Downgrade Dings Apple Shares Ahead of Earnings Report
Apple's shares fell Tuesday after an American Technology Research analyst lowered his rating for the computer and gadget maker to Neutral ahead of the company's fiscal second-quarter report. Apple shares fell $7.96, or 4.7 percent, to $160.20. In the past year, the stock has traded between $91.30 and $202.96.
Downgrade Dings Apple Shares Ahead of Earnings Report
Downgrade Dings Apple Shares Ahead of Earnings Report
With Apple set to report earnings from its second fiscal quarter after the close of the stock market today, several prominent Wall Street analysts have locked in their bets on profits, revenues, gross margin, and unit sales. Here's a breakdown to hel...
Breakdown: Apple analysts place bets ahead of earnings
Breakdown: Apple analysts place bets ahead of earnings
An Apple spokesman confirmed Tuesday evening that the company has agreed purchase a boutique microprocessor design company known for sophisticated but low-power designs, Forbes is reporting.
The acquisition of the 150-person company, P.A. Semi, ma...
Apple buys chip designer PA Semi for $278 million
The acquisition of the 150-person company, P.A. Semi, ma...
Apple buys chip designer PA Semi for $278 million
Soon after launching the set-top box known as Apple TV last year, Apple CEO Steve Jobs famously downgraded it from a major new business line to a hobby. Jobs and company recently tinkered with the device, making it a whole lot more compelling. But the company has more work to do before Apple TV's a bona-fide hit.
Apple TV: A Sophisticated Device Hobbled by Limitations
Apple TV: A Sophisticated Device Hobbled by Limitations
Forbes reports that Apple has agreed to purchase chip manufacturer P.A. Semi for $278 million. The company, founded in 2003, focuses on sophisticated, low-power chips that could possibly used in future models of the iPhone.
Apple to Acquire Chipmaker P.A. Semi for $278 Million
Apple to Acquire Chipmaker P.A. Semi for $278 Million
Tomorrow Apple will announce its financial results for the second fiscal quarter of 2008 spanning January through March and give its guidance of what it expects in the third fiscal quarter. What should we expect? Let's recap what has happened this ...
Apple 2Q 2008 Results, 3Q Preview
Apple 2Q 2008 Results, 3Q Preview
Owners of Apple's early video-capable, fifth-generation iPods have found that some recent iTunes Store videos refuse to play. Also, beta versions of the iPhone's 2.0 software emulator make reference to currently unused GPS features, Apple has releas...
iTunes vids failing on 5th gen iPods; GPS in iPhone code More
iTunes vids failing on 5th gen iPods; GPS in iPhone code More
Global financial services firm Lehman Brothers initiated coverage on Apple this week with an Overweight rating and $195 price target given the company's ongoing share gains in the PC market, potential for open-ended growth with new iPhones, and prosp...
Lehman initiates coverage of Apple, sees Mac share doubling by 2013
Lehman initiates coverage of Apple, sees Mac share doubling by 2013
A recent iPhone price cut in the UK has spurred sellouts at O2 and Carphone Warehouse stores. Meanwhile, an interview with Steve Jobs will air tonight as part of a documentary on Pixar; Apple has pushed out a new build of Mac OS X 10.5.3; and AT&T ad...
O2 iPhone boost; Jobs interview tonight; 10.5.3; AT&T adds 1.3m
O2 iPhone boost; Jobs interview tonight; 10.5.3; AT&T adds 1.3m
Investment firm American Technology Research on Tuesday cut its long-standing Buy rating on shares of Apple Inc. to Neutral, citing near-term concerns with the stock's valuation, high expectations on the part of investors, and a potential product vac...
AmTech downgrades Apple shares to Neutral on valuation
AmTech downgrades Apple shares to Neutral on valuation
Investment banks Citigroup and RBC Capital Markets have both raised their outlook for Apple's second fiscal quarter, saying they expect the company to announce Wednesday revenues of more than $7 billion on sales of over 2 million Mac systems.
Citi...
Citigroup, RBC raise Apple estimates ahead of earnings call
Citi...
Citigroup, RBC raise Apple estimates ahead of earnings call
Apple has set the groundwork for instant messaging on the iPhone and other touchscreen devices with an application for a patent on a universal interface for real-time text chat services.
Published in March, the USPTO filing describes an interface ...
Apple files for universal iPhone instant messaging patent
Published in March, the USPTO filing describes an interface ...
Apple files for universal iPhone instant messaging patent
Apple and speciality electronics retailer Best Buy have extended their partnership to the Far East. Meanwhile, the latest data from NPD suggests second-quarter iPod sales remained relatively flat. And PayPal now says that it does not intend to block ...
Apple, Best Buy partner in China; NPD on iPods; PayPal clarifies
Apple, Best Buy partner in China; NPD on iPods; PayPal clarifies
Apple will be webcasting a conference call on Wednesday, April 23rd to discuss their financial results for the second fiscal quarter of 2008 spanning January through March. The conference call begins at 2:00pm PDT/5:00pm EDT.
Apple Q2 2008 Financial Results on Wednesday, April 23rd
Apple Q2 2008 Financial Results on Wednesday, April 23rd
Investment banks Citigroup and RBC Capital Markets have both raised their outlook for Apple's second fiscal quarter, saying they expect the company to announce Wednesday revenues of more than $7 billion on sales of over 2 million Mac systems.
Citi...
Citigroup, RBC raises Apple estimates ahead of earnings call
Citi...
Citigroup, RBC raises Apple estimates ahead of earnings call
As part of a multi-tiered approach to guarding against online fraud on its site, PayPal says it will block the use of any web browser that doesn't provided added validation measures, potentially restricting the current version of Safari from the e-co...
PayPal may block Safari users
PayPal may block Safari users
Apple Inc.'s next-generation iPhone will arrive in Italy in a matter of weeks under a landmark deal that will see handset sold through Telecom Italia Mobile (TIM) without a contract and carrier lock, according to Repubblica.
The authoritative Ita...
Apple said to have signed landmark 3G iPhone deal for Italy
The authoritative Ita...
Apple said to have signed landmark 3G iPhone deal for Italy
Apple on Friday afternoon planted a fresh seed of its upcoming Mac OS X 10.5.3 operating system update for its developer community, asking that the software be tested thoroughly over the weekend.
People familiar with the matter say the new pre-rel...
Apple offers developers weekend 10.5.3 seed
People familiar with the matter say the new pre-rel...
Apple offers developers weekend 10.5.3 seed
The Jensen Banshee JiSS-550 Docking Speaker Station for iPod sports several desirable features and sounds better than most iPod speaker systems in its price range. It's a two-piece system with the iPod dock in a separate cup. While its specifications aren't spectacular, its 25 watt amplifier and five small speakers provide surprisingly rich and satisfying sound at most frequencies.
Banshee iPod Speakers Pack Big Bass in a Small Package
Banshee iPod Speakers Pack Big Bass in a Small Package
Over the last couple of weeks, I've been meeting with vendors all over the country that range from those that build PCs to those that build tools and parts, to those that build back-end solutions. One common message has come through. They all are targeting Apple as the company whose performance they most want to beat.
The Secret Global War to Beat Apple
The Secret Global War to Beat Apple