2009/21/07, 05:07 pm
Once again, Apple has had the best non-holiday quarter in its history, selling more Macs and iPhones than it ever has in spring, albeit with fewer iPods sold. The company has conducted a financial conference call with analysts and the press. Notes of interest for Apple's results and the now concluded call follow.
2009/21/07, 12:07 pm
Guidance, gross margin, and signs of a rebound in technology spending will be among the key topics financial experts will be paying close attention to when Apple reports results from its third fiscal quarter following the closing bell Tuesday.
2009/17/07, 03:07 pm
Shares of Nokia tumbled this week, as the world's largest handset maker believes its market share will recede over the next year, while competitor Apple sees continued growth with the iPhone platform.
2009/17/07, 10:07 am
Though iPod sales are predicted to be the weakest-performing segment of Apple's overall sales this quarter, the iPod touch is said to be the ace up the company's sleeve, thanks to the platform's compatibility with the App Store.
2009/14/07, 11:07 am
One week before Apple is set to report its third-quarter earnings, Minneapolis-based market analysis firm Piper Jaffray released a report suggesting the computer and portable device maker could beat street estimates on strong Mac and iPhone sales.
2009/15/06, 04:06 pm
Apple last month saw Mac sales that were fairly inline with those achieved last year while sales of iPods were hit with double-digit declines, according to new retail data released Monday.
2009/09/06, 12:06 pm
While the iPhone 3G S was generally in line with expectations, lowered Mac notebook and iPhone 3G pricing, combined with favorable upgrade pricing for Snow Leopard, made a positive impression on most Wall Street analysts, many of which issued positive reactions Tuesday while increasing their Apple price targets.
2009/26/05, 10:05 am
Arguing that the market is underestimating demand for iPhones over the next two calendar years, investment bank Morgan Stanley on Tuesday upgraded shares of Apple to Overweight from Equal-weight, saying success of the touchscreen handset should offset any growth risks in the company's core Mac and iPod businesses.
2009/27/04, 08:04 am
Apple said Monday that a proposal to give investors a greater say over compensation for top executives was approved during its recent shareholders meeting, correcting an earlier filing from the company which reported that the motion had failed.
2009/24/04, 02:04 pm
Analysts on Wall Street are largely applauding Apple's performance during the March quarter, with many of them this week initiating more bullish views of the company's prospects going forward. Included is a run down analyst ratings and price target changes, along with some excerpts from their commentary.
2009/22/04, 05:04 pm
Apple on Wednesday announced a mixed second quarter, providing its best-ever earnings and iPhone sales for a March quarter but relatively weak Mac numbers. It just concluded a financial conference call with analysts and members of the media. Several notes of interest from the call follow:
2009/22/04, 04:04 pm
Apple said Wednesday that second-quarter profits rose more than 15 percent to $1.21 billion, or $1.33 per diluted share, on record non-holiday quarter sales of $8.16 billion for the three-month period ended March 28, 2009.
2009/21/04, 08:04 am
Apple following the close of the stock market on Wednesday will report results of its fiscal second quarter of 2009 ended March. Bullish Cross analyst and AppleInsider contributor Andy Zaky is readjusting his outlook on Apple to a view that is more commensurate with the increasingly bleak economic environment.
2009/13/04, 11:04 am
Shares of Apple continue to make forward progress this week with as a pair of Wall Street analysts issuing new research reports that raise their price target on the stock in light of upcoming product catalyst.
2009/13/03, 03:03 pm
Proving once again that the best way to reach Americans' brain is through their funny bone, Jon Stewart of the Daily Show continued his warpath aimed at irresponsible financial reporting by CNBC, specifically calling Jim Cramer out for his comments on how easy it was to profit from misinformation aimed at Apple.
2009/25/02, 05:02 pm
Apple's annual shareholder meeting was dominated, as usual, by groups using the event as a soapbox for furthering their political agenda. Apple COO Tim Cook only answered a couple real questions from individuals, and the crowd sang out happy birthday to Steve Jobs, who was away on medical leave.
2009/25/02, 02:02 pm
Despite concerns over the way it handle disclosures relating to the health of chief executive Steve Jobs, Apple's current board of directors were re-elected Wednesday by investors at the company's annual shareholders meeting.
2009/20/02, 08:02 am
After Apple shares plunged by nearly 4% on Thursday, due to shareholder panic in reaction to NPD's January US retail results, an analyst brief has urged investors "to exploit what we believe is the market's overreaction and buy the stock."
2009/18/02, 08:02 am
Despite the red ink flowing from retailers and PC makers, Apple is expected to ride out its second fiscal quarter ending in March with respectable numbers nearly in line with its performance last year.
2009/23/01, 06:01 pm
With unit growth and revenues that beat the Street's expectations, Apple's resilience in the face of global economic woes is great news for its investors, but bad news for competitors, according to a note Connexiti issued by supply chain analyst Richard Davenport.