John Gruber had a great piece up last week comparing Amazon’s general strategy as it pertains to its Kindle hardware and its accompanying media content with Apple’s own strategy with respect to hardware. Amazon’s approach to selling media is in many ways platform agnostic. You can read Kindle books not just on Kindle hardware, but […]
Continue reading...Monday, August 20, 2012
Comments Off on I’m sorry Microsoft, but Apple has the highest market cap of all time
Apple’s markt cap now makes it the most valuable company of all time. The stock today has been on a rampage, climbing upwards of 2.21% for a market cap of $620 billion. The intraday high for the shares checked in at $664.75 a share. Network World reports: The previous market cap record was set by […]
Continue reading...Thursday, August 16, 2012
Comments Off on Apple to pay out dividend of $2.65/share today
Over the past few years, Apple’s bank account has exploded to where they now have over $100 billion dollars at their disposal. As a result, many have long wondered just what exactly Apple is planning to do with all that cash. For a while, the company brass explained that they were keeping it close so […]
Continue reading...Tuesday, July 24, 2012
Comments Off on 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...Tuesday, May 29, 2012
Comments Off on Apple as a great dividend stock
Parsimony Investment Research makes the case: It’s clear that Apple has the potential to become one of the greatest dividend growth stocks ever. While we don’t necessarily think that this is the current mission for Apple execs, the stock should become a core holding in your DIY Dividend Portfolio in the coming months.
Continue reading...Monday, April 30, 2012
Comments Off on Apple’s profits and growth rates visualized [Charts]
Following another one of Apple’s blowout quarters which sent shares of Apple back up to the $600 range, The Atlantic put together a few charts to help contextualize just where Apple’s money is coming from and what products continue to drive revenue to unprecedented heights. Apple Revenue by Product Here we Apple’s revenue broken up […]
Continue reading...Wednesday, April 25, 2012
Comments Off on Numbers and stats to digest from Apple’s Q2 2012 earnings conference call
Following Apple earnings announcements, Tim Cook and CFO Peter Oppenheimer typically field a few questions from analysts. Below are a few numbers that were touched upon yesterday that are worthy of looking at. Macintosh Mac sales grew 7% year over year, and though this was lower than what analysts were hoping for, Apple this past […]
Continue reading...Tuesday, April 24, 2012
Comments Off on Apple posts Q2 2012 earnings, profits soar 93% on sales of 35 million iPhones and 11.8 million iPads
Apple a few minutes ago released its earnings for its second fiscal quarter of 2012 and recorded $39.2 billion in revenue and net quarterly profit of $11.6 billion. EPS checked in at $12.30 per share. During the same Q2 quarter a year-ago, Apple posted revenue of $24.7 billion along with a net quarterly profit of […]
Continue reading...Monday, April 16, 2012
Comments Off on Gene Munster anticipates 30.5 million in iPhone sales, 12 million in iPad sales in Q2 2012
With earnings season getting underway (Google just released their Q1 2012 earnings yesterday), Apple is next on deck and will release their Q2 2012 earnings on April 24, 2012. With that date fast approaching, Piper Jaffray analyst Gene Munster has updated his projections for Apple’s quarterly sales figures. Specifically, Munster anticipates Apple will record sales […]
Continue reading...Tuesday, April 10, 2012
Comments Off on Jim Cramer calls Apple the “greatest growth stock of our lives”
As I type this now, shares of Apple are trading in the $642 range. In the past 6 months, the stock has skyrocketed nearly 65%, and the crazy thing is that it may keep on ascending skyward for some time. Last week, analyst Brian White put a $1001 stock target on Apple shares. Meanwhile, other […]
Continue reading...Monday, March 19, 2012
Apple today announced plans to initiate a stock buyback and dividend with its ever growing stockpile of cash. The stock buyback program will be worth $10 billion while the dividends, set to be paid during the Q4 of 2012, will be $2.65 a share. MacRumors has the full rundown of the conference call held earlier […]
Continue reading...Monday, March 19, 2012
Apple on Sunday night issued a media alert for a conference call set for 9AM eastern standard time. The topic? What Apple plans to do with its close to $100 billion in cash and securities. WHAT: Tim Cook, Apple’s CEO, and Peter Oppenheimer, Apple’s CFO, will host a conference call to announce the outcome of […]
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Thursday, September 20, 2012
Comments Off on Amazon’s Kindle strategy as compared to Apple’s iPad strategy