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January 25, 2012 Posted By:
admin
It happened once before, in August, but that was due to a stock market collapse that left both Exxon and Apple well below their usual share price. This time, however, it would seem that Apple’s Q1 earnings call yesterday has led to a fresh spike on the stock market and what do you know?
Apple is once again...
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January 25, 2012 Posted By:
admin
Humiliated by a bunch of bloggers, amateur analysts and assorted day traders
With revenues that grew 73% and earnings that more than doubled, Apple (AAPL) proved Tuesday that the fourth quarter results that so disappointed Wall Street last fall were a fluke. The company that Steve Jobs built is still that rare beast in American business: A...
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January 25, 2012 Posted By:
admin
The guys from NimbleBit (developers of Tiny Tower, the game handpicked by Apple as iOS Game Of The Year) are on a bit of a tweeting spree tonight, blasting out two big ol’ gems of knowledge in as many hours.
First: Zynga just launched a new iOS game, and it looks a lot like Tiny Tower. Second (and this...
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January 25, 2012 Posted By:
admin
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January 25, 2012 Posted By:
admin
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January 25, 2012 Posted By:
admin
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January 24, 2012 Posted By:
admin
What to make of those pesky forward-looking statements in today's earnings report
Source: Piper Jaffray, Company reports
It used to be that traders rewarded or punished Apple's (AAPL) shares right after its earnings releases based not on the sales it reported for the past quarter, but on what the company said about the quarter to come. Apple tends to...
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January 24, 2012 Posted By:
admin
I’m not a huge fan of schlepping around needlessly when I can do most of my shopping from the comfort of my chair, but Apple fans don’t seem to have much trouble going to their local Apple store when the urge strikes. According to their recent earnings call, 110 million people went to an Apple store in Q1, which breaks...
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January 24, 2012 Posted By:
admin
Apple today announced financial results for its fiscal 2012 first quarter, which spanned 14 weeks and ended December 31, 2011. The Company posted record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 billion, or $13.87 per diluted share. These results compare to revenue of $26.74 billion and net quarterly profit of $6 billion, or $6.43 per...
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January 24, 2012 Posted By:
admin
Betting on a stock this volatile on a day like this is an exceedingly dangerous game
Trading in Apple (AAPL) was halted on July 19 last year, just before the company released its third quarter earnings report. When trading re-opened, the stock immediately jumped nearly $23 (6%). On October 18, when Apple released its fourth quarter earnings, the stock fell more...
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