Apple reports earnings of $7.5B on sales of 33.8M iPhones, 14.1M iPads & 4.6M Macs

Apple said Monday that fourth-quarter profits slipped roughly 8.5 percent to $7.5 billion, or $8.26 per diluted share, on revenues of $37.5 billion — better than most Wall Street analysts had been anticipating.

AppleInsider Staff 12 years ago 100

Earnings preview: Apple's Sept. quarter results are all about iPhone for Wall Street

This afternoon after markets close, Apple is set to announce its earnings for the recently concluded September quarter. But analysts are mostly interested in any comments the company may have about improving iPhone 5s production, as well as sales of the iPhone 5c.

Neil Hughes 12 years ago 31

$AAPL shares regain highs from early 2013; many Apple analysts' targets now underwater

Apple's stock has returned to highs not seen since the beginning of the year, closing today above the price targets of a number of financial analysts and increasingly challenging the value of vast new buyback plans advocated by celebrity investor Carl Icahn.

Daniel Eran Dilger 12 years ago 38

Carl Icahn urges Apple to make immediate tender offer for $150B in stock

In an open letter to Apple Chief Executive Tim Cook, billionaire investor Carl Icahn has pushed the company to issue an immediate tender offer for $150 billion in stock from shareholders at current market value.

Neil Hughes 12 years ago 74

Billionaire Carl Icahn teases letter to Apple CEO Tim Cook to promote new website

Well-known investor Carl Icahn has sent a letter to Apple Chief Executive Tim Cook continuing to push for a larger share buyback, and the billionaire plans to divulge the contents of the letter on a new website he will launch this week.

Neil Hughes 12 years ago 46

Wall Street pleased by high-profit pricing of Apple's new Retina iPad mini, iPad Air

Apple's pricing strategy with the iPad Air and new iPad mini with Retina display should help the company's gross margins, analysts believe, while free software offered with new iOS and Mac device purchases should help drive upgrades and further tie users into the company's ecosystem.

Neil Hughes 12 years ago 47

Apple has sold 170M iPads to date, implying sales near 15M in Sept. quarter

Though many customers were waiting for Tuesday's announcement of new iPads, Apple still managed to ship near 15 million units in the September quarter, new data provided by the company implies.

Neil Hughes 12 years ago 17

Apple bests Samsung, Intel in mobile processor revenues

Thanks to the massive popularity of the iPhone and iPad, Apple has become one of the five largest makers of processors for mobile devices by revenue in the world, according to new data.

Shane Cole 12 years ago 26

iPhone 5s launch expected to boost Apple's gross margins to nearly 40%

Historically, 'S' versions of Apple's iPhone lineup have led to stronger margins than full-fledged redesigns. That's why one analyst expects the newly released iPhone 5s to push Apple's gross margins toward 40 percent in the coming quarters.

Neil Hughes 12 years ago 81

Apple to report fourth quarter earnings on October 28

Apple said Monday it plans to announce its fourth fiscal quarter results immediately following the close of the stock market on October 28.

Kevin Bostic 12 years ago 22

Jefferies changes tune on Apple, upgrades to 'buy' with price target of $600

Investment firm Jefferies, which slashed its price target for Apple stock in March after incorrectly expecting a television set from the company in 2012, is once again bullish on the iPhone maker, and on Monday advised investors to buy.

Neil Hughes 12 years ago 34

SEC ends review of Apple taxes, overseas cash

Four months after raising questions about Apple's foreign earnings and taxes, the U.S. Securities and Exchange Commission has ended its investigation without plans to take any further action.

Daniel Eran Dilger 12 years ago 47

Apple alone now holds 10% of all US corporate cash

Of the $1.48 trillion in cash held by U.S. non-financial companies as of June 30, Apple's $147 billion in reserves accounted for 10 percent of all companies, new data shows.

Neil Hughes 12 years ago 66

Icahn reveals discussion with Apple CEO Tim Cook got 'a little testy'

While he initially described dinner with Tim Cook as "cordial," Icahn later revealed in an interview that his talks with Apple's CEO about the use of the company's cash reserves were "a little testy" at times.

Neil Hughes 12 years ago 63

Carl Icahn 'pushed hard' for $150B Apple share buyback at dinner with CEO Tim Cook

Apple Chief Executive Tim Cook met with billionaire investor Carl Icahn for dinner on Monday night, in a meeting in which Icahn pressured Cook to initiate a $150 billion buyback of AAPL stock.

AppleInsider Staff 12 years ago 58

Load More