All items tagged with "AAPL"

Apple locks up top execs until 2019 with $27 million golden handcuffs

Photo: H. Michael Karshis/Flickr CC

The only handcuffs that presumably come with a free Apple Watch and iPhone 6 thrown in. Photo: H. Michael Karshis/Flickr CC

Apple will be holding on to its top executives until at least 2019, if the granting of new stock options by the Apple board has anything to do with it.

Angela Ahrendts, Eddy Cue, Phil Schiller, Craig Federighi, CFO Luca Maestri, VP of hardware engineering Daniel Riccio, lawyer Bruce Sewell and COO Jeffrey Williams all received stock grants potentially valued at a total of $27 million, based on the high closing price of AAPL stock Thursday.

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Top Apple execs sell $143 million worth of stock

Tim Cook, Phil Schiller and others sold Apple stock at a time when it was hitting record highs.

Tim Cook, Phil Schiller and others sold Apple stock at a time when it was hitting record highs.

Five top Apple execs — including Tim Cook and Phil Schiller — unloaded $143 million AAPL shares as part of a 10b5-1 planned sale, according to a new report from Barron’s.

Cook sold 348,425 Apple shares for $35,250,297, while Schiller dropped 348,846 shares for $35,256,000.

Other Apple higher-ups who did the same include CFO Luca Maestri, who sold his entire direct holdings for $1,631,286; Jeffrey E. Williams, senior vice president of operations, who raked in $35,233,446; and Bruce D. Sewell, general counsel and senior vice president of legal and government affairs, who made $35,393,915 on the deal.

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AAPL was 2nd most purchased stock by hedge funds in Q2 2014

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AAPL is back in a big way. After breaking an all-time high of $100.53, the price of Apple shares have continued to climb upward, and according the a WSJ report, hedge funds are piling onto the stock in droves.

Over the second quarter of 2014 henge funds have purchased $855 million in new positions in Apple, giving AAPL the second highest level of new buying activity among S&P 500 stocks.

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AAPL is back: stock closes at all-time high of $100.53

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AAPL shares have finally completed the long climb back to 2012 levels today, closing at an all-time high of $100.53 per share.

The stock’s 1.4 percent rise today was aided by bullish reports from both RBC and Morgan Stanley claiming Apple’s Fall lineup is going to be more extraordinary than ever this year as Apple puts the final preparations on the iPhone 6.

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Tomorrow’s Apple earnings are just the calm before the storm

Tim Cook leaves the stage at the end of the 2014 WWDC keynote. Photo: Roberto Baldwin/The Next Web

Tim Cook onstage at WWDC 2014. Photo: Roberto Baldwin/The Next Web

Don’t expect anything too exciting from Apple’s third quarter earnings tomorrow.

This is Apple’s slowest part of the year. The summer slump means no new hardware, which means no explosive sales growth. But that’s alright, because the best is yet to come.

Tim Cook and co. have promised that truly epic things are coming in the fall, and Wall Street is actually excited about Apple again.

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AAPL stock splits 7-to-1, opens trading at $92

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Do not adjust your sets: Despite finishing Friday at $645, Apple stock will open today at around $92. This is the result of a 7-to-1 stock split, which will see the price of the stock divided by seven and shareholders of record awarded six additional shares on top of their existing holdings.

Apple announced the split earlier this year in what we referred to at the time as an “earth-shattering earnings call.”

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Apple’s Investor Relations minisite gets long overdue makeover

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On the back of the most eventful WWDC keynote in recent memory, and Eddy Cue claiming that Apple has its most exciting product pipeline in 25 years, there have been few better times to invest in AAPL shares. With that in mind, Apple has just given an overhaul to its Investor Relations minisite, giving it a long overdue spit shine.

The website features sections advising on Apple stock prices, financial information, SEC filings, and leadership and governance, alongside relevant press releases and financial news related. Notably the website’s graphical overhaul brings its into line with Apple’s current design preferences, with an abundance of thin fonts and white space.

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Carl Icahn now owns a massive $4.4 billion of Apple shares

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Bullish billionaire activist-investor Carl Icahn recently ramped up his stake in Apple to the tune of 2.8 million shares — bringing his total stake in the company to a little over $4.4 billion.

Icahn’s position was revealed in a Securities and Exchange Commission filing on Thursday, showing how Icahn now owns more than 7.5 million AAPL shares. The buy took place during the March period, which preceded Apple’s announcement of the 7-to-1 stock split and share repurchase program.

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Apple shares close above $600 for first time since 2012

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AAPL shares have been extremely undervalued for years, according to CEO Tim Cook, but it looks like Wall Street is starting to warm on Apple as the share price crested above $600 this afternoon for the first time since 2012.

After hitting an all-time high of $702.10 in September 2012, Apple’s stock has failed to regain its old luster despite record iPhone sales and earnings. Tim Cook announced last month that the stock would be split 7-to-1 in June, sending shares prices on a steady climb since hitting $524 per share the day after the announcement.  

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9 key takeaways from Apple’s surprising earnings call

Photo: Alex Washburn / Wired

Photo: Alex Washburn/Wired

Apple turned what could have been a deathly boring financial ritual into an occasion for celebration Wednesday, posting record numbers and making headlines with some unexpected moves.

Here’s our take on everything you need to know from the latest quarterly earnings call.

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