sec September 29
sec August 25
The email Apple CEO Tim Cook sent to CNBC analyst Jim Cramer, and which was read on the air, may have violated Securities and Exchange Commission regulations, according to lawyers speaking to MarketWatch. The regulations are designed to ensure that information that may impact a company’s share price is made available to the public in a fair and open way, rather than privately disclosed to particular individuals or entities.
Cook’s email revealed that the growth in iPhone activations “has actually accelerated over the past few weeks, and we have had the best performance of the year for the App Store in China during the last 2 weeks” – information that Apple had not previously disclosed … expand full story
sec April 17
We learned yesterday that the Los Angeles Unified School District may sue Apple for “millions of dollars” following the collapse of its plans to provide every student with an iPad. The mess eventually led to an FBI investigation and a federal review.
The latest development, as ever reported by the LA Times, says that the program is now the subject of a Securities and Exchange Commission inquiry into whether funds were misused in the $1.3B project … expand full story
sec March 31
Continuing its high-level executive hiring spree, Apple has recruited Dolby Executive Vice President Mike Rockwell to become an executive in its hardware division, 9to5Mac has learned. According to a source, Rockwell has likely been hired to bolster the audio and display performance of future Apple products, which could include anything from next-generation Apple monitors to professional audio/video editing tools to speakers. Rockwell’s LinkedIn profile confirms he joined Apple in February but does not specify his role.
sec November 6, 2014
sec June 6, 2014