Making Sense of Technology
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Customers of Citigroup may want to update their iPhone banking app as soon as possible. The bank on Monday warned the app had a security flaw and needs updating.
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.
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.
Market research firm Piqqem on Monday released its latest analysis, 24 hours ahead of Apple’s third quarter earnings.
Apple passes Microsoft in market capitalization
It’s going back and forth by the minute, but Apple on Wednesday officially passed Microsoft in terms of market capitalization. The move puts Apple in second place behind only Exxon, who holds the top spot. Exxon’s market cap is $282.02 billion, Apple’s is $228.56 billion and Microsoft is $228.12 billion. Wikipedia describes market capitalization as: [...]
Apple on Tuesday reported a profit of $3.07 billion on $13.5 billion revenue for its fiscal second quarter. Apple said international sales accounted for 58 percent of the quarter’s revenue.
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 acquired in 2007. An internal probe ensued and resulted in several quarters of delayed earnings [...]
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 shot up to a record high of $219.70. Volume was described as being “heavier than [...]
Clickable Bliss this week released ProfitTrain 2.0, an invoicing app for Mac OS X. The application was formerly called Billable.
Apple on Monday reported a first quarter 2010 profit of $3.38 billion on $15.68 billion of revenue.
Even though Apple’s stock is down eight percent in the last 10 trading days, Piper Jaffray Senior Research Analyst, Gene Munster, remains confident long term.
Apple’s stock on Wednesday hit an all-time, reaching $206.17 on the Nasdaq around 11:00 am this morning.
Please join us at 2PM Pacific/5PM Eastern for our live coverage of Apple’s call with financial analysts to discuss the results of their fourth quarter for FY2009. There’s no need to refresh your browser – just load this page and we’ll take care of the rest.
Apple on Monday reported its fiscal fourth quarter earnings, posting a profit of $1.67 billion on $9.87 billion in revenue. These results compare to revenue of $7.9 billion and profit of $1.14 billion in the year-ago quarter.
Apple will announce on Monday its earnings for the September quarter.
Mac users and Apple watchers often groan when they see a new report or prediction from an industry analyst, believing that much of the information is worthless.
I’ll never forget Michael Dell’s comments at a 1997 technology conference when asked what he would do to fix Apple.
Instead of worrying about phone calls from Apple concerning its “Laptop Hunter” ad campaign, maybe Microsoft executives should worry more about their business.
Apple on Tuesday reported a $1.23 billion profit on $8.34 billion revenue for its third fiscal quarter.
Intuit on Thursday confirmed that Quicken Financial Life for Mac would not be released this year as planned.
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