Innovators

Top U.S. Hedge Funds Continued to Dump Apple Amid Rally

Top U.S. hedge fund management firms, including Leon Cooperman's Omega Advisors and Philippe Laffont's Coatue Management, continued to reduce or slash stakes altogether in Apple Inc during the first quarter, as shares of the iPhone maker rallied.

Apple’s Profits, Sales Top Estimates

The tech giant reported its fiscal fourth-quarter adjusted earnings per share of $1.96, beating expectations of $1.88. Revenue of $51.50 billion surpassed views for $51.11 billion. 

Apple Refreshes Watches, Unveils New iPads

Apple on Wednesday unveiled a range of new hardware and software offerings, including a larger-screen iPad, at a highly-anticipated event in San Francisco.

Is the Market Going Sour on Apple?

A downgrade by one of the banks on the Street could complicate matters for Apple. So what can be done for this tech giant to shine once again?

Report: Apple Releasing Larger iPhones

Apple is reportedly releasing two different-sized phones this year, according to a report from Bloomberg. Both will be larger than the current iPhone’s 4-inch display, with the new phones available in 4.7 inch and 5.5 inch sizes.  

Amazon.com Unveils 3D Phone

Amazon.com CEO Jeff Bezos took the wraps off the online retail giant's foray into the smartphone arena Wednesday. A Look at Amazon’s New Smartphone

Starbucks Introducing Powermat Charging Tables

Starbucks will be making it easier for customers to charge their smartphones and tablets, announcing a national rollout of Duracell Powermat charging pads at its coffeehouses.

Microsoft Shares Jump on Fiscal 1Q Beat

The tech titan reported adjusted fiscal first-quarter profits per share of 67 cents, topping expectations for 59 cents. Revenue came in at $21.7 billion, also beating forecasts for $21.02 billion.