November 7, 2017
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Comments Off on Apple launches another $7 billion bond sale to fund stock buyback, other programs
Apple continues to leverage bond sales and low interest rates to fund both its stock buyback program and green initiatives, with an upcoming $ 7 billion sale to hit U.S. debt capital markets. AppleInsider – Frontpage News
July 5, 2017
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Comments Off on Feds said to have filed appeal opposing Apple’s retroactive $14.8 billion Irish tax bill
In a first formal step opposing the blockbuster tax ruling by the European Union, the U.S. government has reportedly filed with the European Union General Court to opposition the $ 14.8 billion mandate by the European Commission. AppleInsider – Frontpage … Continue reading
May 11, 2017
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Comments Off on Apple announces $1 billion expansion of Reno data center, new shipping warehouse
Earlier this week, it was reported that Apple was planning an expansion of its Reno data center, with the company awaiting city approval. Today, the Reno City Council officially approved Apple’s proposal for a $ 1 billion expansion… more… 9to5Mac
March 7, 2017
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Comments Off on Nine Years of Apple’s iOS SDK generated $60 billion, 1.4 million jobs
Nine years ago, Apple released its first Software Development Kit for iOS, enabling third parties to build native apps for iPhone and iPod touch for sale in the iTunes App Store. The program has since generated over $ 60 billion … Continue reading
January 23, 2017
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Comments Off on iPhone Manufacturer Foxconn Mulling $7 Billion U.S. Display Factory Investment With Apple
Taiwanese iPhone manufacturer Foxconn is considering a $7 billion joint investment with Apple to establish a display manufacturing facility in the United States, it was reported on Sunday. According to the Nikkei Asian Review, journalists who attended Foxconn’s annual end-of-year … Continue reading
January 4, 2017
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Comments Off on Apple confirms $1 billion investment into SoftBank’s ‘Vision Fund’ for tech business growth
Apple has confirmed its $ 1 billion investment in SoftBank’s $ 100 billion SoftBank Vision Fund, of which, the upcoming Trump administration has claimed that $ 50 billion will be spent on U.S.-based businesses. AppleInsider – Frontpage News
October 24, 2016
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Comments Off on WSJ: AT&T agrees to acquire Time Warner for >$80 billion, deal to be announced shortly (update: official!)
Update: AT&T has officially announced that it will acquire Time Warner for $ 107.50 per share. The deal will now go through the usual legal process to ensure the companies comply with anticompetitive regulations. Original story below … After a few … Continue reading
October 12, 2016
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Comments Off on Apple Given Didi Chuxing Board Seat Following $1 Billion Investment
Shortly after making a $1 billion investment in Chinese ride-hailing company Didi Chuxing, Apple was given a seat on the board, reports The Information. News originally suggested Apple had not received a board seat as part of the deal, but … Continue reading
September 26, 2016
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Comments Off on Drake launches Apple Music exclusive short film as Views becomes first album to hit 1 billion streams
Having come a long way from the awkward Apple Music onstage presence at WWDC, Drake’s relationship with Apple has seemingly only been on the up and up for the entertainer. From releasing a surprise mixtape on iTunes last year, to an … Continue reading
August 4, 2016
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Comments Off on App Store Developer Payout Hits $50 Billion, July Sets Record as Biggest Month Ever
Apple CEO Tim Cook today announced on Twitter that a new App Store record was set last month, with July seeing Apple’s highest ever monthly billings for the App Store and the largest amount of money paid out to developers. … Continue reading
July 28, 2016
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Comments Off on Apple preparing $7 billion U.S. bond sale to support stock buyback program
Apple continues to leverage bond sales and low interest rates to fund both its stock buyback program and green initiatives, with an upcoming third sale this year to hit US debt capital markets. AppleInsider – Frontpage News
July 27, 2016
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Comments Off on Now at over 988m units sold, Apple is about to pass the 1 billion iPhones milestone
With iPhone sales reported for Apple’s fiscal Q3 yesterday, the company is now at around 988.15 million iPhones sold, meaning it’s about to pass the 1 billion units sold milestone and will likely do so any day now. more… Filed … Continue reading
May 16, 2016
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Comments Off on Apple R&D Spending on Track to Top Record $10 Billion Amid Electric Vehicle Rumors
While much attention has been placed on Apple’s first quarterly revenue decline in thirteen years, with some suggesting that the iPhone maker may push deeper into services to combat the slowdown, there is evidence to suggest that Tim Cook and … Continue reading
May 14, 2016
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Comments Off on Apple’s $1 Billion Investment in Didi Chuxing Aligned With Electric Vehicle Plans
Apple announced yesterday that it has invested $1 billion in Chinese ride-sharing service Didi Chuxing, but CEO Tim Cook refused to elaborate on the reasoning behind the move, beyond saying that it will help the company better understand the Chinese … Continue reading
May 13, 2016
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Comments Off on Apple Invests $1 Billion in Chinese Ride-Sharing Company Didi Chuxing
Apple has invested $1 billion in Chinese ride-hailing company and Uber competitor Didi Chuxing, reports Reuters. The move is a strategic investment that will help the Cupertino company better understand the Chinese market, CEO Tim Cook told Reuters. “We are … Continue reading