Last week Apple Inc. (NASDAQ:AAPL) reported the highest quarterly results in its entire history. AAPL posted record quarterly revenue of $74.6 billion and record quarterly net profit of $18 billion. These figures are certainly very impressive given the fact that every year analysts predict Apple’s doom. Here are 5 interesting facts to note from Apple’s earnings call. 1. Apple beat every company … Read More
Apple Inc. (AAPL) Q4 Financial Earnings Conference Call on October 28th
Apple Inc. (AAPL) will announce its Q4 FY13 earnings on October 28 during a conference call at 2:00 p.m. PT. AAPL CEO Tim Cook and CFO Peter Oppenheimer will discuss the results during the live earnings call. The company set an all new record this year with the iPhone sales. Apple Inc. sold 9 million devices (iPhone 5s and iPhone … Read More
Apple Inc. (AAPL) CEO Admits Release of Redesigned iMac Could Have Waited Until 2013
With Apple Inc. (NASDAQ:AAPL) under intense criticism over the past several months, it is not surprising that the company’s CEO, Tim Cook would come out and regret some of the steps they took in the past. Apple Inc. (NASDAQ:AAPL) has been seeing its stock in a tailspin, analysts worrying about gross margins, and many claiming that the company is lacking in … Read More
Apple Inc. (NASDAQ:AAPL) to Announce Q2 2013 Earnings Results on April 23
With the second fiscal quarter of 2013 (first calendar quarter) at an end, Apple Inc. (AAPL) is once again set to report its quarterly earnings. AAPL will announce the Q2 2013 earnings results on April 23, exactly 3 months after they announced the Q1 earnings of 2013. The company notified the public of this earnings call by posting the … Read More
Apple Inc. (AAPL) Launches 128GB iPad
Last week Apple Inc. (AAPL) announced that it would be offering a new iPad model with more storage. Today AAPL began offering the 128GB iPad on its online store with shipping estimate as 1-3 business days. The higher capacity iPad is available in WiFi and WiFi + cellular models. The cellular models will be available with AT&T, Sprint and Verizon. … Read More
Apple Inc. (AAPL) Announces Financial Results for Q1 2013, $13.1 Billion Profit on $54.5 Billion in Revenue
Earlier this week, Apple Inc. (AAPL) announced its financial results for the fourth quarter of 2012 and the first fiscal quarter of 2013, marking the best quarterly results ever in the company’s history. Last year, during this quarter, AAPL posted revenue of $46.33 billion and net quarterly profit of $13.06 billion, or $13.87 per diluted share. For this quarter, the … Read More
Apple Inc. (AAPL) to Open Wangfujing Street Retail Store, Third Store in Beijing
Early last week, reports of Apple Inc. (AAPL) opening a third store in Beijing were published, with photos from chinese site MicGadget showing the entrance of the new store under construction. On Sunday, Apple confirmed that they are going to open the third store in Beijing, located on the iconic Wangfujing Street. The Cupertino, Calif., company confirmed that the store … Read More
Apple Inc. (AAPL) to Announce Q4 2012 Earnings on October 25th
Apple Inc. (AAPL) recently updated their investor relations page to mention that they are going to announce their Q4 quarter earnings. This is the third calendar quarter of the year and is scheduled for Thursday, October 25th. AAPL will live stream an audio webcast 5:00 PM Eastern / 2:00 PM Pacific which is generally the time that the Cupertino company … Read More
Apple Inc. (AAPL) Reports Q2 2012 Earnings: $39.2 billion in Revenue
Apple Inc. (AAPL) on Tuesday reported their Q2 2012 earnings results. As always, AAPL is showing record numbers from revenue to profit and is seeing great increase in the sales of their mobile devices. The company reported quarterly revenue of $39.2 billion and quarterly net profit of $11.6 billion. That’s roughly $6.40 per diluted share, which is up almost 94% … Read More
Apple iPad 2 Sales Unaffected by Kindle Fire Release
Many tablets have been introduced in the market from companies looking to create the “iPad killer”. Top contenders include the Motorola Xoom and Kindle Fire, which failed to follow through with the original hype that it created upon release. On Tuesday, following Apple’s announcement of their 4th quarter earnings for 2011, an analyst during the earnings call, asked Apple CEO … Read More
Apple Inc. (AAPL) Pre-Releases Q2 2011 Earnings Figures?
In documents filed in a lawsuit against Samsung by Apple Inc. (NASDAQ:AAPL), dated April the 15th, AAPL seems to have let slip its iPhone and iPad sales figures for this quarter; quite possibly by accident. But then again, Apple doesn’t do much without a plan, so it may be part of an effort to slow a recent slump in their … Read More