May 13, 2013
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May 13, 2013
Uncategorized
May 12, 2013
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Trading on Wall Street is basically a huge game of poker and it would be kind of hard to bluff or cover your strategy if Bloomberg News reporters were watching your Bloomberg terminal to track your every move. So you'd assume that said reporters wouldn...
As previously announced, today Apple is reporting its Q1 2013 earnings results. There is much uncertainty going into today’s call with Apple shares down significantly in recent months to roughly $500 since hitting a high of over $700 per share in September. With the iPhone 5 landing in a total of 100 countries last month, [...]
. How many new iPads sold this quarter? Find out April 24 when Apple streams its earnings call after the market closes. Like always, we will be on hand to cover the news as it happens.
Surprise, surprise -- Apple just let the cat out of its own bag. In right around a half-hour, the company will officially unwrap plans to initiate a dividend and share repurchase program commencing later this year. 'Course, analysts have been clamorin...
March 6, 2012
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A year ago, IBM's Watson supercomputer bludgeoned human supernerds Ken Jennings and Brad Rutter in Jeopardy. Since then, Watson's been putting its natural language interpretation skills to work for heal...
Update: AAPL closed at 535.41 but is at 536.37 pushing its market cap over $500B . Some folks noticed that shares of Apple, Inc. surged yesterday morning amid favorable market conditions. Today’s announcement of the March 7 iPad 3 unveiling has managed to push the Cupertino, Calif.-headquartered designer of shiny electronics to a new lifetime [...]
February 8, 2012
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Amazon announced the company’s fourth quarter results last week, which fell short of Wall Street’s estimates. The company reported $17.4 billion in revenue, with net sales up 35% from $12.95 billion in the same quarter of 2010. Despite falling short of analyst estimates of $18.26 billion, Amazon’s growth was more than twice the overall market’s growth according to data from comScore. At $49.6 million, U.S. retail spending was only up 14% in the fourth quarter of 2011. “The growth rate represented the ninth consecutive quarter of positive year-over-year growth and fifth consecutive quarter of double-digit growth rates,” said the company’s press release. “For the entire 2011 year, U.S. retail e-commerce spending reached a record $161.5 billion, marking a 13-percent increase from 2010.” Read
Analyst Andy Zaky overestimated Apple earnings by 20 percent last quarter. Here’s his take right after: Why Apple’s big miss doesn’t matter. This miss is just a minor blip due to analysts getting overzealous with their estimates. Today, he wrote: Apple Fiscal Q1 2012: The Biggest Earnings Blowout in History Related articles Why [...]