Tag: apple financial
Ranking Apple analysts
Philip Elmer-DeWitt at Apple 2.0 keeps track of the how well Wall Street analysts -- and amateur Apple watchers -- predict the fortunes of the company. An overzealous estimate of earnings that isn't met by a correspondingly big figure by Apple always seems to result in a hit on share price, so ...
Apple blasts shareholder lawsuit in court response
Just a few days after Apple CEO Tim Cook referred to a shareholder lawsuit spearheaded by Greenlight Capital fund manager David Einhorn as a "silly sideshow," the company filed its formal response to the lawsuit. As one would expect, the response is rather harsh. As noted in MacNN's analysis ...
Apple pays dividend to shareholders this Valentine's Day
Apple shareholders get an extra special Valentine's Day gift from Apple this week in the form of a dividend from the company, says a report in AppleInsider. This will be the third dividend paid to shareholders and will amount to US$2.65 per share. Shareholders will receive the payment on February ...
Apple's "disappointing" quarter out-performs hugely profitable companies
In many of the financial press accounts of Apple's Q1 2013 results, the terms "disappointing" and "flat" were used to describe the company's performance. Well, as you can see in the graphic above from Statista, Apple's performance was far and away better than that of any other US company. How ...
AAPL dropped below $500 on Monday
Apple 2.0 is reporting that Apple stock dropped to US$497 in pre-market trading this morning. That's the first time that the stock has been below $500 since February 15, 2012. On Sunday, Citigroup lowered its price target for AAPL and also downgraded the stock from Buy to Neutral. That bad news ...
Games top App Store revenue in 2012
Inside Mobile Apps looked at Apple's list of 2012's top apps and noticed that games dominate the numbers. The top iPhone paid app category, top iPhone grossing, top iPad paid and top iPad grossing are all games (Angry Birds Space, Kingdoms of Camelot: Battle for the North, Angry Birds Space HD ...
HTC 'happy' with Apple settlement
HTC chief executive Peter Chou told Reuters that his company is "happy" with its recent settlement with Apple. He also noted that press suggestions that HTC will pay Apple between $6 and $8 per phone sold as part of a licensing agreement is "outrageous." "I think that these estimates are ...
Apple to pay $2.5 billion dividend to shareholders today
Later today, Apple will pay a dividend to its shareholders for the second time in 17 years. You'll remember Apple announced its intention to pay a dividend "sometime in the fourth quarter of fiscal year 2012" last March. The company stated it will pay its shareholders a US$2.65 per share ...
Apple 4Q 2012 earnings reported
Apple has announced its fourth quarter 2012 earnings, which will be discussed on the upcoming earnings call. From the press release: 'We're very proud to end a fantastic fiscal year with record September quarter results,' said Tim Cook, Apple's CEO. 'We're entering this holiday season with ...
Daily Update for October 25, 2012
It's the TUAW Daily Update, your source for Apple news in a convenient audio format. You'll get all the top Apple stories of the day in three to five minutes for a quick review of what's happening in the Apple world. You can listen to today's Apple stories by clicking the inline player ...
Wall Street analysts weigh in on the iPad mini
Although Apple's stock fell sharply after the event yesterday -- it closed at around US$613 after opening the day at about $631 a share -- most Wall Street analysts are saying that the iPad mini will be a hit with consumers. The $329 starting price of the iPad mini was seen by Chris Whitmore ...
iPhone 5 supply still stretched
To those of us who are waiting ... patiently, I might add ... for our iPhone 5s to ship from Apple, it's obvious that the supply of the newest iPhone is constrained. John Paczkowski at AllThingsD reports that many Apple Stores are reporting low inventory of the iPhone 5, and that the online ...
Apple Q4 earnings call scheduled for October 25
Yesterday was the end of Apple's 2012 fiscal year and today, the company announced that it will hold its fourth quarter earnings call on Thursday, October 25 at 5 PM ET. The call will be the first real indication of how the iPhone 5 is doing in the market. As usual, TUAW will offer a liveblog of ...
Apple stock buyback to begin today
Part of Apple's plan to burn up a bit of that US$117.2 billion cache of cash starts today, according to Fortune's Philip Elmer-DeWitt. Over the next three years, Apple will use US$10 billion to repurchase shares of AAPL. Elmer-DeWitt notes that one Wall Street analyst, Bernstein's Toni ...
iPhone revenue greater than all of Microsoft's
The next iPhone is expected to launch next week and CNN Money decided it was a good time to run a list of superlatives related to the financial impact of Apple's smartphone. To start out with, Apple's iPhone business unit could be a Fortune 50 company on its own. That business unit is already ...