In other news, Intel Capital, Intel’s investment wing, has announced that it will invest US$218.5 million in emulation software make VMWare. The investment will occur within VMWare’s Class A common stock, which is subject to customary regulatory approval. According to Macworld News, this will allow Intel Capital to own about 2.5% of VMWare’s outstanding common […]
Category: Finance
On Wednesday, January 17th, Apple Inc. posted a record-breaking $1 billion profit on record revenues of $7.12 billion for the first fiscal quarter of 2007. Earnings per share for the quarter were $1.14. This compares to last year’s Q1 earnings with a quarterly profit of $565 million, $5.75 billion in revenues and 65 cents per share.
On Wednesday, Oct. 18, at 2:00 PM PDT (5:00 PM EDT), Apple will announce the results of its previous fiscal quarter, which ended on Sept. 30 and closed out the company’s 2006 fiscal year.
Apple received a Staff Determination letter on Friday from the NASDAQ threatening that its stock could be delisted from the prestigious exchange because it is “not in compliance with the exchange’s rules.” Read the rest of the story on my ZDNet Blog: The Apple Core.
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Analysts Predict Apple Q3 2006 Earnings
Apple’s conference call webcast discussing Q3 – 2006 financial results will begin at 2pm PT/5pm ET on Wednesday, July 19, 2006. Piper Jaffray analyst Gene Munster and American Technology Research analyst Shaw Wu on Monday gave their thoughts on Apple’s upcoming earnings call, which will happen after the markets close on Wednesday, July 19. Both […]