Appletell | Apple, Mac, iPhone, iPod | News, Rumors, Reviews, How-Tos

In Apple HQ, the phrase “credit crunch” is seldom heard. Why? Because again, Apple has had its best non-holiday quarter to date. Despite fewer iPods leaving the shelves, sales in Macintosh computers and iPhones were the highest yet for the Spring quarter, which saw revenue of $8.34 billion and a… Continue Reading »

Apple had yet another phenomenal quarter, selling 11 million iPods, 6.8 million iPhones, and 2.6 million Macs this time around. Apple posted revenue of $7.9 billion and net quarterly profit of $1.14 billion, or $1.26 per diluted share. This is up from $6.22 billion and net quarterly profit of $904… Continue Reading »

And so it goes with Wall Street. Half an hour before Apple’s MacBook event today, Apple was trading at $109.80 (down 0.46). We’re now half an hour after the event, and AAPL is down -5.39 to 104.87. This tends to be the trend with Wall Street, though where Apple almost… Continue Reading »

Late last week, a false report that Steve Jobs had been rushed to the hospital following a heart attack sent lemming investors to sell AAPL, driving the stock price down to $97.07, its lowest since before the original iPhone release. Now the SEC (Securities and Exchange Commission) is looking into… Continue Reading »

I have lost all faith in the media and in the sanity of stockholders today, after a citizen report on CNN’s iReport website claimed an anonymous source said that Steve Jobs had been hospitalized following a heart attack. And then, based upon that, AAPL fell as much as 5.4% to… Continue Reading »

Apple stock (AAPL) dropped nearly 18% yesterday, reaching their lowest level in over a year. The tumble came after RBC Capital Markets analyst Mike Abramsky and Morgan Stanley analyst Kathryn Huberty each cut their ratings on Apple’s stock in anticipation of slower earnings growth for the current quarter and fiscal… Continue Reading »

Former Apple General Counsel Nancy Heinen is done with her end of Apple’s backdating scandal, but at a cost. Heinen, who was charged last year at the federal level by the Securities and Exchange Commission, has agreed to pay $2 million, in addition to not being able to serve as… Continue Reading »

Apple announced yesterday their financial results for its fiscal 2008 third quarter, which ended June 28, 2008. The Company posted revenue of $7.46 billion and net quarterly profit of $1.07 billion, or $1.19 per diluted share. These results are up from revenue of $5.41 billion and net quarterly profit of… Continue Reading »

This Monday, July 21st, Apple will be report its FY 08 third quarter results via conference call. The call will take place at 2:00 PDT (5:00 EDT). Interested viewers can also listen in on a live audio webcast, which will be accessible through Apple’s website. Viewers simply need a copy… Continue Reading »

Shares of Apple Inc. (AAPL) fell for the third day in a row today, which may possibly reflect shareholder concerns about the shift in its iPhone strategy, although some analysts continue to think that the company will thrive. Behind the excitement of Steve Jobs’ announcement on Monday of the new… Continue Reading »