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Finance News

Apple to hold Q3 earnings call on Tuesday, July 24

It never hurts to be able to turn a profit. Per AppleInsider, Apple on Monday announced that it will report its financial earnings results for the third quarter 2012 on Tuesday, July 24 at 2:00 p.m. Pacific, 5:00 p.m. Eastern. The company updated its investor relations page to reflect the scheduled earnings report and ensuing […]

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Finance News

Apple posts $11.6 billion profit for Q2 2012, iOS devices drive strong earnings

It’s pretty clear at this point: Apple’s not in danger of going out of business. Per Macworld, on Tuesday, Apple reported a net profit of US$11.6 billion on revenue of US$39.2 billion for the quarter ended March 31, 2012. Those are respective increases of 94 percent and 59 percent from the 2011 second quarter. Apple’s […]

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Finance News

Apple to release Q2 results on Tuesday, April 24th

It’s not the most exciting announcement in the world, but if you have Apple stock, you might want to know about it. Per Mac|Life, Apple has updated their website to include details of the company’s second quarter 2012 financial results for the January through March period. As usual, the conference call will be streamed live […]

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Finance News

Apple reports $46.33 billion in sales, $13.06 billion profit for Q1 2012

You just can’t ignore a US$13.06 billion profit. Per Macworld, Apple on Tuesday reported that it tallied US$46.33 billion in sales and US$13.06 billion in profit for the fiscal first quarter ended Dec. 31. Both the revenue and profit figures were quarterly records for Apple and blew away the numbers recorded in the year-ago quarter. […]

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Finance Rumor

Rumor: Apple to purchase Israeli flash memory company Anobit

When Apple ponders buying something, it’s worth paying attention to. Per TechCrunch, Apple is planning to spend between US$400 million and US$500 million to buy Anobit, an Israel-based flash memory company, according to a new report. Citing a Hebrew-language report, TechCrunch relayed on Tuesday that Apple plans to acquire the 200-employee Israeli fabless semiconductor company […]