Peter Oppenheimer
Peter Oppenheimer is Apple’s senior vice president and Chief Financial Officer. In his capacity as CFO, Oppenheimer oversees the controller, ... More »
Apple's Peter Oppenheimer Is Highest Paid Finance Chief
Its chief financial officer, Peter Oppenheimer, who has helped the company sidestep billions of dollars in taxes, was the highest paid chief financial officer of 2012, according to data compiled by Bloomberg News. Mr. Oppenheimer was awarded a $68.6 million package, much higher ... Read more »
Apple makes renewable energy push with solar, fuel cells
... Thu Mar 21, 2013 1:34pm EDT SAN FRANCISCO, March 21 (Reuters) - Apple Inc now runs its largest U.S. data center entirely on renewable energy, with a majority of the power generated on-site from solar panels and fuel cells, the company's chief financial officer, Peter Oppenheimer, said on Thursday... Read more »
Activist investor sues Apple in bid to unlock its cash
In an interview with Reuters, Einhorn said he'd gone to Apple CEO Tim Cook in recent weeks after the company's chief financial officer, Peter Oppenheimer, brushed off his entreaties in September. Cook, who is rarely known to engage investors in exclusive conversations, was unaware of the ... Read more »
Cars That Fly *And* Float: Explaining Apple’s Q4 And Beyond
Apple CFO Peter Oppenheimer made a point of saying this about a half dozen times on the call. Apple wants to make it clear that this extra week of sales do matter and analysts should set expectations (lower) accordingly. One major reason for concern going forward is Apple’s margins. This ... Read more »
With Apple’s Numbers, Timing Is Everything
You could hear it within the answers of CFO Peter Oppenheimer and CEO Tim Cook during their conference call today. There are a few things at play here. First and foremost, Apple has been growing at an insane rate the past few years. Revenues have routinely been up over 50 percent ... Read more »
Apple claims Einhorn holding investors hostage
" Obama: Apple will make Macs in the U.S. In his declaration to the court, Peter Oppenheimer, Apple's finance chief, said that in a conference call with himself and Mr Cook on February 6, 2013, Mr Einhorn had described the requirement for shareholder approval as a "roadblock that was not ... Read more »
Apple Retail: 372 Stores, 123 Of Them Outside The U.S. $4.1B In Sales, 813M In Q3
In the conference call, CFO Peter Oppenheimer noted that half of the sales in retail were to people who had never owned a mac before. Apple now has 372 stores, 123 outside the U.S., Oppenheimer said. They saw foot traffic of 813 million visitors, or 17,000 visitors per store, per ... Read more »
Apple Now Has 150 Million iCloud Users
During Apple’s earnings call today, the company’s CFO Peter Oppenheimer announced that Apple now has 150 Million iCloud users. That’s up from 125 million users the company cited in its last quarterly earnings call in April. As Apple announced at its annual developer conference earlier ... Read more »
Why Fantastically Wealthy Apple Is Borrowing Money
Apple CFO Peter Oppenheimer spelled it out during Apple’s recent earnings call. “We are continuing to generate significant cash offshore,” Oppenheimer told press and analysts. “And repatriating this cash would result in significant tax consequences under current U.S. tax law.” ... Read more »
A measure of Apple's success: Oppenheimer cites Japan
Apple Chief Financial Officer Peter Oppenheimer took a minute during Tuesday's earnings conference call to cite Apple's success in Japan -- an important metric in a country where national brands were once invincible. "In Japan, IDC Japan announced that iPhone gained the number one ... Read more »
When David Einhorn Talks, Markets Listen—Usually
... of the reason that David’s so passionate about his public presentations is that he’s sick of apologizing and feeling bad for being the smartest kid in the room.” On May 31, 2012, Einhorn pitched his GO-UPs idea to Apple directly, on a conference call with Chief Financial Officer Peter Oppenheimer... Read more »
Apple Guidance Will Change Moving Forward, Says Peter Oppenheimer
Mailbox, The Email App Everyone's Panting Over, Has A Fascinating Link To Apple The way Apple offers guidance on future earnings will change, says CFO Peter Oppenheimer. In the past, Apple has provided a single point, (one revenue figure, for example), the company expects to hit over the ... Read more »
Apple Misses Wall Street 4Q Expectations
In part, this is a normal consequence of having so many new products, said CFO Peter Oppenheimer. When a production line is new it costs more to run and the components are more expensive. “The difference this time is the sheer number of products we’re introducing at a short time,” ... Read more »
Apple Talks Lower Margins Now, Ginormous Sales Later
There were a handful of interesting comments from Apple CEO Tim Cook and CFO Peter Oppenheimer. One came by way of explanation for the lower-than-expected profits and gross margins. All those new products that Apple released this week? They’re a little more expensive to make than the ... Read more »
Examiner attends the Apple 3Q FY 2012 earnings meeting
Apple's CEO Tim Cook and CFO Peter Oppenheimer were present for the report and the Q&A. Mr. Oppenheimer gave most of the presentation and figures. Like it or not the business of gadgets and business is, well, business and gadgets. As this column goes, the iPad ( ... Read more »
On the Call: Apple CFO Peter Oppenheimer
On a conference call, an analyst asked Chief Financial Officer Peter Oppenheimer to explain the reasons. QUESTION: The average selling prices for the iPad and the iPhone seem to have declined. Is that a function of the availability of cheaper models or is Apple just testing different ... Read more »
Apple seeks support for new spaceship-like campus
In a brochure mailed last week to its neighbors in the Silicon Valley city, Apple's CFO Peter Oppenheimer asked them to write a letter, attend a public meeting, or let the company use their names in support of its building plans, according to one of the people who received it. A response ... Read more »
Apple to use only green power for main data center
The two solar farms will cover 250 acres, among the largest in the industry, Apple CFO Peter Oppenheimer told Reuters. Apple plans on using coal-free electricity in all three of its data centers, with the Maiden facility coal-free by the end of 2012. "I'm not aware of any other company ... Read more »
Why Apple's Q2 Earnings Make It A Fist-Pounding Buy
Reasons Why I'm Longer & Stronger: Apple is doing what CFO Peter Oppenheimer described on the conference call as the largest share buyback in the history of the stock market. Apple is upping its $10 billion buyback to $60 billion, which at today's market prices, would represent about 16% ... Read more »
Apple's CEO Discusses F2Q13 Results
Speaking today are Apple's CEO, Tim Cook; and CFO, Peter Oppenheimer; and they'll be joined by Treasurer, Gary Wipfler, for Q&A session with analysts. Please note the information you'll hear during our discussion today will consist of forward-looking statements, including without ... Read more »
