26/08/2011 |

Photo by Muffet - http://flic.kr/p/6dGEz
Here’s an idea: let’s cut Apple in half. Sure, the company is the most profitable on the planet and grabs more headlines than the U.S. President. The trouble, according to some on Wall Street, is Apple isn’t acquiring and selling enough to earn financial wizards hefty commission checks. The thinking behind this notion being floated on Wall Street is that Apple could become even more valuable than its current $346 billion if the tech...
Apple’s stock is as good as gold, right? Perhaps, but that doesn’t mean that it’s value can’t be manipulated. Writing for Fortune, Philip Elmer-DeWitt makes a shocking accusation: Apple’s share price is being manipulated by a mysterious cabal who are “pinning...
Tim Cook isn’t the only one cashing in Apple stock these days; Senior VP of marketing, Phil Schiller, CFO Peter Openheimer, VP of hardware engineering Robert Mansfield, and VP of iOS software Scott Forstall recently had the restrictions on some of their stocks removed, resulting in a sizab...
Apple CEO Tim Cook cashed in on $11.1 million worth of Apple stock today, according to a filing withThe Securities and Exchange Commission. 20,178 of Cook’s shares were sold off through a series of 5 transactions at various individual stock prices ranging from$547-$551. Not a bad pay day. ...
Not too long ago, Apple announced that they would be dishing out $2.65 per share to regular Apple stockholders, but even those within Apple that own restricted stock units will be getting a little something. By way of a securities filing, Apple has announced that those with RSUs (which aren't no...
Apple’s market cap has been worth more for a while, but now even a single share of AAPL stock is worth more than Google’s, having reached that milestone today at 12:26PM EDT, as noted by Fortune’s Philip Elmer-Dewitt. Boom. Related Stories
Following the news that Apple has more cash on hand than the US government, it’s just been announced that Apple has surpassed ExxonMobil to become the world’s most valuablepubliclytraded company.Apple’s reign didn’t last that long, asBusinessInsider is reporting that Exxon...
Did you know Cult of Mac has a brand new podcast? No lies! We’re calling it The CultCast, and it’s the best 30 minute conversation you’ll hear about Apple all week long. And wouldn’t you know it, we just released episode two into the wild! Join Leander Kahney, Buster Hein...
Apple seems inoculated against the economic virus besetting PC sales. Indeed, sales of iPhones and iPads make shares of the Cupertino, Calif. tech giant worth $520, a Goldman Sachs analyst told investors Wednesday. Goldman’s Bill Shope raised his previous estimate of $480, noting “Ap...
Did you know Cult of Mac has a brand new podcast? No lies! We’re calling it The CultCast, and it’s the best 30 minute conversation you’ll hear about Apple all week long. And wouldn’t you know it, we just released episode two into the wild! Join Leander Kahney, Buster Hei...