Finance Articles on TUAW - The Unofficial Apple Weblog

Mint adds split-transactions and budget adjustments to iOS app, 40% of users now mobile-only

by Michael Grothaus (May 23rd, 2012)

Popular personal finance site Mint.com is launching an update to its iOS app today that adds the ability to split transactions and adjust budgets on the fly. Those two new features were the most requested from users and make an already excellent app even better. Intuit gave me a sneak peek of the ...

Dan Hesse certain the iPhone will be profitable for Sprint

by Kelly Hodgkins (May 17th, 2012)

Sprint's CEO Dan Hesse signed an estimated US$15.5 billion deal with Apple to carry the iPhone. After a less than stellar quarterly performance, the CEO is trying to quell shareholder discontent by publicly defending his decision, says a report in AllThingsD. Speaking at an annual ...

Apple sales in China growing rapidly

by Kelly Hodgkins (May 10th, 2012)

Apple said during its recent earnings conference call that sales in China are booming, and now a report from Beijing Business Today shows us just how quickly Apple is making inroads into the Asian country. According to the report, Apple's Q2 2012 sales have tripled from the same quarter last ...

AT&T considers "Family Plans" for wireless data

by Erica Sadun (May 8th, 2012)

During an interview with CNET, AT&T's mobile business CEO Ralph de la Vega revealed the company would soon introduce a family data plan. This would allow customers to buy a sharable data bucket, letting that purchased bandwidth be used across multiple devices. de la Vega told CNET that he ...

Talkcast tonight: Profits, taxes and WWDC at 10 pm ET / 7 pm PT

by Kelly Guimont (Apr 29th, 2012)

Another quarter, another blowout. While analysts and pundits imagined that domestic iPhone sales would signal an end to the gravy train, international demand pushed the handset past the 35 million mark and shot AAPL back above the $600 line. Even with the iPad refresh hitting at the end of the ...

Irish Prime Minister visits Apple's European headquarters

by Michael Grothaus (Apr 28th, 2012)

One week after Apple announced it would create another 500 jobs at its European headquarters in Cork, Ireland, the employees there got a visit from none other than Ireland's Prime Minister Enda Kenny. The visit happened yesterday, reports MacWorld UK, and during that time Kenny was snapped ...

Sprint sold 1.5 million iPhones to new customers in Q1

by Kelly Hodgkins (Apr 25th, 2012)

Sprint announced its quarterly earnings on Wednesday and the results were disappointing as expected. The carrier posted a net loss of US$863M and cash reserves are now at a razor thin $7.6 billion. In the midst of this doom and gloom, one bright spot for Sprint was the iPhone. The carrier ...

Time magazine explores Apple's success

by Kelly Hodgkins (Apr 25th, 2012)

TIME Business has a short, but poignant article from Sam Gustin about Apple and its business strategy. Unlike similar articles that focused on Steve Jobs and his leadership style, this article looks at Apple as a whole. Gustin says that Apple has a winning combination of innovation, execution ...

Daily iPhone App: Bills is a colorful bill management and payment tracking app

by Kelly Hodgkins (Apr 19th, 2012)

Bills from Sockii recently landed in the iOS App Store, and we took the bill tracking app for a spin. Like its competitors, Bills has all the core features you need to track and organize your bills. It has statistics to let you see where your money is being spent, categories to help you ...

Report: iPhone 4S sales slowing in developing market

by Kelly Hodgkins (Apr 19th, 2012)

Analyst T. Michael Walkley of Canaccord Genuity told investors in a Thursday research note that iPhone 4S sales are slowing in "certain developed markets," according to a report by AppleInsider. Some of this slowdown can be attributed to a fresh crop of dual-core and quad-core Android phones ...

CNN Money: New York Times gets Tim Cook's earnings wrong

by Kelly Hodgkins (Apr 9th, 2012)

The New York Times ran a report over the weekend that claimed Tim Cook was a million-dollar-a-day CEO. Acording to a follow-up report from CNN Money, that estimate is way off. The CNN report claims the NYT was correct with the CEO's yearly salary of US$900,000, but made a mistake when it ...

Most iOS devices in China sold to customers in urban areas

by Kelly Hodgkins (Apr 9th, 2012)

A report from Chinese strategic advisory firm Stenvall Skoeld suggests that Apple has a 10 percent penetration rate in China with the highest levels of ownership found in urban centers like Beijing, Guandong and Shanghai. The lowest percentage of ownership was found in Tibet which had a 0.1 ...

Apple's Q2 2012 earnings call scheduled for April 24

by Kelly Hodgkins (Apr 3rd, 2012)

Apple confirmed on its investor website that it will disclose its Q2 2012 financial results on Tuesday, April 24 at 2:00 pm PT (5:00 pm ET). Just like it has done in the past, Apple will provide an audio webcast of the earnings conference call. ...

Apple stock soars, market value close to entire retail sector

by Kelly Hodgkins (Mar 14th, 2012)

If you haven't noticed, Apple's stock was soaring today. It closed at US$589.58, another all-time high, and is up +21.48 for the day. As financial analysts pour over these numbers, they are discovering some amazing trivia about this off-the-charts growth. Morgan Stanley's Katy Huberty may have ...

Daily iPhone App: Cash Lender is great for reminding what you're owed

by Megan Lavey-Heaton (Mar 9th, 2012)

It's the way of things: Someone needs a dollar so they can hit up a vending machine. You spot a friend when they forget metro fare. You help a family member out when a utility is in danger of being cut off. Eventually all those dollars and cents add up, and you realize that a lot of people owe you ...