Tim Cook

Breaking News about Tim Cook:

Apple Stock Trades At All-Time High: Sell Side Positive After Earnings Beat

Oct 23 2014 12:06pm CDT | Source: bidness etc

After posting upbeat earnings for the fourth quarter of its 2014 fiscal year (4QFY14), Apple Inc.'s (AAPL) stock crossed the $100 mark, to reach an all-time high of $105. The better-than-expected iPhone 6 sales (39.3 million units), compared to earlier estimate of 38 million, was the major catalyst for the positive quarterly results. This has translated into the company’s share price rallying– which was trading below ...
Full article at: bidness etc


Apple To Open 25 More Stores In China

Oct 23 2014 7:44am CDT | Source: bidness etc

Apple Inc. (AAPL) Chief Executive Officer (CEO) Tim Cook continues to meet several high-profile individuals in China. In a recent interview to Sina Corp, Mr. Cook said Apple is planning to expand its presence in the country. The company plans to open 25 more stores in Hong Kong, Taiwan, and Mainland China, taking its total number of stores in the region to 40. Earlier, Apple had planned to increase its store count in the region to 22 by 2015. ...
Full article at: bidness etc


Will iPad Air 2 Revive Dwindling iPad Sales?

Oct 23 2014 6:50am CDT | Source: bidness etc

Sales of Apple Inc.'s (AAPL) iPads have continued to slide for the third consecutive quarter. They were down 13% year-over-year (YoY) to 12.3 million units, compared to the 14.1 million units sold in the same period last year. This has resulted in a drop of 14% YoY. The tech giant now hopes that the product refreshers –iPad Air 2 and iPad Mini 3– can help revive the segment's falling sales. The iPad ...
Full article at: bidness etc


Latest stories

Jail chat upsets Lindsay Lohan
London, Oct 25 (IANS) Actress Lindsay Lohan has been left "upset and uncomfortable" after appearing on "The Jonathan Ross Show" and being asked about the time in jail. | by IANS
Bieber hits on model with Disney pick-up line
Los Angeles, Oct 25 (IANS) Singer Justin Bieber was caught hitting on a model, whom he saw on a side walk, with cheesy line inspired from Disney's cartoons. | by IANS
For new line, Kim took inspiration from bloggers
Los Angeles, Oct 25 (IANS) Reality TV star Kim Kardashian says she took inspiration from the internet while designing her latest collection. | by IANS

On Track Innovations Surges On Apple Pay Launch

Oct 22 2014 4:40am CDT | Source: bidness etc

On Track Innovations Ltd.'s (USA) (OTIV) stock surged as much as 9% in the last trading session, as investors drove up the price after the successful release of Apple Inc.’s (AAPL) payment system, Apple Pay. On Track Innovations specializes in developing cashless payment solutions, and its WAVE device can be used in tandem with older iPhones to make them compatible with Apple Pay; by default, full Apple Pay functionality is current ...
Full article at: bidness etc


Analysts Don’t Agree With Carl Icahn's Valuation Of Apple

Oct 10 2014 2:20pm CDT | Source: bidness etc

Carl Icahn made the headlines yesterday. His letter to Apple Inc.'s (AAPL) Tim Cook and the company's board encapsulated several important points, including his valuation of Apple stock at $203. However, sell-side analysts view his estimates as "rather optimistic." Steve Milunovich, analyst at UBS AG (UBS), notes that although Apple's stock is undervalued, an estimation of $203 per share from Mr. Icahn is too high. He maintains a Buy rating on the stoc ...
Full article at: bidness etc


Netflix: Icahn Sees Apple UHD TVs As Upcoming Catalysts

Oct 9 2014 1:39pm CDT | Source: bidness etc

Carl Ichan recently said he backed Netflix, Inc. (NFLX) CEO Reed Hasting's view that Ultra HD TVs will be a major catalyst for the company in the future. Mr. Ichan is an investor widely known for his excellent predictions on tech stocks. Ichan, who still holds a significant stake in Netflix even after disposing off 421,000 shares earlier this year, is of the view that the era of pay-TV has aged and that time for innovations is ripe. He believes that the growth pros ...
Full article at: bidness etc


