Finance Articles on TUAW - The Unofficial Apple Weblog

Tim Cook talks Apple's tax situation ahead of next week's Senate hearing

by Yoni Heisler (May 16th, 2013)

Earlier this week we reported that Apple CEO Tim Cook is slated to testify at an upcoming Senate hearing focusing on the offshore tax practices of American corporations. As it stands now, Apple currently has over US$100 billion holed up overseas that it's hesitant to repatriate due to ...

Apple's first $3.05 quarterly dividend payout scheduled for tomorrow

by Yoni Heisler (May 16th, 2013)

Back in April, Apple gave shareholders yearning for a bigger cut of Apple's profits something to be happy about. Specifically, Apple a few weeks ago announced that it was upping its quarterly dividend by 15 percent, raising it from $2.65 a share to $3.05 a share. Apple's first dividend payment ...

Study: iPhone retains value better than top Galaxy models

by Steven Sande (May 15th, 2013)

The next time your Samsung Galaxy-toting friends try to annoy you, here's a piece of information you can throw back at them. According to a study published yesterday by investment bank Piper Jaffray, iPhones depreciate at less than half the rate of similar Android devices from Samsung. Analyst ...

Apple takes fifth spot in Chinese smartphone market

by Steven Sande (May 9th, 2013)

In the world's largest smartphone market -- China -- Apple's share rose in the first quarter of 2013 to make the company the fifth largest vendor. Numbers from research firm Canalys show that the release of the iPhone 5 and price cuts on older iPhone models drove growth of Apple's sales. Apple's ...

Apple soars into Fortune 500's top 10

by Steven Sande (May 6th, 2013)

Despite the media's best attempts to make it appear that Apple is in dire financial straits, Fortune today reported that the company has made it into the top 10 of the Fortune 500 list. Apple arrives in the top 10 in the number six spot, replacing HP (now No. 15) as the leading tech company. ...

Apple's $17 billion bond deal allows it to avoid $9.2 billion tax hit

by Yoni Heisler (May 3rd, 2013)

Yesterday I reported on the clever economics behind Apple's US$17 billion bond deal, specifically pointing out that the interest Apple will owe on each share it repurchases will be less than the dividend it would have otherwise been responsible for. Going a bit further, Businessweek did some ...

The clever economics behind Apple's $17 billion bond offering

by Yoni Heisler (May 2nd, 2013)

Apple on Tuesday raised $17 billion via a bond offering as part of its recently announced capital program which aims to return $100 billion to shareholders by the end of 2015. Apple's capital return program is comprised of two components: an increased quarterly dividend of $3.05 a share and a $55 ...

Apple already taking steps to prepare for its upcoming debt sale

by Yoni Heisler (Apr 30th, 2013)

Apple last week announced that it would embark on a massive stock repurchasing plan whereby it will purchase US$60 billion worth of its own shares by the end of 2015. In a press release on the matter, Apple called it the "largest single share repurchase authorization in history." What's more, the ...

More realistic guidance from Apple results in better analyst estimates

by Steven Sande (Apr 24th, 2013)

Apple 2.0's Philip Elmer-DeWitt put it the best in the subhead for his Apple Earnings Smackdown article this morning when he said "Apple management may have found a way to tame the wild beasts of Wall Street." What he was referring to was the fact that most Wall Street analysts were actually ...

Apple increases dividend by 15%, poised to embark on large stock-repurchasing plan

by Yoni Heisler (Apr 23rd, 2013)

In conjunction with its earnings report for Q2 2013, Apple issued a press release announcing some major plans for its ever-growing stockpile of cash. In March 2012, Apple announced that the company would be instituting a $2.65/share dividend on a quarterly basis with Apple's first dividend ...

Rumor: Amazon's Goodreads purchase cancelled a possible Apple partnership

by Mike Schramm (Apr 18th, 2013)

The Wall Street Journal says that before Amazon's purchase of the Goodreads service earlier this year, Apple was planning to possibly integrate the social reading-recommendation service into its own iBookstore. Apple and Goodreads, says the WSJ, had been talking for a year or more about ...

Trader pleads guilty to making unauthorized purchase of nearly $1 billion in Apple shares

by Yoni Heisler (Apr 16th, 2013)

The FBI reports that a trader who last year made an unauthorized purchase of nearly US$1 billion worth of Apple stock has pled guilty to wire fraud, securities fraud and conspiracy. On October 25, 2012 -- the same day Apple posted its Q3 2012 earnings -- David Miller of Rochdale Securities made ...

Survey: Half of Chinese users want to own a Galaxy S4 instead of an iPhone

by Mike Schramm (Apr 15th, 2013)

As we've reported quite a bit, Apple has been working hard to try and grow its influence in China. That nation has become the world's largest smartphone market, and so Apple has plenty of reason to be promoting itself and selling as many phones as possible. A new survey shows that as much work ...

Intuit releases new QuickBooks Online app for the iPad

by Kelly Hodgkins (Feb 14th, 2013)

Intuit expanded its mobile app portfolio today with a new iPad app for its QuickBooks Online accounting service. The iPad app is a standalone solution that lets you sync items like invoices, expenses and estimates across your iOS devices and the web. Intuit talked to small-business owners ...

Dear Aunt TUAW: Buy an iPad mini now or wait?

by Erica Sadun (Dec 26th, 2012)

Dear Aunt TUAW, Would you suggest this generation of the iPad mini is worth getting, or waiting for the next-generation, which may have Retina display is a better option? Your loving niece, Stephanie S Dear Stephanie, The best time to buy hardware is when you need it. If you can use ...