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Apple Launches $100Bn Buyback and Lifts Dividend
Apple launches $100bn buyback and lifts dividend https://www.ft.com/content/c0555be2-4d79-11e8-8a8e-22951a2d8493 Apple launched a $100bn share buyback plan and lifted its dividend by 16 per cent, marking the biggest increase yet in its capital returns to shareholders. Shares in the iPhone maker traded 3.5 per cent higher after hours on Tuesday as it reported a 30 per cent jump in earnings per share and announced the capital return. The world’s most valuable company issued a confident outlook for iPhone sales, despite concerns of a slowdown. “In all the largest markets, we are doing incredibly well. We feel very good,” said Luca Maestri, Apple’s chief financial officer, in an interview with the Financial Times. “We have gained market share around the world, both in the December quarter and in the March quarter.” Revenues for the three months to March grew 16 per cent year on year to $61.1bn, Apple said, broadly in line with Wall Street’s expectations. It sold 52.2m iPhones in the quarter, up 3 per cent on a year ago. Apple insisted that demand for the top-of-the-range iPhone X remained strong in key markets such as the US and China, and the device’s higher price helped to drive a 14 per cent increase in iPhone revenues overall. Net income was up 25 per cent to $13.8bn, with earnings per share of $2.75. “We’re thrilled to report our best March quarter ever, with strong revenue growth in iPhone, Services and Wearables,” said Tim Cook, Apple’s chief executive. -
Apple Reports Fourth Quarter Results Apple
25/10/2016 Apple Reports Fourth Quarter Results Apple PRESS RELEASE OCTOBER 25, 2016 Apple Reports Fourth Quarter Results Services Revenue Grows 24% to AllTime Quarterly Record of $6.3 Billion Cupertino, California — Apple today announced financial results for its fiscal 2016 fourth quarter ended September 24, 2016. The Company posted quarterly revenue of $46.9 billion and quarterly net income of $9 billion, or $1.67 per diluted share. These results compare to revenue of $51.5 billion and net income of $11.1 billion, or $1.96 per diluted share, in the yearago quarter. Gross margin was 38 percent compared to 39.9 percent in the yearago quarter. International sales accounted for 62 percent of the quarter’s revenue. “Our strong September quarter results cap a very successful fiscal 2016 for Apple,” said Tim Cook, Apple’s CEO. “We’re thrilled with the customer response to iPhone 7, iPhone 7 Plus and Apple Watch Series 2, as well as the incredible momentum of our Services business, where revenue grew 24 percent to set another alltime record.” “We are pleased to have generated $16.1 billion in operating cash flow, a new record for the September quarter,” said Luca Maestri, Apple’s CFO. “We also returned $9.3 billion to investors through dividends and share repurchases during http://www.apple.com/newsroom/2016/10/applereportsfourthquarterresults.html 1/5 25/10/2016 Apple Reports Fourth Quarter Results Apple the quarter and have now completed over $186 billion of our capital return program.” Apple is providing the following guidance for its fiscal 2017 first quarter: revenue between $76 billion and $78 billion gross margin between 38 percent and 38.5 percent operating expenses between $6.9 billion and $7 billion other income/(expense) of $400 million tax rate of 26 percent Apple’s board of directors has declared a cash dividend of $0.57 per share of the Company’s common stock. -
Apple Strategy Teardown
