Apple’s insider-trading policy enforcer accused of insider trading – Ars Technica

The Securities and Exchange Commission has brought suit against Gene Daniel Levoff, who was Apple’s senior director of corporate law until September 2018. Levoff is accused of using his position to make illegal trades of Apple shares. Levoff was part of Apple’s Disclosure Committee—one of the people who could review the company’s quarterly financial reports…

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This Apple Prediction From Tim Cook May Never Come True – Motley Fool

“China is currently our second largest market. I believe it will become our first,” Apple (NASDAQ:AAPL) CEO Tim Cook said back in 2013. “I believe strongly that it will.” Cook reiterated that sentiment in late 2015, saying, “Our view is that China will be Apple’s top market in the world — and not just for sales.” The…

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Apple revenue should continue to shrink, so why is the stock up? – MarketWatch

Apple Inc. posted a sharp decline in revenue for its holiday quarter. That wasn’t a surprise. What follows might be. The company issued a weaker-than-expected sales forecast for the current quarter, suggesting that the slowdown in iPhone sales might lead to meaningful revenue declines moving forward as well. Analysts already expected small revenue declines for…

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Tim Cook defends Apple taking billions from Google after his blistering attack on data-hoarding tech firms

Tim Cook has defended taking billions of dollars from Google amid concerns that the partnership undermines Apple’s no-nonsense approach to privacy. Google pays Apple more than $9 billion a year to be the default search engine on the iPhone, according to a Goldman Sachs estimate seen by Business Insider. But Google has been blighted by…

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Why You Should Buy Apple After Its Earnings Sell-Off

Investors weren’t too impressed with Apple’s (NASDAQ:AAPL) fiscal fourth-quarter earnings release earlier this month, largely because the company’s guidance fell short of what the Street was modeling for. The added uncertainty around changes to financial reporting probably didn’t help much either, as shareholders prepare to lose insight into iPhone, iPad, and Mac unit volumes. Prominent…

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Apple, bellwether for technology stocks across Wall Street, falls into bear market territory

Shares of Apple, a bellwether for the technology sector, dipped into a bear market on Wednesday as the decline from its recent all-time high briefly totaled more than 20 percent. Apple, which fell more than 2.5 percent Wednesday, closed at $186.80 per share. The shares finished 19.99 percent off their record high of $233.47, clinched…

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Apple CEO Condemns ‘Data-Industrial Complex’

BRUSSELS—Apple Inc. Chief Executive Tim Cook issued the tech giant’s strongest call yet for U.S.-wide data-protection regulation, saying individuals’ personal information has been “weaponized.” Mr. Cook’s call came in a sharply worded speech before a privacy conference organized by the European Union, which in May enacted the General Data Protection Regulation in a bid to…

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