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Tag: guidance

Apple's "disappointing" quarter cause for questions, not panic

In amongst the MoLo Madness, there's been some back and forth in the blogosphere today over the possibility that Apple's third quarter financial results were "disappointing" or not, mostly based on the fact that professional analysts predicted Apple would earn far more than it did and now they're...

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Liveblog: Apple's Q1-2009 conference call

Welcome one and all for TUAW's coverage of Apple's First Quarter 2009 Results Conference Call. If you haven't already, you can go start the audio stream available on Apple's website. You'll need QuickTime 6 or 7 installed (Mac users should already have it, and Windows users get it with the iTunes...

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Citi reiterates AAPL 'buy' rating, cuts price target

Citi analyst Richard Gardner repeated the firm's "buy" recommendation for Apple stock, but reduced his estimate through 2011 to "reflect a more conservative view of consumer spending," according to the Associated Press. Gardner reduced his 12-month price target to $132 from $153. He noted "soft"...

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Apple's Q1 2009 conference call scheduled for January 21

Mark your calendars: Apple plans to conduct its first-quarter conference call on Wednesday, January 21 at 5 p.m. Eastern (2 p.m. Pacific). Apple executives will discuss the company's financial performance over the last quarter, and give their guidance as to how the next quarter is shaping up. Audio...

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Apple up 11 after Q4 conference call

Apple shares were higher by over 11 points in after-hours trading following a very positive Q4 conference call where the company announced a profit of $1.26 per diluted share. As we noted in our liveblog earlier, Apple posted a profit of $1.14 billion on revenues of $7.9 billion for the quarter....

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Munster: Apple overestimated Q3 margin impacts

Gene Munster is skeptical that Apple's guidance of lower margins for the rest of the year in its Q3 conference call back in July, and expects the company to continue to outperform expectations. The Piper Jaffray analyst said that lower prices for NAND flash memory will offset any reductions in...

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