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 […]
Category: Finance
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 […]
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. […]
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 […]
Sometimes you’ve just got to wait for your gigantic telecom merger to take place. Per Macworld, AT&T has pushed back the expected date of its proposed US$39 billion merger with T-Mobile USA, saying now that the deal will close in the first half of 2012. When it announced the deal in April, AT&T said it […]