Apple has named longtime insider Steve Smith as its new head of mergers and acquisitions, according to an internal memo seen by…
Tag: Kevan Parekh
Apple to report Q426 earnings on Monday, November 2nd
Apple will report FY26 Q4 earnings on Monday, November 2, 2026 after market close, right around 1:30 p.m. PDT / 4:30 p.m. EDT…
Former Apple CFO Luca Maestri relinquishes corporate services duties as Ternus era begins
Apple is seeing another high-profile executive from the Tim Cook era scale back his remaining responsibilities, as former CFO…
Apple’s incoming CEO John Ternus faces an immediate test: remaking a decades-old leadership bench
John Ternus takes over as Apple’s chief executive on September 1st, succeeding Tim Cook, who will become executive chairman after…
MacDailyNews presents live notes from Apple’s Q326 conference call
MacDailyNews presents live notes from Apple’s Q326 Conference Call with analysts starting at 2pm PDT / 5pm EDT today, July 30, 2026…
‘There is no one on this planet I trust more to lead Apple’ – key quotes from Tim Cook, John Ternus, and Kevan Parekh on Apple’s Q226 earnings call
Apple held its fiscal Q2 2026 earnings conference call on April 30th, delivering strong financial results alongside notable commentary on…
Apple officially abandons its ‘net cash neutral’ policy; could lead to accelerated buybacks and dividends
In a notable evolution of its financial strategy, Apple has formally abandoned its “net cash neutral” target during Thursday’s fiscal second…
MacDailyNews presents live notes from Apple’s Q226 conference call
MacDailyNews presents live notes from Apple’s Q226 Conference Call with analysts starting at 2pm PDT / 5pm EDT today, April 30, 2026…
MacDailyNews presents live notes from Apple’s Q126 conference call
MacDailyNews presents live notes from Apple’s Q126 Conference Call with analysts starting at 2pm PT / 5pm ET today, January 29, 2026…
While rivals plow money into data centers, Apple spends big on buybacks
Apple is holding back on AI data center spending. Its free cash flow is fueling the tech industry’s largest buybacks program…
Apple shares rise on strong holiday guidance
Apple shares climbed roughly 2% in premarket trading on Friday, buoyed by strong holiday-quarter guidance that signaled a sales recovery…
Apple sued by shareholders for fraudulently overstating Siri AI progress
On Friday, Apple was hit with a proposed securities fraud class action lawsuit from shareholders, alleging the company misrepresented…
MacDailyNews presents live notes from Apple’s Q225 conference call
MacDailyNews presents live notes from Apple’s Q225 Conference Call with analysts starting at 2pm PT / 5pm ET today, May 1, 2025…
MacDailyNews presents live notes from Apple’s Q125 conference call
MacDailyNews presents live notes from Apple’s fiscal Q125 Conference Call with analysts starting at 2pm PT / 5pm ET today, January 30, 2025…
How will Apple’s new CFO handle dividends and buybacks?
Apple on Monday announced that Chief Financial Officer (CFO) Luca Maestri will transition from his role on January 1, 2025. Maestri will…
Analysts expect seamless Apple CFO transition
Apple on Monday announced that Chief Financial Officer Luca Maestri will transition from his role on January 1, 2025. Maestri will continue…
Apple to replace CFO Luca Maestri on January 1st in planned succession
Apple on Monday announced that Chief Financial Officer Luca Maestri will transition from his role on January 1, 2025. Maestri will continue…
