Financial Articles on TUAW - The Unofficial Apple Weblog

Liveblog of Apple 4Q 2012 earnings call

by Steven Sande (Oct 25th, 2012)

Today's the day for Apple's fourth-quarter 2012 earnings call. We'll be liveblogging the event, providing commentary on the event as it occurs. The fun starts at 5 PM ET sharp. Apple will be providing an audio stream of the earnings call, and the recording will be available for two weeks ...

Apple's struggle to keep secret documents sealed

by Kelly Hodgkins (Oct 19th, 2012)

After winning big against Samsung in a US court, Apple is now on the defensive, battling against the same court to keep its financial information secret, says a report in Ars Technica. On Tuesday, the company faced a setback in this battle when US Judge Lucy Koh refused to seal documents that ...

Apple acquires HTML5 design shop Particle

by Kelly Hodgkins (Oct 17th, 2012)

According to a report in CNET, Apple has quietly acquired Particle, a consulting company that specializes in web and HTML 5-based marketing projects. The company has worked with high-profile companies like Google, Motorola, Amazon, Yahoo and even Apple. It's also known for its celebrity backer, ...

iPhone app and debit card from Simple aim to streamline consumer finance

by Michael Rose (Jul 29th, 2012)

Considering the amount of time your wallet and your iPhone spend sitting right next to each other, is it any wonder that banks and payment services are making iOS job #1 for their mobile strategies? Big banks like Citi and Chase have capable iPhone apps for handling your money on the go, with ...

Apple gets paid for products faster than it has to pay for manufacturing

by Mike Schramm (Jul 23rd, 2012)

Here's yet another sign of what a great position Apple has put itself in in terms of manufacturing: According to the Wall Street Journal [paywall], the company gets paid by its customers much faster than it is required to pay its suppliers. The difference between the inflow of sales and the ...

Goldman Sachs lists Apple at the top for hedge funds holdings

by Kelly Hodgkins (May 28th, 2012)

Apple stock is attractive to a wide variety of investors, including those who put their money in hedge funds. According to a Market Folly report, Goldman Sachs released its Q1 2012 Hedge Fund Trend Monitor report and placed Apple's stock at the top of its list. Apple appears on 106 funds ...

Tim Cook declines dividends being paid to Apple employees

by Kelly Hodgkins (May 25th, 2012)

Apple's Board of Directors approved a dividend equivalent payment to employees holding restricted stock units, but this won't apply to Tim Cook, says a report in MacRumors. These RSUs vest after a period of time and are usually given to employees to entice them to stay with the company for a ...

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 ...

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 ...

Apple announces record quarter sales, 94% year over year net profit increases

by Erica Sadun (Apr 24th, 2012)

Apple just posted its Q2 2012 SEC filings. CUPERTINO, California-April 24, 2012-Apple ® today announced financial results for its fiscal 2012 second quarter ended March 31, 2012. The Company posted quarterly revenue of $39.2 billion and quarterly net profit of $11.6 billion, or $12.30 ...

Chinese customers investing in Apple's suppliers

by Kelly Hodgkins (Apr 24th, 2012)

It's a gold rush in China as investors line up to cash in on Apple's success by buying up shares in Apple's Asian suppliers, says a report in Reuters. Chinese law prevents investors from buying Apple directly, so many are turning to firms Apple mentioned on its recent supplier list. Even ...

Apple will webcast Q212 earnings release conference call on April 24

by Michael Grothaus (Apr 20th, 2012)

What is arguably the most anticipated earnings call on Wall Street every quarter will take place next Tuesday, April 24th at 2pm PT/5pm ET. That's when Apple will release its earnings report for the second quarter, which ended March 31st. There's lots of speculation about whether Apple will ...

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 ...

Goldman Sachs projects AAPL will hit $750

by Megan Lavey-Heaton (Apr 18th, 2012)

Goldman Sachs sees a rosy future for Apple despite recent stock dips, expecting stock prices to hit $750 and advising investors to buy ahead of next Tuesday's earnings report. AppleInsider reports that analyst Bill Shope estimates that Apple sold 31.1 million iPhones and 12.5 million iPads in ...