Archive | July 24th, 2012
Apple posts earnings for third fiscal quarter
Apple today released earnings from the last quarter and posted revenue of $35 billion and a profit of $8.8 billion. Overall, EPS came in at $9.32 a share. In the same quarter a year-ago, Apple posted revenue of $28.6 billion, a profit of $7.3 billion, and EPS of $7.79 a share. The Company sold 26.0 […]
Continue reading...US Senator Charles Schumer lambasts DOJ for its antitrust lawsuit against Apple over eBook pricing
24. July 2012
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Nearly three months ago, the US DOJ curiously decided to sue Apple and a host of other publishers alleging that the parties conspired togeter in an efort traise the price of eBooks. Apple, along with the publishers in question, have vhemently denied the allegations while explaining that their pricing agreements actually serve to further competition […]
Continue reading...Study finds unprecedented consumer interest in the iPhone 5
24. July 2012
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Apple will release its earnings for its third fiscal quarter of 2012 tomorrow, and per usual, analysts are scrambling to update their projections for Apple’s earnings and sales figures for the quarter. While Apple has an impressively consistent track record when it comes to beating Wall Street earnings estimates, some analysts recently lowered their projections […]
Continue reading...Apple planning to release 4-inch iPod Touch alongside redesigned iPhone-esque iPod Nano
24. July 2012
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With the resounding success of the iPhone, Apple’s iPod line has been languishing over the past few years. So while iPhone growth continues to increase by leaps and bounds, Apple’s iPod sales have been trending downwards for a few quarters now. But the iPod still generates a few billion bucks for Apple each quarter and […]
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24. July 2012
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