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...You can probably guess who remains the reigning champ of earnings call swearing: Ryanair’s Michael O’Leary....
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...Its shares have fallen about 5 per cent this year at a time when most of its Big Tech rivals have reported double-digit percentage stock gains....
...Outside of the US, China is both Apple and Tesla’s single-largest market, respectively contributing 19 per cent and 22 per cent of total revenues during their most recent fiscal years....
...In a sweeping antitrust lawsuit the US on Thursday alleged that the iPhone maker had betrayed that slogan, locking millions of its users into a powerful monopoly that has made it one of the most valuable...
...Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer....
...Senior DoJ officials on Thursday compared the Apple lawsuit with some of the most significant antitrust cases in US history, including challenges against AT&T, Standard Oil and Microsoft, which was accused...
...JB Hunt, which is a big old capital-intensive diesel-burning trucking company that owns its own trucks, earned 11 per cent (and that was its worst year in more than two decades; trucking is in a slump)....
...Although most shareholder petitions in the US are non-binding, support from 30 per cent or more of investors typically pushes companies to act....
...Microsoft recently overtook Apple as the world’s most valuable listed company, with investors excited by the software group’s moves in AI....
...The most recent accounts show that the highest-paid director received £3.44mn in 2022....
...Tim Cook, Apple’s chief executive, on Monday called the headset “the most advanced consumer electronics device ever created”....
...It was recently overtaken by Microsoft as the world’s most valuable company, as its market cap slipped below $3tn....
...“Investors are unlikely to see this as having major implications to the stock price as it wasn’t modelled into our (and most) long-term expectations.”...
...“The barrier for most people is: ‘is it more useful for me to have this than to not have this?’” Harding added. “It’s more of a pain not to have a smartphone than to have a smartphone.”...
...Network effects get the most attention these days, but the other two are different and important....
...And what’s important to us — the most important thing is that these brands are iconic and that they trade in attractive and growing categories....
...A private equity deal that stands out for its length and complexity has also turned out to be one of the industry’s most lucrative, reaping $70bn in gains for tech entrepreneur Michael Dell and investment...
...The Google trial, seen as the most significant antitrust monopoly trial in more than 25 years in Washington, will hear closing arguments in May....
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...“This will work alongside iMessage, which will continue to be the best and most secure messaging experience for Apple users,” the company said....
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