Apple Inc. (NASDAQ:AAPL) plans to spend $100 billion in share buy-backs in the next few years. AAPL recently sold $17 billion’s worth of corporate bonds in order to fund its buy-back plan. During FY 13 second quarter earnings call Apple Inc. (NASDAQ:AAPL) announced that it has a cash balance of $145 billion where two-thirds of this money is in overseas subsidies. … Read More
Apple Inc. (AAPL) Retina MacBook Pro Shipping Estimate Improves to 1-2 Weeks
Apple Inc. (AAPL) introduced their new Retina MacBook Pro during the company’s annual WWDC conference and since then has begun shipping the new device to all of its retail stores, as well as making it available for purchase online. About a week ago, the shipping estimate for the Retina MacBook Pro improved to 2-3 weeks. Since then, the shipping estimate … Read More
Apple Inc. (AAPL) Q4 2011 Earnings Call Set For October 18th
On Thursday, Apple Inc. (NASDAQ:AAPL) sent out a press release for their Q4 2011 Earnings conference call, scheduled for October 18th. AAPL will announce, with this conference call the earnings for the fourth fiscal quarter of the 2011 year, which is the third calendar quarter. The conference call will go live around 5PM Eastern/ 2PM Pacific and will be available for … Read More
Apple (AAPL) Reports Highest Revenue and Earnings Ever [Q4 Results]
Apple (NASDAQ:AAPL) on Monday reported the best Q4 results ever. They reported a record revenue of more than $20 billion and net quarterly profit of $4.31 billion. The Company sold 14.1 million iPhones, 4.19 million iPads and 9.05 million iPods. The iPhone represented 91 percent unit growth over the year-ago quarter while the iPods saw 11 percent unit decline. Steve Jobs made … Read More