01/25/2012, 03:01 am
Apple's retail outlets set new records in Q1 2012 and brought in an unprecedented $6.1 billion in revenue, which translates to a prodigious 59% increase over results from the same time a year ago.
01/24/2012, 07:01 pm
Apple CEO Tim Cook outlined his thoughts on the company's iOS device performance during Q1 2012 and sees iPhone sales momentum closing the gap with rival handsets running Google's Android platform, while iPad and iPod touch are in a league of their own.
01/24/2012, 06:01 pm
Apple's stockpile of cash and reserves grew another $16 billion in the holiday quarter, reaching $97.6 billion, as executives hinted they are considering big plans with their money, even though they aren't in a hurry to spend it.
01/24/2012, 05:01 pm
Apple on Tuesday posted a massive holiday quarter with record sales of more than 37 million iPhones, 15.43 million iPads and 5.2 million Macs. Following the news, Apple executives participated in a conference call with analysts and the press, and notes of interest follow.
01/24/2012, 04:01 pm
Apple announced Tuesday the best quarter in its corporate history where earnings rose more than 117% to $13.06 billion, or $13.87 per diluted share, on record quarterly revenue of $46.33 billion.
01/18/2012, 03:01 am
Investment bank RBC upped its price target for shares of Apple from $500 to $525 on Wednesday on expectations that the company will solidly beat Wall Street estimates for the first quarter of fiscal 2012 and offer healthy guidance going into the second quarter.
01/15/2012, 10:01 am
A survey of Wall Street and independent analysts has found that all of them expect Apple to report record iPad sales when it releases its December quarter financial results on Jan. 24, though independent analysts have a 10 percent higher average than the Street's consensus of 13.5 million units.
01/11/2012, 11:01 pm
As fourth-quarter 2011 earnings reports for various companies within Apple's supply chain have begun to trickle in, analysts have taken suppliers' growing profitability as an early sign that the iPhone maker will report breakout profits for the holiday quarter.
01/09/2012, 09:01 pm
Apple on Monday filed notice with the Securities Exchange Commission that its annual shareholder meeting will be held at 10 a.m. Pacific on Feb. 23 and will include four shareholder proposals.
01/09/2012, 09:01 am
Patent infringement litigation between Apple and Android-based handset makers is viewed as a positive for AAPL shareholders, who could benefit from the company's iPhone patent portfolio with licensing deals or a potential ban on Android devices.
01/08/2012, 11:01 pm
A poll of more than 30 professional and independent analyst covering Apple has revealed that estimates for Apple's iPhones sales for its first quarter of fiscal 2012 range from 25.16 million to 35.75 million units.
01/05/2012, 05:01 pm
Apple Chief Executive Officer Tim Cook will have the option to convert over 200,000 shares of company stock, worth nearly $100 million, which will become vested in the first quarter of 2012.
01/04/2012, 09:01 am
Apple on Wednesday confirmed that it will report its fiscal first-quarter earnings on Tuesday, Jan. 24, when it will reveal the results of the iPhone 4S launch and holiday shopping season.
01/03/2012, 09:01 am
Apple was the No. 1 stock recommended to investors by Ticonderoga Securities in 2011, and it holds that title once again at the start of 2012.
12/16/2011, 12:12 pm
Just as the bearish sentiment in Apple hits a cyclical peak, the company is about to deliver the the biggest earnings blowout in the history of the world.
12/13/2011, 03:12 pm
Apple's guidance strategy has not changed, despite a newfound belief on Wall Street that Apple has scrapped its conservative guidance for a more "realistic" approach.
12/12/2011, 08:12 am
It seems that almost daily now there's yet another worthless article that incompetently tries to forecast Apple's fiscal Q1 earnings by taking a look at Apple's EPS guidance. The problem with that approach is that Apple's EPS guidance is entirely useless.
12/07/2011, 11:12 pm
Investment bank UBS now believes Apple will sell as many as 30 million iPhones in the December quarter, up from a previous estimate of 28 million.
12/07/2011, 08:12 am
Indications from Apple's supply chain suggest that iPhone and Mac sales are picking up strength ahead of Christmas, while the iPad remains on pace for a record setting quarter, albeit with softer sales than expected.
12/06/2011, 05:12 pm
Sales estimates for Apple's iPad were slashed by 1 million units for 4Q11 due to a strong Kindle Fire launch, but iPhone sales pick up slack with domestic and international demand driving a 1.5 million increase on previous figures.