Apple Updates GarageBand for Mac and iPhone: New Drummers, Apple Music Connect, Force Touch

6:42 PM, Jun. 30th, 2015 · · Apple Stock Watch

GarageBand Icons

Apple released GarageBand 10.1 for OS X Yosemite on Tuesday, as well as GarageBand 2.0.7 for iOS 8. Both updates add support for Apple Music Connect, allowing artists to upload content directly to Connect. The Mac version also adds ten new drummers, new patches, 1,000 new Apple Loops, support for Force Touch trackpad (which is currently only available on Apple's new MacBook), and more.

Apple to Announce Q3 Results July 21st

8:00 PM, Jun. 29th, 2015 · · Apple Stock Watch

Apple Logo with Stock Graph

Apple on Monday scheduled its fiscal 3rd quarter earnings announcement for July 21st. The company will release its earnings report after the closing bell, and then hold its conference call with analysts at 5:00 PM EDT/2:00 PM PDT.    Apple will stream that call to the public.

Carl Icahn Steps Up Pressure on Apple and Tim Cook to Buy Back More Shares

8:41 PM, May. 18th, 2015 · · Apple Stock Watch


Activist investor Carl Icahn stepped up his pressure on Apple and company CEO Tim Cook to increase share buybacks. In an open letter designed as much to influence investors as Apple's management, Mr. Icahn made the argument that Apple's stock is worth US$240 share today based on his believe that Apple will dominate the television market in 2016 and the automobile industry by 2020. Bryan Chaffin walks you through the pretinents.

Analyst: Apple Watch to be Apple’s Best Selling New Product

11:09 AM, Apr. 29th, 2015 · · Apple Stock Watch

Apple Watch inventory may be severely limited right now, but that won't stop it from becoming the best selling new device in the company's history. Cantor Fitzgerald analyst Brian White thinks Apple Watch will outpace all other new product launches, and he says Apple is innovating on a scale unlike anything it's done before.

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Brian White says Apple Watch will be the company's most successful product launch ever, and he thinks their current innovation streak could lead to personal robots. Please, oh please, let that come true.

After Hours Market Likes Apple’s Record Q2 Earnings

6:26 PM, Apr. 27th, 2015 · · Apple Stock Watch


Shares of Apple Inc. traded higher in the after hours market, as investors voted with their dollars on the company's second quarter results. $AAPL was trading at $134.40 per share, a gain of $1.75 (+1.32 percent), as of this writing.

Apple Reports Record 2nd Quarter with 61.1 Million iPhones Sold

5:01 PM, Apr. 27th, 2015 · · Apple Stock Watch


Apple reported on Monday a blowout March quarter, the company's second fiscal quarter. Apple reported revenues of US$58 billion with earnings of $13.6 billion, or $2.33 earnings per share (EPS). This was fueled by record Q2 iPhone sales of 61.2 million units, a 40 percent increase year over year. iPhone revenue was 55 percent higher year over year. Gross margins came in at 40.8 percent.

AAPL Q2 2015 Earnings Report Set for Today

8:59 AM, Apr. 27th, 2015 · · Apple Stock Watch

Apple will host its second fiscal quarter earnings report for 2015 Monday afternoon after the market closes. The conference call with Apple executives and financial analysts is set to start at 5PM eastern time, and The Mac Observer will be here with our usual as-it-happens coverage and analysis.

Raymond James Downgrades AAPL Because Apple Watch isn’t Insanely Great

11:42 AM, Apr. 10th, 2015 · · Apple Stock Watch

Raymond James analyst Tavis McCourt downgraded Apple from "Outperform" to "Market Perform" on Friday over concerns that Apple Watch won't live up to investor expectations. His concern is that, following early product reviews, Apple Watch won't hit the "insanely great benchmark."

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Apple seems to have sold through its Apple Watch inventory fairly quickly. Either Apple made almost none and the few people who wanted the company's new smartwatch snapped one up right away, or there's more interest than Raymond James analyst Tavis McCourt thinks.

Apple Will Announce Q2 Earnings April 27th

6:46 PM, Mar. 30th, 2015 · · Apple Stock Watch

Apple Will Announce Q2 Earnings April 27th

Apple set the date for its Q2 earnings report for April 27th. The company said on Monday it will host its quarterly conference call with analysts starting at 5:00 PM EDT.  All eyes will be on iPhone numbers.