Archive | July 19th, 2011

Apple demolishes Wall Street expectations with record revenue and EPS of $7.79

19. July 2011

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Android who? Android what? Apple today released its financial results from its third fiscal quarter of 2011 and the results are staggering. In the quarter gone by, Apple sold 20.34 million iPhones and 9.25 million iPads, representing growth of 142% and 183% respectively from the same quarter a year-ago. That helped propel Apple to post […]

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Analyst says Apple to extract high royalty rates from HTC, but he misses the point

19. July 2011

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Well, you can’t expect analysts to know everything – and in some cases anything at all. Mike Abramsky from RBC Capital Markets falls somewhere in the middle I suppose. Recently, Abramsky issued a note to investors writing that Apple’s ITC victory over HTC last week regarding two patent claims may set a high bar for […]

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