Apple this past Friday opened up its largest retail store to date, located in the always bustling Grand Central Station in New York City. As Apple’s retail plans continue to expand, they are somewhat juxtaposed by the departure of Ron Johnson, Apple’s retail guru who helped develop, guide, and expand Apple’s unparallelled dive into the […]
Continue reading...Friday, March 26, 2010
Comments Off on Apple executives cash in on stock options as Apple share price hits all-time high
With Apple’s stock price currently trading at all-time highs, two of Apple’s senior executives thought it’d be a good time to cash in their stock options while the gettins’ good. Writing for BrainstormTech, Philip Elmer-DeWitt reports that Apple COO Tim Cook recently sold 300,000 shares of Apple stock at prices ranging from $226.9 to $230.7. […]
Continue reading...Tuesday, September 8, 2009
Comments Off on Apple exec puts rumors of cable-like Apple TV to rest, ups target for Apple Stock to $200
The New York based Investment bank Caris & Company recently met with Apple CFO Peter Oppenheimer and came away with some interesting nuggets of info. In a note to investors, Caris & Company analyst Robert Cihra discussed the potential for Apple to add some cable-like features to the Apple TV: While some have wondered whether Apple […]
Continue reading...Monday, May 11, 2009
As Apple’s stock price continues its slow and steady ascension to the $130 range, it received a small bump today in the form of 2 analyst upgrades. Following a trip to Cupertino and a visit with Apple CFO Peter Oppenheimer, Kaufman Brothers analyst Shaw Wu increased his target price on Apple to $160, up from a previous […]
Continue reading...Wednesday, January 21, 2009
Apple today released its earnings for its last fiscal quarter, and investors have a lot to cheer about. Apple completely surpassed Wall St. expectations and reported record revenue of $10.17 billion and earnings per share of $1.78. Net profits for the quarter came in at $1.61 billion, another record for Apple. The general consensus among analysts was that […]
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Monday, December 12, 2011
Comments Off on Apple CFO Peter Oppenheimer in charge of Apple retail until successor to Ron Johnson is found