A new profile explores how Apple CEO Tim Cook, with “cautious, cooperative and tactical” leadership, ended up being the Cupertino tech giant in the world’s largest company. After the death of Steve Jobs in 2011, both Wall Street and Silicon Valley were worried about Apple’s future. But, nine years later, …
Read More »Why Apple’s Stock Division Won’t Help The Dow
Text size Mladen Antonov / AFP via Getty Images Apple’s 4-for-1 stock split will greatly diminish its influence on the Dow Jones Industrial Average, where the iPhone maker now has the highest weight and the biggest positive influence this year. Apple (ticker: AAPL), whose shares ended Thursday at $ 384.76, …
Read More »Apple announces four-for-one stock split
Six years after Apple had its latest division, the company has announced that a four-to-one stock split will be held on August 24. Apple’s Board of Directors approved a four-for-one stock split, “to make stocks more accessible to a broader investor base,” the company says. Each registered Apple shareholder at …
Read More »Apple Suggests It Will Not Sell Apple Silicon To Other Companies
While he refuses to rule it out, Apple CEO Tim Cook says he’s moving Mac to Apple’s silicon specifically to enable his own product plans, not anyone else’s. Pressed on Apple’s upcoming silicon during Apple’s 2020 third-quarter earnings call, Cook declined to say that the company would never sell its …
Read More »Amazon Stock jumps on strong second quarter results
Text size Packages from Amazon.com Inc. are stacked on the sidewalk in New York, USA, on Thursday, June 11, 2020. Jeenah Moon / Bloomberg With a big boost from accelerated e-commerce adoption amid the Covid-19 pandemic, Amazon. com released second-quarter financial results that dramatically exceeded Wall Street estimates and the …
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