Apple has issued a statement warning that the company will miss their quarterly guidance given on January 28th with last month’s earning report…
Tag: Luca Maestri
Apple reduces massive bill for back taxes the EU claims it must pay Ireland
According to regulatory filings, Apple reduced a massive back tax bill it must pay Ireland after other governments claimed a slice of the payment last year…
MacDailyNews presents live notes from Apple’s Q120 conference call
MacDailyNews presents live notes from Apple’s Q120 Conference Call with analysts starting at 5pm ET today. The company posted record quarterly revenue…
Apple’s 2020 Annual Meeting of Shareholders scheduled for February 26th
Apple will host the 2020 Annual Meeting of Shareholders at the Steve Jobs Theater in Cupertino on February 26, 2020…
Lunch with Apple CFO Luca Maestri with tour of Apple Park up for auction
You and a guest can enjoy lunch with Apple Senior Vice President and CFO Luca Maestri on campus in Cupertino, California…
MacDailyNews presents live notes from Apple’s Q419 conference call
MacDailyNews presents live notes from Apple’s Q419 Conference Call with analysts starting at 5pm EDT/2pm PDT today…
Starbucks wins, Fiat loses, Apple kept guessing in EU tax grab rulings
Starbucks Corp. won a court fight and a Fiat Chrysler Automobiles NV unit lost one over European Union tax orders in decisions…
Apple may get clues about its chances of winning tax case of the century
Apple has been arguing its case at the European Union’s General Court to topple a record 13 billion-euro ($14.3 billion) EU tax order…
Apple and Ireland blast European Commission’s ‘fairy story’ behind $14 billion EU tax grab
Apple accused the European Commission of misunderstanding its business on day two of the iPhone maker’s appeal against a $14 billion tax order…
Apple slams EU as epic court battle over $14 billion tax clawback commences
Lawyers for the world’s biggest company faced EU officials in the Luxembourg court, challenging a decision that CEO Tim Cook slammed at the time as “total political crap” with no basis in law…
Apple says $14 billion EU tax clawback ‘defies reality and common sense’
Apple is appealing to Europe’s second highest court to overturn the European Commission’s 2016 ruling that it pay the record sum of over 13 billion euros to Ireland…
Apple takes fight against $14.4 billion EU tax grab to court
Apple is expected to send a six-man delegation headed by Chief Financial Officer Luca Maestri to the two-day court hearing…
Apple to fight EU’s $14 billion tax grab in European court next month
Since 2016, both Apple and Ireland have been denying the merit of the European Union’s tax clawback…
Apple now has $210 billion in cash on hand, enough to buy Netflix and Tesla with cash to spare
Cupertino-based Apple Inc. ended its most recent quarter with $210.6 billion in cash and marketable securities on hand…
Apple CEO Cook: We want to make the new Mac Pro in the U.S., too
Apple Inc. Chief Executive Tim Cook on Tuesday said that the desire to keep Mac Pro computer production in United States…
MacDailyNews presents live notes from Apple’s Q319 conference call
MacDailyNews presents live notes from Apple’s Q319 Conference Call with analysts starting at 5pm EDT/2pm PDT today…
Ireland invests disputed Apple taxes in low-risk bonds
Ireland’s debt agency has invested disputed taxes collected from Apple in low risk, highly rated euro-dominated fixed income securities…
Apple, CEO Cook, CFO Maestri face another class action over false and misleading financial statements
Apple’s almost universally positive financial outlook, offered in investor conference calls following quarterly earnings reports…
Class action lawsuit filed against Apple for making false and misleading statements to the market
The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Apple Inc. for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934…
MacDailyNews presents live notes from Apple’s Q219 conference call
MacDailyNews presents live notes from Apple’s Q219 Conference Call…
Levi & Korsinsky, LLP announces class action lawsuit against Apple over false and misleading statements
Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of Apple Inc…
The Law Offices of Vincent Wong files class action lawsuit against Apple, alleging executives made false and misleading statements to the market
The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court…
Bronstein, Gewirtz & Grossman announces deadline for class action lawsuit against Apple over false and misleading statements
This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934…
The Schall Law Firm files class action lawsuit against Apple, alleging executives made false and misleading statements to the market
The filing of a class action lawsuit against Apple for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5…
Apple CEO Cook, CFO Maestri accused of securities fraud over iPhone sales
The suit claims that Apple CEO Tim Cook and the company’s chief financial officer Luca Maestri violated the U.S. Securities Exchange Act…
Apple may be aggressively buying back AAPL shares again
The indices are mixed and breadth is running about 2,900 gainers to 3,800 decliners…
Why did Apple buy a lot of stock high, then stop buying low in December?
Apple Inc. remained aggressive in buying back its stock when momentum was strong…
MacDailyNews presents live notes from Apple’s Q119 conference call
MacDailyNews presents live notes from Apple’s Q119 Conference Call with analysts…
Apple’s services revenue guidance confuses some analysts
Apple Inc. this month sparked confusion and frustration among analysts and investors…
Apple CEO Tim Cook got a 22% pay raise in 2018 with $12 million bonus, just before the stock collapsed
Apple Inc. CEO Tim Cook raked in a $12 million performance-based cash bonus in 2018…
Apple’s 2019 Annual Meeting of Shareholders takes place on February 6 in Apple Park’s Steve Jobs Theater
Apple’s 2018 financial results broke new records, and significant milestones were achieved across the company…
How Apple could double its services revenues by 2022
Apple’s Services business has grown at a rate of over 20% over the last three years,…
Apple’s reporting changes strive to shift the focus to the company’s massive profits
Last month, Apple CFO Luca Maestri told investors the company will no longer report hardware unit sales…
Needham analyst supports Apple’s decision to stop providing unit sales data for iPhone, iPad and Mac
If Apple must taketh away, it should giveth back, too…
Apple’s secret weapon
The conservative valuation of this vertical would be $111 billion to $148 billion…
Here’s what’s driving Apple’s burgeoning services business
Apple’s bread-and-butter iPhone business has been seeing slowing volumes growth…
Apple outgrew unit sales
In 2014, Apple management surprised many by announcing they were not going to disclose Apple Watch unit sales…
Has Tim Cook lost control of the Apple narrative?
Apple Inc. has found itself in the strange position of having joined the ranks of those companies…
Apple analysts have a long history of misreading weak iPhone demand based on supplier rumors
Stop me if you’ve heard this one before…
Apple has a plan as iPhone demand peaks; many suppliers don’t
As customers wait longer between upgrades and the smartphone market saturates…
Morgan Stanley: Apple’s services will grow to over $100 billion per year in 2023
Katy Huberty from Morgan Stanley has taken a deep-dive into Apple’s services market segment…
Apple is transitioning from product company to service giant
An accounting decision by Apple’s management this past quarter indicates where the company is heading…
