It was a profitable quarter, but there were setbacks compared to last year. Per Macworld, for the company’s first fiscal quarter of 2013, Apple posted revenue of US$54.5 billion and a net profit of US$13.1 billion. Revenue rose 17.7 percent from the 2012 first quarter, while profit was flat year-over-year. Apple earned US$13.81 per share, […]
Tag: Peter Oppenheimer
There’s a nice ring to the words “US$8.8 billion quarterly profit”… Per Macworld, Apple announced its returns for the third quarter of 2012 yesterday, the company’s sales hitting US$35 billion, up 22 percent from US$28.6 billion last year while profits rose 20.5 percent to US$8.8 billion from US$7.3 billion. Earnings for the quarter were US$9.32 […]
You can’t knock both a deadline extension as well as additional storage space. Per Mac Otakara, Apple has extended the additional 20 gigabytes of MobileMe storage from its original June 30 expiration to Sept. 30. A Frequently Asked Questions page on Apple’s website was recently updated to reflect the extension. “MobileMe members with 20GB of […]
It’s pretty clear at this point: Apple’s not in danger of going out of business. Per Macworld, on Tuesday, Apple reported a net profit of US$11.6 billion on revenue of US$39.2 billion for the quarter ended March 31, 2012. Those are respective increases of 94 percent and 59 percent from the 2011 second quarter. Apple’s […]
So what DO you do with those fat stacks of cash laying about? Per AppleInsider, following up on today’s financial news, Apple will initiate a dividend and share repurchase program, spending US$45 billion over the next three years. Apple’s new quarterly dividend will amount to US$2.65 per share. Assuming it is approved by the company’s […]