Apple Financials — page 8
203 posts filed under Apple Financials
Healthy Mac Sales Push Apple to $818 Million Profit
Apple today announced its third financial quarter results. Profits of the company rose a staggering 73 percent to $818 million, or $0.92 per diluted share, on sales of $5.41 billion. The results compare to revenue of $4.37 billion and net quarterly profit of $472 million…
Apple's Q3 2007 Earnings Announcement Today
Apple will today release its earnings for financial Quarter 3 of 2007. The results are expected to "wow" wall street but yesterdays iPhone figures from AT&T have shaken up some analysts. It is important to note that yesterdays announcement from AT&T was based on just…
Q3 2007 Financial Results on July 25
This Wednesday Apple will announce its 3rd Financial Quarter results via a public conference call. The call will take place at 2:00 p.m. PDT/5:00 p.m. EDT/10.00 p.m. BST. In the broadcast Apple will announce the results of its third financial quarter of 2007 which runs…
Apple Snaps Up iPhone.com for Seven-Figure Sum
Apple had made a last minute decision to snap up the domain name iPhone.com. Jay Westerdal of Name Intelligence has written on his blog that Apple has purchased iPhone.com from domain owner Michael Kovatch for what could be "at least a million dollar sale." Kovatch…
Goldman Sachs Pins iPhone Sales at 700,000
Following other analysts estimates earlier today, Goldman Sachs analyst David Bailey has decided to weigh in on the fun. Bailey pegged Apple's 3 day sales figures at 700,000 well above Gene Munsters 500,000. Apple is yet to comment on how many iPhones have been sold…
Apple Shifts Half Million iPhones? AAPL Drops in Morning Trading
Piper Jaffray analyst Gene Munster told reporters on Monday morning that his firm believes Apple may have sold 500,000 iPhones over its first weekend. The Los Angeles Times also reported similar figures citing an analyst from Global Equities Research. Shoppers snatched up about 525,000 of…
Apple Joins S&P 100
Standard and Poor's announced on Thursday that Apple Inc. will join its S&P 100 index. The company will replace MedImmune Inc. on the index following the end of trading on Thursday. The S&P 100 is a selection of the top 100 companies from the S&P…
In Brief: Apple's Market Value Hits $100 Billion, Analysts Up Price Targets
Apple's Market Value Hits $100 Billion In early morning trading Apple Inc.'s share rose as high as $116.06 per share, with 8861,875,000 shares outstanding this puts Apple's market cap at $100,029,212,500. Apple market cap reaches $100 billion as share price surpasses $116 per share During…
Bogus iPhone Email Knocks Apple Stock
Yesterday turned out to be quite a ride for some Apple investors. The day started off well even with the bad news that Amazon will begin competing with iTunes in the sale of DRM-free music . Then at 11:49am EST Engadget posted a story claiming…
Notes on Apple's Shareholder Meeting
CNBC offers a report on tonight's annual shareholder meeting, the meeting was short on news but turned into a bit of a grilling during the shareholder question-and-answer session. As Apple stocks continues to trade above $100 one shareholder asked how Apple would decide when the…
Apple Set to Hold Shareholder Meeting Later Today
Apple will hold its annual shareholder meeting tonight, at the meeting it likely that ongoing stock options investigations are going to cause anxiety as all severn board members are up for re-election. As a protest against the companies stock options problems some investors are recommending…
Apple Announces Second Quarter Results
Apple has today announced the results for its fiscal 2007 second quarter which ended March 31, 2007. Apple posted revenue of $5.26 billion and net quarterly profit of $770 million, or 87 cents per diluted share. These compare to revenue of $4.36 billion and net…
Apple to Announce Quarter 2 Financial Results
This evening Apple will officially reveal its Quarter 2 Financial Results. The conference call can be listened to on Apple's website . The call will take place at 2pm PT/5pm ET (10pm BST). Analysts are expecting Apple to announce earnings of 64 cents per share…
Ex-Apple CFO Blames Backdating on Jobs
Ex-Apple Chief Financial Officer, Fred Anderson's attorney issued a statement Tuesday stating that Apple CEO Steve Jobs told the former CFO to backdate stock options. Following this mornings report that the SEC has reached a settlement with Anderson in the stock-options investigation. An internal investigation…
Former CFO Pays Settlement to SEC
The Wall Street Journal is reporting that Apple's Former Chief Financial Office Fred Anderson has settled with the SEC on allegations that he backdated stock options while at the company. The Journal cites unnamed sources in saying that Anderson agreed to the fine of $150,000…
Jobs Unlikely to Face Criminal Charges Over Stock Options
Mercury News has run a story based on investigations they have made into the Apple Stock Options probe. Their investigation shows that Apple CEO Steve Jobs is unlikely to face any criminal charges related to the stock option backdating investigation. Despite Apple's disclosure that Jobs…
Apple Fined for Air Quality Violation
Apple has been fined $43,200 by the Sacramento Metropolitan Air Quality Management District for an air quality violation . The violation occurred at Apple's Elk Grove facility in April of 2006. "When a business neglects to observe air quality regulations the health of our citizens…
Jobs Earns $1 Salary Again
Apple today filed a proxy statement with the SEC (Securities and Exchange Commission), the proxy contained information referring to the payment of top Apple execs. The statement revealed that Senior Vice President and Chief Financial Office, Peter Oppenheimer gained $56 million from exercised options in…
Apple Stock Split on the Books?
LoopRumors.com reports that Apple is in serious discussions concerning another stock split. At a recent Morgan Stanley Technology Conference , Apple CFO Peter Oppenheimer was questioned about a future stock split and at the time stated "[I don't] have anything to announce at this time."…
Analyst Upgrades Apple, Predicts End of March Leopard Release
Ahead of the bell on Monday Jesse Tortora upgraded Apple Inc., stating earlier than expected launches of both Leopard and Adobe CS3. Tortora boosted Apple from "Neutral Weight" to "Overweight" also raised his price target to $105 from $100. The analyst believes that Creative Suite…