Katy Huberty says.
CNBC's Julia Boorstin reports the consensus at the TechCrunch Disrupt event is that Apple's low cost iPhone isn't low cost enough, compared to Android phones. Jon Fortt, weighs in.
Between margin and market share, which path will Apple chose?
Apple should be able to follow through on the TV vision of the late Steve Jobs, but investors are growing impatient, said biographer Walter Isaacson.
European shares closed narrowly higher on Wednesday, having paused after rallying on Tuesday.
Shuman Ghosemajumder, Shape Security, discusses the pros and cons of the tech giant's highly anticipated fingerprint technology and reveals whether he give it a thumbs up.