News - Peter Oppenheimer
Apple has been targeted by Greenpeace over its energy consumption in its Maiden, North Carolina data center. Now, Apple is saying their 500,000 square foot center will be completely green by the end of the year, using only renewable energy sources to power it.
Recent filings with the Securities and Exchange Commission (SEC) reveal that Apple paid some of its top executives outline stock bonuses of up to $60 million each.
With Apple sitting on over $76 million in cash in the bank, there is no end to the number of ideas that tech pundits are suggesting that the gadget powerhouse might spend it on.
Several of Apple Inc.’s current and former executives and directors, including CEO Steve Jobs, CFO Peter Oppenheimer and former CFO Fred Anderson, have agreed to settle a lawsuit that claimed the company was harmed by their role in Apple's mishandling of stock option grants.
By John Markoff and Saul Hansell While warning that its profit margin will fall in the coming quarter, alarming investors, Apple is indicating that it has something really juicy to introduce before the end of September.
