07/06/2010, 09:07 am
The other side of the debate -- I recently published an article arguing that the iPod’s importance to Apple’s overall quarterly revenue has diminished to the point of being almost irrelevant to Apple’s growth. Yet, this article seemed to hit the nerves of iPod aficionados who ardently contend that the iPhone is an iPod, and to say otherwise, would constitute the highest level of blasphemy to the Apple investment community.
07/02/2010, 09:07 am
After years of serving as Apple's main source of revenue, the iPod's influence on the company's financial health has diminished to the point of being effectively irrelevant as a revenue driver, marking an end to the 'iPod era.'
07/01/2010, 10:07 am
"Buckle up," was the advice issued Thursday to Apple investors by J.P. Morgan, as the firm expects Apple's stock to soar to new heights in the next year and a half based on rapid growth of both the iPhone and iPad.
06/08/2010, 08:06 am
Following the introduction of iPhone 4, Wall Street analysts said Apple will see even greater sales of its handset in the next year driven by consumer demand for the impressive new hardware.
05/26/2010, 04:05 pm
Apple's market capitalization hit $222 billion on Wednesday, leaving it ahead of rival Microsoft as the largest technology company in the world when the closing bell rang on Wall Street.
05/24/2010, 08:05 am
Morgan Stanley analyst Katy Huberty said Monday she believes iPhone market share growth, including in the enterprise market, along with strong initial demand for the iPad will push Apple stock to $310, but her "bull case" scenario shows it going even higher, to $400.
05/18/2010, 03:05 pm
Had Apple co-founder Steve Jobs not cancelled his stock options in exchange for $75 million in shares in 2003, he would have an extra $10.3 billion in profits today.
05/11/2010, 09:05 am
Apple's recent MacBook Pro refresh and the newly launched iPad 3G are both strong sellers, industry and supply chain sources have told one Wall Street analyst, who believes Apple could see another quarter with more than 20 percent year-over-year growth in Mac sales.
05/06/2010, 10:05 am
A survey of iPad buyers found that 44 percent would purchase the touchscreen device instead of a notebook, and 41 percent would not buy an iPod touch as a result of their tablet.
04/21/2010, 08:04 am
Apple's 8.75 million iPhones sold in the March quarter combined with a better-than-expected launch of the iPad has led analysts to increase their already bullish views on the company's stock.
04/20/2010, 04:04 pm
Apple blew out Wall Street expectations yet again Tuesday when it announced sales of 8.75 million iPhones and 2.94 million Macs last quarter, pushing the company to a 90 percent increase in profit. Following the news, Apple executives conducted a financial conference call with analysts and the press, and notes of interest follow.
04/19/2010, 03:04 pm
New data from the NPD Group implies Apple could announce sales of 2.9 million Macs and 10 million iPods when it reveals its earnings for the second quarter of fiscal 2010 Tuesday afternoon.
04/19/2010, 09:04 am
Apple's astounding gains on Wall Street are expected to continue, with a second consecutive quarter of more than 30 percent year-over-year Mac sales growth predicted to help push the company's stock to $305.
04/17/2010, 10:04 am
Apple recently repositioned several of its board members to bring the company back into compliance with its own governance guidelines after the sudden death last month of long-time director Jerome York left a void in its leadership.
04/16/2010, 10:04 am
Research investment firm Oppenheimer on Friday raised its price target and estimates for Apple through the end of the fiscal year to reflect improving momentum across all the company's product lines and expectations of strong March quarter results.
04/14/2010, 10:04 am
Less than a week ahead of Apple's quarterly earnings report, two analysts increased their price target for the company's stock -- one to $299 and the other to $300.
03/26/2010, 11:03 am
Members of Apple's top brass sold a million shares of company stock Thursday, totaling $200 million in value and helping to send the stock price down $4.57.
03/22/2010, 09:03 am
With Apple's retail presence delivering growth in Mac and iPhone marketshare elsewhere in the world, the company's plans to build 25 new stores in China is expected to have a significant impact on sales.
03/17/2010, 09:03 am
After roughly two years of declines, growth in worldwide market for desktop PC sales is poised to rebound into the black during the 2010 calendar year, thanks largely to Apple's latest iMac offerings, according to a published report.
03/15/2010, 01:03 pm
New retail sales data shows Apple has continued to have strong Mac and iPod sales at the start of 2010, with February's numbers showing significant year-over-year growth.