Apple Financials — page 7
203 posts filed under Apple Financials
Looking Ahead to Apple's Q208 Results
Tomorrow Apple will announce its second quarter of fiscal 2008 earnings during a conference call. The webcast conference call will begin at 2:00pm PDT/5:00pm EDT/10.00pm BST on Wednesday April 22nd. Apple is expected to outperform the Street's expectations and is also expected to severely outperform…
Apple Execs Cash in Shares for Tax Purposes
Senior Vice President of Retail Ron Johnson, Senior Vice President of Worldwide Product Marketing Phil Schiller, Senior Vice President of Software Engineering Bertrand Serlet, and Senior Vice President of Applications Sina Tamaddon all converted 250,000 restricted stock units into shares this week. The executives were…
In Brief: iPod Air Domain Falsely Leads to Apple, Al Gore Gains 10,000 Options
iPod Air Domain Leads to Apple The domain http://www.ipodair.com current points to http://www.apple.com/itunes . The WHOIS information on the the domain shows that a one Arthur Mitchell registered the domain with GoDaddy on the 15th of January this year. WHOIS details attached to www.ipodair.com: Registrant…
Jobs on Successors, Buy Back Shares, Dividends
Today Apple held its annual shareholder meeting at its Cupertino campus. During the meeting CEO Steve Jobs field questions on buy back shares, dividends and a successor to his position. Since the beginning of 2008 Apple's share price has plummeted 37 percent but Jobs said…
Shareholders Pass Executive Pay Advisory Proposal
On Tuesday Apple announced that at its annual meeting with shareholders a proposal was passed "in favor of an annual advisory vote by shareholders on executive compensation," The proposal had been opposed by the board of directors. It urged the board to put up to…
Tim Cook Talks iPhone, SDK, Unlocking, Apple TV
Apple's Chief Operating Office Tim Cook delivered a 45-minute question and answer session yesterday at the Goldman Sachs Investment Symposium. The Apple COO touched on many interesting subjects during the Q&A. Apple Chief Operating Officer Tim Cook The session is available for listening on Apple's…
Jobs Reassures Employees and Investors
AppleInsider has published a "private communication" from last week in which Steve Jobs "acknowledged the beating his company's shares have taken during this time of economic uncertainty, but remained confident that investors would inevitably recoup their losses and then some." Steve Jobs attached this stock…
Apple Details 2007 Executive Remuneration
Yesterday Apple filed a 14A ( PDF download ) with the SEC, the details of the 14A document show the compensation given to company executives during 2007. Steve Jobs continues to be paid a $1 salary and received no stock options during 2007. The CEO…
Apple Announces Record $1.58 Billion Profit in Q108 Results
Apple has posted revenue of $9.6 billion and net quarterly profit of $1.58 billion, or $1.76 per diluted share during the 1Q 2008 (ending December 29th). Comparing to revenue of $7.1 billion and net quarterly profit of $1 billion, or $1.14 per diluted share, in…
Apple Q108 Financial Results on January 22nd
On January 22nd Apple will announce its first fiscal quarter of 2008 financial results, the company will hold a webcast for investors. The webcast will begin at 2:00pm PT/5:00pm ET/10.00pm GMT. Apple is expected to outperform its guidance of iMac and iPod sales for the…
O2 CEO Reports on Strong iPhone Sales
O2 CEO, Matthew Key was reportedly in California last week briefing Apple CEO, Steve Jobs on the iPhones impact on the UK market, reports Andrew Parker for The Financial Times. "Mr Key says 200,000 iPhones should have be sold in Britain by early January -…
Apple Annual Finance Report Highlights
Apple has recently published its annual report for the 2007 financial year ( PDF ) to the end of September. The report reveals the company's concerns over new suppliers, component supply concerns, major retail expansion and rising rewards for executives. The report goes into detail…
O2: iPhone 'the fastest selling device we have ever seen'
Talking to the The Times Online today , Peter Erskine, chief executive of Telefonica's 02 Europe said that the iPhone "has been the fastest-selling device we have ever seen." "The phone had sold 'in the tens of thousands' since its launch on Friday," he said…
Apple Retail Chief Snags $113m in Options
Apple's senior vice president of retail operations, Ron Johnson has very recently exercised options and then sold 700,000 shares worth around $130 million. According to files made at the Securities and Exchange Commission the retail chief exercised the 700,000 options at $23.72 apiece on Friday…
Apple's Fourth Quarter Results Conference Call Notes
On Monday, Apple reported a $904 million profit on revenue of $6.22 billion for its fiscal fourth quarter, $1.01 per diluted share. The results topped analysts' expectations, which came in at $.86 per share. During Apple's Financial Results Conference Call the following information was garnered…
Apple Profits Soar, $24 Billion Revenue, Mac Sales Exceed 2 Million
Apple has announced Monday that fourth-quarter profits rose 66 percent to $904 million, or $1.01 per diluted share, on sales of $6.22 billion for the three-month period ended September 29, 2007. Apple shipped 2,164,000 Macintosh® computers, representing 34 percent growth over the year-ago quarter and…
In Brief: Apple Q4 07 Results Call Today
Apple will hold a conference call discussing its fourth quarter 2007 financial results and a look forward at 2008. The audio webcast which can be listened to online will begin at 2:00 p.m PT / 5:00 p.m. ET (10.00 p.m. BST) Apple is widely expected…
Apple Spent $720,000 on Lobbying in 2007
According to Forbes.com Apple has spent $720,000 lobbying the federal government in the first half of this year. The computer company reportedly lobbied Congress on legislation designed to update the United States patent system. Trade groups for high-tech industries favor legislation that would help weed…
Jobs Swallows Up 120,000 Apple Shares
Apple Chief Executive Steve Jobs increased his stake in Apple Inc. by 120,000 shares when he purchased them on Monday. Jobs purchased the additional shares on Monday for $5.75 each, making the total purchased worth around $15 million. Following the transaction, Jobs stake in Apple…
Notes from Third Quarter Financial Results Conference Call
At this very moment Apple is webcasting its conference call for all to listen. World of Apple will offer a breakdown of this key points and some of the Q and A's on this page. Call Notes Another record breaking quarter in Apple history Highest…