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April 24, 2012 Posted By:
admin
Well, that was fast. Apple CFO Peter Oppenheimer just announced on Apple’s Q2 2012 earnings call that the company’s iCloud service has attracted 125 million users in the roughly six months since the service launched.
It seems like just yesterday that Oppenheimer revealed that the service had 85 million users, and the service’s subscriber base continues to grow at...
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April 24, 2012 Posted By:
admin
Learn about pointing clients to a Software Update Server....
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April 24, 2012 Posted By:
admin
The angry mobs in Beijing weren’t lying. Apple’s iPhone 4 has made a splash in China, bringing the company’s phone sales there up by fivefold from a year ago. The device didn’t debut there until this last quarter, months after it had been released in the U.S.
Revenue in China reached a record $7.9 billion, which is up threefold year-over-year. That...
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April 24, 2012 Posted By:
admin
Apple has once again beaten analysts’ expectations with its Q2 results out today, and correspondingly the iPhone giant now has an even stronger cash position than it did before: $110 billion in the six months ended March 31, 2012 versus $81.5 billion in the six months ended September 24, 2011.
In cash and cash equivalents the company now has over...
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April 24, 2012 Posted By:
admin
Having fallen nearly 13% since April 10, the stock popped 7.44% on the news
FORTUNE -- Having lost more than $70 billion in market value in two weeks, Apple (AAPL) capped one of the strangest earnings walkups in memory by handily beating all but the most optimistic estimates, reporting record March quarter earnings of $12.30 per share on sales of...
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April 24, 2012 Posted By:
admin
Apple just released its FY2012 Q2 earnings and will host its earnings call at 2pm Pacific / 5pm Eastern today. We will live blog this call for you below, but you can also listen in to the call here (QuickTime required).
As a reminder, here are some of the highlights from Apple’s numbers:
- quarterly revenue: $39.2 billion
- net profit: $6 billion
- iPhone...
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April 24, 2012 Posted By:
admin
Apple has just posted their Q2 2012 financials, and revealed that over the last 14 weeks the company has pulled in $11.6 billion in profit on $39.2 billion in revenues, which breaks down to $12.30 per share. Analysts expected earnings of $10.02 per share on $36.81 billion in revenues.
For a bit of comparison, those figures are up substantially...
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April 24, 2012 Posted By:
admin
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April 24, 2012 Posted By:
admin
Why is the market so freaked by the activation numbers from Verizon and AT&T?
Note the size of the AT&T and Verizon bars. Source: Asymco.com
FORTUNE -- Just when it was supposed to start its pre-earnings rebound, Apple (AAPL) headed south again, opened down $8.79 (1.5%) Tuesday morning in reaction -- according to all the talking heads -- to the...
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April 24, 2012 Posted By:
admin
Five years ago, Microsoft reported revenue of $14.398 billion. They reported a profit of $6.589 billion. Last week, for the same quarter, Microsoft’s revenue was $17.407 billion. Their profit was $6.374 billion. The company is still growing, but not fast. And they’re actually making less money.
Compare that with Apple. Five years ago, revenue was $7.1 billion. Profit was...
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