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After a complaint from a notable Apple investor that the company needs to share more of its cash pile with investors, the iPhone and Mac maker says it's "evaluating" its possibilities.

In a statement today, Apple said it's aware its cash has grown beyond what is needed to run day-to-day business -- hence its dividend and stock buyback plan -- but that it is still talking about other possibilities.

"Apple's management team and Board of Directors have been in active discussions about returning additional cash to shareholders," the company said this afternoon, just … Read more

In a recent meeting with employees at Apple's headquarters, CEO Tim Cook reportedly addressed the steep drop in the company's stock price that came after Apple posted $54.5 billion in sales last quarter and $13.1 billion in profit -- both records. As reported by 9to5 Mac, Cook took a shot at the highly lucrative oil industry in his cheerleading efforts. "The only companies that report better quarters pump oil," Cook reportedly said. "I do not know about you all, but I do not want to work for those companies."

Predictably, creating and … Read more

Shares of Apple continued to slide today, edging toward levels the stock hasn't touched since last January.

After opening down more than 10 percent this morning at $460.46 a share, the stock closed at $450.46, down $63.55, or 12.36 percent. It's the largest single-day percentage drop since 2008 for the company's shares, and follows yesterday's earnings report that missed Wall Street's expectations.

As mentioned in previous coverage, Wall Street is skittish about Apple's flat profits, as well as its guidance for the next quarter, which came in between $2.5 … Read more

Apple reports its first-quarter earnings this week, and the results could not be more closely watched for signs of the company's health and future.

The story is well-known by now. Shares of Apple's stock have been on the decline, going from $702 in late September to a close at an even $500 last week. That's a 28.4 percent drop in just over four months. Positive results -- and a look ahead when Apple puts out its numbers Wednesday -- could turn that trend.

Apple forecast $52 billion in revenue and earnings of $11.75 per share … Read more

Shares of Apple stayed down today following a drop that sent the stock down below $500 for the first time since February.

The stock ended the day at $501.75, down $18.55 or 3.57 percent.

The cause for the initial drop came from a pair of stories yesterday -- one from Japan's Nikkei and another later in the day from The Wall Street Journal -- claiming Apple cut its component orders for the iPhone by nearly half last month. The suggestion from both was that demand for Apple's iPhone 5 had declined, causing Apple to slow … Read more

Apple said today that it will announce its fiscal first-quarter financial results on January 23.

The quarter is typically Apple's strongest, fueled by strong sales of the company's products during the lucrative holiday shopping season.

When announcing its fourth-quarter results last October, Apple said it expected revenue of $52 billion and projected earnings of $11.75 per share for its first quarter of 2013. Wall Street's expecting Apple to beat that with $54.5 billion in revenue, on earnings of $13.32 per share.

Much of that tally is expected to be buoyed by sales of the … Read more

What will Apple do next? It's the very secret sauce that keeps the company interesting, along with some very successful products.

Here are five predictions for the next 12 months as Apple heads into one of its most closely watched years yet.

Editors' note: This is the first in a series of stories looking ahead at what's to come from a handful of major technology companies, and technology categories. In the coming days CNET will do the same for Google, Facebook, Microsoft, Amazon, and others.

1. Apple TV, take four Has there ever been an Apple product with… Read more

Even with Apple's top product arriving in more stores around the world, and its last products of the year shipping out, Wall Street's not so hot on the company today.

Shares of Apple closed at $509.79, down $19.90, or 3.76 percent, on Friday. That's near where the stock was trading in February, ahead of the journey that would take it beyond its high of $702 in September.

Of course everyone's looking for explanations behind the slump, a behavior that's become regular in the nearly three month span since the iPhone 5 went … Read more

Apple's iTunes, iCloud, and Maps chief, Eddy Cue, let go of a portion of company stock last Friday, a new filing shows.

According to a filing with the U.S. Securities and Exchange Commission this afternoon, Cue sold off 15,000 shares last week, worth just under $584 apiece on average.

The total sale was worth just less than $8.76 million.

Cue was promoted to senior vice president last September, a month after Tim Cook took the helm as CEO. As part of the promotion Cue oversaw iTunes, iCloud, iAd, and Apple's iBookstore. With an executive shuffle … Read more