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Finance News

Apple posts $28.27 billion revenue, $6.62 billion profit for Q4 2011, still disappoints some analysts

You can offer evidence of something pretty amazing, but you’ll never win the entirety of your audience over all the time. In this vein, Apple released the financial results for its fiscal fourth quarter yesterday, reporting record sales of the Mac and iPad product lines as well as the company’s highest September quarter revenue and […]

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iPad News

Jobs crushes 7″ iPad rumor at Q4 financial announcement

It’s the in-between things during Apple’s financial announcements that make things interesting. During yesterday’s Q4 earnings conference, Apple CEO Steve Jobs on Monday took a moment to extinguish rumors that the company is working on a smaller iPad based around a 7″ screen according to AppleInsider. “The reason we [won’t] make a 7-inch tablet isn’t […]

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Finance News

Apple Posts US$1.67 Profit for Q4 2009

In spite of a sagging global economy, Apple posted the results to its most profitable quarter ever, the company setting records for both Mac and iPhone sales. According to Macworld, the company reported a net profit of US$1.67 billion, or US$1.82 per share, on revenue of US$9.87 billion for its fourth quarter earnings. Comparing those […]