The news comes after shares rose 2.9 percent to close at $207.39 in New York, propelling the consumer-technology giant’s market value to $1.002 trillion.
Hardware, News
Apple’s shares soar as iPhone X hits stores
Apple shares have hit record highs after the company reportedly posted 'better-than-expected' quarterly results and its highly anticipated iPhone X hit shelves.1 3267
Blackberry posts positive cash flow for the fiscal 2016 first quarter
BlackBerry Limited has recently reported its financial results for the three months ended May 30, 2015.
Twitter increases top-end share price to $25 as IBM alleges copyright violations
Twitter on Monday increased the price of shares in its initial public offering to a range of US$23 to $25 per share and also revealed that IBM has claimed the company has infringed on several patents.
Icahn criticises Dell for vote rule change on proposed deal
Icahn on Monday urged Dell’s board not to support the proposed shareholder vote change as it could disenfranchise voters.
Icahn in control after Dell ups offer to take company private
Michael Dell and Silver Lake’s decision to raise the offer to take Dell private is a concession that rival Carl Icahn and affiliate parties may have an upper hand in the wrangling to take over the company, observers of the deal said.
Icahn acquires larger stake in Dell, proposes new buy-out deal
Carl Icahn has acquired a larger stake in Dell and called for a better buy-out offer than the proposal of US$13.65 per share from Michael Dell and Silver Lake Partners.
Siemens looking to unload share in networking venture with Nokia, report says
Siemens has started talks with private-equity firms about the sale of its share in Nokia Siemens Networks, the Wall Street Journal reported on Friday.
We will fire back at Cisco, says Aruba CEO
Aruba Networks’ CEO, Dominic Orr, has promised to “fire back” at Cisco, after he attributed underhand tactics — in which …
Take Silver Lake’s money and run, Dell advises shareholders
Dell has written to shareholders they are better off accepting a bid from Michael Dell and Silver Lake to acquire …
Cisco cites data centre, wireless for quarterly revenue increase
Data centre and wireless sales led growth at Cisco Systems in its fiscal third quarter, as it saw customers spending …