A series of comments from Apple Chief Operating Officer Tim Cook indicate that Apple doesn’t want its products to be “just for the rich” have fueled speculation that the company is interested in offering a cheaper iPhone. According to Forbes, Bernstein Research analyst Toni Sacconaghi met last week with Cook, Apple Chief Financial Officer Peter […]
Tag: Oppenheimer
Apple generated its best quarter to date, reporting US$15.7 billion in sales and a profit of US$3.25 billion yesterday with shares accelerating US$3.51 per share, up 75% in the year over year from the same period in 2009. The company’s results beat analyst expectations of $3.10 a share and $14.74 billion in revenue according to […]
Checks within Apple’s supply chain have led to a new round of tablet-related rumors from Yair Reiner, an analyst with Oppenheimer, who believes the device will launch in March or April of 2010 with a 10.1″ LCD screen. Per AppleInsider, Reiner also said that Apple has been reaching out to book publishers with a “very […]