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Apple

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 »

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 »

More Must Reads

Apple’s $1 billion data center in North Carolina made headlines when the project was revealed in May 2009. New reports indicate that the facility is set to open “any day now,” according to local officials, and could possibly double its current 500,000 square foot size. Read More »

Despite Steve Job’s obvious distaste for the company, RIM has long remained ahead of Apple in the global smartphone market. Not any longer, according to research firm Strategy Analytics, which yesterday reported the iPhone shipped more units than did BlackBerry during 2010′s third quarter. Read More »

Steve Jobs said yesterday that Apple plans to “keep our powder dry” for “one or two” strategic acquisitions in the future. He was referring to the $50 billion in cash assets Apple is currently sitting on. But what fight is he gearing up for? Read More »

He may or may not have taken off his mock turtleneck, but Steve Jobs did make a special appearance at the fourth quarter 2010 conference call, taking questions but no prisoners, and probably saying a few things that made his subordinates wince. It was indeed wild. Read More »

For fourth quarter 2010, Apple reported the best quarter and year in company history, with record sales of Mac and iPhones almost overshadowed by the iPad. That’s not all we can expect from Apple for this calendar year, though, as Steve Jobs hinted at some surprises. Read More »

Apple’s stock price reached a lofty milestone in pre-market trading early this morning, crossing the $300 mark for the first time in company history. It reached as high as $301.50, and remains above $300 after opening bell today. Analysts predict it will go higher still. Read More »

Anyone who thought the Mac is dead needs to think different(ly). Apple sold 3.472 million Macs last quarter, along with 3.270 million iPads to sync them with. Out of sync, were iPod and iPhone sales, but for Apple it was another quarter for the record books. Read More »

Only Apple could make success seem banal, reporting the best-ever earnings for a second fiscal quarter today. Sales of Macs were solid and iPods flat, while iPhone sales bucked the cyclical decline. Read More »

Well, it was almost free of the tablet. On yesterday’s quarterly earnings conference call, when asked about a new product that might have the impact of the Mac, iPod or iPhone, the response from Apple was that it “wouldn’t want to take away your joy of … Read More »

Earnings for the first fiscal quarter of 2010 were insanely great with Apple selling a record number of Macs, and plenty of iPods and iPhones, too. Of course, part of that comes from adopting new accounting standards, but money is money no matter how you count … Read More »

Capping the most profitable quarter ever with the most Macs sold in a quarter, the conference call to discuss Apple’s fourth fiscal quarter for 2009 may have been the most boring ever, too. However, distilling the tedium into bullet points is more interesting. iPhone Total sales for … Read More »

Reporting results for the fourth fiscal quarter of 2009, Apple sales and profits continue to defy a moribund economy, and for the first time in the company’s history ten million Macs have been sold in a fiscal year. Apple reported revenue of $9.2 billion and a … Read More »

With the end of September comes the end of fiscal year 2009 for Apple. While the company won’t be releasing the numbers for another two weeks or so, consensus estimates from Wall Street for the fourth quarter will fill in the blanks, as Apple always beats … Read More »

Peter Oppenheimer and Tim Cook hosted Apple’s third-quarter fiscal 2009 conference call, the “best non-holiday quarter ever” for revenue, and the second-best quarter for Mac sales. For investors, if you didn’t suffer through the conference call, transcripts will appear sooner or later, but within the dry … Read More »

Reporting results for the third quarter of fiscal year 2009, Apple shattered expectations with big profits boosted by the all-new lineup of MacBook Pros and the iPhone 3GS. The company reported revenue of $8.34 billion and a net quarterly profit of $1.23 billion, or $1.35 earnings per … Read More »

Yesterday, Apple held its quarterly conference call to discuss Q2 financial performance. Expectations were mixed heading into the call, with many saying that this would reveal the true effect of the recession on Apple’s business, and that we would finally see that the Cupertino … Read More »

Nearly a month ago, at Apple’s unveiling of the new iPod lineup for this fall, Steve Jobs quoted Mark Twain’s “The rumors of my death have been greatly exaggerated.” (By the way, Snopes.com and Wikipedia both say that is even a misquote of … Read More »

The picture above shows AAPL stock since just before the Stevenote Monday. It has only dropped 13 dollars since then, but rumors of Steve’s poor health, and the impossibility of living up to the hype has caused it to drop all the same. Historically, Apple takes a … Read More »

I have a major pet peeve with people who constantly refer to Apple’s stock as “APPL” instead of its true stock ticker, “AAPL”. While it just might make more sense for it to be APPL, the truth is that it’s not. So when I see news … Read More »

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