Ben Reitzes News
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Apple Inc. sold $17 billion of bonds in the biggest corporate offering on record as the iPhone maker seeks to help finance a $100 billion capital reward for shareholders.
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A debt-free balance sheet with more cash than the combined funds of every AAA rated U.S. company failed to win Apple Inc. the bond market’s highest credit grade as the iPhone maker prepares to borrow to enrich shareholders.
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Apple Inc. is poised to boost its dividend by more than half, according to analysts surveyed by Bloomberg, providing investors hit by a share slump with one of the highest yields in the U.S. technology industry.
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Apple Inc. has hired Xerox Corp. Chief Financial Officer Luca Maestri as its corporate controller, a sign that the iPhone and iPad maker may be considering a succession plan for its own CFO.
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Apple Inc. Chief Executive Officer Tim Cook is feeling the heat.
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IPods, iPads and iPhones would have baffled the German social scientist Max Weber, who died in 1920. Yet the father of modern sociology would surely have understood something about the man behind those gadgets.
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Apple Inc. said advance sales of its iPhone 5 topped 2 million units in one day, more than double the record set by the previous model of the device.
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Apple Inc.’s profit margins are falling back to levels not seen since sales took off after the 2007 debut of the iPhone, as competition and lack of breakthrough products pressure the company to lower prices.
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Apple Inc. and AT&T Inc., which began taking preorders for a new version of the iPhone today, are struggling to handle demand at their retail and online outlets, according to customers and store representatives.
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Apple Inc. is preparing a new lineup of thinner MacBook laptops running on more powerful chips made by Intel Corp., people with knowledge of the plans said.
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