TIM COOK

Shares of a handful of large tech companies including Apple Inc, Oracle Corp and eBay Inc are likely to increase by more than 20 percent over the next year, according to Barron's.

Shares of a handful of large tech companies including Apple Inc, Oracle Corp and eBay Inc are likely to increase by more than 20 percent over the next year, according to Barron's.

Apple held an employee-only memorial service for Steve Jobs on Wednesday at its Californian headquarters. On Wednesday, at Infinite Loop in Cupertino campus, California, Apple employees gathered for the memorial service for the company's late co-founder Steve Jobs. In the Apple website, a photo of CEO Tim Cook speaking to Apple employees was posted without providing further details.

Apple stores around the country closed their doors on Wednesday to allow employees to watch a live webcast of the employee-only service for Steve Jobs that took place at the company's Cupertino headquarters. Hundreds of employees converged on the campus in Northern California Wednesday morning, crowding into the outdoor amphitheater where the likes of former Vice President Al Gore, Coldplay, and Norah Jones paid tribute to Jobs.

Steve Jobs called Tim Cook to discuss Apple's next product the day before his death, according to Masayoshi Son, CEO of Softbank, who was meeting with Cook at the time.

Last week we got a report that late Apple co-founder and long-time CEO was at work on the iPhone 5 project until his death as his last big innovation. Now comes a report that Jobs was working on the company's next project, which may have been the iPhone 5, until the day before he died.

Apple shares lost 5.6 percent of their value Wednesday after narrowly missing analyst estimates for fourth quarter earnings.

Apple Inc closed its stores across the United States on Wednesday for several hours to commemorate co-founder Steve Jobs, who died two weeks ago.

Now that Apple has launched its iPhone 4S to record sales, the focus is shifting toward the company's next release -- the iPad 3.

In the recent quarter, Wall Street analysts estimated Apple to sell 20 million or more iPhones. On Tuesday, Apple only counted 17 million sold by the end of the quarter.

Apple Inc closed its stores across the United States on Wednesday for several hours to commemorate co-founder Steve Jobs, who died on October 5.

Apple Inc shares fell more than 5 percent on Wednesday, the first trading session after a rare quarterly earnings miss, but analysts said the drop presented a buying opportunity for investors.

Apple Inc shares were down about 5 percent in premarket trading on Wednesday, the first day after a rare quarterly earnings miss, but analysts called the results a blip and said it presented a buying opportunity.

Apple shares opened down about 4.3 percent after the world’s most valuable company reported fourth-quarter results that narrowly missed analyst estimates.

Apple Inc stunned Wall Street with quarterly results that missed expectations for the first time in years as customers held off buying iPhones until the October launch of the latest version.

Apple Inc stunned Wall Street by reporting results that missed expectations for the first time in years, blaming rumors of the new iPhone for hurting demand in the September quarter.

Apple Inc reported a rare miss in quarterly results after sales of its flagship iPhone fell well short of Wall Street expectations, hammering its shares.

Apple Inc reported a rare miss in quarterly results after sales of its flagship iPhone fell well short of Wall Street expectations, hammering its shares.

Apple Inc plans to shutter U.S. retail stores for several hours on Wednesday so employees can take part in a company-wide celebration of co-founder Steve Jobs' life, a person familiar with the celebration said.

Apple plans to close down U.S. retail stores for several hours on Wednesday so employees can take part in a company-wide celebration of co-founder Steve Jobs' life.

Apple reported full-year revenue of $108 billion, firmly establishing it as one of the world’s top technology companies. Fourth-quarter earnings of $6.2 billion exceeded analyst estimates, but revenue of $28.3 billion fell slightly shy of them.