Apple's executives got smaller bonuses in 2019 because the company didn't exceed its goals for sales and net income as much as it did in 2018...
Apple CEO Tim Cook recently cashed in $121 million in stock grants, with the majority of those proceedings going towards taxes, according to an SEC filing on Tuesday...
Samsung Electronics forecasted record profit and sharply increased revenue in an earnings guidance release on Friday.
Samsung expects its operating profit to increase 72% to $12.1 billion and revenue to rise 18% to around $52 billion.
Those are strong results — and it looks like it's coming from Samsung's top smartphone rival, Apple, analysts told Reuters...
Drexel Hamilton analyst Brian White is the most bullish Apple analyst, and he loves Snap, too.
He says in a note distributed to clients on Friday that the Snapchat parent company presents an "excellent buying opportunity" at its current price and that the company "reminds us of Apple in its younger days."
Apple CEO Tim Cook believes that the gender imbalance at tech companies could hurt the American tech industry if more women don't enter science and engineering fields...
The competition for the lucrative high-end of the smartphone market is a race between two companies: Apple and Samsung, which ship over 36% of smartphones globally, according to an IDC estimate.
The war between the two companies for smartphone buyers has raged for years, but the power balance seems to be shifting in favor of Apple, especially after last year's Samsung Galaxy Note 7 fiasco and the rising anticipation for the next iPhone...
BlackRock, the world's largest asset manager, has boosted its stake in Apple to 322 million shares, according to a SEC filing. The firm now holds 6.1% of Apple's outstanding shares. That's up from the 5.7% stake it held in the iPhone giant in January 2016. BlackRock's Apple holdings are worth about $38.4 billion at the current stock price of $119. Apple isn't the only big-name tech stock that BlackRock has a significant stake in. It owns over 5% of Facebook, HP, and Microsoft as well...
Apple made an unusually large investment of $1 billion into Didi Chuxing, a ride-hailing giant best understood as the "Uber of China," earlier this year. At the time, Apple officials, including CEO Tim Cook, said the investment would help Apple better understand the Chinese market, and would deliver a strong return on capital...
