Facebook Inc. Chief Executive Officer Mark Zuckerberg keeps telling investors he’s building a “mobile first” company. They finally got the message, sending the shares to the highest close since their debut trading day.
Apple Inc. fell in U.S. trading after profit missed analysts’ predictions for the first time in at least six years, evidence that customers delayed iPhone purchases before the release of the latest model.
The Japanese earthquake and tsunami will probably weigh on Apple Inc. ’s forecasts for third-quarter profit, sales and gross margin because of higher component prices and disrupted manufacturing, analysts said.
Apple Inc. Chief Executive Officer Tim Cook is betting that his company can keep cranking out best- selling gadgets even while paying a dividend, avoiding the fate of peers that return money to investors yet grow more slowly.