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April 23, 2013 Posted By:
admin
Apple just released its fiscal Q2 2013 earnings, and as always there’s plenty to dig into. In case you’re more of a visual learner (or just don’t have the time to read through multiple posts), take a peek at these charts to get a feel for how the folks in Cupertino did for themselves this time around. If you...
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April 23, 2013 Posted By:
admin
Apple announced today that it now has 300 million users for iCloud, up 20 percent from the 250 million that it announced in January.
iCloud, which allows users to sync their content and data across devices, was launched 18 months ago to replace the MobileMe service. Company executives said today that they will “continue to invest in the ecosystem” with...
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April 23, 2013 Posted By:
admin
Apple now has $145 billion in cash and it needs to do something about it. That’s why Apple CEO Tim Cook just announced during the earnings call that the company will initiate a stock buyback. It means that Apple will use part of its cash to repurchase existing shares, taking them out of the market, increasing existing stockholders’...
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April 23, 2013 Posted By:
admin
Apple CEO Tim Cook made a very candid introduction remark during the earnings call. “We acknowledge that our growth rate has slowed,” Cook said. He then said that Apple has experienced “tremendous successes” over the past few years and that may be the reason why growth is slowing.
“Decline in stock price has been very frustrating to all of us,”...
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April 23, 2013 Posted By:
admin
Sells 37.4 million iPhones, 19.5 million iPads, boosts dividend 15%, increases stock buyback five-fold
FORTUNE -- Against the advice of outside analysts, Apple (AAPL) bundled its good news together and released it all at once Tuesday.
Not only did it beat its own guidance and Wall Street's expectations -- selling a ton of iPhones and iPads and collecting more than $43.6 billion...
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April 23, 2013 Posted By:
admin
Reports revenues of $43.6 billion on sales of 37.4 million iPhones and 19.5 million iPads. Profits are down, as expected. Boosts dividend 15% and stock buyback five-fold
FORTUNE -- Against the advice of outside analysts, Apple (AAPL) bundled its good news and bad news together and released it all at once Tuesday.
Although profits were down, as expected, it beat its own...
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April 23, 2013 Posted By:
admin
Apple has just released its Q2 2013 earnings report, announcing sales of 37.4 million iPhones in the quarter ending March. Apple also reported 19.5 million iPad units sold, which shows incredibly strong growth for Apple’s tablet business.
This is a slight decrease from last quarter, which included a holiday sales spike and being the first full quarter in...
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April 23, 2013 Posted By:
admin
Apple’s Mac sales continued to slide this quarter, as Apple sold only 3.95 million computers running OS X, down just over 1 percent from the 4.1 million they sold in Q1 2013, and pretty much flat compared to the 4 million they sold in the same quarter last year. That’s no surprise: PC sales are sluggish in...
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April 23, 2013 Posted By:
admin
Apple now has $145 billion in cash on hand — a 5.8 percent increase over the past three months. The company last reported that they had $137.1 billion in cash back on December 30. To put this into perspective, with $140 million, you can produce the movie Spider-Man. Apple has enough money to produce a thousand blockbusters.
Apple...
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April 23, 2013 Posted By:
admin
Apple has been the subject of plenty of financial scrutiny (perhaps even more so than usual) recently, and now all that speculation has come to a head.
The Cupertino company has just released its fiscal Q2 2013 earnings — it reported $43.6 billion in revenue (up from $39.2 billion in the year-ago quarter) along with $9.5 billion in quarterly...
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