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Why stock splits, stock buybacks and dividends don’t make sense for Apple
With Billions of dollars in the bank, Morgan Stanley analyst Katy Huberty recently issued a research note claiming that Apple will either issue a dividend or initiate a stock buy back. Huberty confidently writes, “We believe Apple is more likely than ever to return cash to shareholders.” This of course flies in the face of [...]
Continue reading...Apple’s stock price under the reign of Steve Jobs
8. September 2011
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A picture is worth a million words, or perhaps in this case, a million bucks – many times over. With Steve Jobs at the helm of Apple since 1997 (though he wasn’t officially the CEO until a few years later), Apple reemerged as one of the most innovative and emulated technology companies in the world. Its [...]
Continue reading...Apple’s market capitalization under the reign of Steve Jobs
6. September 2011
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Say what you will about Apple rolling along and not missing a beat with Tim Cook in the CEO position at Apple, but let’s not forget the meteoric rise Apple shares investors enjoyed with Jobs at the helm. Here, in the chart below, we see that Apple’s market cap (which equals outstanding shares x stock [...]
Continue reading...US Apple Stores earn more per square foot than any other retailer
24. August 2011
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Apple’s fleet of retail stores comprise an integral component to Apple’s marketing efforts, and more importantly, to its bottom line. During the June 2011 quarter, sales at Apple retail stores increased 36% from the same quarter a year-ago. When the dust cleared, retail sales came in at $3.5 billion. Meanwhile, foot traffic at Apple’s retail [...]
Continue reading...Apple earned $1 Billion more in revenue in China last quarter than Lenovo
24. August 2011
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One year ago, Lenovo CEO Liu Chuanzhi expressed relief that Apple wasn’t taking China seriously. “We are lucky that Steve Jobs has such a bad temper and doesn’t care about China,” Chuanzhi explained. “If Apple were to spend the same effort on the Chinese consumer as we do, we would be in trouble.” I don’t [...]
Continue reading...Apple’s iPad enjoys design efficiencies competitors simply can’t match
8. August 2011
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Having learned the pitfalls of exorbitantly high product pricing , Apple shocked everybody when they released the original iPad for only $499. While that now seems to be the going rate for any base model tablet these days, remember that in the weeks preceding the iPad launch, many were anticipating Apple’s tablet to fall in [...]
Continue reading...Apple still has an insanely low P/E ratio [Chart]
4. August 2011
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A few weeks ago, Apple delivered blowout earnings that completely demolished Wall Street’s expectations. For the June quarter, Apple posted revenue of $28.57 billion, setting a new all-time quarterly record. Following Apple’s stellar earnings report, Apple shares began to aggressively climb upward where they would eventually top the $400/share barrier and reach an all-time intraday [...]
Continue reading...Without the iPhone, Sprint continues to bleed
29. July 2011
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Sprint Nextel this past quarter reported losses of $847 million, or $0.28 a share. At the root of Sprint’s monetary troubles is its inability to attract new subscribers and keep the one’s it has – though during the quarter gone by they did manage to snag more new subscribers than AT&T.
Continue reading...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 [...]
Continue reading...iPhone deals in China may prove to be $70 billion opportunity for Apple
14. July 2011
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In the wake of reports that Apple is poised to sign an iPhone deal with China Telecom, the third largest carrier in China behind China Unicom and China Mobile, analyst Brian White of Ticonderoga Securities issued a note to investors writing that such a deal may potentially increase Apple’s bottom line by upwards of $9 [...]
Continue reading...Survey finds strong interest in iTunes Match amongst iPhone users
23. June 2011
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Yeah yeah, Apple’s new iCloud service doesn’t support streaming, but it’s all about significant, yet incremental, updates right? Besides, it’s not as if iCloud is completely forgettable. On the contrary, what Apple introduced at WWDC a few weeks ago is pretty darn compelling. We can only hope, of course, that the company has learned from [...]
Continue reading...Pandora IPO: $3 billion value at $16 a share
15. June 2011
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As expected, Tim Westergren and co. this week filed an IPO with the assistance of Morgan Stanley and J.P. Morgan and managed to raise approximately $235 million at $16 a share and 14.7 million shares of issued stock. The stock subsequently opened up today at $20/share before rising to $23/share, meaning that the streaming music [...]
Continue reading...Shares of Apple stock get no respect
23. May 2011
Without aberration, Apple posts record breaking earnings results quarter after quarter. And while Apple’s stock has skyrocketed considerably over the past couple years, it still seems that Wall St. isn’t giving the stock a fair shake. In an in-depth piece on the matter for Seeking Alpha, Andy Zaky delves into Apple’s financials and explores why [...]
Continue reading...Apple’s iOS profits are 2.3 times higher than Microsoft’s Windows profits
10. May 2011
By John Hiesler: In an era where PC growth is declining, Apple is the lone company actually seeing an uptick in PC sales. More than that, because Apple offers a unique and non-commoditized experience, the margins it enjoys for each Mac sold is the envy of the entire industry. In the most recent quarter, Apple [...]
Continue reading...Apple Engineering VP Bob Mansfield sells 99% of his Apple shares
28. April 2011
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By Josh Rosenthall With Apple shares trading at about $14 below its all-time high, Apple executive Bob Mansfield thought it’d be a good idea to trade in a boat load of his AAPL shares and turn some of that paper money into money in his bank account. Mansfield is currently Apple’s Senior VP of Hardware [...]
Continue reading...iTunes delivers record-breaking $1.4 billion in revenue during Q2 2011
21. April 2011
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There was a plethora of information discussed yesterday during Apple’s earnings conference call, but one item that seemingly flew under the radar was the performance of iTunes during Apple’s most recent quarter. Historically, iTunes has been a break-even proposition for Apple and has been positioned largely as a means to sell high margin hardware. The [...]
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19. September 2011
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