Tag Archive | "earnings"
Amazon Q4 2011 earnings beat Wall St. consensus; profits down 58%
Earlier today, Amazon released their earnings results from 2011 holiday quarter and, suffice it to say, they’re no Apple. Though overall revenue came in at $17.43 billion, up 35% from the same quarter a year-ago, the company’s actual profits declined by a whopping 58% to $177 million. All told, Amazon reported earnings of $0.38 a [...]
Continue reading...iPhone sales top 37 million as Apple records record-breaking quarter
Tuesday, January 24, 2012
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Apple last quarter had a slight misstep when its earnings fell short of analyst expectations for the first time in years. Of course, the delayed release of the iPhone 4S had something to do with revenue coming in below expectations. But during last quarter’s earnings conference call, Apple CEO Tim Cook boldly predicted that December [...]
Continue reading...Samsung reports record quarterly profit on strong mobile handset sales
Saturday, January 7, 2012
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Who says there’s no money in ripping off the IP of other companies? Bloomberg reported yesterday that Samsung reported record quarterly profits, thanks in no small part to its immensely popular line of Galaxy smartphones. And for the first time in company history, Samsung’s total number of mobile phone sales surpassed 300 million units. “The [...]
Continue reading...Apple to report Q1 2012 earnings on January 24
Wednesday, January 4, 2012
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Apple today announced that it will report its earnings from the current holiday quarter on Tuesday, January 24, 2012. The current quarter, which is Apple’s first fiscal quarter of 2012, promises to be a complete blowout as it encompasses the wildly successful launch of the iPhone 4S and the always profitable holiday shopping season. What’s [...]
Continue reading...Barclays analyst Ben Reitzes ups stock target for Apple shares to $555
Tuesday, September 27, 2011
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On September 6th, Apple shares were trading $369.90. But over the past few weeks, Apple shares have enjoyed a meteoric rise to +$400 levels, reaching as high of $422.70 last Tuesday. Notably, many analysts believe that Apple’s stock price is poised to rise even further.
Continue reading...Apple set to release Q4 2011 earnings report on Tuesday, October 14
Monday, September 26, 2011
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Apple earlier today updated its investor relations page, announcing that it’s Q4 2011 earnings will be released on Tuesday, October 18th with an earnings conference call scheduled for 5 PM Eastern Standard Time. As is typically the case, Apple CEO Tim Cook and CFO Peter Oppenheimer will likely be present to answer analyst questions about [...]
Continue reading...Goldman Sachs raises 12-month Apple stock target to $520
Friday, September 23, 2011
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Apple shares have risen with breakneck speed over the past few weeks, reaching an all-time high of $422 this past Thursday. Still, it may not be time to sell your Apple stock just yet as shares may continue to climb upward into the lower $500 level. In a recent research note to investors, Goldman Sachs [...]
Continue reading...Apple still has an insanely low P/E ratio [Chart]
Thursday, August 4, 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
Friday, July 29, 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
Tuesday, July 19, 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...Apple to release Q3 2011 earnings on July 19
Friday, July 1, 2011
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Apple earlier this week announced that it will release its earnings for the third quarter of 2011 on July 19. An earnings conference call, typically hosted by COO Tim Cook and CFO Peter Oppenheimer, is scheduled to kick off at 5PM Eastern Standard Time. During the third quarter of 2010 Apple reported earnings of $3.51 [...]
Continue reading...Apple Q2 earnings blow past Wall. St. estimates
Wednesday, April 20, 2011
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Apple once again delivered incredible earnings that blew past Wall St. estimates. For the second quarter of 2011, Apple reported EPS of $6.40 on revenue of $23.34 billion. During the same quarter a year-ago, Apple reported earnings of $3.33 a share on revenue of $13.5 billion, representing an astounding 83% increase in revenue. As for [...]
Continue reading...AT&T releases Q1 2011 earnings; iPhone customers not fleeing to Verizon
Wednesday, April 20, 2011
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AT&T earlier today released its earnings from the first quarter of 2011, announcing EPS of $0.57 compared to $0.58 during the same quarter a year-ago. Q1 of 2011 also marks the first time AT&T has had to compete with another carrier carrying the iPhone, so some of AT&T’s data is particularly of interest. AT&T notes [...]
Continue reading...Analysts raise targets for Apple shares following blockbuster quarter
Thursday, January 20, 2011
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Apple’s recently announced earnings completely trounced Wall Street expectations. With profits rising by 77% and Apple setting quarterly sales records across much of its product line (Macs, iPhones, and iPads), analysts are adjusting their targets for Apple shares accordingly.
Continue reading...Apple profits soar 77% on sales of 4+ million Macs and 16.24 million iPhones
Tuesday, January 18, 2011
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Apple a short while ago released its Q1 2011 earnings and the results were stellar. Apple posted revenue of $26.74 billion and net profits of $6 billion – both company records. Highlighting just how fast Apple is growing, the company posted revenue of $15.68 billion with net profits of $3.38 billion in the year-ago [...]
Continue reading...Analysts ups Apple’s December quarter EPS estimate to $5.21
Monday, November 29, 2010
Barron’s reports on a new research report from Stifel Nicolaus analyst Douglas Reid who recently raised his holiday quarter EPS estimate for Apple from $4.93 to $5.21. … “following recent store checks and industry data that suggest Mac, iPad and iPhones are tracking above our previous estimates.” He inches up his iPad unit forecast to [...]
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Tuesday, January 31, 2012
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