∞ Permalink

Apple on Tuesday reported a record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 billion. [...]

Apple on Tuesday reported a profit of $6.62 billion for its fiscal fourth quarter. These results compare to revenue of $20.34 billion and profit of $4.31 billion in the year-ago quarter.

Apple said it sold 17.07 million iPhones in the quarter, representing 21 percent unit growth over the year-ago quarter. Apple sold 11.12 million iPads during the quarter, a 166 percent unit increase over the year-ago quarter. They sold 4.89 million Macs during the quarter, a 26 percent unit increase over the

The entire economy of Singapore; All the illegal drugs in the world; Every home in Atlanta, Georgia combined.

Funny stuff.

[Via

∞ Permalink

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 Exxon Mobil, with a market capitalization of $358.34 billion.

Clearly investors still have a lot of confidence in Apple and its executive

∞ Permalink

Intuit on Wednesday took off the wraps from QuickBooks for Mac 2012, a new version of its small business accounting software that will be released on September 26, 2011. It costs $229.95 for a single-user license.

More than 50 new features and enhancements made it into this release of QuickBooks, including a redesigned interface and support for OS X “Lion.” An improved search function with keyword support, customer and vendor

New figures from the U.S. Treasury Department indicate that the government has a total operating cash balance of $73.768 billion, less than Apple’s own war chest of $75.876 billion.

Steve is just going to buy his own galaxy and make his products

Apple on Tuesday reported a $28.57 billion in revenue and a third quarter profit of $7.31 billion.

AAPL Closes At All Time High: $364.92 | Mac

Brand rating firm Millward Brown Optimor on Monday said that Apple ended Google’s four year reign as the world’s most valuable brand.

Apple grew 84 percent in the last year alone to take over the top spot. According to the study, Apple grew 859 percent since 2006. Apple’s value now stands at $153.3 billion.

Read the rest of this story on The Loop

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.

Read the rest of this story on The Loop

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.”

Read the rest of this story on The Loop

The founder of Forrester Research predicts that Apple will bring in more revenue than both IBM and HP by 2012.

Billionaire Warren Buffett said he has an aversion to technology companies like Apple, instead favoring companies like Coca-Cola.

Apple on Tuesday reported its first quarter financial earnings. The company reported a profit of $6 billion profit on $26.74 billion in revenue.

Apple CEO Steve Jobs is one of the most successful CEOs in history, but you wouldn’t know it from his paycheck.

It’s been a good start to 2011 for Apple — the company’s market cap passed $300 billion for the first time.

Apple co-founder Steve Wozniak caused a flurry of speculation yesterday as he revealed that Apple had purchased speech recognition software company, Nuance.

During Apple’s fourth quarter conference call last night, CEO Steve Jobs showed up to give media and analysts his views on everything from tablets to Google. Here are a few of my favorites.

Apple on Monday reported revenue of $20.34 billion and a fourth quarter profit of $4.31 billion — both all-time highs for Apple. International sales accounted for 57 percent of the quarter’s revenue, according to Apple.