Apple Financials — page 11
203 posts filed under Apple Financials
Tim Cook becomes COO
Apple today named Tim Cook to be Chief Operating Officer. Tim was previosuly Worldwide Sales and Operations Vice President but will continue to work very closely with CEO Steve Jobs.
Apple Reports Record Earnings
Apple today has announced its financial results for the fourth quarter of the fiscal year 2005 ending September 24, 2005. Apple posted revenue of $3.68 billion and a net quarterly profit of $430 million which is the highest revenue and earnings in the companies history.
Lynch Doubts Apple
After issues with its latest iPod and its biggest stock slide in month Merrill Lynch has changed Apple's buy status from "Buy" to "Neutral". While they acknowledged that Apple's growth has been "extraordinary" they feel that revenue will slow within the next 1-3 fiscal quarters…