Come tomorrow, we shall be reporting on Apple’s quarterly conference call. The company announced that it will be broadcasting its quarterly conference call with analysts for Tuesday, July 21st, at 5:00 PM EDT, 2:00 PM PDT.
Tag: Wall Street
The business and financial markets are a kooky thing. You can make a ton of money, even more than the previous year, but if it’s not as much as other people expected, you’ve failed. That is essentially what Wall Street is saying after todays earnings announcement from Apple. As a result, Apple stock price fell […]
It was a profitable quarter, but there were setbacks compared to last year. Per Macworld, for the company’s first fiscal quarter of 2013, Apple posted revenue of US$54.5 billion and a net profit of US$13.1 billion. Revenue rose 17.7 percent from the 2012 first quarter, while profit was flat year-over-year. Apple earned US$13.81 per share, […]
The iPad 2 could be going the way of the dodo. Per AppleInsider, analyst Rob Cihra with Evercore Partners said in a note to investors this week that he sees Apple phasing out the current iPad 2, because Apple’s overall vision calls for “clearer product tiers.” The prediction comes as Apple is expected to lower […]
If you were wondering why it’s a bit hard to get your mitts on the new iPhone 5 you want, there’s been an update. Per Bloomberg, Apple’s adoption of in-cell touchscreen panels for the iPhone 5 is the primary reason supplies of the new smartphone are constrained. Analyst Ben A. Reitzes with Barlcays said in […]