I’ve been asked a lot today why Apple hasn’t responded to the Wall Street Journal article saying that there have been massive cuts to iPhone 5 orders. The simple fact is, they can’t. […]
Benedict Evans provides a couple of charts comparing Apple’s guidance and results.
That’s a shit load of taxes.
Apple this week released a preliminary proxy statement in a filing to the SEC. The filing is an announcement of the 2013 annual stockholders meeting, as well as questions that will be voted on at the meeting and details of executive compensation arrangements.
From October 2011 through September 2012, the combined net profit of Microsoft, Google, eBay, Yahoo, Facebook and Amazon was $34.4 billion. Apple alone made $7 billion more.
In the same period, Dell, Asus, Intel, Acer, IBM, Lenovo and HP, i.e. virtually the entire PC industry, made $19.3 billion or less than half of Apple’s profit.
How’s that for some context.
Trash Apple and then start buying the stock when it falls. Come on.
Apple today announced financial results for its fiscal 2012 fourth quarter ended September 29, 2012. The Company posted quarterly revenue of $36.0 billion and quarterly net profit of $8.2 billion, or $8.67 per diluted share. These results compare to revenue of $28.3 billion and net profit of $6.6 billion, or $7.05 per diluted share, in the year-ago quarter. Gross margin was 40.0 percent compared to 40.3 percent in the year-ago quarter. International sales accounted for 60 percent of the quarter’s revenue.The Company sold 26.9 million iPhones in the quarter, representing 58 percent unit growth over the year-ago quarter. Apple sold 14.0 million iPads during the quarter, a 26 percent unit increase over the year-ago quarter. The Company sold 4.9 million Macs during the quarter, a 1 percent unit increase over the year-ago quarter. Apple sold 5.3 million iPods, a 19 percent unit decline from the year-ago quarter.
Subject to declaration by the Board of Directors, the Company plans to initiate a quarterly dividend of $2.65 per share sometime in the fourth quarter of its fiscal 2012, which begins on July 1, 2012.Additionally, the Company’s Board of Directors has authorized a $10 billion share repurchase program commencing in the Company’s fiscal 2013, which begins on September 30, 2012. The repurchase program is expected to be executed over three years, with the primary objective of neutralizing the impact of dilution from future employee equity grants and employee stock purchase programs.
Some of these things are really funny.
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 … Continued
The entire economy of Singapore; All the illegal drugs in the world; Every home in Atlanta, Georgia combined. Funny stuff. [Via Kottke.org]
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
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 … Continued
AppleInsider: 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 … Continued
Apple on Tuesday reported a $28.57 billion in revenue and a third quarter profit of $7.31 billion.
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
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.
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.
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.”
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.
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.