Apple Store visitor figures show iPhone, iPad and Mac 'on a roll' - report

As Apple's retail store initiative is set to turn 10 years old later this month, revenue at the company's brick and mortar stores continues to soar as visitors flock to Apple Stores to try out the iPad.

Josh Ong 15 years ago 32

Apple shares dip just 1% after Nasdaq index rebalance

After the re-weighting of Apple's portion of the Nasdaq-100 index from 20.5 percent to 12.3 percent went into effect on Monday, shares of the company's stock dropped just 1 percent.

Josh Ong 15 years ago 18

Apple makes record $11B in purchase commitments, earns its highest margins in Asia

Apple's 10-Q form filing with the U.S. Securities and Exchange Commission has revealed the largest sequential increase in purchase commitments for a March quarter to $11 billion, as iPad 2 production ramps up.

Sam Oliver 15 years ago 14

Notes of interest from Apple's Q2 2011 conference call

Apple on Wednesday reported its best second quarter ever, with $24.67 billion in revenue and $5.99 billion in profit, propelled by sales of 18.65 million iPhones. Following the news, Apple executives participated in a conference call with analysts and the press, and notes of interest follow.

AppleInsider Staff 15 years ago 67

Apple profits soar 95% on sales of 18.65M iPhones, 4.69M iPads and 3.76M Macs

Apple said Wednesday that second-quarter profits rose nearly 95 percent to $5.99 billion, or $6.40 per diluted share, on record iPhone and non-holiday quarter sales of $24.67 billion for the three-month period ended March 26, 2011.

AppleInsider Staff 15 years ago 96

Apple expected to report sales of 7M iPads, 17M iPhones for Q2 2011

Apple is once again predicted to exceed expectations in its upcoming quarterly earnings call, with one analyst forecasting sales of 7 million iPads and 17 million iPhones in the second quarter of fiscal 2011.

Neil Hughes 15 years ago 26

Nasdaq rebalancing seen as a buying opportunity for Apple investors

Apple will be negatively impacted by the decision to re-weight its stock on the Nasdaq-100 Index, but the company's fundamentals remain strong, presenting a buying opportunity for investors.

Katie Marsal 15 years ago 26

Nasdaq to diminish Apple's share of index in rebalance

Apple stock could see heavy trading on Tuesday after the Nasdaq stock exchange announces its plan to reduce Apple's portion of the Nasdaq-100 index from 20 percent to 12 percent during an adjustment that will increase the weighting of rivals Google and Microsoft.

Josh Ong 15 years ago 53

$500 target slapped on Apple as iPad seen dominating $120B tablet market by 2015

Posing the question of whether Apple is the "most valuable company in the world," Credit Suisse on Thursday initiated coverage of the iPad maker with a $500 price target, saying it believes Apple is well positioned to command a majority share of a booming tablet market expect to grow to $120 billion over the next four years.

Sam Oliver 15 years ago 47

Shortages of Apple's iPad and iPhone to bleed into June quarter following Japan tsunami

The March 11th tsunami that has devastated Japan is expected to create shortages of Apple's most popular products for the remainder of the month and through next quarter, as at least two of the company's core component suppliers in the region have temporarily shut down operations to assess damages.

Katie Marsal 15 years ago 114

Attempt to link Foxconn's slowed growth to Apple viewed as questionable

A suggestion that slow growth at manufacturer Foxconn could be a bad sign for Apple has been called out by one financial institution, which instead asserts that the connection between the two companies is limited.

Neil Hughes 15 years ago 56

Deceleration in Foxconn manufacturing seen as a concern for Apple

A "notable" slowdown in manufacturing at Apple's overseas partner Foxconn has been viewed as a potential issue for the iPad maker, and may result in less availability of products.

Neil Hughes 15 years ago 46

Impressive lines suggest first day iPad 2 sales could hit 500k, analyst says

Piper Jaffray analyst Gene Munster increased his first day sales estimate for the iPad 2 to an upper range of 500,000 units after initial demand surpassed his expectations, with some Apple retail stores drawing 104 percent longer lines than last year's launch.

Josh Ong 15 years ago 103

JP Morgan: Apple's iPad 2 could cause 'bubble burst' for rival tablets

According to one Wall Street analyst, Apple's soon-to-be-released iPad 2 could burst a bubble for competitors who are hoping to capitalize on the growing tablet market but remain unable to catch up.

Josh Ong 15 years ago 88

Wall Street impressed by 'evolutionary' improvement in Apple's iPad 2

Wall Street analysts reacted positively to Apple's unveiling of the iPad 2 on Wednesday and remained optimistic about the company's continued ability to lead the tablet market, though they viewed the refresh as mostly "evolutionary."

Josh Ong 15 years ago 47

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