Tag: Financial
iOS games spending overtakes dedicated games
App analytics firm App Annie has released a new report about portable gaming, and announced that iOS gamers are now spending more money on Apple's platform than on traditional handheld titles. The light blue above is last year's fourth quarter, the dark blue is this year's first quarter, and as ...
Apple's $17 billion bond deal is the largest in history
The Wall Street Journal reports that Apple made the largest corporate-bond deal in history on Tuesday, when it raised US$17 billion in bonds -- the first time the company has offered bonds in 20 years. In response, The New York Times asks, why would cash-rich Apple do this in the first place? ...
Apple suppliers had a very tough February
February is usually not a great month for the companies that supply Apple with its iOS and Mac device parts (Chinese New Year usually falls right in that month, and production in China always take a big downturn as people celebrate there). But this particular past February was especially bad, ...
Apple's reality distortion field has assumed Wall Street
Despite robust profits, strong revenue growth and excellent brand awareness, reports predicting the downfall of Apple continue to make headlines. This paradox has many people shaking their heads, but analyst Ben Bajarin has a theory as to why Apple is slipping on Wall Street, even though it ...
Apple's profit margin down, shares take a hit
We already know that iOS devices had a record-breaking quarter according to Apple's most recent earnings report, but that figure alone isn't enough to impress Wall Street. Unfortunately, while the company dodged a year-over-year loss in overall profit, the company's profit margin took a sizable ...
Apple announces Q1 2013 financial results
Apple has announced its Q1 2013 earnings. For the quarter that ended on December 31, 2012, the news is outstanding, with a record revenue of more than $54 billion and sales of more than 75 million iOS devices. In all, 47.8 million iPhones were sold in the quarter, as well as 22.9 million iPads ...
Join us for a TUAW liveblog of the Apple Q1 2013 earnings call
This afternoon, Apple CEO Tim Cook and CFO Peter Oppenheimer will host Apple's Q1 2013 earnings call to discuss the company's financial fortunes for the quarter ending December 31, 2012. As always, TUAW is hosting a liveblog of the event, during which we'll be providing commentary on the actual ...
Gartner contradicts IDC, says Mac shipments up in Q4 2012
Last week, IDC estimated that Apple's sales of Macs in the holiday quarter of 2012 were down 0.2 percent year over year. Today, Gartner released contradictory numbers showing an actual growth rate of 5.4 percent from the previous year. The entire PC market showed a slump in sales from 2011, ...
Apple taps Xerox's Luca Maestri as new corporate controller
Apple's adding a big name to the executive suites in March. Xerox Executive Vice President and CFO Luca Maestri has been named as the new corporate controller of Apple. Maestri will continue to work at Xerox through February 28 to "help manage the financial leadership transition." Maestri has ...
Apple Q1 2013 earnings call scheduled for January 23
Following what appears to have been a busy holiday season for Apple, the company announced this morning that the the Q1 FY13 (first quarter, fiscal year 2013) earnings call is scheduled for January 23, 2013. The Wednesday call will occur at 5 PM ET / 2 PM PT, after the close of the US stock ...
Eddy Cue sells $8.76M in AAPL stock
Bob Mansfield recently sold 35,000 shares of Apple stock and now it is Eddy Cue's turn to cash in some of his holdings. According to a filling with the US Securities and Exchange Commission, Cue sold off 15,000 shares of Apple stock for approximately US$584 per share. He walked away with $8.76 ...
Bob Mansfield sells over $20 Million in AAPL stock
Apple Senior Vice President of Technologies Bob Mansfield sold 35,000 shares of Apple stock at a price of $582, netting him a cool $20 million. This financial transaction was detailed in a SEC filing spotted by MacRumors. Earlier this year, Mansfield sold another chunk of Apple stock for ...
Seeking Alpha: Apple could make $4 billion a year from Android sales
Apple's cross-licensing deal with HTC seems like a good idea just from the viewpoint that it keeps the two companies out of the courtroom for a decade. Now J.M. Manness, writing for Seeking Alpha, points out that the deal and others like it could be a complete windfall for Apple. The company ...
ABC's Nightline looks at AAPL
After a botched Maps launch and limited supplies of its flagship iPhone 5, Apple's stock has sunk to a five-month low, and the company has lost almost US$130B in market value since September. A piece on ABC's Nightline profiles this drop in Apple's stock and offers its take on why AAPL is not ...
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TUAW (or The Unofficial Apple Weblog) is a website devoted to tips, reviews, news, analysis and opinion on everything Apple.