Peter Oppenheimer

  1. Apple CFO to Retire, Successor Named

    March 05, 2014 3:32 PM EST Apple's longtime Chief Financial Officer Peter Oppenheimer will retire in September and he'll be replaced by the company's corporate controller. The announcement Tuesday comes one day after Goldman Sachs named Oppenheimer as one of ...

  2. Apple iTunes Breaks Sales Records In Q3

    July 23, 2013 6:01 PM EDT Even though iPad sales stumbled in the third quarter, Apple Inc.'s iTunes store continued to rock on, according to the company latest earnings report released Tuesday. The iTunes store "generated record billings of $4.3 billion in the ...

  3. Apple Radio Service Rumors Crush Pandora Stock

    October 25, 2012 7:59 PM EDT Pity poor Pandora. The Internet radio company's stock price has been getting whiplashed by news of Apple's progress, or lack thereof, in launching a streaming radio service. On Thursday, a Bloomberg report that Apple is on track to go li ...

  4. Apple Posts $11.6 Billion Quarterly Profit on Sales of $39.2 Billion

    April 24, 2012 5:38 PM EDT Apple blew past expectations by reporting on Tuesday it earned $11.6 billion in its second fiscal quarter on revenue of $39.2 billion. On a per-share basis, Apple earned $12.30, up from $6.40 a year earlier and much better than the $10.02 that ana ...

  5. Business Matters: If iTunes Is Still Breaking Even, It Could Cost $1.3 Billion Per Year To Run

    June 14, 2011 8:09 PM EDT If iTunes is Still Breaking Even, It Could Cost $1.3 Billion Per Year To Run -- iTunes could cost Apple $1.3 billion per year beyond royalties to publishers, according to an estimate by market intelligence firm Asymco. The estimate was based on nu ...

  6. Apple 4Q Net Income Soars 70 Percent; iPad Falls Short

    October 18, 2010 12:00 AM EDT Apple Inc. said Monday that net income for the most recent quarter soared 70 percent on strong sales of iPhones, though iPad sales fell short of expectations. Shares fell in after-hours trading. Apple's stock had been breaking through record- ...

  7. Apple Stock Plunges 10 Percent

    October 12, 2005 12:00 AM EDT iPod shipments fall shy of Wall Street hopes. Shares of Apple Computer Inc. continued to tumble Wednesday, after the company reported robust sales of its personal computers and still-sizzling iPods, but overall shipments of the digital music playe ...

  8. Apple Stock Plunges 10 Percent

    October 12, 2005 12:00 AM EDT iPod shipments fall shy of Wall Street hopes. Shares of Apple Computer Inc. continued to tumble Wednesday, after the company reported robust sales of its personal computers and still-sizzling iPods, but overall shipments of the digital music playe ...