Finance

AAPL splits 7 to 1

As promised during Apple's most recent earnings call, the Cupertino, California headquartered consumer electronics powerhouse is set to open on Monday at $92.22 a share as the company puts forth its plan to split stock, its fourth stock split to date.

All common stock owners will receive six additional shares for each share in existence. As a result, the value of each individual share will drop accordingly, but the value of their total holdings will not. Read on for the full reveal...

The best expense tracking apps for iPhone

When you are self-employed, run your own business, or get sent out of town for work, keeping track of what you spend is very important. If you don’t report how much money you spent on a cup of coffee to keep you awake during that presentation, you won’t be reimbursed for it later.

Whether you file a 1099 each year, are a member of the Frequent Flier Club, or only travel once or twice per year, we’ve got a list of the best expense tracking apps for iPhone that are perfect for work-related travel and business-related finance...

Strong demand for Apple products boosts Foxconn and Pegatron’s earnings

Demand for Apple's latest products is as strong as ever, it would seem. After reporting sales of 51 million iPhones and 26 million iPads during the lucrative holiday quarter, as a result Apple's key contract manufacturers - Foxconn and Pegatron - are seeing a nice rise in their earnings, too.

Pegatron, the primary manufacturer of the iPhone 5c and iPad mini, last week reported a cool 22 percent annual rise in earnings attributed to strong demand for mobile products. Apple is responsible for as much as 40 percent of Pegatron's business so the manufacturer's fortunes are closely tied to the iPhone maker's.

As for Foxconn, they reported a 13 percent rise in net profit today. Foxconn is the world's top contract manufacturer and Apple's lead supplier...

As institutional investors side with Apple, Carl Icahn withdraws his buyback proposal

Controversial activist investor Carl Icahn continues to aggressively purchase shares of Apple while insisting that the company increase the size of its share buyback program. His proposal for a $50 billion buyback has been met with resistance by proxy advisory firm Institutional Shareholder Services (ISS) which now recommends voting against the plan.

ISS argues that the Apple board has already returned the bulk of its U.S.-generated cash to shareholders through the company's aggressive stock buybacks and dividends payouts. As a result of large institutional investors siding with Apple, Icahn has withdrawn his proposal...

Apple to discuss holiday sales in January 27 conference call

According to the Apple Investor webpage, the company will hold a conference call on Monday, January 27, to discuss financial results of its first fiscal 2014 quarter. The call is scheduled at 2:00pm Pacific / 5pm Eastern Time.

Apple typically announces quarterly earnings via a press release issued half an hour ahead of these calls and we'll be providing around the clock coverage to make sure you're up to date on all matters concerning the company's business metrics.

The upcoming earnings report should be interesting on many levels as it will cover the all-important holiday season sales data for the iPhone 5s/5c, the iPad Air and iPad mini with Retina display...

The best personal finance apps for iPhone

Keeping track of finances may come easy to some people, but not everyone is great with money. Some of us need a little extra help to keep us from coming up short at the end of the month.

If you want to keep track of your finances and that old ledger book is just not cutting it anymore, check out our list of best personal finance apps for the iPhone.

Yahoo Finance gets push notifications and all-new iOS 7 look

Since the iPhone's inception, Yahoo has been Apple's exclusive provider of weather and stock market data in iOS. While I've never been a big fan of Yahoo's Finance app for the iPhone and iPad, I prefer to keep tabs on stocks on the Yahoo Finance website, as opposed to Google Finance.

I'll be changing my mind, however, as the Internet giant has at last given the iOS app a thorough overhaul while adding new features such as notifications for stock price changes, so it now feels right at home in iOS 7...

Shares 2 offers a ridiculously simple way to track your stocks

Keeping track of your stocks can be a burden if you are using Apple’s native Stocks app. You can see increases and decreases from the day’s opening, but figuring out how much you’ve made or lost takes additional time, and usually a calculator.

Shares 2 gives you a simple and elegant view of the companies you’ve invested in, plus gives you an overview of how much money you’ve made or lost overall…

5coins helps you keep track of what you spend on a daily basis

Expense tracker apps are all the rage right now. I guess it is because they look so good on iOS 7, with their flat design and colorful accents. They sure do look better than my boring old checkbook ledger that I used to use.

5coins is a very simplistic expense tracker that helps you take note of your daily spending habits…

Dollarbird review: personal finance meets calendar

Depending on the kind of person you are, keeping track of your finances is either as easy as tying your shoes, or harder than remembering your great aunt’s birthday.

Dollarbird makes it possible for you to plan your monthly budget and keep an eye on your daily spending to help you avoid the dreaded “overdrawn” letter from the bank…

Expense Planner reminds you of future payments

If you have ever found yourself short on cash, or even worse, overdrawn, because you forgot about a recurring automatic payment, then you could use a friendly reminder to help you keep track of upcoming debits to your account.

Expense Planner does just that. You can add an upcoming expense, set a date to be reminded, and forget about it until later…

Apple’s latest major acquisition: Apple

Philip Elmer-DeWitt, writing for Fortune:

Last quarter, Apple finally made a major acquisition. And what did it buy?

It bought Apple.

By my calculation, the company spent $16 billion last quarter ($4 billion in cash, $12 billion through the so-called accelerated share repurchase program) to purchase 36 million of its own shares at an average price of just over $444.

For that amount, Apple could have bought three Nokias or three BlackBerrys...