Apple to Investors: You're Welcome
Apple’s first quarter was a blowout, as was the one before it. So too is the company’s latest. Reporting second-quarter earnings after the bell Tuesday, Apple rolled out the big numbers once again....
View ArticleApple to Antenna-Obsessed Investors: Look! Over There! A Big Pile of Money!
Asked last week if he would apologize to investors for the decline in Apple’s share price caused by controversy over the iPhone 4’s antenna design, CEO Steve Jobs refused. “We want investors for the...
View ArticleSchmantennagate
A fair bit of time has passed since “antennagate” and Apple’s (AAPL) unprecedented response to it. So how’s the iPhone 4 been selling after all that criticism? As well as ever, says Deutsche Bank...
View ArticleApple Has $51 Billion and a Shopping List. Is Facebook on It?
Steve Jobs made a rare appearance during today’s Apple’s earnings call and spent most of his time beating up his rivals, past and present. Summary: The iPhone has left Research in Motion’s BlackBerry...
View ArticleApple Looking for New CFO? Apple Says Nope.
Is Apple on the hunt for a new CFO? The company says it’s not, but “people familiar with the matter” tell Bloomberg otherwise. They claim Apple approached Blackstone CFO Laurence Tosi about taking on...
View ArticleApple's App Downloads Are Booming. Apple's App Revenues Are…
A year ago, Apple’s customers had downloaded three billion apps. Now that number has jumped to 10 billion. That’s an astonishing jump, and it speaks volumes about the growth, and usage, of Apple’s...
View ArticleApple and Samsung Hammering Out $7.8 Billion Display Deal
With demand for its iOS devices growing, Apple is once again moving to secure vast storehouses of parts with which to build them. Cupertino is said to be finalizing a massive component contract with...
View ArticleApple's Touch-Panel Appetite Leaves Little for Rivals
Apple is to the touch-panel business what Starbucks is to the coffee business–a market maker and mover. Particularly a mover. To wit: Claims today that Apple’s voracious appetite for the component is...
View ArticleApple Blows It Out…Again
Apple’s March quarter saw, among other things, the iPhone’s debut on Verizon, the launch of the iPad 2 and the new Thunderbolt-equipped MacBook Pro line as well. No wonder it was a blowout. Posting...
View ArticleApple Confirms Mac OS Lion Launching on Wednesday
Apple confirmed that it plans to launch the next version of its Mac OS X operating system, Lion, on Wednesday. Speaking on a conference call with analysts on Tuesday, CFO Peter Oppenheimer confirmed...
View ArticleEarnings Preview: That's One Big, Powerful Apple
Apple will report its quarterly results today after the close of markets, and all indications are that the company will report nothing but strength on all fronts. It will, of course, be Tim Cook’s...
View ArticleApple Results Fall Short of Consensus
Here’s a quick first take on Apple’s quarterly results as released just moments ago. Apple shares fell $21.78, or more than 5 percent, in after-hours trading on the news. Sales were $28.27 billion and...
View ArticleApple Hasn't Sold So Few iPods Since 2005
Sales of Apple’s iPod continue to decline in the face of the growth of its newer product lines. Apple sold 6.62 million iPods in its fourth quarter of 2011, a 27 percent decline on the year. The last...
View ArticleApple: Was It Really So Bad?
Apple reported its quarterly results a little while ago, and its conference call with analysts is set to begin at 2 pm PT. The results fell short of what analysts had expected. The main culprit —...
View ArticleChina Now Accounts for 16 Percent of Apple Revenue
One of the standouts from today’s Apple earnings call was the level of insight new CEO Tim Cook gave into Apple’s emerging markets, particularly its blockbuster growth in China. China, which is the...
View ArticleFire Will Kindle Interest in iPad
Amazon’s new Kindle Fire tablet isn’t a threat to the iPad. It’s a benefactor. That’s the new theory being put forth by J.P. Morgan analyst Mark Moskowitz, who believes the Fire will end up being a...
View ArticleApple Unveils Cash Plan Monday Morning
Apple has around $100 billion in cash sitting on its books. What on earth will it do with it all? Wall Street has been asking the company some version of this question for years, and now investors may...
View ArticleA Countdown to Apple's Cash Conference Call
About two hours from now, one of the great business questions that has persisted for a little less than a decade is going to be answered: What will Apple do with all the cash it has accrued on its...
View ArticleApple Starts Spending Its Cash: Dividend Plus Share Buyback
Apple didn’t wait until its conference call this morning to disclose what it’s going to do with its $100 billion cash hoard: It will start cutting dividend checks, and will buy back some of its shares...
View ArticleWhat's Behind the Drop in Kindle Fire Shipments?
Once hailed as the first true rival to the iPad, Amazon’s Kindle Fire no longer seems to be much of a threat to Apple’s tablet. The Fire had no impact on Apple’s March-quarter iPad sales. Indeed,...
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