So you know that, in response to the insistence from the media that Apple has lost its way, Tim Cook gave reasons why some portions of the company’s fiscal first quarter financials seemed underwhelming. When it comes to the iPhone, as a main example, one reason why “only” 51 million were sold is that the […]

As Apple’s stock price approached the highest levels in a year, you had to wonder what happened to the company many industry analysts thought to be beleaguered. Was Tim Cook replaced? Well, obviously not. Did Apple deliver a cheap iPhone? Another no. Was there a new Apple branded TV set with the “magic” interface predicted […]

So on the surface, Apple had a pretty decent quarter. iPhone sales were unexpectedly high, growing 26% over last year to set a new record for this time of year. In contrast, iPad sales grew just a tiny bit, and Mac sales continued to drop, though not quite as bad as some other PC makers. […]

So Apple’s stock price was boosted Thursday by the news that billionaire investor and firebrand Carl Icahn had boosted his holdings in the company by some 22%, and was pushing for a $150 billion stock buyback. Supposedly such a move, if it’s done as Icahn suggests, would boost Apple’s stock price to four-figure levels. Supposedly. […]