At long last, citizens of the world’s most populous country can buy iPhones on their own shores, as the device went on sale in China over the weekend. Rumors of a deal with China stretch back to 2007, when the ...Read More
Apple's April 2007 Q2 earnings call announced that the company planned to book revenue for its new iPhone and Apple TV using the "subscription method of accounting," a decision that startled analysts and left many users confused. Here's what resulted ...Read More
After announcing spectacular Q4 results, Apple's Chief Financial Officer Peter Oppenheimer explained to analysts that the company is projecting lower growth in future revenues and profit margins due to cheap new products in the company's pipeline. "Greater value, lower gross margins" In ...Read More
updated: Apple said today that Mac computers and iPhones saw strong year-over-year sales jumps in the fourth quarter, allowing the company to once again beat Wall Street's expectations for the quarter and sending the stock surging in after-hours trading. Apple today ...Read More
Apple will announce its quarterly earnings Monday afternoon. As always, you can follow Apple's 2 p.m. PT conference call with Wall Street analysts with live coverage of the event at Macworld.com. What can you expect from chief financial officer Peter Oppenheimer, ...Read More
Apple chief executive Steve Jobs on Wednesday was not listed as among the executives who would participate in the opening keynote at the company's Worldwide Developers Conference. Jobs is on a six-month medical leave because of complications stemming from an operation ...Read More
SAN FRANCISCO (Dow Jones)--Maybe it's time to start believing Apple Inc.'s (AAPL) conservative earnings guidance. The Cupertino, Calif.-based consumer electronics giant customarily offers investors modest earnings forecasts and then regularly beats the target. Lately, it's defied the recession, selling slick laptops ...Read More
Wow. Someone woke up on the wrong side of the money pile Wednesday morning. You'd think skipping past Wall Street's sales and earnings estimates, more than doubling the number of iPhones sold compared to the year-ago quarter, and sitting on $28.9 ...Read More
In a question and answer session with financial analysts during Wednesday's second quarter earnings call, Apple COO Tim Cook revealed that iPod touch sales have "more than doubled year over year." Combined, iPhone and iPod touch sales total about 37 ...Read More
SEATTLE -- Strong sales of the iPhone helped Apple Inc. lift its quarterly profit 15 percent, well ahead of Wall Street's expectations Wednesday despite the global economic downturn. For the three months ended March 28, Apple's fiscal second-quarter earnings rose to ...Read More
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