Today is the day Apple will unveil its Q2 2013 results to the public. Tim Cook will almost certainly hold the call which kicks off at 5pm Eastern time (2pm Pacific/10pm British Summer Time). Up until now, all we’ve heard are estimates and changing figures from some of the industry’s analysts. Some figure Apple is somehow doomed or being killed by other…
Apple is virtually unrecognizable from the company it was 10 years ago. It was on the steady way up following a shaky patch at the beginning of the century. It had the iPod, new iMacs and iTunes. It was to be 4 years before the iPhone arrived. Since then, every financial quarter has been better than the same three-month period year-on-year. It’s an…
Following the opening bell on Wall St this morning, Apple’s stock has reached its lowest price since 2011, briefly dipping to a low of $400 per share. The price marks a spiral of decline ever since Apple’s record highs of over $700 per share at the beginning of 2012. Apple’s stock price has now come full circle since Tim Cook grabbed the top job,…
As usual before an Apple earnings call, doom and gloom analysts pop out of the woodwork to claim that Apple’s products are losing their appeal. It’s generally always an attempt to affect Apple’s stock value and force it down. It worked at the end of 2012, and it will more than likely have a negative impact on AAPL value now. Foxconn reported that its…
The Mac App Store is still a relatively new portal to software and games, comparatively of course. The iOS App Store launched in 2008 just under 3 years before the Mac version was launched. But, as soon as Apple had unveiled its first MacBook Air without a disk drive, we knew something was going on. The Mac version of the App Store went live in January…
The guys over at Fortune have done some number crunching and deduced that Apple will post record revenues for its Q2 of 2013. It’s expected that revenue over Jan-March will hit between $41 to $43 billion – a record for Apple’s second quarter. However, as we saw with the last earnings call, Apple’s profit margins are dropping and will likely continue to….
We all know that Apple’s performance on the stock market has been less than pleasing over the past few months. Despite making tons of profit, investors are not confident and aren’t happy to cough up any money to buy any AAPL flavored stock. The stock worth has been in virtual free fall since September last year, and it’s now dipped below $400B for the…
During the mid-morning today, AAPL stock hit a low point of 431.89 it’s lowest point since the end of January last year. That was the day before Apple hosted its Q1 2012 earnings call, when it hit $420.5. As I’m writing this, the stock is sitting at around 433.70 which – compared to the dizzying heights of September 2012′s high point of 720 – seems very…
Apple’s CEO Tim Cook has defended its current business plan, amidst growing concerns surrounding Apple’s stock price. At the company’s annual shareholders meeting , Tim Cook’s first task was overcoming a significant bloc of opposition to proposed executive pay rises. One third of shareholders voted against plans to increase Cook’s salary by 51% to $1.4m,…
Tomorrow Apple’s shareholders will meet at Infinite Loop to talk about financial measures, net profits, returns, and other dull really cool stuff. Just ahead of proceedings, a rogue tweet from hedge fund manager Doug Kass has ignited rumors that Apple will split its stock tomorrow. High above the Alps my Gnome is hearing a rumor that Apple will…
PhoneDog DroidDog TmoNews