Apple drops Earnings Per Share guidance because outstanding shares are in flux

Apple didn't provide any Earnings Per Share guidance for the coming quarter. The reason: the company has plans to buy back billions of dollars worth of its own shares. And currently, "they don't know how many shares they will buy back."

Daniel Eran Dilger 13 years ago 103

Apple to focus on software growth as Samsung warns of shrinking hardware profits

As Samsung warns investors of the risk of shrinking hardware profits in the future, analysts note that Apple's future potential lies with exponential software growth, something the company has a distant lead in creating and an apparent exclusive in understanding.

Daniel Eran Dilger 13 years ago 87

Apple shifting its guidance to stop being blamed for "missing" analyst expectations

This week, Apple announced plans to change the way it outlines guidance, an effort apparently intended to thwart excessively enthusiastic analyst expectations that have resulted in a series of "misses" ultimately blamed upon the company itself.

Daniel Eran Dilger 13 years ago 75

Apple to spend $10 billion on innovation, expansion in 2013

This year, Apple will spend $10 billion investing in its future. That's a huge increase over last year, and it obliterates the popular notion that the company is drifting off into a highly competitive market with no real plans for innovating in the future.

Daniel Eran Dilger 13 years ago 59

Apple price targets reduced as company's growth slows to 'normal' levels

Apple is still growing, but not at the tremendous pace investors have become accustomed to over the last decade, which has prompted analysts to lower their price targets for the company's stock.

Neil Hughes 13 years ago 100

Nearly one third of Apple's market value is backed by pure cash

An after-hours sell off of Apple shares resulted in the company's effective market capitalization falling to $436 billion, just over three times the size of its growing cash reserves, now worth $137 billion.

Daniel Eran Dilger 13 years ago 53

Apple stock drops over 10% in after-hours trading during Q1 earnings call

Despite posting a profit of more than $13 billion on record first quarter revenue of $54.5 billion, shares of Apple bled more than 10% of their value in after-hour trading on Wednesday as investors — spooked by a hard miss on Mac sales and lack of earnings growth — ran for cover.

AppleInsider Staff 13 years ago 148

China drives iPhone sales to 48M in Q1,10M more year-over-year

For the first fiscal quarter of 2013 Apple sold 47.8 million iPhones, nearly 11 million more than the 37 million over the same period in 2012.

Mikey Campbell 13 years ago 5

Apple blames 17% drop in Mac sales on iMac supply constraints

Apple on Wednesday released its earnings for the first quarter of the 2013 fiscal year, revealing a precipitous drop in both revenue and shipments for Macs, a sector that once made up the core of the company's business.

Kevin Bostic 13 years ago 42

Notes of interest from Apple's Q1 2013 conference call

Apple on Wednesday reported record sales of its iPhone and iPad lineups, along with record revenue, but sagging Mac sales and unmet Wall Street expectations dinged the company. Following its earnings report, the company held a conference call with investors and members of the media, and notes of interest follow.

AppleInsider Staff 13 years ago 61

Apple earnings come in flat at $13.1B on sales of 47.8M iPhones, 22.9M iPads and 4.1M Macs

Apple announced Wednesday a profit of $13.1 billion, or $13.81 per diluted share, on record quarterly revenue of $54.5 billion for the three-month period ended December 29th, 2012.

AppleInsider Staff 13 years ago 157

Earnings call is Apple's opportunity to 'change the tone of the conversation'

Apple is in a position to work some of its "magic" during this week's quarterly earnings conference call, which could erase the negative sentiment that his surrounded the company's stock for months.

Neil Hughes 13 years ago 51

Apple Q1 2013 earnings preview: The pressure is on

Apple this Wednesday is expected to report record iPhone and iPad sales from the 2012 holiday season. But as investors are uncertain about the company's future, all eyes will be on CEO Tim Cook to ease those concerns.

Neil Hughes 13 years ago 54

Apple's 'black ice' predicted to 'thaw' by summer, pushing stock back toward $700

With 2013 off to a tough start for Apple stock, one analyst attempted to ease investor concerns on Friday, noting that comparisons to a strong 2012 will begin to ease as the year goes on.

Neil Hughes 13 years ago 67

iPhone 5 sales strong, but iPad supply issues affected Apple's holiday quarter - report

The 2012 holiday season was a blockbuster quarter for the iPhone 5, but iPad sales may have been lighter than expected because of supply issues, according to one analyst.

Neil Hughes 13 years ago 41

Load More