Everything financial
Not too long ago, Apple announced that they would be dishing out $2.65 per share to regular Apple stockholders, but even those within Apple that own restricted stock units will be getting a little something.
We've seen plenty of research showing just how profitable Apple is and how much market share they've claimed in the worlds of smartphones and PCs, but a new infographic really puts Apple's obscene cash flow into perspective.
Scott Forstall, Apple's high-profile Senior Vice President of iOS software, has sold off $38.7 million-worth of previously-restricted Apple stock according to recent security filings. Forstall had sold off about $33 million-worth of stock in March when the restriction first lifted, and the final sale here here leaves him with 5% of the 120,000 shares he was first given in 2008. Forstall still has another 100,000 restricted stock units that will be ready to sell in 2014 and another 150,000, half of which will vest in 2013 and the other in 2016.
This morning AT&T issued their Q1 2012 financial results, where they casually mentioned that of the 5.5 million smartphones sold, 4.3 million were iPhones (and 21% were new to AT&T).
Apple has announced that they'll be telling us precisely how insanely rich they are after new iPad sales on April 24, 2012. On the first weekend alone, Apple was able to sell three million new iPads, and one can only imagine how much that figure has ballooned since then, especially if the Q2 2012 results are taking into account the international releases that followed.
Tim Cook isn't the only one cashing in Apple stock these days; Senior VP of marketing, Phil Schiller, CFO Peter Openheimer, VP of hardware engineering Robert Mansfield, and VP of iOS software Scott Forstall recently had the restrictions on some of their stocks removed, resulting in a sizable sell-off between March 24 and March 26. Even Cook sold off a few more.
Apple lays out $45 billion, 3 year strategy to attract new investors and neutralize dilution
As expected, and hinted at by Apple CEO Tim Cook, Apple announced the start of a regular quarterly dividend this morning. They also announced intentions to buy back stock, although the dividend is the bigger news, and drew more questions from analysts on the call.
Asymco has compiled the profits, revenues, and unit shipments among all of the major manufacturers, and as you can see in this graph, Apple is still kicking everyone's behind when it comes to smartphone profit share.
Apple has just posted their annual Supplier Responsibility Progress Report. The report aims to help improve worker protections and factory conditions as well as show audit information for the year.
Mercedes-Benz is providing iPads to 40 lucky dealers across the country so that they gain access to the company's point-of-sale dealer system on the showroom floors.
"Mercedes-Benz Financial today announced
