Apple began selling the iPhone 5 on Sept. 21, the same day the company's stock hit an all-time peak of $705.07 per share. Since then, the stock has plunged more than 20 percent, trimming the company's market value by more than $150 billion. On Friday afternoon, shares were trading at around $534.
Though the metal edges of its PCs and mobile devices are as sharp and severe as ever, Apple is emerging under Cook's leadership as a kinder corporate citizen. Cook's announcement this week that the company is moving the production of one of its Mac computer lines to the U.S. is just the latest step in a softening of the company's image following the October 2011 death of CEO and co-founder Jobs.
Apple shares continued to slide for a second day before the opening bell, a day after the company posted its worst one-day stock drop in four years. On Wednesday, the Cupertino, Calif.-based company's shares closed down 6 percent at $538.79, erasing $35 million in market capitalization. Speculation abounded as to the cause.
As Apple’s share price plummets in the face of missed third quarter earnings, Samsung’s Galaxy S III smartphone is crowned the world’s best-selling smartphone ever.
Apple and Samsung tout tablet sales numbers.
Apple's fiscal fourth quarter financials couldn't keep pace with Wall Street's expectations.
Apple today unveiled a smaller 7.9-inch iPad to accompany its standard 10-inch model. The company made the announcement during a media event in San Francisco that was streamed live on the company's website.
While Apple has not confirmed an iPhone 5, all signs point to an announcement tomorrow.
Apple yesterday sent out invites to a Sept. 12 press event, where the company is expected to unveil the next iPhone.
Fresh off a billion-dollar loss in a patent fight with rival smartphone maker Apple, embattled Samsung Electronics Co. now finds itself accused by a labor rights group of mistreating workers in China and illegally using child labor.
South Korea's Samsung won a home court ruling in its global smartphone battle against Apple on Friday when judges in Seoul said the company didn't copy the look and feel of the U.S. company's iPhone, and that Apple infringed on Samsung's wireless technology.
Apple's stock hit a new high Friday after a four-month swoon, as investors looked ahead to the release of a new iPhone and possibly a smaller iPad.
Apple is buying security company AuthenTec in a deal valued at about $356 million.
Having customers excited about your new line of products doesn't seem like it should be a problem, but it's one that tripped up Apple's earnings last quarter.
If the recent rumors are true, Apple will have some backtracking to do to justify its move to a smaller format, NPD Group analyst Ross Rubin says.
Apple has paid $60 million to settle a dispute in China over ownership of the iPad name, a court announced Monday, removing a potential obstacle to sales of the popular tablet computer in the key Chinese market.
NEW YORK (AP) — A Wall Street analyst on Monday set the highest price target yet for Apple shares, valuing them at $1,001 each, or about 62 percent more than their current price.
Google is reportedly facing multiple investigations from the Federal Trade Commission (FTC) over its business practices.
The bottom line following Wednesday's iPad launch appears to be that the new LTE-capable tablet will only bolster Apple's dominance in the tablet market.
The Wall Street Journal reported that the Department of Justice (DOJ) has threatened to sue Apple and others for colluding with publishers to fix eBook prices.
SAN FRANCISCO (AP) — Apple's new iPad will be thicker and heavier than the iPad 2 because it features a bigger, more powerful battery.
Apple is set to unveil its next-generation iPad at an event in San Francisco today...
Google and Motorola Mobility have been ordered to hand over information to Apple about the development of the Android operating system.
iPotato, isock, icouch, istove, i-you-name-it. An Internet search for "i'' words from A to Z will turn up just about any combination you might think up, from all over the world, only a handful of them related to Apple.