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Apple Inc (AAPL.O)

AAPL.O on Nasdaq

157.50USD
18 Aug 2017
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$-0.36 (-0.23%)
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Latest Key Developments (Source: Significant Developments)

AAC Technologies comments on report about company's financial performance
Thursday, 11 May 2017 02:09am EDT 

May 11 (Reuters) - AAC Technologies Holdings Inc <2018.HK>:noted a report circulating in investment community on 11 may 2017 about company's financial performance and corporate governance..denies allegations in report and considers information contained therein to be inaccurate and misleading.."shareholders of company and potential investors are advised to exercise caution when dealing in shares of company.".confirms it is not aware of any information which must be announced to avoid false market in cos' securities.  Full Article

Apple Inc publishes 2016 Conflict Minerals report
Friday, 5 May 2017 08:25am EDT 

May 5 (Reuters) - Apple Inc ::Apple Inc publishes 2016 Conflict Minerals report.Says in 2016 all smelters in its supply chain participated in an independent third-party conflict minerals audit.Says as of Dec 31, 2016, 96% of smelters in Apple’s supply chain had completed their audit and 4% were in the process of completing one.Says at end of 2016 there were 250 smelters in its supply chain providing minerals used in its products including gold, coltan, cassiterite, wolframite, tantalum, tin, and tungsten.Says urged smelters in its supply chain to complete the audit process & removed those unwilling to participate in an independent third-party conflict minerals audit.Says in 2016, it directed removal of 22 smelters not willing to participate in or complete conflict minerals audit by company's deadline.Says believes continued pressure on smelters removed from supply chain previously for not participating in audit led to some smelters joining such programs in 2016.Says in 2016, reviewed over 1,300 incidents, including human rights and security concerns, from reports generated through mining-industry body ITRI, local NGOs, and other reports.Says 15 incidents potentially linked to smelters in supply chain occurred in which potential members of “armed groups” – as defined by Apple - were alleged to be involved.Says with respect to the 15 incidents identified, it has not to date been able to determine whether conflict minerals were included in Apple’s products.  Full Article

Apple Inc files for pricing of $7.0 billion
Friday, 5 May 2017 06:48am EDT 

May 5 (Reuters) - Apple Inc : :Apple inc files for pricing of $7.0 billion , six-part notes offering .  Full Article

Apple files for six-part notes offering; size not disclosed - SEC filing
Thursday, 4 May 2017 08:48am EDT 

May 4 (Reuters) - Apple Inc :Files for six-part notes offering; size not disclosed - sec filing.Says notes will be issued only in minimum denominations of $2,000 and integral multiples of $1,000 in excess thereof.Says goldman sachs & co llc, j.p. Morgan and wells fargo securities are underwriters to the notes offering.  Full Article

Qualcomm said to seek U.S. import ban on iPhones- CNBC, citing Bloomberg
Wednesday, 3 May 2017 04:36pm EDT 

May 3 (Reuters) - Apple Inc :Qualcomm said to seek U.S. import ban on iPhones- CNBC, citing Bloomberg.  Full Article

Iberdrola to build wind farm for Apple
Wednesday, 3 May 2017 06:43am EDT 

May 3 (Reuters) - Iberdrola SA ::Says that through its US unit, Avangrid Renewables, it has signed an agreement with Apple Energy, a unit of Apple <<>>, for long-term energy sale from the Montague wind farm in Oregon, the United States.The 200 MW wind farm will be built between 2018 and 2020 .The planned investment in the facility amounts to $300 million.Iberdrola will be the owner and operator of the wind farm and the energy generated during the next 20 years will be supplied to Apple .  Full Article

Apple Inc reports Q2 earnings of $2.10 per share
Tuesday, 2 May 2017 04:30pm EDT 

May 2 (Reuters) - Apple Inc ::Q2 earnings per share $2.10.Q2 net sales $52.90 billion versus $50.56 billion last year.Says international sales accounted for 65 percent of the quarter's revenue.Q2 earnings per share view $2.02, revenue view $53.02 billion -- Thomson Reuters I/B/E/S.Says board authorized increase of $50 billion to program to return capital to shareholders, extending program timeframe by 4 quarters.Says under expanded capital return program, plans to spend cumulative total of $300 billion by the end of march 2019.Says board approved 10.5 percent increase to quarterly dividend, and declared dividend of $0.63 per share of common stock.Sees Q3 revenue between $43.5 billion and $45.5 billion .Sees Q3 gross margin between 37.5 percent and 38.5 percent.Sees Q3 operating expenses between $6.6 billion and $6.7 billion.Q3 revenue view $45.60 billion -- Thomson Reuters I/B/E/S.Says board increased share repurchase authorization to $210 billion from the $175 billion level announced a year ago.Says also expects to continue to net-share-settle vesting restricted stock units.Q2 iPhone sales 50.8 million units versus 51.2 million units last year.Q2 greater china revenue $10.73 billion versus $12.49 billion last year.Q2 iPad sales 8.9 million units versus 10.3 million units last year.Q2 Mac sales 4.2 million units versus 4 million units last year.Q2 Mac revenue $5.84 billion versus $5.11 billion last year.Q2 services revenue $7.04 billion versus $5.99 billion last year.  Full Article

Apple comments on payment dispute with Qualcomm
Friday, 28 Apr 2017 08:30am EDT 

April 28 (Reuters) - Apple Inc ::Says "we’ve been trying to reach a licensing agreement with Qualcomm for more than five years but they have refused to negotiate fair terms".Says "without an agreed-upon rate to determine how much is owed, we have suspended payments until the correct amount can be determined by the court".  Full Article

Apple plans to launch new educational sessions in all Apple stores
Tuesday, 25 Apr 2017 10:00am EDT 

April 25 (Reuters) - Apple Inc :Says plans to launch new educational sessions next month in all 495 Apple stores.  Full Article

Qualcomm says Apple's suppliers withheld about $1 bln from their payments in Q2
Wednesday, 19 Apr 2017 04:34pm EDT 

April 19 (Reuters) - Qualcomm Inc : :Qualcomm Inc - Apple's suppliers reported royalties in fiscal Q2 for sales activity in the Dec quarter, but withheld about $1 billion from their payments.Qualcomm Inc says the amount is equal to amount Apple claims Qualcomm owes it under a separate cooperation agreement between Qualcomm and Apple.  Full Article

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Infosys CEO resigns after long-running feud with founders

BENGALURU/MUMBAI Vishal Sikka, the chief executive brought in to turn around India's Infosys three years ago, resigned on Friday, blaming a "continuous drumbeat of distractions" and a long-running row with the founders over company strategy. | Video