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Apple posts $37.4 billion in revenues, $7.7 billion profit for Q3 2014

Apple’s money train kept rolling into the third quarter. Per Macworld, the company posted revenues of US$37.4 billion and a net profit of US$7.7 billion, making for a record June quarter for the company. Those numbers were up from the third quarter of 2013, when Apple tallied US$35.3 billion in revenue and US$6.9 billion in […]

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Amazon Business Finance Opinion Services

Will subscribers of Amazon Prime still think it’s a good value at $119?

Last Thursday, Amazon reported their holiday quarter earnings and things didn’t look good. Their overall revenue was up 20% at $25.59 billion but analysts expected sales to come in at  just over $26 billion. This sounds very similar to the report of Apple’s earnings, which were good, but given the thumbs down for not meeting analysts’ expectations? […]

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Finance News

Apple releases Q4 2013 numbers, shows $7.5 billion profit, but relatively flat year-over-year sales

A US$7.5 billion quarter is nothing to sneeze at, but the sales were a bit flat compared to a year ago. Per Macworld, Apple wrapped up its 2013 fiscal year Monday with a US$7.5 billion profit on US$37.5 billion in revenue, reporting accelerating growth buttressed by strong iPhone sales and growth in the Chinese market. […]

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Finance News

Apple to announce Q4 2013 earnings on October 28th

The financial results are coming. Per AppleInsider, Apple on Monday announced that it will release its fourth fiscal quarter results immediately following the close of the stock market on October 28. The results, which cover the company’s operations from July through September, will include the first full week of sales for the company’s sales record-breaking […]

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Finance News retail

Apple releases Q3 2013 numbers, cites $35.3 billion in revenue, $6.9 billion profit

There wasn’t massive growth, but the numbers were still good. Per Macworld, Apple reported sales of US$35.3 billion, with net profit at US$6.9 billion for its third fiscal quarter. That translated to earnings of US$7.47 per diluted share. Apple’s revenue marked a record for the June quarter, ticking up 1 percent from the $35 billion […]