Last Week, Apple Reported Forth Quarter Results

CUPERTINO, California — November 1, 2018 — Apple today announced financial results for its fiscal 2018 fourth quarter ended September 29, 2018. The Company posted quarterly revenue of $62.9 billion, an increase of 20 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.91, up 41 percent. International sales accounted for 61 […]

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[Correction]: Elon Musk OUT as Tesla Chairman, remains as CEO and agrees to pay $20 Million to investors

(CNN): Elon Musk agreed Saturday to step down as chairman of Tesla and pay a $20 million fine in a deal to settle charges brought this week by the Securities and Exchange Commission. Under the settlement, which requires court approval, Musk will be allowed to say as CEO but must leave his role as chairman of […]

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Apple hits new all-time high, while other tech stocks tank (including Facebook)

Apple withstood the tech plunge Thursday, holding tight to its all-time highs even as Facebook drags the sector lower,” Sara Salinas reports for CNBC. “Shares of Apple were essentially flat in midday trading, down a fraction of 1 percent. Earlier in the day, the stock reached a new high of $195.96.” “Meanwhile, Facebook is on […]

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Sprint and T-Mobile to file Merger papers on Monday (6/18/18)

Sprint Corp and T-Mobile US Inc have informed the Federal Communications Commission that they will formally file an application asking for approval to merge on Monday, according to a document seen by Reuters.” “The document, which was filed to the FCC on Thursday, also requests a protective order that would shield sensitive corporate information from […]

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