Apple company headlines, earnings, strategy, leadership, and market-moving business updates.
Market data may be delayed. For informational purposes only. Not investment advice.
A report tied to Apple’s planned CEO handoff on Sept. 1 looks back at how the stock moved during Tim Cook’s 15-year tenure, as the company prepares for a transition to John Ternus.
THE APEX TIMES
THE APEX TIMES
Jennifer Bailey, a senior Apple executive associated with Apple Pay and Wallet, is reportedly set to leave in October, setting up a management reshuffle at one of the company’s fastest-growing services areas.
THE APEX TIMES
A reported $250 million settlement with Apple, agreed to in May, is expected to take far longer than many customers anticipate to reach eligible claimants, according to coverage that cites the timeline needed for distribution.
THE APEX TIMES
A new downgrade argument aimed at Apple’s outlook stumbled almost right away, with one part of the case said to have broken within 24 hours and another described as running into the company’s strongest June quarter on record, according to a market opinion posted Monday.
THE APEX TIMES
A fresh Wall Street downgrade pointed to concerns about Apple’s upcoming iPhone economics, citing product-cycle changes and higher component costs.
THE APEX TIMES
Amazon shares jumped as much as 15% after the company topped Wall Street’s revenue estimates, while Apple’s stock moved in a different direction despite also exceeding revenue expectations, according to a report cited by Yahoo Finance.
THE APEX TIMES
Jennifer Bailey, Apple’s longtime executive overseeing Apple Pay and Wallet services, is set to retire after more than two decades at the company, according to a report carried by Yahoo Finance. Her departure adds to a broader leadership reshuffle at the iPhone maker.
THE APEX TIMES
Jennifer Bailey, who has led Apple’s Pay and Wallet efforts since 2014, plans to retire in October after more than two decades at the company, according to a report.
THE APEX TIMES
The company has called off an all-glass iPhone model after problems tied to the design and manufacturing process, according to a market report. Apple said it is reassessing its product roadmap and pricing mix.
