Apple Posts Record Q1 Revenue, but Guidance Sours After-Hours

4:59 PM, Jan. 27th, 2014 · · Apple Stock Watch


Apple reported record revenue for the December quarter—the company's first fiscal quarter—of US$57.6 billion, up from $54.5 billion in the year ago quarter. Profits were $13.1 billion, flat year over year, but because Apple has has bought back millions of shares, earnings per share came in at $14.50, up from $13.81 EPS a year ago. Apple beat consensus EPS estimates of $14.09, but it wasn't enough for the after-hours market, which sent shares of $AAPL down $31.26 (-5.68 percent) to $519.24 per share, in part because of Apple's Q2 guidance.

Analyst: iPhone 5S, iPad Driving AAPL Q1 Revenue

11:02 AM, Jan. 27th, 2014 · · Apple Stock Watch

With Apple's first fiscal quarter earnings report scheduled for this afternoon, Well Fargo analyst Maynard Um is offering up his last minute expectations. He's expecting Apple will report earnings driven by iPhone 5S and iPad sales: Specifically, 54.8 million iPhones and 24 million iPads.

AAPL Q1 2014 Earnings Report Scheduled for Monday Afternoon

8:40 AM, Jan. 27th, 2014 · · Apple Stock Watch

Apple's first fiscal quarter earnings report conference call is scheduled to start Monday afternoon at 5PM eastern time. With the iPhone 5S and iPhone 5C, plus iPad Air and iPad mini sales during the holiday quarter, Apple could announce record breaking earnings and revenue numbers. Be sure to check in with The Mac Observer this afternoon for our earnings report coverage.

Carl Icahn to Apple: I Know Best, and I Just Bought $1 Billion More in $AAPL Stock

8:25 PM, Jan. 23rd, 2014 · · Apple Stock Watch

Child's Play

Carl Icahn stepped up his pressure on Apple to increase its stock buyback program with a rambling open letter to shareholders. In that letter, which weighs in at a hefty 2,982 words, two themes are clear: the first is that Apple should listen to him because he knows best, and the second is that he just plunked down another billion dollars to buy more $AAPL stock.

Icahn AAPL Investment Tops $3B as he Slams Board over Stock Buyback

1:33 PM, Jan. 22nd, 2014 · · Apple Stock Watch

What do you do when you don't have confidence in a company's ability to manage its cash? Buy up the company's stock while at the same time berating it. That's what Carl Icahn is doing with Apple as his brings his stock investment in the iPhone and iPad maker up over US$3 billion.

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Mr. Icahn really wants Apple to increase its stock buyback program. A lot. He already has a $3 billion investment in the company, is still buying more stock, and is now saying the board of directors is doing a disservice to shareholders. Apple's February 28 shareholders meeting could get pretty interesting.

AAPL Q1 2014 iPhone, iPad Sales to Top 78M Units

11:16 AM, Jan. 14th, 2014 · · Apple Stock Watch

Apple's 2014 first fiscal quarter combined iPhone and iPad sales figures will top 78 million units, according to Canaccord Genuity analyst Michael Walkley. Those numbers will be driven by the iPhone 5S and iPad Air, both introduced later in 2013.

Apple to Host Annual Stockholder Meeting Feb 28

8:48 AM, Jan. 14th, 2014 · · Apple Stock Watch

Apple will host its annual stockholder meeting on Friday, February 28. The iPhone and iPad maker uses the annual meeting for stockholder votes on company issues, and to field questions from investors.

Wall Street’s Insane Treatment of Apple, Google, and Amazon Demonstrated in 9 Charts

11:01 AM, Jan. 6th, 2014 · · Apple Stock Watch

Apple Stock Price

Apple fans have been scratching their heads for over a year over the company's stock price. Although it regained ground in 2013, Wall Street has previously punished the company despite industry-leading numbers. Now, a Fortune reader has provided a set of handy charts that Apple supporters can point to when explaining their frustration.