Apple Inc., the world's most valuable technology company, is set to report earnings for its Q1 of 2011 after the close. While focus on Steve Jobs' health and leave of absence will likely put pressure on Apple shares, analysts believe the Apple's quarterly performance is still intact.
Apple CEO Steve Jobs announced a medical leave yesterday. Robert W. Baird & Co takes a look at what happened to Apple stock in the two previous times Jobs took a medical leave.
As Apple shares are plunging due to Steve Jobs' renewed health concerns, some Street analysts think it is a good buying opportunity to accumulate shares.
US stocks traded mixed in early trade on Tuesday following weaker-than-expected earnings from Citigroup, while declines in Apple shares dragged technology-heavy Nasdaq lower.
It has been a long journey since Steve Jobs came up with the name Apple Computers but the company now known as Apple has become synonymous with the man. Pundits have often predicted that Apple will fail without having Jobs at the helm.
The top pre-market NASDAQ stock market gainers are: ARIAD Pharmaceuticals, Datalink, Sterling Bancshares, China XD Plastics and Ku6 Media. The top pre-market NASDAQ stock market losers are: Apple, Avago Technologies, Cypress Semiconductor, NVIDIA and ASML Holdings.
Apple is set to report earnings today, and analysts are expecting revenue to jump to as much as $24 billion, a rise of 55 percent over the year-ago quarter. But the thought of the company without Steve Jopbs is casting a pall over the good news.
Apple's Chief Operating Officer Tim Cook is again at the helm, after CEO Steve Jobs announced that he is going on a medical leave.
Apple Inc. (Nasdaq: AAPL) shares plunged on German stock exchanges today after it was reported that Chairman Steve Jobs would take another leave of absence, fuelling worries about the potential length of his absence and the extent of his health issues.
Steve Jobs' email to Apple employees about medical leave
Apple Inc Chief Executive Steve Jobs has been granted medical leave to concentrate on his health, he said on Monday.
Apple's CEO Steve Jobs has announced that he is going on medical leave, in an email to the iPad maker's employees, giving weight to a proposal for a CEO succession plan being pushed by some shareholders.
Steve Jobs, the CEO of Apple Inc. (AAPL), has taken medical leave to focus on his health. In his absence, Chief Operating Officer Tim Cook will be responsible for day to day operations.
Facebook CEO Mark Zuckerburg has landed in Esquire magazine's 2010 Celebrity Style Hall of Shame. He is often spotted with comfortable casuals - T-shirt, jeans and sandals.
Apple could lose its 'App Store' trademark if Microsoft has its sway. Microsoft has filed a lawsuit challenging Apple's use of its 'App Store' trademark, arguing that the term is too generic, PC World has reported.
Apple has recommended its shareholders to vote against the demand for a CEO succession plan at the Annual Meeting of shareholders in February.
Apple's CEO Steve Jobs may think Flash isn't necessary, but the rest of the industry begs to differ.
Given how Apple shares have sailed into the stratosphere, supported by wildly successful product launches (thereby making lots of happy investors); the company is unlikely to hand out dividends for the foreseeable future.
Apple Inc.'s CEO Steve Jobs has received a salary of $1 per year since rejoining the company in 1997, a regulatory filing showed.
Apple's skipping the CES party but that does not stop it from creating waves, while competitors are launching tablets and phones, Apple has softly opened its much awaited Mac App Store.
Microsoft unveils new Surface 2.0, the thinner and better tabletop touch computer at CES. Is Touchscreen the new weapons of choice for tech rivals? Will Apple Inc retaliate?
BlackBerry-maker Research in Motion (RIM) is launching a 4G version of its popular PlayBook tablet this summer with wireless carrier Sprint Nextel. RIM is decidedly focused on taking the intriguing tablet war to the tent of Apple CEO Steve Jobs who had lampooned the RIM tablet earlier, saying it will be dead on arrival.