Yesterday

Gene Levoff, Apple’s former senior director of corporate law and corporate secretary for Apple, has been released on $500,000 bail bond after pleading not guilty to charges of insider trading.

Levoff is accused of using non-public information to trade in AAPL shares, seeing a net benefit of $382,000 from his inside knowledge …

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February 14

Warren Buffett’s Berkshire Hathaway has slightly reduced its stake in AAPL, new regulatory findings reveal. Buffett also exited a $2.13 billion stake in Oracle, and picked up new positions in software company Red Hat and Suncor Energy.

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Sylvania HomeKit Light Strip

February 13

A report by CNBC this morning says that Gene Levoff, former senior director of corporate law and corporate secretary for Apple, traded AAPL using nonpublic information.

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February 12

Apple CEO Tim Cook sat down for an interview with NPR on Monday and discussed the ongoing trade tensions between the US and China, while also addressing lowered iPhone prices across Greater China.

When asked about reducing iPhone prices in China to better reflect US pricing models, Cook replied with a simple “We’ll see how that works out for us”.

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February 8

It seems fair to say that since the release of iPhone 6, A-series processor updates have been more for future-proofing purposes rather than present necessity for the average user. As a result, biennial upgrades, let alone annual iPhone swaps, became increasingly rare — demonstrated by ever shrinking Apple Store lines proceeding a new launch. Now, the anecdotal findings are being corroborated by industry analyst Toni Sacconaghi from Bernstein, who says that the average iPhone upgrade time has increased to four years, up from three years in fiscal 2018.

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February 7

Deirdre O’Brien receives stock grants worth over $8M following expanded retail role

Following the expansion of her role to include retail, Deirdre O’Brien has been awarded two new sets of restricted stock grants from Apple. As detailed by Bloomberg, O’Brien’s new stock grants total around $8 million.

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