Topic: Apple Inc.
At a glance, how tech industry earnings have reflected a rebound in spending 1700Here is a summary of recent earnings reports for selected technology companies and what they reveal about the state of spending and the overall economy: July 13: Intel Corp. ...
Many people think that insider buying means immediate profits for shareholdersIf you think there are no investment opportunities out there, think again. Sure, it’s not easy to find them in a market that is all over the place at the moment. But ...
Summary Box: iPhone, iPad sales push Apple's fiscal 3rd-quarter net income up 78 percentTHE RESULTS: Apple's net income rose 78 percent to $3.25 billion, or $3.51 per share, from $1.8 billion, or $2.01 per share a year ago. Revenue for the April-to-June ...
NEW YORK (Reuters) - Estimates for second-quarter earnings edged higher in the latest week as results from bellwether companies like Intel Corp bolstered expectations for the quarter. Earnings for Standard & Poor's 500 companies are expected to increase 28 percent from a ...
Summary Box: Apple fiscal 2nd-quarter net income jumps 90 percent; more iPhones sold than everTHE REPORT: Apple's fiscal second-quarter net income jumped 90 percent to $3.07 billion, or $3.33 per share. Revenue rose 49 percent to $13.5 billion. THE STREET: The results, ...
Palm shares plunged Friday after the struggling US mobile device maker posted more disappointing results and speculation mounted that it could be an acquisition target. Shares in the Sunnyvale, California-based company were trading 18.94 percent lower at mid-day at 4.58 dollars. Bank ...
Strong iPhone sales helped Apple post a 50-percent increase in quarterly net profit on Monday of 3.38 billion dollars. Apple said revenue in the first quarter rose to 15.68 billion dollars from 11.88 billion dollars in the corresponding quarter a year ago. ...
Last night, Apple(AAPL) reported earnings of $1.82, 40cents ahead of consensus expectations. Revenue beat estimates by $600million. Macintosh unit sales increased 17% in this horrendous economic environment, a true testament to this incredible brand. Shares hit an all time high last night ...
Apple reported a quarterly net profit of 1.67 billion dollars Monday on record sales of iPhones and Macintosh computers. Apple recorded 9.87 billion dollars in revenue during the fourth quarter of its fiscal year, which ended September 26, compared with 7.9 billion ...
Icahn offers CIT Group $6 billion loan NEW YORK (AP) — In another sign that CIT Group Inc. is struggling to restructure its debt, billionaire investor Carl Icahn offered the lender a $6 billion lifeline. In a letter Monday to CIT's board ...
