Steve Jobs was famous for his temper; Apple CEO Tim Cook, on the other hand, has cultivated a more calm and easygoing demeanor. That makes the few times when he actually does lose his temper all the more noteworthy. The latest incident occurred at during Friday's meeting with Apple shareholders, when Cook lashed out at a member of the conservative National Center for Public Policy Research, telling them to "get out of [Apple] stock" if they disagreed with Apple's policies.
So it turns out that that old bit of advice that we've almost all received is a bit off--it really does matter what some people think of you. Specifically, if you're Apple and investors Carl Icahn and Lee Cooperman think your company's "extremely undervalued," it'll drive your stock up to levels it hasn't seen in months.
One of the big questions surrounding the so-called iPhone 5C has focused on how Apple plans to keep the device from cannibalizing its high-end smartphones, and the discussion's traditionally centered on speculation that the Cupertino company will limit the sale of the device to overseas markets. But Piper Jaffray analyst Gene Munster has a different idea. According to him, the iPhone 5C may simply not have Siri.
The prettification of iOS wasn't the only thing that Apple introduced at WWDC--there was, after all, the good news about the wonderful PCIe memory and the beautiful and powerful new Mac Pro--but apparently investors aren't impressed. Apple stock has witnessed a minimal but steady decline since Monday's announcements, and today shares sit at $432 down from Monday's optimistic high of $441.
They say what goes up, must come down -- and in the case of Apple stock, investors have put the company through quite a wild ride in recent years. But what happens when the iPhone maker's income growth stalls for real?
Finally, some clarity on the $1 billion jury ruling from the big trial with Samsung last summer. Samsung had a wish list that included dismissing the case entirely, while Apple made a pitch for triple damages, among other things. Judge Lucy Koh finally ruled on most of the issues; would Samsung get off scot free, or would Apple be lugging an even bigger check to the bank? Also, if you are able to invest in companies, and one of the companies is doing really well and earning a lot of profit, is your next move really to sue them?
Apple co-founder Steve Jobs was clearly one of a kind, and no one expected Tim Cook to emulate him after stepping into the CEO shoes last year. But a new report on the Cupertino boss examines exactly how different his management style is from his predecessor.
Five months into his reign, Research in Motion CEO Thorsten Heins will be facing the toughest crowd of them all in Orlando next week: Disgruntled BlackBerry developers who are quickly losing faith in their platform.
Where will you be on Tuesday, April 24, 2012? If you’re an investor in Apple or otherwise invested in the company’s future, you’ll probably be tuning into the next conference call to discuss the company’s second-quarter earnings call.