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.
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.
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.
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.
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.