Amazon may be garnering many of the headlines, as the Seattle-based e-commerce and tech giant continues the process of picking a location for its second corporate headquarters, which has been dubbed HQ2.But it isn't the only tech sector behemoth looking for a new location. Apple, too, is on the hunt for a new campus that will employ thousands of workers. And North Carolina might have the inside track to the facility.According to a report from CNBC on Wednesday, Apple is vetting the Tar Heel State as a site for a new campus in the state's Research Triangle region that will house technical support staff at first, and possibly expand with other operations. Apple Chief Executive Tim Cook is said to have held some meetings with North Carolina Gov. Roy Cooper last weekend about the possibility of Apple bringing its new campus to the state. Cooper has reportedly been negotiating an incentive package to entice Apple, but such a package is said to still need approval from the North Carolina … [Read more...] about Could North Carolina be site of new Apple campus?
Apple 350 billion
Alistair Barr, Bloomberg 4:00 am, Tuesday, May 15, 2018 Apple Inc. Chief Executive Officer Tim Cook said he criticized Donald Trump’s approach to trade with China in a recent White House meeting, while urging the president to address the legal status of immigrants known as Dreamers. In an interview on Bloomberg Television, Cook said his message to Trump focused on the importance of trade and how cooperation between two countries can boost the economy more than nations acting alone. Lawsuit targets newer Apple notebook keyboards Cook met with Trump in the Oval Office in late April amid a brewing trade war between the U.S. and China. The Trump administration instituted 25 percent tariffs on at least $50 billion worth of products from China, sparking retaliation. In the interview on “The David Rubenstein Show: Peer-to-Peer Conversations,” Cook acknowledged that previous trade policies were flawed but said Trump’s move is also problematic. Recommended … [Read more...] about Apple CEO says he told Trump that tariffs are wrong approach to China
It's hard to think of a bigger corporate cash-machine on the planet than Apple, which has reported another earth-shaking $100 billion in stock buybacks for its shareholders.Like a bottomless ATM, the Cupertino, Calif., tech giant has delivered $275.2 billion to its shareholders in dividends and stock repurchases over the past 6½ years as the iPhone has become the dominant mobile communications device in the world.The company spent $22.8 billion buying back its shares in just the first three months of 2018, a record for a U.S. company. Apple is responsible for nine of the 20 largest quarterly stock buybacks in S&P history.Thought of another way, the $22.8 billion Apple spent on its first quarter stock buyback is enough buy any of 275 companies in the Standard & Poor's 500-stock index.Not only that, but Apple on Tuesday's earnings call announced plans to buy back another $100 billion in stock into the future, although it did not set a specific time frame.Apple also said it … [Read more...] about Apple’s recent stock buyback is more valuable than 275 companies in the S&P 500
Democracy Dies in Darkness Sections Home Try 1 month for $1 Username Sign In Account Profile Newsletters & Alerts Gift Subscriptions Contact Us Help Desk Subscribe Account Profile Newsletters & Alerts Gift Subscriptions Contact Us Help Desk Accessibility for screenreader Get There by Thomas Heath by Thomas Heath Email the author May 3 Email the author Apple has delivered $275.2 billion to its shareholders in dividends and stock repurchases over the past 6 and 1/2 years as the iPhone has become the dominant mobile communications device in the world. (Justin Sullivan/Getty Images) It’s hard to think of a bigger corporate cash-machine on the planet than Apple, which has reported another earth-shaking $100 billion in stock buybacks for its shareholders. Like a bottomless ATM, the Cupertino, Calif., tech giant has delivered $275.2 billion to its shareholders in dividends and stock repurchases … [Read more...] about How rich is Apple? Its recent stock buyback is more valuable than 275 companies in the S&P 500
By Brittany De Lea Published April 25, 2018 Technology FOXBusiness Facebook Twitter Comments Print President Donald Trump will meet with Apple CEO Tim Cook at the White House on Wednesday, as the tech company stands to be affected by deteriorating relations between the U.S. and China. The contents of the meeting have not been publicly disclosed and it is expected to be closed to the press, but the president said on Twitter Wednesday that trade would be among the topics of discussion. Continue Reading Below Apple did not immediately return FOX Business’ request for comment. The meeting comes as tensions with China remain high amid a tit-for-tat conflict over tariffs and trade policy. Apple manufactures many of its products in China, which is also a big market for the iPhone maker. Sales in the country, however, have slowed throughout the company’s most recent fiscal years, which has caused some long-term revenue concerns among investors. … [Read more...] about Apple CEO Tim Cook meets Trump at White House amid trade conflict with China