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Tag: aapl

Citigroup fined $30 million for leaking iPhone research

Citigroup is learning the hard way that leaking unpublished research on iPhone production numbers to institutional investors ahead of other investors is wrong. The company has been fined US$30 million for sending that data to SAC Capital, T. Rowe Price, Citadel and GLC Partners ahead of official...

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Carl Icahn reportedly pushed Tim Cook for $150B Apple share buyback

The planned dinner between investor Carl Icahn and Apple CEO Tim Cook took place as scheduled last evening, and Icahn is reporting through Twitter that the dinner was "cordial" and that he pushed for Apple to bump its share buyback program up to US$150 billion. Icahn believes that Apple's share...

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Daily Update for August 23, 2013

It's the TUAW Daily Update, your source for Apple news in a convenient audio format. You'll get all the top Apple stories of the day in three to five minutes for a quick review of what's happening in the Apple world. You can listen to today's Apple stories by clicking the inline player (requires...

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Carl Icahn meeting with Tim Cook to discuss AAPL share buyback

Activist investor Carl Icahn made news a few weeks back when he announced, via a tweet, that he had bought a large position in Apple, which is now reported to be about US$1.5 billion worth of Apple stock. Immediately, Apple's stock shot up and has been up ever since. But as an activist investor,...

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Icahn's AAPL buyback advice could benefit Apple quickly, significantly

An analysis by Deutsche Bank's Chris Whitmore shows a potential US$50 billion stock buyback would boost Apple's earnings per share by as much as $4.25 in 2014, AppleInsider reports. This comes in the wake of a meeting last week between Tim Cook and investor Carl Icahn where the possibility of...

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Daily Update for August 15, 2013

It's the TUAW Daily Update, your source for Apple news in a convenient audio format. You'll get all the top Apple stories of the day in three to five minutes for a quick review of what's happening in the Apple world. You can listen to today's Apple stories by clicking the inline player...

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AAPL shareholders to receive dividends today

Apple will pay its shareholders another quarterly dividend today. Shareholders of record as of August 12th will receive US$3.05 per share. With over 908 million outstanding shares, that means Apple will spend $2.7 billion today giving money back to its shareholders. However, as AppleInsider...

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Daily Update for August 14, 2013

It's the TUAW Daily Update, your source for Apple news in a convenient audio format. You'll get all the top Apple stories of the day in three to five minutes for a quick review of what's happening in the Apple world. You can listen to today's Apple stories by clicking the inline player (requires...

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Apple stock inches past $500

Apple stock broke the US$500 mark today. It's the first time for AAPL in that territory since late January of this year. The higher stock value followed by a day billionaire Carl Icahn's support for Apple with the announcement of a major stock purchase and a tweet saying that the stock was...

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Apple shares skyrocket by 20 points following investment from Carl Icahn

Shares of Apple shot up by more than 22 points on Tuesday following word that billionaire investor Carl Icahn had taken a large position in Apple. At one point during the trading day, shares of Apple reached $494 after starting the day trading at $471.50. In a tweet sent out by Icahn himself on...

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Talkcast tonight, 10 PM ET: Plastic iPhones, Dev Center woes, Beard

All-new dial-in experience! See below -- do not call into Talkshoe, we won't be there. Be sure to set up Fuze Meeting before the show if you want to join in live. Sheeeesh. Can you believe it's the end of July already? It's like we just went from June to August this year. Anyway, we're going to...

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Talkcast tonight, 7pm PT/10 pm ET: iTunes store turns 10, quarterly results

It's a big 1-0 for everyone's "favorite" music store, which has evolved far beyond its humble Rip, Mix, Burn origins to become the digital hub for a new generation of digital devices. Happy birthday, iTunes Music Store, and here's hoping that you make it out of your adolescence wiser and more...

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Tim Cook: We should have waited until 2013 to release new iMacs

During Apple's earnings conference call on Tuesday, CEO Tim Cook fielded an analyst's question regarding Apple's product releases during the Fall 2012 quarter and delivered a surprisingly candid answer. Addressing the shipping delays that plagued Apple's new iMacs, Cook articulated that Apple...

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Apple Q2 2013 Earnings Call liveblog

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A history of Apple's share price

Anybody who has been watching Apple's share prices since September 2012 would think that the company is in the midst of a huge crisis. Shares of AAPL have dropped from a high of over US$700 a share to around $400 now, and the financial press is sure that the company is doomed. Abdel Ibrahim,...

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