Apple Inc. (AAPL) Sales Over $54 Billion and Stock Falls 10% AH

Apple Inc. (NASDAQ:AAPL) shares fell more than 10 percent following the company’s much-anticipated earnings report Jan. 23 just after the closing bell. Investors had been on the edges of their seats for days—or even weeks—as the nail-biter report neared amid expectations it would help … [Read more...]

Apple Inc. (AAPL) Secures New Patent for Screen Dimming

Apple Inc. (NASDAQ:AAPL) was granted another patent yesterday with the U.S. Patent and Trademark Office. The patent description is technology that automatically controls the brightness of Apple devices. This technology will also increase battery life on Apple's (AAPL) portable … [Read more...]

Apple Reports Fourth Quarter Results Up 27%

In its fiscal fourth-quarter financial summary released today, Apple announced record revenue of $36 billion and net profit of $8.2 billion. Compared to one year ago, revenue for the same quarter increased by 27 percent—nearly $8 billion—and net profit rose by $1.6 billion, a … [Read more...]