Apple Inc has spent nearly two times what it spent the year before on acquisition deals, deploying $525 million for these purchases last quarter, Bloomberg reported.
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Tim Cook, incumbent chief executive of Apple Inc, has received $4.25 million in salary and bonus for the fiscal year 2013. A proxy filing by Apple also revealed that the tech giant's chief executive did not receive stock-based compensation for the last two fiscal years.
Apple Inc. has filed a proxy statement with the US Securities and Exchange Commission on Friday. Apple investors are set to vote on activist investor Carl Icahn's $50 billion stock repurchase proposal on February 28.
New York-based online auction site CharityBuzz has raised USD100 million in funding for good causes such as UNICEF, Breast Cancer Research Foundation, St. Jude's Children's Research Hospital, by auctioning off time and possessions of famous people.
A Tokyo-based analyst cited unnamed sources who said Apple Inc would be releasing its television models by the end of next year.
News about a dinner meeting of billionaire activist investor Carl Icahn and Apple Inc chief executive Tim Cook prompted the tech giant's shares to increase by 2%.
Billionaire Carl Icahn's tweet influenced Apple share prices, making the leading tech company's stock valuation rise by as much as USD17 billion.
Analysts from Citi released a report that in 2015, the smartphone saturation would transpire.
The pressure is on for Apple to launch new products.
Apple's chief executive officer Tim Cook said in an earnings call that the company will definitely do something for the automobile.
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