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Apple Financial

The foolhardy notion that Apple is "too rooted to hardware" and that hardware is "becoming a commodity."

Venture Capitalist Fred Wilson recently spoke at the TC Disrupt conference in NYC where the outspoken investor had some interesting things to say about Apple. Not one to mince words, Wilson boldly proclaimed that Apple by 2020 will no longer be...

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Apple stock tops $600 per share for first time in 18 months

Since posting stellar earnings last week, not to mention the announcement of a widely-expanded capital return program, shares of Apple have been on the rise in a major way. During the last three trading days alone, Apple shares have increased by...

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Tim Cook says Apple is "on the prowl"; acquired 24 companies in the last 18 months

During Apple's earnings conference call yesterday, an analyst pointed out that companies like Google and Amazon are increasingly diversifying their business while Apple doesn't seem to be following suit. The analyst subsequently asked about Apple's...

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Apple Q2 2014 Earnings Call liveblog

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Apple Q2 2014 earnings results

The results are in: Apple just announced its financial results for the second quarter of fiscal year 2014 (ending March 31, 2014) and here are the highlights. Apple posted quarterly revenue of $45.6 billion and quarterly net profit of $10.2...

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No TUAW TV today; Join us at 5 PM ET for Apple Q2 2014 earnings call liveblog

Time flies when you're having fun. It seems like it was only yesterday that we were sitting down to report Apple's first quarter results for the 2014 fiscal year. Today at 5 PM ET, TUAW TV Live will be pre-empted for the second quarter earnings...

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Ahead of earnings, analysts anticipate uptick in Mac sales and slight downturn in iPad sales

Come Wednesday after the bell, all eyes will be on Apple's earnings report for the March quarter. While the key metric investors will be looking at the ever-critical iPhone sales numbers, it's just as important to keep close tabs on the health of...

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Analysts chime in on Apple's Q2 2014 iPhone sales figures

With Apple's earnings report slated for next Wednesday, all eyes will be focused on how many iPhones the company sold during the quarter gone by. As the prime source of Apple's quarterly revenue and profits, iPhone sales are often looked at as a...

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Apple's corporate peers in the $10B quarter club all have something in common

After Apple posted its earnings from the quarter gone by last week, the company's stock price went into an absolute freefall, dropping by US$50 in the span of just three days. Today, Apple shares are trading in the low $500 range, representing about...

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Join us for a liveblog of Apple's fiscal year 2014 first-quarter earnings call

Today's the day that all of the Wall Street analysts have been waiting for -- Apple's first earnings call of the year will happen at 5 PM ET, and TUAW will be liveblogging the event. To join us, come back at that time and we'll provide you with...

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CalPERS exec criticizes Icahn's plans for Apple stock

One very prominent Apple investor isn't happy with "activist investor" Carl Icahn and his plans to return more money to shareholders. Anne Simpson, head of corporate governance for the California Public Employees' Retirement System (CalPERS), was...

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33 years ago today, Apple launched its IPO

On December 12, 1980, Apple became a public company when it launched its IPO. Shares were initially priced at US$22, making a number of Apple employees, including a young Steve Jobs, instant millionaires. EDN reports: The shares sold out almost...

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Analysts have high expectations for iPhone sales on China Mobile

Assuming that the iPhone/China Mobile agreement is finalized before the end of 2013, analysts have been quick to chime in with estimates regarding how such a deal will affect Apple's iPhone sales and the company's bottom line. AllThingsD was able...

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AAPL hits 52-week high

Perhaps it was the reports of huge volumes of iPads heading out the doors of retailers on Black Friday, or maybe it is Carl Icahn's shareholder proposal that's doing the trick. Whatever the case, shares of AAPL hit a 52-week high today, reaching...

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Carl Icahn files shareholder proposal in effort to actualize larger stock buyback

Well, if there's one thing most can agree on when it comes to activist investor Carl Icahn, it's that he's persistent. In an exclusive interview with Time, the billionaire investor reveals that he recently filed a shareholder proposal to be raised...

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Analysis: Only one-third of Samsung smartphone sales are of iPhone class

Daniel Eran Dilger at AppleInsider took a look at the numbers reported at Samsung Mobile's investor meeting today and reports that numbers show that the company sold fewer high-end smartphones than Apple this year. News from the meeting wasn't too...

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