Tag: Cash
Apple VP of iOS Scott Forstall cashes in $38.7 million of Apple shares
Tim Cook's salary came up in the news last month when he was awarded a million shares of Apple stock, and cashed out a few, in addition to his many other forms of compensation. And here's another Apple manager who's taking advantage of Apple's soaring stock price when he can. Vice President of ...
Tim Cook: Apple pipeline "full of stuff"
Earlier today, Apple held a conference call and announced it would start paying shareholders a dividend as well as buy back US$10 billion in stock shares. During his talk, Tim Cook wouldn't discuss iPad sales or new products, but he did hint that Apple was not done innovating. "I am extremely ...
Tim Cook announces "record weekend" of iPad sales
Gene Munster knew that today's analyst conference call was reserved for discussion of Apple's newly announced dividend and stock repurchase plans, but he couldn't help himself -- he tried to sneak in a question about current results, specifically whether Apple would be issuing a press release ...
Investors eyeing Tim Cook's management of Apple's cash horde
Every three months Apple announces its quarterly earnings, and we see the company's huge pile of cash grow to increasingly awe-inspiring heights. Like clockwork, a day or two after the earnings announcement comes calls for Apple to give some of that money back to its shareholders in the form of ...
What's Apple going to do with $97 billion in cash?
During its earnings conference call, Apple confirmed the company is sitting on a treasure chest of US$97.6 billion. This stack of cash is steadily growing, up from $81.6 billion at the end of the September quarter. With all that money in the bank, you can't help but wonder... what's Apple going to ...
GameStop iOS trade-ins a big success
GameStop recently started taking trade-ins on iOS hardware, and it turns out the decision was a great one for the company: President Tony Bartel said in a statement that the program "has exceeded our expectations," especially citing lots of post-holiday traffic, as people bring in their old ...
Apple could survive on current cash alone until 2018
During the 2Q 2011 Apple Results Call last Wednesday, we listened with rapt attention as the number for "Cash and Cash Equivalents" figure was announced. The number, as you may recall, was US$65.8 billion. One question that many of us always ask is "What could Apple do with that ...
Apple lays out $11 billion in purchase commitments
Many out there think Apple should go on an acquisition spree with its $65.8 billion in cash. Others think that Apple should issue a dividend to its shareholders. I tend to agree with the first line of thought (especially when it comes to buying patent portfolios), but at this moment in time, it's ...
TUAW's Daily App: Cashish
Whenever we TUAW bloggers all get together, we tend to pass around our favorite iPhone apps of late, and this week at Macworld has been no exception. Last year at WWDC, Victor Agreda recommended Taxi Magic, and this year at Macworld, our own Mike Rose told me about Cashish, a financial app with ...
Toys R Us offering iPod trade-in
We here at TUAW aren't quite sure how great a deal this is, but just in case you want to take advantage, Toys R Us is apparently offering trade-ins on old iPods. From October 17 to the 23rd, the toy chain will take old iPods (no model is specified, but I'd assume older won't get you as much money) ...
Foxconn parent company raising prices for Apple, others
This is the downside of being Apple -- just as they get prices and costs to where they want them, those same prices and costs tend to go up again. Foxconn's parent company Hon Hai has reported that it will raise its manufacturing prices in China, directly affecting Apple's and other companies' costs ...
Apple relents, allows cash for iPads
Good news, everyone! In response to the public outcry over Apple's no-cash-for-iPad policy, Apple has relented. You will now be able to purchase iPads in-store using cash and gift cards. Yes, you'll also have to set up a traceable Apple account at the same time, but the lack of credit or debit card ...
Apple no-cash policy for iPad takes some by surprise
Update: Apple has now reversed the no-cash policy. As loyal readers know, Apple stores are not particularly cash-friendly; in the case of the iPhone and the iPad, they're downright cash-hostile. Both devices require a credit or debit card for purchase, although you can waltz down the block and ...
Was the Siri purchase about search?
Here's an interesting take from Searchblog's John Battelle about the Siri purchase by Apple yesterday: he believes that it's the first step towards the eventual Apple goal of conquering search for the app world. Google is, of course, the king of search on the Internet, but as the iPad 3G releases ...
Paypal app goes 2.0, adds Bump integration
Never before in human history have there been so many ways to part with your hard-earned cash. The spotlight might be on credit card acceptance tools from Square & Verisign, or the beta Venmo service's SMS-based trust network -- still, don't forget about the cagey veteran. Paypal is 12 years old ...
Hot Apps on TUAW
Deals of the Day
more deals- Apple iPhone 4 32GB for Verizon Wireless for $100 + pickup at Best Buy
- Used Apple iPad 2 16GB WiFi Tablet for $300 + free shipping
- Acoustic Research Digital Photo Frame with iPod Dock for $50 + free shipping
- Apple iPhone 4 8GB for Verizon, AT&T, or Sprint for $50 + pickup at Best Buy
- Unlocked iPhone 4S 16GB for GSM (AT&T, T-Mobile) for $619 + free shipping
- Apple iMac Core i7 Quad 3.4GHz 27" w/ 24GB RAM, 2TB HDD for $2,677 + $29 s&h