Analysts seem to be perpetually disappointed no matter how many sales records Apple breaks, but the company’s market value has steadily climbed over the last year. Today, just before the markets closed, Apple’s stock (AAPL) price passed $600 USD for the first time since November 2012, and it closed the day out at $600.96. The price has since hit $602.50 in after hours trading.
Today marked the delivery of Apple's latest quarterly earnings results, as well as the latest time that the Cupertino company has exceeded Wall Street expectations. Most analyst predictions forecast that the iPhone maker would bring in only $43 billion during Q2 2014, but Apple beat those expectations with earnings of $45.6 billion. That represents $10.6 billion in profits.
T-Mobile USA's been much more aggressive in its marketing and promotion lately, and based on the numbers relayed during the earnings call this morning, it's working. Indeed, the last quarter was its best in recent memory, complete with 1.1 million new customers. But according to CEO John Legere in a statement to AllThingsD, it's "the company’s message, not the arrival of the iPhone, that is behind a recent surge in new customers."
The news just keeps getting worse for Apple on the smartphone front, as evidenced by a new report from research firm IDC (via MacRumors) that shows that iOS takes up a mere 13 percent of the smartphone market share compared to Android's whopping 79.3 percent. At this rate, it's worth wondering if iOS 7 can do much to turn the trend around to previous levels.
It's been four long years since T-Mobile has seen subscriber growth in the United States, but the fourth-place carrier is finally getting a little good news now that the first quarter of 2013 is behind it.
Last Thursday, data from IDC reportedly showed that Apple's Mac shipments had shrunk by 0.2 percent. There's just one problem with those numbers: Gartner doesn't agree, and even claims Mac market share actually grew just a bit.
Verizon Wireless may have boasted 3.2 million iPhone activations in its first-quarter 2012 results last week, but onetime exclusive carrier AT&T is still the king, announcing 4.3 million units sold for Apple’s handset in the first three months of this year.
Where will you be on Tuesday, April 24, 2012? If you’re an investor in Apple or otherwise invested in the company’s future, you’ll probably be tuning into the next conference call to discuss the company’s second-quarter earnings call.
AT&T may not have had the insane second quarter that partner Apple did, they’re still rockin’ the iPhone like a hurricane, with 3.6 million of the handsets activated over the last three months and nearly a quarter of those were new customers.
In a scheduled release of third quarter figures today, Apple reported record quarterly revenue and huge sales numbers. “We’re thrilled to deliver our best quarter ever, with revenue up 82 percent and profits up 125 percent,” said Steve Jobs, Apple’s CEO.