The business and financial markets are a kooky thing. You can make a ton of money, even more than the previous year, but if it’s not as much as other people expected, you’ve failed. That is essentially what Wall Street is saying after todays earnings announcement from Apple. As a result, Apple stock price fell […]
Category: Business
According to an announcement by Apple on Tuesday, the company took home more than $10 billion last year from iOS app sales. Christmas sales put them over the top with customers downloading almost 3 billion apps, making December Apple’s most lucrative and successful month in the App Store’s history. BusinessWire’s coverage of the record setting sales quoted […]
Recently, Apple has been on the receiving end of criticism and pressure from its shareholders that there isn’t enough diversification among its current board members. Currently, Apple has only one woman among board of eight executives, and one incoming female member of their executive team that will report to CEO Tim Cook. In response, Apple recently added language […]
Apple posted the date of its first quarter earnings release and conference call on its Investor web page, announcing the date to be January 27th. MacRumors notes that the release will… “… provide a look into initial iPad Air and Retina iPad mini sales during their first quarter of availability as well as iPhone 5s and […]
I remember the days of Gil Amelio (sorry to single you out Gil) and other CEOs of Apple who basically ‘took the money and ran’. In those days, the “golden parachute” was the norm for essentially kicking out CEOs who weren’t helping the company. Definitely a weird practice. Then Steve Jobs came back and famously […]