01/19/2011, 09:01 am
Apple's earnings for the first quarter of 2011 crushed analyst expectations on Wall Street, who heaped praise on the company for beating estimates by $2 billion.
01/18/2011, 05:01 pm
Apple on Tuesday reported its best quarter in the history of the company, reaching $26.74 billion in revenue with a net quarterly profit of $6 billion. Following the news, Apple executives participated in a conference call with analysts and the press, and notes of interest follow.
01/18/2011, 04:01 pm
Apple said Tuesday that first quarter profits rose more than 77% to $6 billion, or $6.43 per diluted share, driven by record sales in three of its four major product categories, helping the electronics giant smash Wall Street's consensus estimates yet again.
01/18/2011, 10:01 am
A medical leave of absence from Apple Chief Executive Steve Jobs has not deterred the firm Kaufman Bros. from its bullish stance on the company's stock, and even went as far as to up its price target to $415 on Tuesday.
01/18/2011, 07:01 am
As investors continue to mull-over the consequences of Steve Jobs' abrupt and immediate health-related leave of absences from the company, Apple will be posting its fiscal first quarter results after the bell this afternoon. AppleInsider contributor Andy Zaky, of Bullish Cross, provides a closer look.
01/18/2011, 12:01 am
Apple is expected to beat even some above-consensus revenue numbers when it announces earnings Tuesday night, having sold new peak numbers of iPhones, iPads and Macs in the winter quarter.
01/17/2011, 09:01 pm
Any drop in Apple's share price tomorrow "presents a buying opportunity ahead of earnings," according to the latest analyst to weigh in on the impact Steve Jobs' leave of absence may have on investors, noting an improved outlook for iOS and more favorable component costs than previously expected.
01/17/2011, 07:01 pm
While traders on the Frankfurt DAX sent Apple shares sliding 6 percent today, similar to the drop that occurred in the US the last time Apple announced that its chief executive Steve Jobs was taking a leave of absence, US analysts expressed more confidence in Apple's market strength.
01/17/2011, 03:01 pm
Though U.S. markets were closed on Monday, overseas trading gave an indication of how investors might react to Steve Jobs' absence from Apple come Tuesday. In addition, analysts on Wall Street offered their take on the news.
01/12/2011, 08:01 am
With Apple's quarterly earnings report for the 2010 holidays less than a week away, one Wall Street analyst believes Apple will sell a record 16 million iPhones, 6 million iPads, and 4.2 million Macs.
01/07/2011, 11:01 pm
Apple is opposing a shareholder proposal advocating a CEO succession plan for the company, while the VLC media player iOS app has reportedly been removed from the App Store over a licensing disagreement. Meanwhile, an Intel executive has revealed that his company tried unsuccessfully for a long time to get Microsoft to build a tablet operating system.
01/05/2011, 11:01 am
Investment firm Wedbush Securities began coverage of Apple stock on Wednesday, and kicked off its analysis with an "outperform" rating and a 12-month price target of $405.
01/04/2011, 09:01 am
Apple is poised to report yet another record-breaking quarter this month, with channel checks indicating sales of the company's iPhone, iPad and Mac computers are tracking ahead of already lofty expectations.
01/03/2011, 11:01 pm
Shares of Apple stock jumped up 2 percent on Monday, the first day of trading in the new year, launching Apple's market capitalization past the $300 billion mark for the first time in the company's history.
01/03/2011, 07:01 am
With the calendar turning over to 2011, investment firm Piper Jaffray has made a prediction that Apple will improve its existing line of products, but will not enter any into any new categories this year.
12/27/2010, 01:12 pm
Apple has revealed that it will publish the financial results of its first fiscal quarter of 2011 on Tuesday, January 18, with a conference call to discuss the results following immediately after.
12/22/2010, 08:12 am
Though the Apple TV "hobby" is starting to take off, sales of the $99 set-top box just aren't enough to have a major effect on Apple's bottom line.
12/22/2010, 01:12 am
The largest public pension in the U.S. is aggressively going after Apple with an advisory shareholder resolution that aims to change the company's board election policies.
12/16/2010, 12:12 pm
Citing growth potential of the iPhone, iPad and Mac, two major financial firms on Thursday increased their price targets for Apple stock.
12/14/2010, 08:12 am
Though it still recommends the stock to investors, Morgan Stanley this week removed Apple from its "Best Ideas" list, citing the company's outperformance of the market over the last six months.