December 8, 2012 |
NEW YORK - Apple spoiled the stock market's party on Friday. Stocks shot higher in the early morning, after the government reported that the United States added jobs in November. But Apple Inc., which has been flailing in recent weeks as investors wonder how long its momentum can continue, dragged down certain indexes. The Dow Jones industrial average, which doesn't include Apple, rose 81.09, or 0.6 percent, to close at 13,155.13. The Standard & Poor's 500 and Nasdaq, which do, were less impressive.
August 10, 2011 |
NEW YORK - Apple briefly surpassed Exxon Mobil yesterday as the nation's most valuable company. The iPhone and iPad maker had the lead for much of the afternoon before its stock closed just behind Exxon's. The two companies are so close that Apple is likely to keep the top spot soon. Apple Inc.'s stock gained 5.9 percent to $374.01 yesterday, bringing its market capitalization to about $347 billion. Exxon Mobil Corp.'s stock, meanwhile, closed up 2.1 percent at $71.64.
April 8, 1993 |
Computerware Inc. has been chosen by Apple's education division as its exclusive sales organization for all Pennsylvania, New Jersey and Delaware school districts. "Our education team worked long and intense hours to deliver the best proposal to Apple," said John Kovalcik, president of Computerware, noting that there was heavy competition. As Apple's representative in the area, Computerware will offer consulting and technology planning services, as well as increased support, service and configuration options, to education customers.
August 5, 1987 |
Q. I baked blueberry muffins with Jiffy Muffin Mix and they were good, but on the box it says "imitation blueberries. " What in the world are imitation blueberries? Mary Solek Tuckerton, N.J. A. Ruth Stone of the Chelsea Milling Company's customer relations department tells us that the blueberries in the mix are actually little bits of apples which are flavored and colored to look and taste like blueberries. Why does Jiffy do this? Two reasons are given. "An apple," says Stone, "is a very nutritious and healthful food, and we chose that from which to make our blueberries for that reason.
April 2, 2013
BEIJING - Apple issued an apology to Chinese consumers Monday after government media attacked its repair policies for two weeks in a campaign that reeked of economic nationalism. A statement Apple posted in Chinese on its website Monday said the complaints had prompted "deep reflection" and convinced the company of the need to revamp its repair policies, boost communication with Chinese consumers and strengthen oversight of authorized resellers. The ruling party's flagship newspaper, People's Daily , had accused Apple of arrogance, greed and exploiting the Chinese consumer.
February 14, 2012 |
NEW YORK - Apple said Monday that an independent group, the Fair Labor Association, had started inspecting working conditions in the Chinese factories where its iPads and iPhones are assembled. Amid growing criticism over labor and environmental practices - especially in China - Apple last month for the first time disclosed a list of suppliers for its gadgets. The Fair Labor team began the inspections Monday at Foxconn City in Shenzhen, China, Apple said. The complex employs and houses hundreds of thousands of workers.
September 7, 2012 |
Apple Inc. and the FBI denied claims by hackers who said they stole information on 12 million Apple Inc. user accounts from an FBI computer. Many of the hackers' claims were posted this week in a long, online missive from the group calling itself Anonymous. The FBI said in a statement Tuesday that there was "no evidence indicating that an FBI laptop was compromised or that the FBI either sought or obtained this data. " Apple said it did not provide any user information to the FBI or other organizations.
October 22, 1988 |
On a ridge above the Delaware River in northern Bucks County, an orchard's first Winesaps of the season were picked this week. The hillside apple orchard has already produced its Macouns and Empires and Jonathans, more than 20 kinds so far this year. Only two more tastes of autumn remain, still ripening, up there above the river. And by the middle of November, even the still-untouched trees, the ones heavy with Romes and Granny Smiths, will have been stripped. "We're very late this year . . . maybe 15 days later than last year," said William Erkes, walking along that ridge line one afternoon this week.
April 18, 1997 |
When Fiona Apple finished singing the aptly titled "Sullen Girl" Wednesday at the Theatre of Living Arts, she turned her attention, somewhat reluctantly, to the capacity crowd. "OhmyGod, "Ohmigod, I don't know what to say," she gushed, seeming genuinely flustered. "I don't know if you know, but tonight is the last night of this tour. It's my first tour as a headliner, and I just want to be straight with you, I'm kind of freaking out. I've really not been handling it that well. I used to freak out before, but I was by myself.
January 25, 2013 |
NEW YORK - Apple's profit surge halted in the latest quarter, as a flood of new products, such as the iPhone 5, meant high start-up costs for new production lines. Apple posted net income for the October to December quarter that was flat with the year before. It was the first time in years that Apple didn't post a double-digit earnings increase. The earnings report also made clear that Apple was no longer able to sustain the breakneck sales increases of the last three years, even with a fresh iPhone on store shelves.