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...]

AAPL over $300 for the first time

For the first time in its history Apple’s stock AAPL traded over $300 today. Most analysts have targets for AAPL in the range of $340 … [continue reading...]

Analyst estimates 21 million iPads for 2011, raises AAPL target to $390

In a note to clients, Piper Jaffray’s Gene Munster said that he expects Apple to sell 21 million iPads in 2011. The number is 6.5 … [continue reading...]

AAPL historically gains after Apple September event

In a note to clients, Piper Jaffray’s Gene Munster said that since 2005 Apple has hosted an event in early September every year, and shares … [continue reading...]

Steve Jobs tops CEO overachievers list

CNN Money named Steve Jobs, the top overachiever CEO. The list includes Fortune 100 CEOs that led their companies to outperform the S&P 500 last … [continue reading...]

Apple has tons of cash but doesn’t pay dividends. Why?

While some of Wall Street analysts say that Apple should pay dividends to shareholders with the amount of cash the company reserves, it doesn’t look … [continue reading...]

Analyst sets new target for Apple (AAPL) at $375

In a note to clients Monday, Needham’s Charlie Wolf, wrote that Apple has the potential to exceed estimates. He set a new target price for Apple … [continue reading...]

Apple grows 37% per year and it doesn’t look like it will stop soon

Philip Elmer-DeWitt at Fortune wrote today that when a company is growing with a high rate, like Apple is doing over the last year, chances … [continue reading...]

These charts can tell Apple’s amazing story

If a picture is worth a thousand words, then these three charts can tell the amazing Apple story over the last years. The first chart shows … [continue reading...]

Apple reports record revenue of $15.7 billion for 2010 third quarter

Apple today announced financial results for its fiscal 2010 third quarter ended June 26, 2010. The Company posted record revenue of $15.7 billion and net … [continue reading...]

Apple's FY 10 Third Quarter Results Conference Call scheduled for tomorrow

Apple announced today that the conference call for the company’s FY 10 Third Quarter Results, scheduled for tomorrow, will begin 5.00p EDT.
WHAT: Apple FY 10 … [continue reading...]

J.P. Morgan sets new target price for Apple at $390

In a note to clients, J.P. Morgan’s analyst Mark Moskowitz, raised his firm’s target price for Apple more than 24%, from $316 to $390. ”Apple stands to … [continue reading...]

Merrill Lynch sets new target for Apple’s stock (AAPL) at $325

Scott Craig, a Bank of America/Merrill Lynch analyst, raised his estimates for Apple’s third quarter revenue and earnings and upped his share price target from … [continue reading...]

Apple now the largest technology company in the world

AAPL 1990-2010
According to market capitalization, Apple is now the largest technology company in the world. Apple passed Microsoft on Wednesday to take the first place … [continue reading...]

Apple surpasses Microsoft in S&P 500 index

 

Apple today became the second-largest company, in terms of market capitalization, on the S&P 500 index. Apple’s float-adjusted market cap reached $241.5 billion, surpassing Microsoft … [continue reading...]

ARM’s CEO on Apple bid rumor: ‘Nobody has to buy the company’

Rumors started to surface yesterday that Apple might considering a bid for ARM Holdings, the chip maker that powers most of Apple mobile devices. ARM’s chief … [continue reading...]

Apple sold 2.94M Macs, 8.75M iPhones in second quarter

Apple sold 2.94 million Macs during the second quarter ended March 27, 2010, a 33% increase over a year ago. In addition Apple sold 8.75 million iPhones … [continue reading...]

iPad demand stronger than initially thought

Just five days before the iPad goes on sale, a report suggests there is more demand for iPads than initially thought. Morgan Stanley’s Katy Huberty says … [continue reading...]

Apple executives sold 1 mil restricted shares

More than a million restricted shares of Apple stock became fully vested Wednesday.
Tim Cook, COO, sold 300,000 shares clearing $68.8 million.
Peter Oppenheimer, CFO, sold 200,000 shares … [continue reading...]