It may not be the $37.4 billion windfall analysts were expecting, but Apple surpassed its own $34 billion estimates for its fiscal third quarter, with international sales making up 62 percent of the company's fortunes.
We'll have to wait just a bit to see Apple's own quarterly results on Tuesday afternoon, but there's plenty to look forward to if AT&T's own Q2 2012 results are any indication, with the onetime exclusive carrier activating 3.7 million iPhones during the quarter.
Although the next iPhone isn’t expected until the fourth quarter, Apple appears to be “significantly” reducing orders for the current iPhone 4S model by as much as 25 percent, which could see current quarter sales drop below Wall Street expectations.
The biggest news this week wasn't really all about Apple, but it was their week to shine in their financials, Google's chance to show off their new cloud storage, and Sprint's chance to show us how losing a LOT of blood wasn't really a horrible thing.
Despite widespread use around the world, prepaid cell phones have never really caught on in the U.S., where two-year commitments stubbornly refuse to go away. But two companies whose fate depends on prepaid have watched their fortunes plummet during what is typically a strong quarter.
Stop us if you’ve heard this one before: A manufacturer specializing in Android handsets unleashes a dizzying torrent of models to confuse customers, then blames a steep drop in net profit on one device sold by a rival.
While the iPhone dominated smartphone activations in the first quarter at AT&T and Verizon, the numbers look more bleak at third-place Sprint -- until you look closer and realize Apple’s handset is actually a tourniquet for the carrier’s bleeding.
The number crunchers in Cupertino are notorious for conservative estimates when it comes to forecasting revenue for the next quarter, but Apple has managed to exceed Wall Street’s expectations yet again with $39.2 billion in revenue for their fiscal second quarter.
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.
Apple is a bit tardy with new MacBook Pros, with rumors swirling that the beefed-up notebooks are going to become more like the MacBook Air, and at least one analyst predicting the death of the super-sized 17-inch model.