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Apple increases stock buyback, will split stock

In this Dec. 23, 2013 file photo, a woman using a phone walks past Apple's logo near its retail outlet in Beijing. Apple reports quarterly earnings on Wednesday, April 23, 2014. AP

Apple is doling out more of its cash to shareholders and preparing to split its stock for the first time in nine years in an attempt to win back investors fretting about the iPhone maker’s slowing sales growth and pace of innovation.

Posted: April 24th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Apple in Comcast talks about streaming TV–report

AP FILE PHOTO

Apple is in talks with US cable and Internet giant Comcast about a streaming-television service that would use an Apple set-top box, a report said Sunday.

Posted: March 24th, 2014 in Latest Business Stories | Read More »

Samsung, Google sign patent-sharing deal

AP FILE PHOTO

Samsung said Monday it had signed a long-term cross-license deal with Google in a move to help the South Korean technology firm stave off potential patent disputes in the future.

Posted: January 27th, 2014 in Latest Business Stories | Read More »

Apple shares rise on China Mobile deal

A woman talks to a salesperson in front of an advertisement for iPhones at Apple's retail store in Beijing Monday, Dec. 16, 2013.  AP FILE PHOTO

Apple shares rose Monday after the company sealed a hard-won deal with China Mobile which will see the world’s biggest wireless operator make the iPhone widely available to customers.

Posted: December 24th, 2013 in Latest Business Stories | Read More »

Apple, China Mobile sign iPhone deal

A woman talks to a salesperson in front of an advertisement for iPhones at Apple's retail store in Beijing Monday, Dec. 16, 2013.  AP FILE PHOTO

Apple said Sunday it had reached agreement with China Mobile, the world’s biggest wireless network, to bring the iPhone to customers in a market dominated by low-cost Android smartphones.

Posted: December 23rd, 2013 in Latest Business Stories | Read More »

Apple buyers rue high price of new ‘low cost’ iPhone

AP photo

Apple acolytes in Asia kicked off the global rollout of two new iPhones Friday, but complaints about its high price and no new alliance in the vast Chinese market threatened to dampen the mood.

Posted: September 20th, 2013 in Latest Business Stories | Read More »

iPhone faces challenge in crowded Chinese market

AP photo

The iPhone’s magic as China’s must-have smartphone is eroding.

Posted: September 13th, 2013 in Latest Business Stories | Read More »

Smartphone users snub ‘home’ brands, say data

By

It could be a case of cross-culture adoration as a new survey on Thursday showed that smartphone users in the US and South Korea are becoming less satisfied with their “home” brands.

Posted: August 3rd, 2013 in Headlines | Read More »

Apple sells $17 billion in bonds in record deal

apple--iphone

Apple Inc. sold $17 billion in bonds Tuesday in a record deal spurred by the company’s plan to placate its frustrated shareholders.

Posted: May 1st, 2013 in Latest Business Stories | Read More »

Apple’s plunge skews mostly positive week on US markets

AP FILE PHOTO

The showdown in Washington over the fiscal cliff gave US stocks another volatile week, but the apparent political stalemate — just weeks before a potentially devastating fiscal crunch — was not the defining market issue.

Posted: December 8th, 2012 in Latest Business Stories | Read More »

Microsoft, Apple tablets have most profit margins

In this Friday, Oct. 26, 2012, file photo, Microsoft store product advisor Stuart Pitts displays the new Surface tablet computer as customers enter the store as it opened in Seattle. The Surface is Microsoft's first attempt at a general-purpose computer. In the past, it made the software and left it to other companies to make the machines. But to catch the tablet wave led by Apple's iPad, Microsoft felt it needed to make its own device. AP FILE PHOTO

Research firm IHS said Microsoft and Apple are garnering the highest profit margins for their tablets, followed to a lesser extent by Google and then Amazon.

Posted: November 6th, 2012 in Latest Business Stories | Read More »

Apple paid only 1.9 percent tax on earnings outside US

apple--iphone

Apple Inc. paid an income tax rate of only 1.9 percent on its earnings outside the U.S. in its latest fiscal year, a regulatory filing by the company shows.

Posted: November 5th, 2012 in Latest Business Stories | Read More »

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