Apple Beats the Street; Announces Stock Buyback, Dividend Hike
Apple reported better-than-expected second quarter revenue of $43.6 billion, and said it will distribute $100 billion in cash to its shareholders over two years.
Apple reported better-than-expected second quarter revenue of $43.6 billion, and said it will distribute $100 billion in cash to its shareholders over two years.
Blackberry surprised Wall Street with a solid quarterly profit, but revenue fell, and the company continued to lose customers. And what of the new Z10 and Q10 smartphones?
Even if you don't have any money riding on March Madness, there are some meaningful financial lessons being dispensed on the basketball court this time of year.
Samsung is taking to the Big Apple on Thursday to reveal its next big challenge to Apple's iPhone 5 -- a successor to its top-selling Galaxy S III smartphone.
Samsung is already the world's top seller of smartphones, and now it hopes to pad its lead. The tech giant will introduce the Samsung Galaxy S4 Thursday, and among the cool -- but creepy -- features we expect to see is a screen control system that works by tracking the motion of your eyes.
Verizon this morning posted a quarterly loss, due to one-time charges for restructuring and Sandy-related costs. Even after you strip out the charges, the results were weaker-than-expected. But revenue topped expectations.
This would be the year when the global economy finally regained its vigor. At least that's what many had hoped. It didn't happen. So what were the top ten business stories of 2012?
From a company that blew away analysts' expectations to a CEO misusing corporate jets, here's a rundown of this week's smartest moves and biggest blunders in the business world.
Traditional brick-and-mortar retailers are turning from stores where people buy things into showrooms for e-commerce sites. But this holiday season, with their most important quarter of the year hanging in the balance, they're fighting back hard.
Orders for the iPhone 5 topped 2 million in the first 24 hours after Apple started taking them at 12 midnight Pacific time on Friday. That's more than double the amount of iPhone 4S orders on its first full day.
Smartphones are becoming a must-have tech accessory, but the monthly bills can get pricey fast. If you fit one of these profiles, you may save money by signing up for one of these phone plans.
Your desktop -- and maybe even the shiny new laptop that you bought a few months ago -- are dinosaurs. The "good enough" computing revolution that has nudged consumers-on-the-go toward smartphones and tablets is taking its toll on the box business.
Earlier this week, we confirmed speculation that Apple will roll out its latest iPhone on September 21, a mere four weeks away. An iPhone debut is always an event, but things should be particularly interesting this time around.
With Apple up a whopping 50% this year, is it time to sell some shares? One surprising place to find some guidance, say analysts: the resale market for iPhones.
AT&T on Tuesday said that it saw declining smartphone sales in the second quarter, leading to the best profitability ever in its wireless arm as it saves on phone subsidies.














