Tag Archive | "earnings"
Apple posts best quarter EVER – $20.34 Billion in revenue and $4.31 billion in profit
And the band played on. Once again, Apple blew away Wall St. expectations with a blowout quarter of $4.31 billion in profit on $20.34 billion of revenue. In the same quarter a year-ago, Apple posted revenue of $12.21 billion and profits of $2.53 billion. Yes folks, that’s more than a 50% increase in both revenue […]
Continue reading...What analysts are expecting from Apple’s earnings report
Monday, October 18, 2010
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Ahead of Apple’s earnings report, analysts continue to adjust and calibrate their financial estimates for the consumer electronics giant. But analysts aren’t the only ones taking notice. Investors finally seems to have internalized how strong Apple’s financials are, rewarding the stock with an unprecedented run up to $319 as of this morning. Apple’s earnings report will […]
Continue reading...Analyst ups Apple stock target to $360 citing lack of viable iPad competitor
Thursday, September 30, 2010
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Philip Elmer-DeWitt reports on a research note from analyst Doug Reid of Stiefl Nicolaus who recently upped his stock target for Apple shares to $360 citing strong iPad demand. Reid sharply increased his estimate for iPad unit sales in Apple’s fourth fiscal quarter to 5.4 million from 3.6 million, citing “robust demand” in the U.S. […]
Continue reading...Apple set to release earnings tomorrow as revenue race with Microsoft narrows
Monday, July 19, 2010
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Tomorrow afternoon, Apple will release its earnings from the quarter gone by. Over the past few quarters, Apple has consistently blown by analyst estimates while delivering jaw dropping results that continue to pleasantly surprise both analysts and investors. Moreover, some anticipate that when Apple and Microsoft both release their earnings later this week, Apple’s quarterly revenue […]
Continue reading...Apple now largest US maker of phones
Friday, April 30, 2010
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Apple recently surpassed Motorola to become the largest US maker of phones. Motorola yesterday released its earnings for the 1Q of 2010 and reported a total of 8.5 million in phone sales. Apple meanwhile sold 8.8 million phones during the same quarter. The fall of Motorola just goes to show how quickly things move in […]
Continue reading...ARM Holdings reports record revenue and profits
Wednesday, April 28, 2010
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ARM Holdings, the London-based company whose chip designs reside in nearly 98% of the world’s mobile phones announced this week that it set all-time highs for both revenue and profitability during its most recent quarter. ARM CEO Warren East, who recently dispelled recent rumors that Apple was going to buy his company, explained that the record […]
Continue reading...AT&T releases earnings, reports 2.7 million iPhone activations
Wednesday, April 21, 2010
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AT&T released their earnings for the first quarter of 2010 and reported EPS of $0.42 on revenue of $30.6 billion. AT&T also stated that they activated 2.7 million iPhones during the quarter, and that more than 1/3 of those iPhone users were new AT&T subscribers. During the last quarter, AT&T recorded 3.1 million iPhone activations, […]
Continue reading...Live reporting from Apple’s earnings conference call
Tuesday, April 20, 2010
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– 8.75 million in iPhone sales, eclipsing previous record which was during last years holiday quarter – iPhone now sold on 151 carriers across 81 countries – 1.68 billion compared to 1.38 billion, 22 percent increase apple retail stores – Half of Macs sold at Apple Stores were to customers who never owned a Mac […]
Continue reading...Apple reports blockbuster earnings, profits up 90%
Tuesday, April 20, 2010
Apple today wowed investors this afternoon with an impressive earnings report that toppled Wall St. estimates yet again. For the 2Q of 2010, Apple reported EPS of $3.33 a share on revenue of $13.5 billion. Net profits for the quarter came in at $3.07 billion, which is nearly 90% higher than Apple’s profits from the […]
Continue reading...Credit Suisse ups Apple stock target to $300
Saturday, March 27, 2010
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As Apple’s share price continues to reach new all-time highs on what seems like a daily basis, Credit Suisse analyst Bill Shope on Friday upped his target for Apple’s share price to $300 citing the potential of the iPad to further solidify Apple’s bottom line. In turn, Shope increased his EPS estimate for the current […]
Continue reading...Palm shares hit 52 week low after disappointing earnings
Monday, March 22, 2010
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When former Apple executive Jon Rubenstein joined the ranks of Palm a while back, it was widely believed that Palm and its new webOS would make a noticeable splash in the smartphone market. Sales of Palm’s flagship device however, the Palm Pre, have been underwhelming and Palm is now skating on financially thin ice. Things […]
Continue reading...Analyst raises target on Apple stock to $260, anticipates 55 million iPhones in 2011
Thursday, March 11, 2010
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In a recent note to investors Merrill Lynch analyst Scott Craig wrote that Apple is on target to sell approximately 33 million iPhones in 2010, a figure he believes is attainable regardless of whether or not Apple strikes a deal to sell the iPhone on Verizon. Looking forward to 2011, Craig writes that Apple will be […]
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Monday, October 18, 2010
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