In an investors note released Friday morning, UBS analyst Steven Milunovich announced that he expects Apple (AAPL) iPhone and iPad sales to drop next year, as he cut sales estimates for the March, June and September 2013 quarters by 5 million units for the iPhone and 2 million for the … [Read more...]
And They Said Tim Cook Couldn’t Fill Steve Jobs Shoes at Apple
It was the summer of 2011, as the story goes, when Apple (AAPL) co-founder Steve Jobs called Tim Cook to his home. “There has never been a professional transition at the CEO level in Apple.” Jobs told Cook, the latter recently recounted for Bloomberg. “Our company has done a lot … [Read more...]
Apple Inc. (AAPL) 30th Birthday of Apple Lisa and the Apple IIe
As the Apple Inc. (NASDAQ:AAPL) iPhone turned six earlier this month and the company prepares for its much anticipated earnings report, another monumental anniversary passed over the weekend with little fanfare. Thirty years ago, at its annual shareholder’s meeting held Jan. 19, … [Read more...]
Apple Inc. (AAPL) The Anticipation is Killing Me [Earnings Breakdown]
The question still looms heavily as Apple Inc. (NASDAQ:AAPL) stands to report its first quarter earnings on Wednesday. Will Apple report show the record sales numbers that Wall Street's analysts predict even as the stock has plummeted? A 28.4 percent drop in just four months of … [Read more...]
Apple Inc. (NASDAQ:AAPL) Year in Review and Looking Forward
After nearly a year topping $500 a share, Apple Inc. (NASDAQ:AAPL)’s stock is down 30 percent from its peak—September, when it exceeded $700—and fell to $484 Jan. 15 before slightly rebounding the next day. Was 2012 a sole year of glory for Cupertino? Right now it’s anyone’s guess. As … [Read more...]
Apple Inc. (AAPL) Consumers Tired of Siri and Ready for Improvements
Will Apple Inc. (NASDAQ:AAPL) be refining Siri in order to address customer complaints? A recent job posting made by the Cupertino firm may answer that question affirmatively, hopefully giving critics of Apple software products a run for their money. … [Read more...]
Smartphone Buyers Prefer Apple Inc. (AAPL) iPhone Almost 2 to 1 Over Samsung
Apple Inc. (NASDAQ:AAPL) is outselling Samsung 1.7 to 1 according to Tavis McCourt of Raymond James. McCourt currently has a target price of $690 on AAPL. According to McCourt on Barrons: We estimate Apple has sold approximately 219 million cumulative iPhone 4, 4S and 5 devices … [Read more...]
Apple (AAPL) End of Day Rally on News
Edit: Apple (AAPL) End of day rally 515.85 (3:45est) but what caused this? As 2012 comes to a close, it appears that when it comes to Apple news, a key item in discussion is still tied to questions about the tech firm's ability to keep fending off competition. Despite successes as … [Read more...]
Will Google’s Top Secret “X Phone” Steal the Smartphone Market
Google (NASDAQ:GOOG) is stepping up the attack on Apple (NASDAQ:AAPL) after a report came out that the company is working on “top secret” phone, dubbed the “X Phone”. Google will use Motorola to develop the phone; after Google bought the phone company earlier this year for $12.5 … [Read more...]
Apple (AAPL) Takes Another Hit and Investors Feels It
For the past year, I have been wary of Apple’s (AAPL) aggressive lawsuit campaign. I often have written about the potential dangers and consequences of the lawsuits as Apple was fighting a multi-front war against Samsung, Google/Motorola, HTC, etc. While Apple has had some very big … [Read more...]
