Along with revenue (up by 11%) and earnings (down year-over-year for the first time in ten years), Apple (NASDAQ: AAPL) also announced two other important things that should matter to investors: a dividend increase and expansion of its stock buyback program. The company will return a total of $100 billion to shareholders over the next three years. No minor thing.
The tech giant will raise its payout by 15% to more »
There are some reports out that suggest that the introduction of the Procter and Gamble (NYSE: PG) Tide Pods last year is actually reducing overall revenue for the laundry products market.
With a precise amount of detergent in each packet, that theory is plausible. Research indicated that many consumers used more product than needed with the old measuring system, so sales naturally would decline with a smaller amount consumed.
Low more »
Jan. 3, 2013 is the 36th anniversary of the official beginning of the world's most valuable company and manufacturer of some of the most innovative and best-selling products in history.
Say happy birthday to Apple (NASDAQ: AAPL). Although the IPO of the stock wasn't held for about another four years, the iconic tech giant was incorporated on Jan. 3, 1977.
Some things have changed since then.
For one more »
As part of the negotiations that allowed the debt ceiling to be raised and in the midst of the downgrading of the U.S. government's credit rating by Standard & Poors during the summer of 2011, Congress included a so-called sequestration in the Budget Control Act of 2011. This basically means that without intervention there will be across-the-board, automatic spending "reductions" beginning in early 2013 for both defense and social more »
I recently read three books, the biography of Steve Jobs by Walter Issacson, Insanely Simple: The Obsession That Drives Apple's Success by Ken Segall and inGenius by Tina Seelig, on the subjects of creativity, innovation and simplicity.
It got me thinking about how creative thinking and innovation correlates to business and the stock market. One of the questions I had was “does innovation really pay?”
What I found was more »