His comments came as the tech giant continued to shed value in the wake of disappointing earnings. » Read More
NEW YORK, April 28- Billionaire activist investor Carl Icahn said Thursday he had sold his entire stake in Apple Inc, citing the risk of China's influence on the stock. But Icahn, who owned 45.8 million Apple shares at the end of last year, said China's economic slowdown and worries about how China could become more prohibitive in doing business triggered his...
CUPERTINO, California— Apple is edging its way a little further into health care with the release of new iPhone apps that patients can use to manage their own medical conditions— from diabetes to pregnancy and even depression. Apple says larger organizations, including the University of Rochester and hospitals at the Texas Medical Center, are working on...
Apple's stock tumbled as Wall Street analysts showed their displeasure the tech giant's latest quarterly report.
CNBC Contributor Bill George, Senior Fellow at Harvard Business School and Fmr. Medtronic Chairman, and Vivek Wadhwa, Fellow at the Rock Center for Corporate Governance at Stanford University, discuss whether Apple and its CEO Tim Cook have lost credibility after dismal earnings.
Apple's latest quarterly results are less than encouraging, but the numbers may not be as bad as they look.
Apple CEO Tim Cook conveyed optimism on the outlook for iPhone sales, with CNBC's Josh Lipton.
After Apple reported its first revenue decline in 13 years, how should investors look at Tim Cook's optimism on emerging market sales, with Timothy Arcuri, Cowen & Co. technology analyst, and Channing Smith, Capital Advisors co-portfolio manager.
Apple CEO Tim Cook is looking ahead to strength in emerging markets for the iPhone SE, reports CNBC's Josh Lipton.
I do think there is some valuation support as the stock gets into the low $90s, says Sherri Scribner, Deutsche Bank, breaking down Apple's quarterly results which missed on the top and bottom line, representing the first quarterly sales drop since 2003.
Aaron Rakers, Stifel Nicolaus, breaks down Apple's quarterly results which missed on the top and bottom line, representing the first quarterly sales drop since 2003. We still like the set-up for the iPhone 7 later this year, says Rakers with his outlook on the stock.
Daniel Ernst, Welch Capital Partners, says the big question for Apple is whether it can grow but points out it could be a buying opportunity for some investors as shares slip after earnings. This is a company that has a tremendous track record, says Ernst.
SAN FRANCISCO, April 26- Apple Inc's first-ever drop in quarterly iPhone sales has spurred Chief Executive Tim Cook to turn the spotlight on prospects for its services business, but the field is rife with competition and may prove challenging for a brand based on gadgets. The App Store, Apple Music, storage center iCloud and mobile wallet Apple Pay and other...
The company's sales dropped by more than a quarter in China, its most important market after the United States, and it also forecast another disappointing quarter for global revenues. Its shares fell about 8 percent, dropping below $100 for the first time since February. Apple's results followed disappointing quarterly reports from Microsoft Corp and...
The company announced a 10 percent dividend increase and a $50 billion increase to its capital return program.
Apples' sales in China tumbled in the second quarter after warnings of weakness, the company said in Tuesday's earnings.
John Sculley, Partner at Sculley Brothers and former Apple CEO, talks about the tech giant's big earnings miss.
CNBC's Josh Lipton breaks down Apple's earnings release and reports on its conference call.
The Fast Money traders discuss Apple's earnings release causing shares in the tech giant to fall in after hours trading.
With iPhone sales dragging Apple revenue down for the first time since 2003, the company needs new growth drivers like the Apple Watch.
SAN FRANCISCO— Apple sold more than 51 million iPhones in the first three months of this year— and that's the problem. The slide is putting more pressure on Apple and CEO Tim Cook to come up with its next big product. "They need to come out with that next great product," said Angelo Zino, a financial analyst with S&P Global Market Intelligence.