Apple Inc. (NASDAQ:AAPL)’s stock price has practically dropped off a cliff since it hit its all-time high of $705 per share in September, and there’s plenty of debate about whether it will ever make a comeback. However, when you’re talking about a company like Apple Inc. (NASDAQ:AAPL), making a comeback starts with the release of a blockbuster product. Apple Inc. (AAPL)’s “Dynamic Capabilities” Huffington Post contributor David J. Teece said he believes that Apple...
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Bill Gates has rarely shown emotional weakness in public. But the software czar grew emotional as he recalled visiting Apple Inc. (NASDAQ:AAPL) co-founder Steve Jobs in May 2011 when Jobs was seriously ill. During his interview with Charlie Rose of CBS’ 60 Minutes, the Microsoft Corporation (NASDAQ:MSFT) chairman applauded Jobs and his sense of design. Gates recalled that Steve Jobs was still enthusiastic about the future of technology despite his deteriorating health. Jobs’ Sense Of Design When Charlie...
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How did the mother’s club at Bill Gates’ high school set him on a path to change the world? By holding a rummage sale to buy the school’s first teletype, the machine that would connect 13-year-old Gates and his friend Paul Allen to a world of possibility in personal computing. The two men went on to found Microsoft and wrote the software that fueled the PC revolution. As soon as the teletype machine showed...
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Tesla Motors Inc (NASDAQ:TSLA) shares rose as much as 20 percent today after the company smashed earnings expectations, reporting first quarter earnings of 12 cents per share—compared to estimates of 3 cents per share for the quarter. On Wednesday right before Tesla’s released its earnings report, Longboard Asset Management CEO Cole Wilcox appeared on Bloomberg Television to talk about the company and why he believes it’s the next Apple Inc. (NASDAQ:AAPL) and that CEO...
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Apple Inc. (NASDAQ:AAPL)’s Chief Financial Officer Peter Oppenheimer was the highest paid among all CFO’s in 2012. Apple Inc. (AAPL)’s CFO Earnings Apple Inc. (NASDAQ:AAPL)’s CFO earned the most in fiscal 2012. He earned $68.6 million package that dwarfed the $4.17 million paid to Chief Executive Officer Tom Cook, according to data compiled by Bloomberg. Oracle Corporation (NASDAQ:ORCL) CFO Safra Catz was second at $51.7 million, making her the highest-paid female leader, while Patrick Pichette...
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According to a new Bloomberg article, Apple Inc. (NASDAQ:AAPL) made a big mistake by taking on debt in order to pay for its massive capital programs. The author thinks that the company should have, instead, bought Tesla Motors Inc (NASDAQ:TSLA) instead, and that’s what the company would have done under former CEO Steve Jobs. Chamath Palihapitiya, writing on Bloomberg earlier today, pointed to the company’s recent announcement that it intended to get into the...
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The infographic features prolific thinkers, magnates, and tech people who dropped out of school and transformed science and technologies. 1) Thomas Edison invented artificial light and many devices such as the kinetophone and phonograph. 2) The Wright Brothers invented the first airplane and were known for their aptitude for science and their extraordinary curiosity. 3) Microsoft Corporation (NASDAQ:MSFT) co-founder Bill Gates is an American multi-billionaire who is known for his philanthropic work in low-income communities....
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Apple Inc. (NASDAQ:AAPL) is seeking the services of Goldman Sachs Group, Inc. (NYSE:GS) and Deutsche Bank AG (NYSE:DB) (ETR:DBK) to sell bonds for the first time since its last bond offering in 1996, according to a report from Bloomberg. In addition to its service in selling Apple Inc. (NASDAQ:AAPL)’s bonds, Goldman Sachs Group, Inc. (NYSE:GS) also serves as an adviser for Apple Inc. (NASDAQ:AAPL) regarding its billions of dollars of available cash. According to an individual familiar...
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Apple Inc. (NASDAQ:AAPL) has supposedly been looking for a replacement for CEO Tim Cook, according to Forbes contributor Gene Marcial. He said Wall Street sources say the company is in the process of doing it, but there’s no evidence of the sort at this point. And I have to admit that I just don’t see Apple Inc. (NASDAQ:AAPL) ousting him—even though the company’s stock has gotten pounded in recent months. According to Marcial, Apple...
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If yesterday’s numbers were to weigh in on the subject, the answer would be simple, $392.05. Apple Inc. (NASDAQ:AAPL) opened today’s trading at $387.99 before beginning a drive towards $400 reaching $399.60 just after 11 AM before beginning a descent towards yesterday’s closing mark where it is presently trading. Unlike other falling apples, this one won’t lead us towards a theory of gravity but rather continue to breed speculation on just how far Apple...
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One recommendation that Warren Buffett gave Steve Jobs is that if he thought Apple Inc. (NASDAQ:AAPL)’s stock price was “cheap”, there was no better use of Apple Inc. (NASDAQ:AAPL)’s cash than buying back its own stock. Mr. Buffett not only gives this advice, he follows it, stating that he believes Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) is worth at least 1.2 times its book value, he stands ready to buy Berkshire stock below that level. Research...
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