Latest Peter Oppenheimer Stories

Apple Once Again Announces Green Energy Plans
2012-05-18 11:42:55

Michael Harper for RedOrbit.com Fret not, for your cloud may soon be green. 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. Apple made the announcement today after Greenpeace protested, campaigned and even had activists dress up as giant iPhones, according to TGDaily....

Apple Execs Receive Up To $60M In Bonuses
2011-11-06 05:50:10

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, various media outlets reported on Friday. According to Daniel Eran Dilger of Apple Insider, the bonuses were handed out with the intention of locking up those executives through at least 2016. General counsel Bruce Sewell, Senior Vice President of Operations Jeffrey Williams, Worldwide product marketing SVP Philip Schiller,...

2011-07-22 11:23:05

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, Reuters is reporting. Apple, meanwhile, has remained tight-lipped, as usual, about its future plans but has hinted that more content is coming to Apple's iTunes catalog. However, it has been noticed that Apple has been in talks with Hulu, which has been searching for a buyer. Hulu's subscription service would...

2008-09-11 09:33:49

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. The settlement aims to repair damage that shareholders, who sued on behalf of Apple and not themselves, say the company suffered due to the tampering of stock options. According to court documents filed on Monday, U.S....

2008-07-23 06:00:30

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. The tease came Monday as Peter Oppenheimer, the Apple chief financial officer, explained why the company expected its gross profit margin to drop from 34.8 percent in the three months that ended in June to 30 percent in the current quarter. That caused a sharp drop in...

2008-07-23 06:00:15

By John Markoff Apple Computer, which has become the third-largest personal computer maker in the United States and a giant internationally, benefited from the significant market share gains of its Macintosh computer line as well as its continued domination of the digital music player business in its third quarter. But Apple shares fell about 10 percent on Monday in after-hours trading as company executives hinted during a conference call about Apple's quarterly financial statement that...

2008-07-23 00:00:46

SAN JOSE, Calif. _ The towering role of Steve Jobs at Apple was underscored this week when concerns about his health contributed to a sudden plunge the company's stock. Apple shares recovered significantly on Tuesday, but Wall Street's worries spotlight the enormous importance of Jobs to Apple and spur questions about the company's responsibility to address the recurring rumors regarding his health. For weeks, analysts and investors have been jittery about why the Apple chief executive...

2008-07-22 12:10:00

News that Apple expects thinner profit margins sent shares of the consumer electronics maker plummeting in extended trading on July 21. The prospect of diminished profitability through the rest of fiscal 2008 and into the following year overshadowed what was otherwise a blowout quarter. Having forecast earnings of $1 a share on sales of about $7.2 billion, Apple (AAPL) delivered earnings of $1.19 a share and revenue of $7.46 billion. But investors fixated on the margin forecast. CFO Peter...

2008-07-22 12:00:00

By John Boudreau, San Jose Mercury News, Calif. Jul. 22--Despite soaring profits and strong sales across Apple's product line over the past quarter, investors pounded the company's stock Monday because of its less-than-optimistic outlook for the rest of the year. Apple reported third-quarter profit grew 31 percent, beating Wall Street's expectations. But a conservative forecast for the current quarter soured investors. For the fourth quarter, Apple said it expected earnings per share of...

Word of the Day
  • An evil spirit; a devil.
  • A nightmare.
  • In astrology, the twelfth house of a scheme or figure of the heavens: so called from its signifying dreadful things, such as secret enemies, great losses, imprisonment, etc.
'Cacodemon' comes from a Greek term meaning 'evil genius.'