Apple CEO Tim Cook opens WWDC 2024 in Cupertino, California, on June 10, 2024. Source: Apple The topic of greatest interest to analysts on Apple’s quarterly earnings call on Thursday was a product that’s not even available to the general public yet. Apple Intelligence, the company’s forthcoming artificial intelligence system, could spur a fresh cycle...
Apple CEO Tim Cook attends the annual developer conference event at the company’s headquarters in Cupertino, California, U.S., June 10, 2024. Carlos Barria | Reuters Apple reported fiscal third-quarter earnings on Thursday that beat Wall Street expectations, with overall revenue rising 5%. Apple shares were flat in extended trading. Here’s how Apple did versus...
CEO salaries are growing at the biggest companies in the U.S., while employee wages simultaneously grow but at a slower rate. A Monday study created for the Associated Press by Equilar paints a broad picture of pay packages awarded to hundreds of CEOs last year. The study focused on S&P 500 companies, narrowing the list...
The phone lines were down at Berkshire Hathaway’s headquarters for a few days this week — so CEO Warren Buffett worked from his iPhone. “I don’t know how to do much with it, but I do know how to answer calls,” Buffett, 93, told The Omaha World-Herald on Wednesday. “I’m glad we didn’t sell all...
Apple started its Tuesday iPad event with an accomplishment related to another one of its product lines: The MacBook Air, which the company claimed was the world’s bestselling 13-inch and 15-inch laptop. When Apple began announcing the new iPad Air and Pro, it was easy to tell why the tech giant led with the MacBook...