Warren Buffett's Berkshire Hathaway recently revealed its increased stake in Apple. With 239.3 million shares, the company is now the second largest Apple shareholder behind Vanguard Group, according to Reuters.
Apple earlier today announced the financial results for its fiscal second quarter of 2018, and the numbers for the 3-month period are outstanding. The company beat Wall Street expectations across the board, and grew in almost every category year-over-year.
Following the release of its earnings report, CEO Tim Cook and CFO Luca Maestri hopped on a conference call to talk about Apple's performance. And as usual, we've put together a roundup of some of the more interesting points and highlights from the call.
Apple this afternoon disclosed its [fiscal] Q2 2018 earnings report, offering a look at its performance over the last 3 months. The company beat Wall Street expectations in just about every category, selling 52.2 million iPhones and earning $61.1 billion in revenue. Here's a full breakdown of the numbers.
iOS 12 should bring some notable interface improvements to the overall user experience, and the upcoming changes reportedly include a thoroughly overhauled Stocks app.
Apple on Thursday reported its [fiscal] Q4 2017 earnings, offering a look at its performance over the last 3 months. The company absolutely crushed expectations, selling 46.7 million iPhones, up a little over a million units from the same quarter a year ago, and made $52.6 billion in revenue, up over $5 billion year-over-year. Here's a full breakdown of the numbers.
Stock exchanges have been a core component of the world economy for a long time now, but they are not exactly easily approachable for novices. Robinhood’s goal is to make investment easy even for those who are not experienced Wall Street aficionados.
Apple on Tuesday held its annual shareholder meeting at its Cupertino headquarters. The gathering is standard affair—company executives and board members meet with stockholders to discuss a wide range of topics, including performance and proposals.
The most interesting part of today's meeting, however, was Tim Cook's informal Q&A session. The casual section allows attending shareholders to offer up their questions and comments to the CEO and other members of the company's senior leadership team.
We didn't want to let this milestone pass by without acknowledging it: shares of Apple have hit the $119.95 mark in intraday trading, the highest stock price for the Cupertino firm since late 2015 and good for a cool $639.7 billion market cap. $AAPL hit a 52-week low of $89.47 in May 2016.
Apple is planning to announce its earnings results for Q1 of [fiscal] 2017 on January 31. The company on Wednesday updated its investor website to show that it will be hosting a conference call to discuss the quarter that Tuesday at 2:00pm PT.
Apple's first quarter is of course its holiday quarter, which covers the popular 3-month holiday shopping period between October and December. And as usual, all eyes will be on the company to see if it was able to solve its recent growth problems.
Apple on Tuesday released its earnings report for the third [fiscal] quarter of 2016. The Cupertino company exceeded expectations, selling 40.4 million iPhones, 10 million iPads and earning $42.4 billion in revenue. The numbers are still down year-over-year, however, with 47.5 million iPhones and nearly $50 billion in revenue in Q3 2015.
Tim Cook on Monday appeared on CNBC's 'Mad Money' to talk with host Jim Cramer about Apple's recent earnings report. The iPhone maker announced weaker-than-expected Q2 sales last week, and its stock has since dropped more than 10 points.
While the interview is transparently a PR move to let Wall Street know that Apple is still on the right path, Cook did offer up some interesting comments about the future of his company. Naturally, we've highlighted some of our favorites for you below.
Apple announced its financial results for its fiscal fourth quarter of 2015 this afternoon, and the numbers are pretty solid. The company sold 48M iPhones and earned $51.5B in revenue, handily beating numbers from last year but falling short of Wall Street's expectations.
We've just finished up the conference call, where Tim Cook and CFO Luca Maestri discussed Apple’s performance over the three-month period, and offered up some insights into its future. And as usual, we’ve rounded up the 15 most interesting points from the call below.