Financial

∞ Apple stock closes at all-time high

New York Times: At the end of regular trading Monday, Apple shares closed at $411.63, up 2.78 percent, with a new record-high market valuation of $381.62 billion. It is now clearly the most valuable company on the stock market, displacing … Continued

∞ Apple stock closes at all time high

Stock prices go up and down constantly, but Apple hit a milestone today closing at an all time high. The stock shot up $7.15 or 2 percent to close at $364.92. The stock is continuing its climb in after-hours trading … Continued

∞ RIM cuts profit outlook, stock price plummets

RIM on Thursday issued a warning to Wall Street that the company would not meet guidance for the first fiscal quarter of 2012.

RIM said the cause for the projected shortfall in Q1 is because of lower shipments of BlackBerrys. The company said shipments are now expected in the lower end of the 13.5 million to 14.5 million forecasted in March.

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∞ Apple reports $5.99 billion second quarter profit

Apple on Wednesday reported a fiscal second quarter profit of $5.99 billion. Apple said it did $24.67 billion in revenue for the quarter.

In the same quarter last year Apple post revenue of $13.5 billion and a quarterly profit of $3.07 billion, the company said in releasing the fiscal results. International sales accounted for 59 percent of the quarter’s revenue.

“With quarterly revenue growth of 83 percent and profit growth of 95 percent, we’re firing on all cylinders,” said Steve Jobs, Apple’s CEO. “We will continue to innovate on all fronts throughout the remainder of the year.”

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∞ Analyst: Apple's 'impressive' growth sustainable

Apple on Tuesday posted over $3 billion in profit for its fiscal third quarter and also reported good sales numbers for many of its core products. According to one Wall Street analyst, that growth could be sustainable for the company.

∞ Apple can't keep up with iPhone 4 demand

With reports of antenna problems over the last few weeks, you might think that Apple’s new iPhone 4 is sitting on store shelfs, but that’s not the case. The truth is, Apple can’t keep up with demand for the device.

∞ SEC launches investigation into TheStreet.com

Jim Cramer’s TheStreet.com financial Web site is being investigated by the Securities and Exchange Commission because of “accounting woes.” Last summer, TheStreet.com announced there were “issues” related to how it had been recording revenue at Promotions.com, the marketing company it … Continued

∞ Apple stock hits record high

I usually don’t bother reporting on stock prices because they go up and down with the whims of Wall Street and investors, but today is a bit different. After announcing the ship date for the iPad earlier today, Apple’s stock … Continued