Activist investor Carl Icahn seems to have abandoned his campaign to pressure Apple into increasing its stock buyback, following recommendations to shareholders from Institutional Shareholder Services...
The firm has been struggling since buying HPE's software business in 2017
But iPhone sales dipped nearly 7 per cent from a year ago
Q3 2020 profit of $10.75 billion is up 22 per cent from the same period last year
Additional $250 million sees the Silicon Valley start-up's value rise to $4.5 billion
Cuts due to a lack of new projects and investors being more cautious