Apple shares turned lower in the after-hours after earnings beat and the firm doubled the amount of cash it will return to shareholders. But its outlook fell short.
Apple may finally have Wall Street off its back, but now the question lingers, just what exactly is the company planning to do with its $145 billion cash hoard?
On Wednesday, a judge in the Southern District of New York dismissed a key group of plaintiffs in litigation against Facebook for allegedly mishandling its 2012 initial public offering.
Apple CEO Tim Cook did not address the numerous questions weighing on the minds of investors – and apparently company's stock price - at the Goldman Sachs Technology and Internet conference in California.
Smartphones are the most important electronics product category, and Samsung is the world leader with Android phones. And then there are TVs -- Samsung is the leading manufacturer of LCD panels.