Apple Strategy Teardown The maverick of personal computing is looking for its next big thing in spaces like healthcare, AR, and autonomous cars, all while keeping its lead in consumer hardware. With an uphill battle in AI, slowing growth in smartphones, and its fingers in so many pies, can Apple reinvent itself for a third time? In many ways, Apple remains a company made in the image of Steve Jobs: iconoclastic and fiercely product focused. But today, Apple is at a crossroads. Under CEO Tim Cook, Apple’s ability to seize on emerging technology raises many new questions. Primarily, what’s next for Apple? Looking for the next wave, Apple is clearly expanding into augmented reality and wearables with the Apple Watch AirPods wireless headphones. Though delayed, Apple’s HomePod speaker system is poised to expand Siri’s footprint into the home and serve as a competitor to Amazon’s blockbuster Echo device and accompanying virtual assistant Alexa. But the next “big one” — a success and growth driver on the scale of the iPhone — has not yet been determined. Will it be augmented reality, healthcare, wearables? Or something else entirely? Apple is famously secretive, and a cloud of hearsay and gossip surrounds the company’s every move. Apple is believed to be working on augmented reality headsets, connected car software, transformative healthcare devices and apps, as well as smart home tech, and new machine learning applications. We dug through Apple’s trove of patents, acquisitions, earnings calls, recent product releases, and organizational structure for concrete hints at how the company will approach its next self-reinvention. -
2106 Nl June 5
VOLUME 32, NUMBER 6 MAIN LINE MACINTOSH USERS GROUP JUNE 2021 FOUNDED MAY 1989 SOME WEBSITES MEETINGS - SECOND Hackers Used to Be Humans. SATURDAY OF THE MONTH Soon, AIs Will Hack Humanity. An extremely insightful look by Bruce Schneier at AI and hacking. bit.ly/3ooy6hP. Here's What You Can Do FOCUS - THE NEW M1 iMAC A b o u t R a n s o m w a r e . Fascinating story about the Colonial Pipeline attack and the BACKUP STRATEGIES franchising operation of the PMUG's Robert Golding will take us through some of the basic backup Darkside malware. bit.ly/ strategies using Apple’s built-in Time Machine, Cloning using Carbon 3oqdKVD.. Copy Cloner and touch on the on-line backup options. He will Censorship, Surveillance and differentiate Time Machine and Cloning and discuss his backup system Profits: A Hard Bargain for - Time Machine, weekly clones to a Raid Mirror and monthly off-site Apple in China. A disturbing backups. This was been his strategy since 2004 when an “oops” on an read, at least for Chinese iPhoto backup caused some family strife. customers. nyti.ms/3vaN7q4. Robert Golding is a life-long Mercer County resident and majored in 96% of iOS 14.5 users are chemistry at Rider. There he first glimpsed analytical chemistry and the Mac. He joined opting out of ad tracking — Firmenich Inc. in 1998, and has held positions in product development, analytical research, how you can do it, too. Here’s and perfumery technical analysis. He is currently a Scientist in Perfumery Technical your chance, bit.ly/3432HIC. -
There's a New No. 1 in Town. Has Pushed Aside Jpmorgan Chase As
20120521-NEWS--0001-NAT-CCI-CN_-- 5/18/2012 7:46 PM Page 1 INSIDE Face it, says TOP STORIES Greg David: Facebook Council defies IPO reveals mayor, scares city’s flaws as business leaders ® a tech center. P. 11 STORY, P. 2; EDITORIAL, P. 10 VOL. XXVIII, NO. 21 WWW.CRAINSNEWYORK.COM MAY 21-27, 2012 PRICE: $3.00 Exhibitors Sorry, Jamie: fight Renegade CEO There’s a new Javits bucks Albany to save his hospital No. 1 in town. teardown PAGE 3 Why Charlie Rangel Group resists move to could lose his seat Aqueduct, but protest THE INSIDER, PAGE 8 letter to Cuomo goes Hopes rising along unanswered B’klyn waterfront in Sunset Park BY LISA FICKENSCHER NEIGHBORHOODS, PAGE 7 A powerful group of businesses in the trade-show industry has coalesced to fight Gov. Andrew Cuomo’s plan to tear down the Jacob K. Javits Conven- tion Center to ensure they have a voice in the final decision. has pushed aside After nearly six months of intense meetings and conference calls, senior executives of companies that produce the vast majority of the shows at the JPMorgan Chase as Javits Center took a bold public stand, sending a letter to the governor late last month stating their opposition to NY’s biggest public the demolition of the Far West Side BUSINESS LIVES facility.The letter was also distributed to some 600 officials, including state GOTHAM GIGS and city legislators. Matchmakers find their company, according See EXHIBITORS on Page 30 own chemistry P. 33 ● ANNE FISHER Tapping into human emotions pays dividends P. -