“Dear Tim,” Writes Carl Icahn

Oct 9 2014 9:26am CDT | Source: bidness etc

Yesterday markets were aboil over the subject of a letter that Carl Icahn was supposed to send to Apple Inc. (AAPL) CEO Tim Cook. The wait is over as the letter is now available and provides a detailed analysis on Apple's growth and earnings potential. The underlying theme of the entire letter is to get Apple to increase and expedite its share buyback program. The letter requests Mr. Cook to present Icahn Enterprises with a plan to “make a tend ...
Full article at: bidness etc


Carl Icahn Looking To “Cook” Another Deal

Oct 9 2014 7:19am CDT | Source: bidness etc

Fresh from his victory of splitting PayPal from eBay Inc. (EBAY), activist investor Carl Icahn has set his sights on Apple Inc. (AAPL), as his next target. In a tweet yesterday, he announced his intention to write an open letter to Tim Cook today, which he believes “will be interesting.” Following Mr. Icahn’s tweet, Apple shareholders are abuzz with speculations over the subject matter of the letter.     Many are predicting that Mr. Icahn is looking ...
Full article at: bidness etc


Apple Inc. Says China Pre-Orders For iPhone 6 Start October 10

Sep 30 2014 7:46am CDT | Source: bidness etc

Apple Inc. (AAPL) is set to enter the Chinese market with the new iPhone 6 and iPhone 6 Plus. Today, Apple announced official dates for the availability of its new iPhones in the Chinese market. According to the announcement, new iterations of the iPhone series will be available for pre-orders on October 10 through Apple’s official website. Customers can order their iPhones at Apple retail shops on October 14, which can be picked up on October 17. The news ...
Full article at: bidness etc




Latest from the Network

Second MERS case reported in Qatar
Doha, Oct 23 (IANS) A 43-year-old man in Qatar has tested positive for Middle East Respiratory Syndrome (MERS) in the second confirmed case of the deadly virus in 10 days, media reported Thursday. The patient had...
Read more on Business Balla
Two people die in Pakistan bomb blast
Islamabad, Oct 23 (IANS) At least two people were killed and 12 others injured in an explosion that took place in Pakistan's Balochistan province Thursday, media reported. The bomb was planted on a motorcycle, Dawn...
Read more on Politics Balla
Trott extends contract with Warwickshire till 2017
London, Oct 23 (IANS) England batsman Jonathan Trott, whose mental issues led to his abrupt departure from last winter's Ashes tour, has confirmed his successful comeback to competitive cricket by signing a new three-...
Read more on Sport Balla
Srikanth, Kashyap big movers in BWF rankings
Kuala Lumpur, Oct 23 (IANS) Indian men shuttlers Kidambi Srikanth and Parupalli Kashyap jumped seven places each in the latest Badminton World Federation (BWF) rankings released Thursday while Olympic bronze medallist...
Read more on Sport Balla
Alvin Stardust dead
London, Oct 23 (IANS) English singer Alvin Stardust died after a short illness. He was 72. Stardust's manager confirmed the news about his demise Thursday, reports mirror.co.uk. He was recently diagnosed with...
Read more on Celebrity Balla
Indian man reunited with family after 40 years
Dubai, Oct 23 (IANS) An Indian man, who had disappeared from his hometown in Kerala nearly 40 years ago, has been found by his family at a hospital in Dubai in the UAE, a newspaper report said. Now in his 60s, Abdulla...
Read more on Politics Balla
Srikanth, Kashyap, Saina rise in world rankings
Kala Lumpur, Oct 23 (IANS) Indian men shuttlers Kidambi Srikanth and Parupalli Kashyap jumped seven places each in the latest released Badminton World Federation (BWF) rankings Thursday while Olympic bronze medallist...
Read more on Sport Balla
Flintoff signs for Big Bash side Brisbane Heat
Brisbane, Oct 23 (IANS) Former England captain and all-rounder Andrew Flintoff, who retired from international cricket in 2009, Wednesday confirmed that he will play for Brisbane Heat in the Big Bash League (BBL) this...
Read more on Sport Balla
OPEC daily basket price falls again
Vienna, Oct 23 (IANS/WAM) The basket of 12 crude oils of the Organization of Petroleum Exporting Countries (OPEC) closed at $81.94 a barrel Wednesday compared to $82.09 Tuesday, the OPEC Secretariat said. The new OPEC...
Read more on Business Balla
Lopez to sign multi-million dollar deal?
Los Angeles, Oct 23 (IANS) Singer-actress Jennifer Lopez is reportedly in the final stages of securing a multi-million dollar deal to perform in Las Vegas. The 45-year-old is being offered $350,000 per show at The...
Read more on Celebrity Balla