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We're Bigger Than Exxon Mobil: Apple Blows Out...Again
Tuesday, January 24, 2012 - 6:33pm | 471It might be par for the course with Apple (Nasdaq: AAPL), but investors certainly still enjoy seeing the maker of iPhones and iPads crush Wall Street estimates come earnings time. And that's exactly what Apple did after the bell Tuesday when it posted a fiscal first-quarter EPS of $13.87 on sales...
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The 8th Wonder Of The World Is Spelled A-P-P-L-E
Wednesday, July 20, 2011 - 8:46am | 731Apple Inc. (NASDAQ: AAPL) just can do no wrong. Last night, the company reported earnings that not only beat Wall Street estimates, but crushed the so called "20% rule" as well. The company reported earnings of $7.79 per share on $28.57 billion in revenues. Wall Street analysts had been...
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Apple Rocks Investors with Big Sales, Record Quarterly Revenue, and Serious Bragging Rights
Tuesday, July 19, 2011 - 5:18pm | 369Apple (NASDAQ: AAPL) had a lot to celebrate this earnings season with growing sales for the iPhone (up 142%) and iPad (up 183%). The company reported record quarterly revenue of $28.6 billion and record quarterly net profit of $7.31 billion. While sales of the iPod Touch, Classic, Nano and other “...
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Apple (AAPL) Changes Accounting Treatment
Tuesday, January 26, 2010 - 9:49am | 242Apple (NASDAQ: AAPL) announced its first quarter results yesterday. The company also announced changes in its accounting practices. According to CNBC’s Jim Goldman, Apple took the Non-GAAP numbers and converted them into GAAP results. According to the new treatment, the company reported an earning...