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Tag: finance

Q4 Earnings call turns to iPad philosophy

Normally iPads debuted in March. Today, Apple CEO Tim Cook offered some insight as to why during the Q4 earnings call. Apparently K-12 makes their purchases for the next school year around June. Higher education can and does buy later. Cook stated that he believed the newly refreshed iPad would ...

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Shopping for your iPad: Picking the pad that best suits you

In a move that surprised most of us here at TUAW, Apple updated its signature iPad to a fourth generation without end-of-life-ing its second-generation, budget iPad 2. This fall, Apple will offer three distinct iPad models for sale, with quite a bit of overlap between the choices. You'll be ...

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AAPL sets another record: $700 in after-hours trading

I've been preaching AAPL for as long as I've been long on the stock -- or about 10 years now. In that time Apple has gone from being just another PC manufacturer to being the most valuable company on the planet and the master of the mobile handset world. Only three years ago, the stock was ...

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Will Apple hit a $1 trillion market valuation?

A maelstrom of headlines hit the internet yesterday claiming Apple was the most valuable company in history now that its market cap hit $622 billion. While this may not be true once you adjust Microsoft's 1999 record-setting value of $618.9 billion for inflation, the bigger question we should ...

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

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 ...

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Dan Hesse certain the iPhone will be profitable for Sprint

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 ...

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Apple sales in China growing rapidly

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 ...

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AT&T considers "Family Plans" for wireless data

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 ...

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

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 ...

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Irish Prime Minister visits Apple's European headquarters

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 ...

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Sprint sold 1.5 million iPhones to new customers in Q1

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 ...

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Time magazine explores Apple's success

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 ...

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

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 ...

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Report: iPhone 4S sales slowing in developing market

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 ...

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

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 ...

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