Apple sold more than 37 million iPhones, 15 million iPads during the holiday season quarter

Apple announced another record breaking quarter today. The Cupertino based company posted record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 … [continue reading...]

Apple reports $6.62 billion net profit for the 4th quarter FY2011 but Wall Street is not impressed

Apple announced today results of another solid quarter. The Cupertino-based company posted quarterly revenue of $28.27 billion and quarterly net profit of $6.62 billion for the … [continue reading...]

Apple to announce FY 2011 Fourth Quarter Results on October 18

Apple scheduled a call today to announce its FY 2011 Fourth Quarter Results. The call scheduled for October 18. Apple will provide a live audio … [continue reading...]

Steve Jobs resigns as Apple CEO, remains on Board of Directors

Steve Jobs announced today that he is stepping down from Apple’s CEO position. In a letter to the Board of Directors and Apple Community Jobs … [continue reading...]

Apple posts record FY 2011 Q3 results, $28.57 billion revenue, 20+ million iPhones, 9+ million iPads

Apple today announced financial results for its fiscal 2011 third quarter ended June 25, 2011. The Company posted record quarterly revenue of $28.57 billion and … [continue reading...]

Apple is doing great but why investors don’t like AAPL?

In a interesting post at Forbes.com, Brian Caulfield outlines the reasons why investors don’t like Apple although the company is reporting amazing results quarter after quarter. … [continue reading...]

Apple posts record FY 11 Second Quarter revenue of over $24 billion

Apple today announced financial results for its fiscal 2011 second quarter ended March 26, 2011. The Company posted record second quarter revenue of $24.67 billion … [continue reading...]

Apple to announce FY 2011 Second Quarter results this Wednesday, April 20

Apple issued an alert today notifying media that it will announce second quarter results for Financial Year 2011 on Wednesday April 20. The company will … [continue reading...]

Apple to announce Q2 FY11 earnings, including iPad 2 sales, on April 20

Apple announced today that plans to conduct a conference call to discuss financial results of its second fiscal quarter on Wednesday, April 20, 2011 at … [continue reading...]

Warren Buffett prefers Coca-Cola over Apple

Warren Buffett, one of the most successful investors in the world, said that he prefers to invest in Coca-Cola than Apple. Bloomberg reports that Buffett … [continue reading...]

Apple reports record revenue of $26 billion and record quarterly profit of $6 billion for FY 2011 Q1

Apple today announced financial results for its fiscal 2011 first quarter ended December 25, 2010. The Company posted record revenue of $26.74 billion and record … [continue reading...]

Apple’s stock takes hit internationally following Steve Jobs Leave of Absence news

While New York Stock Exchange (NYSE) is closed today due to the Martin Luther King holiday, Apple’s stock took a big hit internationally following the … [continue reading...]

Apple to announce FY 11 First Quarter Results on January 18

Apple issued a media alert today notifying media members on the details for the FY 11 First Quarter Results call. The call is scheduled for … [continue reading...]

Steve Jobs continues to receive annual salary of $1 from Apple

Apple posted the proxy statement for the upcoming 2011 shareholders meeting scheduled for February 23. According to the document Steve Jobs annual salary remained at … [continue reading...]

AAPL breaks the $300 billion in Market Capitalization barrier

First NYSE day of the new year and AAPL broke a pretty significant barrier. Earlier today AAPL was traded at over $329 per share bringing … [continue reading...]

Apple to host conference call on January 18 to discuss FY 2011 first quarter results

Apple announced that the company will host a conference call on January 18 to discuss financial results for the first fiscal quarter of 2011 (fourth calendar … [continue reading...]

Goldman Sachs sets target price for AAPL at $430

In a note to clients, Goldman Sachs’ Bill Shope set a target price of $430 for Apple’s stock. Shope wrote that Apple’s platform-centric model creates growth and … [continue reading...]

Can AAPL reach $500? This is how it can happen

Trefis recently updated its target price for Apple’s stock from $365 to $400. The company asks the question: “what drivers could justify a $500 stock … [continue reading...]

Apple reports record revenue of over $20 billion for FY 2010 fourth quarter

Apple today announced financial results for its fiscal 2010 fourth quarter ended September 25, 2010. The Company posted record revenue of $20.34 billion and net … [continue reading...]

Apple provides details for the FY 10 Fourth Quarter Results Conference Call

Apple today issued a media alert with details on the FY 10 Fourth Quarter Results Conference Call. You can listen live over the phone or … [continue reading...]