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Apple's Head Of Retail Is Out: What You Need To Know
Wednesday, February 6, 2019 - 1:16pm | 416Apple Inc. (NASDAQ: AAPL) said Tuesday afternoon Angela Ahrendts will resign from her role as head of retail after five years on the job. What Happened Deirdre O'Brien, Apple's current senior vice president of Retail + People, will assume Ahrendts' responsibility when she retires in...
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Virgin's Richard Branson Announces New iPhone-Exclusive Deal With Apple
Thursday, June 22, 2017 - 10:25am | 342Virgin Mobile USA, a subsidiary of Sprint Corp (NYSE: S), will offer iPhones exclusively under a plan in which customers will receive unlimited data for a year for $1 per month. Virgin Group founder Richard Branson announced the exclusive partnership between Virgin and Apple Inc. (NASDAQ: AAPL) on...
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9 Times Executives Were Poached
Saturday, September 3, 2016 - 10:49am | 537United Continental Holdings Inc (NYSE: UAL) has stepped in and snatched up former American Airlines Group Inc (NASDAQ: AAL) president Scott Kirby. Luring talent from the workforce of competitors is known as “poaching,” and it’s certainly nothing new on Wall Street, especially...
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Chowdhry: Strange Pump & Dump With Apple's Management
Wednesday, May 4, 2016 - 7:09am | 252Global Equities Research’s Trip Chowdhry mentioned that senior VP of retail and online stores at Apple Inc. (NASDAQ: AAPL) had dumped her shares in the company, while CEO Tim Cook was increasing his stake. On May 2, Angela Ahrendts sold off 75,000 Apple shares at a price of $93.74....
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Why Apple Could Layoff Between 25,000 And 30,000 Of 115,000 Employees By End Of Year
Tuesday, April 26, 2016 - 2:21pm | 332Apple Inc. (NASDAQ: AAPL) has recently been laying off around 100 contract and full-time recruiters, but Global Equities Research analyst Trip Chowdhry believes this is just the tip of the iceberg for Apple layoffs. Chowdhry estimates that Apple will cut between 25,000 and 30,000 of its 115,000...
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Trip Chowdhry Reiterates: Apple's CFO Has No Confidence
Friday, March 18, 2016 - 8:45am | 355Global Equities Research’s Trip Chowdhry mentioned that he has “zero confidence” in Apple Inc. (NASDAQ: AAPL), and recommended replacing the current CEO and CFO. CFO Sells Shares Apple's CFO Luca Maestri has been selling shares of the company and is left with only 421...
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Are Investors Suspicious Of Apple's Next Product Launch?
Sunday, March 13, 2016 - 3:32pm | 405Apple Inc. (NASDAQ: AAPL) will hold an event at its Cupertino headquarters March 21, according to an email sent to media sources Friday morning. In an unusual move, the company declined to invite investors to the event, which is expected to be an announcement of the fall Apple product line. Apple...
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'Bozo Culture At Apple' Author Responds To Reader Questions
Wednesday, January 6, 2016 - 10:43am | 544The guy who said Apple Inc. (NASDAQ: AAPL) needs a "No Bozo Policy" has responded to your questions. Global Equities Research's Trip Chowdhry released a note on Wednesday to help clear up a couple questions he has been asked about his report last weekend about the rise of "...
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Global Equities' Trip Chowdhry Blasts Apple Management: 'Tim Cook Has Zero Vision/Zero Passion,' Calls Board Callous & Says Co Needs A 'No Bozo Policy'
Sunday, January 3, 2016 - 11:26am | 348Trip Chowdhry of Global Equities Research pulls no punches in his latest Apple Inc. (NASDAQ: AAPL) commentary. In a recent note, Chowdhry called for the “completely clueless” Tim Cook to be replaced. He cited a culture of “bozos” at Apple destroying $486 billion in...
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Apple's Angela Ahrendts Is Nation's Best-Paid Female Executive
Tuesday, May 5, 2015 - 1:40pm | 274Apple Inc. (NASDAQ: AAPL)'s senior vice president of retail and online stores was the highest-paid female executive in the U.S. last year, according to a Bloomberg report. The 54-year-old executive, Angela Ahrendts, got paid $105.5 million in 2014, including a sign-on bonus and make-...
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Leaked Apple Video Shows Angela Ahrendts Updating Employees On Watch, MacBook
Wednesday, April 22, 2015 - 9:52am | 309Apple Inc. (NASDAQ: AAPL) Senior Vice President of Retail and Online Sales Angela Ahrendts can be seen in an apparently leaked video that is spreading across the Internet. First released by Mac4Ever, a French website, the video shows a lone Ahrendts speaking to employees from just outside the...
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Apple Watch Reportedly Delayed Until Spring 2015
Tuesday, November 4, 2014 - 1:07pm | 135According to Apple Inc.'s (NASDAQ: AAPL) Senior Vice President of Retail and Online Stores Angela Ahrendts, Apple's excited fanbase will need to wait a little bit longer to get their hands on an Apple Watch. 9to5mac reported that Apple will begin selling its much-anticipated watch in the spring, as...
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SLIDESHOW: iWatch Supplier, iPad Event And More From The Third Week Of October
Saturday, October 19, 2013 - 1:20pm | 212There were a number of notable headlines from Apple, (NASDAQ: AAPL), Google (NASDAQ: GOOG) and other industry players this week, but there weren't any really big announcements. As a result, consumers and investors alike turned their attention to the days ahead, such as the October 22 iPad event,...
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Burberry's Soft First Quarter May Indicate Retail Trouble Overseas
Wednesday, July 11, 2012 - 8:37am | 465London-based luxury retailer Burberry (LON: BRBY) felt the rain fall down on its infamous plaid printed umbrella this morning, as the company experienced a fairly soft first quarter, further proving that overseas economic troubles are well underway. Consumers are not as willing to spend on...