Apple stock hit an all-time high of $503.83 in early trading Monday, surpassing the magic $500 mark. It has since gone back down a bit, and at the time of publishing, AAPL was at $499.22. The stock has gone steadily upward since Tim Cook became CEO. Read More »
Apple
After today’s earning report for the second fiscal quarter, Apple’s conference call was something of a dénouement. In a relatively dry call without the presence of Steve Jobs, the main topic of interest was the iPad; the questions focused on supply problems, the answers avoided them. Read More »
Coming in below expectations on iPads, down on iPod sales, but up big on iPhones and Macs, Apple announced record second quarter earnings today. Apple reported earnings revenue of $24.67 billion and a net quarterly profit of $5.99 billion, or $6.40 earnings per share. Read More »
With Apple announcing earnings next Wednesday, it’s bound to be good news for stockholders. But it’s good time to look at what that means for consumers, too. Could the earnings call provide hints about the future of Apple’s hardware and software plans? Read More »
Apple share value dropped by 2.3 percent on Tuesday, and 4.5 percent on Wednesday, marking the largest decline for the company in nine months. All while the iPad 2 sold out in stores and online across the U.S.. So why is Apple taking the hit? Read More »
Unlike last quarter, today’s conference call did not include a cameo by iconic CEO Steve Jobs, who announced a leave on absence on Monday. In fact, his name didn’t even come up, and that’s one of five things Apple watchers should know about today’s call. Read More »
With record revenue, profits, and products sold, Apple today posted the holiday quarter results to beat all holiday quarters, at least until next year. Total revenue topped $26 billion, besting the closest quarter on record by more than $10 billion. Read More »
Three of the top U.S. carriers announced yesterday a plan to work together to enter the mobile payments realm, where they’ll go toe-to-toe with tech giants like Google and Apple. Sparks are bound to fly, but who will come out on top? Read More »
Jumping past Research in Motion, Apple has entered the top five in global mobile phone sales, trailing only Nokia, Samsung, and LG. Number four may not count for much in the realm of professional sports, but it means a lot in the technology business. Read More »
Apple keeps taking things away from Microsoft. First, it was smartphone market share, knocking down poor Windows Mobile. Then, it was size as measured by market capitalization, with Apple moving into second in May. As of today, it’s quarterly revenue. Read More »
The details of Apple’s 10-K filing for 2011 include an increased employee headcount, higher capital expenditure targets, and a decrease in its gross margin for the second year in a row. Is this a mix that promises another year as innovative as was 2010? Read More »
During the last Apple conference call, Steve Jobs crowed about Apple’s growing enterprise presence. A new report illustrates just how well iOS is doing in business; 4,000 new iPads and iPhones are ready to be put to use at a major pharmaceutical company, the report says. Read More »