04/24/2012, 04:04 pm
Apple got off to a record start to the year in 2012, with sales of 35.1 million iPhones propelling the company to its best-ever second fiscal quarter. Following the release of its second-quarter results, Apple executives participated in a conference call, and notes of interest follow.
04/24/2012, 04:04 pm
Apple on Tuesday announced its best-ever second fiscal quarter, as the company saw its earnings rise 94 percent to $11.6 billion, or $12.30 per diluted share, on quarterly revenue of $39.19 billion.
04/23/2012, 11:04 am
A recent downturn in Apple's stock has been dismissed as simply "profit taking" ahead of this week's earnings report, in which Apple is expected to exceed Wall Street expectations.
04/20/2012, 08:04 am
In its quarterly earnings call next week, Apple's guidance for the current June quarter may be less conservative than usual, thanks to particularly strong sales of both the iPhone and iPad.
04/18/2012, 03:04 pm
Goldman Sachs on Wednesday increased its price target for Apple stock to $750, and has advised investors to buy in prior to next week's earnings report.
04/13/2012, 07:04 am
With Apple to report its earnings in just a week and a half, the company is projected to reveal sales of 33 million iPhones and 12 million iPads to kick off calendar 2012.
04/06/2012, 08:04 am
Facebook's forthcoming initial public offering is expected to be offered on the Nasdaq Stock Market, joining a host of other major technology companies like Apple, Microsoft and Google.
04/05/2012, 07:04 pm
Apple's share price closed today above $633, making the company's shares now slightly more expensive than Google's. Apple's market cap is now over $590 billion, however, nearly three times larger than Google's.
04/03/2012, 07:04 am
Shares of Apple have been projected to reach $1,000 in calendar year 2014, which would give the company a market capitalization of about a trillion dollars, making it the first company to ever reach that milestone.
04/03/2012, 02:04 am
Apple has announced that it will report its second fiscal quarter financial results on Tuesday, April 24 at 2:00 p.m. Pacific, 5:00 p.m. Eastern.
04/03/2012, 02:04 am
Investment bank J.P. Morgan has made "significant increases" to both its iPhone and iPad projections for the first quarter of calendar 2012 after research indicated "major upside potential" to Apple's sales numbers.
04/02/2012, 10:04 am
Arguing that Apple's dominance of the consumer electronics market is positioned to go unchecked for the foreseeable future, Topeka Capital Markets on Monday initiated coverage of the iPad maker with a staggering $1001 price target on the company's shares.
03/23/2012, 11:03 am
Trading of Apple was briefly halted on Wall Street Friday morning after the stock took a sudden and unexpected plunge of 9.4 percent.
03/20/2012, 04:03 pm
With some two-thirds of its cash hoard housed overseas, Apple would like a tax holiday to allow it to move that money back to the U.S., but its pleas have fallen on deaf ears at the White House.
03/19/2012, 11:03 pm
Evercore Partners analyst Rob Cihra has raised his price target for shares of Apple to a record $750 in light of the company's new quarterly dividend and strong iPad demand.
03/19/2012, 06:03 pm
Riding on a stock incentives plan and reports of record third-generation sales, Apple stock on Monday finally surged past the once elusive $600 barrier it has been tickling for the past few days.
03/19/2012, 11:03 am
With a higher-than-expected 1.8 percent yield, Apple's new $2.65 quarterly dividend is expected to expand its shareholder base to investors who previously passed on the stock because it did not pay out a dividend.
03/19/2012, 09:03 am
Following Apple's announcement on Monday that it will pay a quarterly dividend of $2.65 per share as well as initiate a $10 billion share buyback program, executives from the company participated in a conference call with analysts and investors.
03/19/2012, 08:03 am
Later this year, Apple will initiate a dividend and share repurchase program, spending $45 billion over the next three years, the company announced on Monday.
03/19/2012, 07:03 am
Apple's most likely use for its $100 billion cash balance is seen as an ongoing dividend, though other options include a special dividend or share buyback.