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Finance News

Apple posts $8.8 billion profit, $35 billion in sales for Q3 2012 returns

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 […]

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iPhone 3GS

Apple Facing Constrained iPhone Supplies, Could Delay Some Overseas Launches

After selling 5.2 million iPhones in fiscal Q3, including a million units that sold in the first three days, Apple has announced being “unable to make enough 3GSs to meet demand.” According to AppleInsider, voracious demand for the latest iPhone has helped restrict it to 18 launch countries out of the 80 where Apple currently […]

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News

Apple COO Tim Cook Defends Company’s Lack of Netbooks

During yesterday’s conference call to release Apple’s Q3 numbers, Chief Operating Officer Tim Cook stood by his previous assertion that Apple’s not in the market to make a netbook. At the same time, he noted that Apple’s recent laptop price cuts have helped move inventory. According to Macworld, while many industry analysts expect that it’s […]

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Finance News

Apple to Release Q3 Financial Results Today

It’s that time again and Apple has released a media advisory stating that the company will be releasing the financial results for the third fiscal quarter and second calendar quarter of 2009. The results will cover sales from March 28th, 2009 through June 26th, 2009, and will be released at the close of trading (4:00 […]

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News

Early Predictions Arrive for Apple Q3 Earnings

Apple’s Q3 numbers come out tomorrow and per CNET, while results have been both eventful and mixed, analysts are expecting more positive than negative numbers when it’s said and done. During the quarter, which ended June 30, the company released the third-generation iPhone, the iPhone 3GS, which can be regarded as a success, though its […]