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Tag: Tim Cook

Apple surges on optimistic outlook, record 0B stock buyback
Technology

Apple surges on optimistic outlook, record $110B stock buyback

May 5, 2024May 5, 2024

Shares of Apple rose 6% in prolonged commerce as the corporate posted better-than-expected quarterly outcomes on Thursday and unveiled a file share buyback program, igniting

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Apple reaches 0M settlement over Cook’s China sales remarks
Technology

Apple reaches $490M settlement over Cook’s China sales remarks

March 15, 2024March 15, 2024

Apple settled a class-action lawsuit that claimed CEO Tim Cook deceived shareholders by hiding shrinking demand for iPhones in China, agreeing to pay $490 million.

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