09/22/2011, 09:09 pm
Investment bank Goldman Sachs sees Apple outperforming the firm's previous expectations in spite of recent market troubles and has raised its shipping estimates for the iPad, Mac and iPhone.
09/21/2011, 09:09 pm
The average middle-class American will spend roughly $481 each year on Apple products by 2015, up from $321 this year, while emerging middle-class consumers in developing markets will drive substantial growth for the company in coming years, according to a new analysis.
09/19/2011, 10:09 pm
Shares of Apple rose nearly 3 percent Monday to close at a new all-time high of $411.63, padding the electronic giant’s lead over Exxon Mobile as the world’s most valuable company.
09/12/2011, 10:09 pm
Investment bank Morgan Stanley took the position on Monday that Apple is "more likely than ever" to return some of its $76 billion in cash to shareholders and recommended either share buybacks or dividends as the most favorable options.
09/07/2011, 08:09 am
Investment firm Piper Jaffray on Wednesday released their calendar year 2013 estimates for Apple, forecasting $164 billion in revenue with earnings per share of $40.50 on sales of well over 200 million iOS devices.
08/25/2011, 08:08 am
The resignation of Steve Jobs as Apple CEO is a significant event for the company, but similar to the departures of visionaries in years past like Henry Ford and Walt Disney, Apple is expected to go on without Jobs.
08/15/2011, 07:08 pm
Microsoft revamped this year's 10K filing with the Securities Exchange Commission to remove mention of Linux, Mozilla and Opera as significant competitors and amplify the role of Apple as a competitor in both software and online services.
08/10/2011, 06:08 pm
After temporarily passing oil giant Exxon Mobil in market capitalization yesterday, Apple has jumped into the lead again and remained there as the market closed today.
08/10/2011, 10:08 am
Apple's growth has been called the "ultimate platform adoption story" in a new analysis, which sees the potential for Mac and iPhone market shares to double or even triple in the next few years.
08/09/2011, 03:08 pm
During a volatile day of trading on Tuesday, Apple briefly passed oil giant Exxon Mobil to become the most valuable company in the world, in terms of market capitalization.
08/08/2011, 09:08 am
Both Apple's Mac and iPad lineup are poised to make significant gains in the second half of 2011, as the Windows-based PC market remains "relatively stagnant" and is predicted to see 4 percent growth, according to a new analysis.
08/05/2011, 09:08 am
Investment firm Needham & Company on Friday upped its price target for Apple stock to $540, with projected sales of 54 million iPads and 108 million iPhones in 2012.
07/28/2011, 09:07 pm
New figures from the U.S. Treasury Department indicate that the government has a total operating cash balance of $73.768 billion, less than Apple's own war chest of $75.876 billion.
07/28/2011, 02:07 pm
Responding to a new rumor that Apple is considering a purchase of bookseller Barnes & Noble, one Wall Street analyst has said he doesn't think such a deal would make much sense for the iPhone maker.
07/27/2011, 07:07 pm
A report by debt rating service Moody's noted Apple held the most cash among non-financial companies in the US last year, even as businesses across the board have increased their cash holdings by about 11 percent.
07/21/2011, 03:07 pm
Apple's meteoric rise could see it overtake oil giant Exxon-Mobil and become the world's largest company by market value, one new analysis has projected.
07/19/2011, 09:07 pm
Wall Street analysts were stunned by Apple's record quarterly earnings on Tuesday, noting that there seems to be no end in sight for the company's "upside parade."
07/19/2011, 04:07 pm
Apple on Tuesday reported a record-breaking quarter with $28.57 billion in revenue, propelled by a massive 20.34 million iPhones and 9.25 million iPads sold in the quarter. Following the news, Apple executives participated in a conference call with analysts and the press, and notes of interest follow.
07/19/2011, 04:07 pm
Apple said Tuesday that third-quarter profits rose nearly 125% percent to $7.31 billion, or $7.79 per diluted share, on record quarterly sales of $28.57 billion for the three-month period ended June 25, 2011.
07/19/2011, 10:07 am
Trading at record levels ahead of its quarterly earnings report this afternoon, Apple is expected by Wall Street watchers to post its best June quarterly earnings ever, with nearly $25 billion in revenue on sales of 16.5 million iPhones.