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 […]
Category: Finance
One of my terrible regrets is that I didn’t hop on the Bitcoin train when I had the chance. I read about it, created an account, had one of my computers generate some coin (took forever), and decided it wasn’t worth my time to fart around with unrecognized virtual currency. If I had left that […]
Apple is currently in talks to buy the Israeli company, PrimeSense, the developer of the original 3D body sensing technology used by Microsoft for its Kinect platform. Since the release of the Xbox One, Microsoft has turned to it’s own solution for the current iteration of the Kinect hardware and software. Back in July of the […]
A US$7.5 billion quarter is nothing to sneeze at, but the sales were a bit flat compared to a year ago. Per Macworld, Apple wrapped up its 2013 fiscal year Monday with a US$7.5 billion profit on US$37.5 billion in revenue, reporting accelerating growth buttressed by strong iPhone sales and growth in the Chinese market. […]
Apple’s Q4 financial results are due in via a conference call today and according to 9to5Mac and Fortune, more than half of the analysts included in Fortune’s survey expect the company to beat its high-end guidance of $37B. The average is driven up by the amateurs, who come in at US$37.38B, while the professionals expect […]