Apple Debuts Discount Watch, but No New Iphones ... Yet 15 September 2020, by Michael Liedtke
Apple debuts discount watch, but no new iPhones ... yet 15 September 2020, by Michael Liedtke its new iPhones at this time of year, but production problems caused by the pandemic have delayed their release until at least October. CEO Tim Cook didn't mention iPhones during Tuesday's one-hour presentation recorded at the company's massive, but now mostly empty, headquarters in Cupertino, California. The Apple Watch has never come close to rivaling the iPhone's popularity, but it does dominate the market for smartwatches. Canaccord Genuity analyst T. Michael Walkley estimates about 51 million Apple Watches will be sold this year, a 5% increase from last year. The research firm In this still image provided by Apple from the keynote GlobalData pegs Apple's share of the $64 billion video of a special event at Apple Park in Cupertino, smartwatch market at roughly 60%. Calif., Apple's Chief Operating Officer Jeff Williams unveils Apple Watch Series 6 on Tuesday, Sept. 15, The new discount model, called the Apple Watch 2020. Apple is introducing the cheaper version of its SE, will sell for $279 and be available beginning smart watch in its latest attempt to broaden the appeal of Friday. The price is a markdown from the $399 that its trend-setting products while more consumers are forced to scrimp during ongoing fallout from the Apple is asking for the next version of its higher end pandemic. (Apple via AP) watch, the Series 6. Apple watches have been selling for an average of $377, based on Walkley's calculations. -
Meditative Story Transcript – Angela Ahrendts Click Here to Listen to The
Meditative Story Transcript – Angela Ahrendts Click here to listen to the full Meditative Story episode with Angela Ahrendts. ANGELA AHRENDTS: I stand mesmerized seeing this eagle soar and dive, soar and dive. At this moment it’s the strangest thing, an inner peace takes over me with each breath. I feel this sudden clarity, this deep confidence. An idea quickly builds inside of me: I am not a tree; I am not supposed to stay permanently fixed and rooted where I am. My three babies will fly the nest. They’ll be gone. The eagle is my sign in my storm. I am supposed to fly. ROAHN GUNATILLAKE: Angela Ahrendts is best known in the business world where as CEO of Burberry she turned the company around, and then stepped out of the number one position to help Apple reinvent its famous retail store environment. But the Meditative Story she shares today couldn’t be further from the high-flying worlds of fashion and technology – it’s about finding sanctuaries that we can turn to for clarity when new direction and new possibilities show up in our lives. In this series, we combine immersive first-person stories and breathtaking music with the science-backed benefits of mindfulness practice. From WaitWhat and Thrive Global, this is Meditative Story. I’m Rohan, and I’ll be your guide. The body relaxed. The body breathing. Your senses open. Your mind open. Meeting the world. AHRENDTS: With a blanket tucked beneath my arm, I head out into the backyard, basking in the warm afternoon light. -
October 13, 2020
October 13, 2020 Robert A. Iger Executive Chairman and Chairman of the Board The Walt Disney Company 500 South Buena Vista Street Burbank, CA 91521 Bob Chapek Chief Executive Officer The Walt Disney Company 500 South Buena Vista Street Burbank, CA 91521 Dear Mr. Iger and Mr. Chapek: I write to express concern about The Walt Disney Company’s (Disney) recent decision to lay off 28,000 workers during an economic recession1 while reinstating pay rates for highly compensated senior executives.2 In the years leading up to this crisis, your company prioritized the enrichment of executives and stockholders through hefty compensation packages3, and billions of dollars’ worth of dividend payments4 and stock buybacks,5 all of which weakened Disney’s financial cushion and ability to retain and pay its front-line workers amid the pandemic. While I appreciate that your company has continued to provide health-care benefits to furloughed workers for the past six months,6 thousands of laid off employees will now have to worry about how to keep food on the table7 as executives begin receiving hefty paychecks again.8 I would like to know whether Disney’s financial decisions have impacted the company’s 1 Disney Parks, Experiences and Products, “Statement from Josh D’Amaro, Chairman, Disney Parks, Experiences and Products (DPEP),” September 29, 2020, https://dpep.disney.com/update/. 