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Apple's stock is up nearly 6 percent in midday trading today, marking a minor recovery for the stock, which has declined more than 20 percent since reaching an all-time high in September.

Shares of Apple were at $557.99, up $30.31, or 5.74 percent, in trading on Monday, coming close to where the stock sat 12 days ago, but far from the high of $705.10 two months ago. The stock hit a nine-month low on Friday, before closing up later in the day.

The recovery comes amid reports that Apple's seeing strong sales of its … Read more

Recently-appointed Apple hardware chief Dan Riccio sold off nearly $11 million in company stock this week.

The sales, which took place yesterday and today and were detailed in a regulatory filing, included 19,726 shares, with another 1,000 that are given away as a charitable donation. All told, the value of the shares that were sold tallied up to a little more than $10.73 million.

To put things in perspective, Riccio along Craig Federighi, Apple's senior vice president of Mac Software Engineering, were given 75,000 shares of company stock as part of promotions in September, worth … Read more

Despite shoppers lining up around the world for Apple's freshly launched tablets, Wall Street appears to be unimpressed.

Shares of Apple's stock closed at $576.67, down $19.87, or 3.33 percent, on Friday, continuing a downward trend since late September.

The dip comes amid what appears to be brisk sales of the iPad Mini, though at a noticeably smaller scale than that of other major product launches. Analysts expect the company to sell anywhere from 800,000 to 1.5 million of the devices this weekend, which would be half the number of third-generation iPads Apple … Read more

Trading on Wall Street is closed until tomorrow in light of Hurricane Sandy, though a slew of new analyst notes offer a peek at how investors should view recently announced changes near the top of Apple's management.

The consensus: it's surprising that Apple's iOS chief Scott Forstall and retail chief John Browett are leaving the company, but a very good thing some of the key executives are still there.

CNET has collected some of the highlights from this morning's flurry of notes below.

Gene Munster of Piper Jaffray says the big takeaway is that design chief … Read more

Apple CEO Tim Cook said today that there's plenty of room for the Cupertino, Calif.-based company to grow in China.

"We continue to see it as an extremely exciting market," Cook said during a conference call with analysts held after Apple disclosed its most recent earnings.

Cook said that Apple's revenue in China over the last few months was $5.7 billion, the bulk of its overall Asia-Pacific revenue of $7.5 billion. Apple's total China revenue for the entire fiscal year ending last month was $23.8 billion, he said, now making up … Read more

Apple said today that it sold 26.9 million iPhones in the last three months, an increase of 58 percent from the same period last year and slightly more than analysts had expected.

The popular phone -- the iPhone 5 went on sale last month -- accounted for the largest category of Apple's hardware sales, up from 26 million sold in the previous quarter and 17 million sold during the same period last year.

By comparison, Apple said in this afternoon's earnings statement that it sold 4.9 million Macs, 5.3 million iPods, and 14 million iPads … Read more

Apple's knack for surprises held up in its quarterly earnings today.

The company narrowly beat expectations on revenue, but missed on profits.

Buoyed by sales of the iPhone and iPad, the company reported revenue of $36 billion and profits of $8.2 billion, or $8.67 per share, for the quarter ended September 29.

Wall Street expected Apple to report $35.80 billion in sales, with earnings per share of $8.75. Apple's own forecast for the quarter was $34 billion, with earnings per share of $7.65.

"We're very proud to end a fantastic fiscal … Read more

Apple may disappoint investors tomorrow with fiscal fourth-quarter results that show weaker sales of its key iPad and iPhone product lines.

Wall Street is expecting Apple to report $36.27 billion in sales, with earnings per share of $8.91. Apple's own forecast for the quarter is $34 billion, with earnings per share of $7.65. Much of that tally is expected to come from the iPhone and iPad, which together made up 72 percent of the company's revenue last quarter.

This is the first quarter to include sales of Apple's iPhone 5, but only a few … Read more

Call it an "acqui-hire."

Apple has snapped up Particle, a San Francisco-based creative consulting company that specializes in Web applications and marketing projects using HTML5, CNET has learned.

Particle was founded in early 2008 and has some celebrity financial backing. Pop star-turned-actor Justin Timberlake is an investor and helped fund short social video service Robo.to, which Particle created. Sources with knowledge of the deal did not know the selling price.

The company has done HTML5 work for Google, Motorola, Amazon, Yahoo, Sony, and Apple. The group has also created some "labs" projects including Intervue.me, … Read more