RSS Feed

Calendar

March 2024
M T W T F S S
« Feb    
 123
45678910
11121314151617
18192021222324
25262728293031

Search

Tag Cloud

Archives

Fortune (March 23)

2024/ 03/ 24 by jd in Global News

“Foreign businesses’ direct investment into China last year increased by the lowest amount since the early 1990s, underscoring Beijing’s challenges to spur its economy. It also has to contend with a steadily accelerating outflow of manufacturing as Apple and other American brands begin to position new capacity in countries from India to Southeast Asia to mitigate risks from US-China tensions.”

 

New York Times (September 7)

2023/ 09/ 08 by jd in Global News

“Shares in Apple, the world’s most valuable public company, continued to tumble on Thursday” amid reports of a China “ban on iPhones for government workers.” Apple looks poised “to lose $200 billion of market value, with shares falling about 6 percent over two days to roughly $175.” Ultimately, however, “the ripples will be felt more broadly: If one of the most successful operators in the world’s second-largest economy is at risk, can any Western company thrive there?”

 

The Week (October 8)

2022/ 10/ 09 by jd in Global News

“Alarm is rising over a global slowdown that’s testing even Apple’s invincibility… In September, Apple was so bullish about its sales projections for the new iPhone 14 that it told suppliers to bump production by roughly 7 percent.” Within just a few weeks, Apple backtracked. “If Apple is struggling to gauge consumer sentiment, that doesn’t bode well for other companies.

 

Financial Times (February 28)

2022/ 03/ 01 by jd in Global News

Norway’s $1.3 trillion sovereign wealth fund, the world’s largest, “is voting against Apple’s pay policies, including $99mn in salary and bonuses for chief executive Tim Cook, part of a growing shareholder backlash against remuneration at the tech giant.” The funds rationale includes the belief that “a substantial part of annual pay should be provided in shares that are locked in for five to 10 years.”

 

Financial Times (January 8)

2022/ 01/ 10 by jd in Global News

With a $3 trillion valuation, Apple “is worth more than the entire FTSE 100 index—highlighting the malaise of what was long one of the world’s leading stock markets.” In a decade and a half, the LSE’s “share of global equity values has fallen from 8.5 per cent to 3.6 per cent.”

 

Financial Times (December 23)

2021/ 12/ 24 by jd in Global News

In a “win for activists that signals trouble for other US companies,” the SEC “has rejected Apple’s petition to block three shareholder proposals from going to a vote at its next annual meeting…. Last month, the regulator changed its policies to make it harder for companies to win regulatory support to reject investor petitions.”

 

Reuters (December 13)

2021/ 12/ 14 by jd in Global News

Apple “rose about 11% last week, extending its more than 30% gain for the year as investors remain confident that flush consumers will continue to pay top dollar” for its products.” The company’s “market value hovered just shy of the $3 trillion mark on Monday, following a stunning run over the past decade that has turned it into the world’s most valuable company.”

 

Barron’s (August 19)

2020/ 08/ 20 by jd in Global News

“Apple is the first U.S. company to achieve a valuation of $2 trillion,” a valuation that Saudi Aramco has also achieved. There are three other “stocks with a valuation above $1 trillion.” Amazon.com and Microsoft are each about $1.6 trillion with Alphabet trailing at $1.0 trillion. “Facebook (FB) is the next-closest U.S. stock to the 13-digit level, with a valuation of $748.1 billion.”

 

Wall Street Journal (January 15)

2020/ 01/ 16 by jd in Global News

Encryption and security protections “have significant social and public benefits.” These are becoming “more important as individuals store and transmit more personal information on their phones—including bank accounts and health records—amid increasing cyber-espionage.” The U.S. Attorney General wants Apple to provide law enforcement with a backdoor. It won’t and it shouldn’t. “Any special key that Apple created for the U.S. government to unlock iPhones would also be exploitable by bad actors.”

 

New York Times (August 20)

2019/ 08/ 21 by jd in Global News

“Nearly 200 chief executives, including the leaders of Apple, Pepsi and Walmart, tried on Monday to redefine the role of business in society—and how companies are perceived by an increasingly skeptical public.” The new inclusiveness of multiple stakeholders sounds appealing. Still, “for companies to truly make good on their lofty promises, they will need Wall Street to embrace their idealism, too. Until investors start measuring companies by their social impact instead of their quarterly returns, systemic change may prove elusive.”

 

« Older Entries

[archive]