2 Deadline, “Disney & Fox Corporation End Temporary Executive Pay Cuts Related To COVID-19 Pandemic,” Nellie Andreeva and Dominic Patten, August 20, 2020, https://deadline.com/2020/08/disney-fox-coronavirus-pay- reductions-restored-1203018873/. -
Mac Sales up Despite Declining PC Market As Ipad Sales Hit Four-Year Low by Collen Kriel | Jul 22, 2015 | 0 Comments
Mac sales up despite declining PC market as iPad sales hit four-year low by Collen Kriel | Jul 22, 2015 | 0 comments Apple’s third-quarter earnings report, released on Tuesday, shows the company sold 4.8 million Macs –up 9 percent from the year-ago quarter and up 5 percent from the second quarter, setting a new third quarter record. These results are notable when taking into account that, according to research firm International Data Corporation (IDC), the overall PC market has contracted by 12 percent compared to the same period last year. Third quarter Mac sales were likely impacted positively by Apple’s new Retina MacBook, updated 15-inch MacBook Pros and 27-inch iMacs. Roman Foeckl, CEO of CoSoSys Ltd., a provider of enterprise security solutions for Apple devices, sees Apple’s Q3 Mac sales as proof of the growth potential of Mac computers in the home and enterprise. Speaking about enterprise demand in an email statement, Foeckl said, “The strong growth of Macs we see in this quarter’s announcement is driven by the increased adoption of Macs by businesses and large enterprises, even one-time rivals, such as IBM.” Foeckl is of course referring to IBM’s announcement in May that it would give employees a choice between a PC or Mac computer . “Since many IBM employees are already using an iOS device, and probably using a Mac in their home,” continues Foeckl “it’s not unrealistic to think that over the next 12 to 18 months, about a quarter of the company’s employee computers get replaced by Macs. -
Annual Report 2013
1 1 ANNUAL REPORT 2013 Cover Contents Partnership Strategic Plan Craftsmanship Stewardship Friendship Financials Lists Support Info 2 CONTENTS 2 3 Partnership 4 Letter from the Chairman of the Board of Trustees and the Conservancy President 5 Letter from the Mayor and the Parks Commissioner 6 Tribute to Mayor Michael R. Bloomberg 7 The Strategic Plan 10 Current Restoration Projects 10 The Woodlands Initiative 12 Grand Army Plaza 13 Reservoir Running Track 14 Central Play 16 Craftsmanship 17 Central Play 20 Rhododendron Mile East 21 Stewardship 22 Operations 22 Hurricane Sandy Cleanup 24 The New Waste Management System 25 Hallett Zone Gardener 26 Central Park Conservancy Institute for Urban Parks 26 Park-to-Park Training 27 Woodlands Discovery Program 29 Visitor Experience 29 Discovery Guides 30 Central Park Circuit 31 Harlem Meer Performance Festival 32 The Conservancy Volunteer Program 33 Friendship 37 Financials 52 Lists 109 Ways to Help the Park 111 Info 111 Conservancy Mission, Guiding Principle, and Core Values 112 Credits Fabian Vasquez, Tree Crew Cover: Bethesda Terrace and the Lake Cover Contents Partnership Strategic Plan Craftsmanship Stewardship Friendship Financials Lists Support Info 3 3 Partnership Cover Contents Partnership Strategic Plan Craftsmanship Stewardship Friendship Financials Lists Support Info PARTNERSHIP 4 Partnership: Central Park Conservancy This has been an extraordinary year for Central Park and its We also highlight this year’s innovative programs of the Central present and future visitors. The Conservancy was honored to Park Conservancy Institute for Urban Parks, which focus on accept the largest gift ever made to any public park, and one developing new educational experiences for our 40 million annual of the largest to be made to a New York City cultural institution. -
