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.
07/15/2011, 01:07 pm
Even though Apple faces some lofty expectations from Wall Street heading into next week's quarterly earnings report, one analyst is "confident" in the company's ability to surprise on the upside.
07/13/2011, 08:07 am
Both Nokia and Apple have remained mum on the financial terms of their patent lawsuit settlement, but a glimpse at the deal Apple was able to broker is expected to be seen in next week's quarterly earnings report.
07/12/2011, 08:07 pm
Apple is expected to report more than 22 percent growth in Mac shipments when it announces its quarterly earnings next week, driven by growth overseas, which will compensate for dampened sales in the U.S. in June.
07/12/2011, 09:07 am
With Apple's next quarterly earnings report just a week away, the company is expected by one analyst to have sold a record 8.5 million iPads, along with 17.53 million iPhones.
07/12/2011, 02:07 am
J.P. Morgan analyst Mark Moskowitz told investors Tuesday that shares of Apple stock remain a strong buy with "plenty of gas in the tank" for upward movement, in spite of recent volatility.
07/11/2011, 09:07 am
Categorizing Apple's rumored entrance into the high-definition television market as an "eventual" next step, a new analysis concludes that such a move could increase the company's market capitalization by $100 billion, or $100 per share in incremental value.
07/06/2011, 08:07 am
Pricing for memory, NAND flash memory and displays in Apple's overseas component supply chain is said to be improving, positioning to place the company in a favorable and more profitable position in the coming months.
06/28/2011, 12:06 pm
Needham & Company increased its revenue and earnings per share estimates for Apple on Tuesday, with new figures that reflect higher estimated shipments of 30 million iPads and 17 million Macs in 2011.
06/14/2011, 10:06 am
Though Apple will pay Nokia a one-time sum and ongoing royalties as a result of their new settlement, one analyst believes the timing of the agreement suggests Apple was able to negotiate a favorable outcome.
06/09/2011, 12:06 pm
Tracking of Apple's component purchases from the overseas supply chain shows the company with an 87 percent year-over-year increase in the month of May.
06/07/2011, 08:06 am
The newly announced iCloud service is expected to further drive sales of iOS devices as users become even more tied in to Apple's increasingly proprietary ecosystem, analysts on Wall Street believe.