Upholding the Disney Utopia Through American Tragedy: a Study of the Walt Disney Company’S Responses to Pearl Harbor and 9/11
Upholding the Disney Utopia Through American Tragedy: A Study of The Walt Disney Company's Responses to Pearl Harbor and 9/11 Lindsay Goddard Senior Thesis presented to the faculty of the American Studies Department at the University of California, Davis March 2021 Abstract Since its founding in October 1923, The Walt Disney Company has en- dured as an influential preserver of fantasy, traditional American values, and folklore. As a company created to entertain the masses, its films often provide a sense of escapism as well as feelings of nostalgia. The company preserves these sentiments by \Disneyfying" danger in its media to shield viewers from harsh realities. Disneyfication is also utilized in the company's responses to cultural shocks and tragedies as it must carefully navigate maintaining its family-friendly reputation, utopian ideals, and financial interests. This paper addresses The Walt Disney Company's responses to two attacks on US soil: the bombing of Pearl Harbor in 1941 and the attacks on September 11, 200l and examines the similarities and differences between the two. By utilizing interviews from Disney employees, animated film shorts, historical accounts, insignia, government documents, and newspaper articles, this paper analyzes the continuity of Disney's methods of dealing with tragedy by controlling the narrative through Disneyfication, employing patriotic rhetoric, and reiterat- ing the original values that form Disney's utopian image. Disney's respon- siveness to changing social and political climates and use of varying mediums in its reactions to harsh realities contributes to the company's enduring rep- utation and presence in American culture. 1 Introduction A young Walt Disney craftily grabbed some shoe polish and cardboard, donned his father's coat, applied black crepe hair to his chin, and went about his day to his fifth-grade class. -
Apple Kicks Off Event; $1,000 Iphone Is Expected 12 September 2017, by Michael Liedtke and Barbara Ortutay
Apple kicks off event; $1,000 iPhone is expected 12 September 2017, by Michael Liedtke And Barbara Ortutay on him with joy instead of sadness." The souped-up "anniversary" iPhone, which would come a decade after Jobs unveiled the first version, could also cost twice what the original iPhone did. It would set a new price threshold for any smartphone intended to appeal to a mass market. WHAT A THOUSAND BUCKS WILL BUY Apple CEO Tim Cook kicks off the event for a new product announcement at the Steve Jobs Theater on the new Apple campus on Tuesday, Sept. 12, 2017, in Cupertino, Calif. (AP Photo/Marcio Jose Sanchez) Apple has kicked off a September product event at which it is expected to unveil a dramatically redesigned iPhone that could cost $1,000. With a photo of former Apple co-founder and CEO Steve It's the first product event Apple is holding at its Jobs projected in the background, Apple CEO Tim Cook new spaceship-like headquarters in Cupertino, kicks off the event for a new product announcement at California. Before getting to the new iPhone, the the Steve Jobs Theater on the new Apple campus, company unveiled a new Apple Watch model with Tuesday, Sept. 12, 2017, in Cupertino, Calif. (AP cellular service and an updated version of its Apple Photo/Marcio Jose Sanchez) TV streaming device. The event opened in a darkened auditorium, with only the audience's phones gleaming like stars, Various leaks have indicated the new phone will along with a message that said "Welcome to Steve feature a sharper display, a so-called OLED screen Jobs Theater." A voiceover from Jobs, Apple's co- that will extend from edge to edge of the device, founder who died in 2011, opened the event before thus eliminating the exterior gap, or "bezel," that CEO Tim Cook took stage.