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Apple Rockets Back to the Most Valuable Company in the World Position

Apple Rockets Back to the Most Valuable Company in the World Position

Sean P. Aune

After yesterday's stellar quarterly report from Apple, it's not a huge surprise that its stock is surging in value this morning.  But are we really ready for Apple to be the most valuable company in the world? Apple has toyed with the title of being the most valuable company before, but when you're up against the likes of Exxon Mobil – a company that produces a commodity that nearly...

Apple Posts Record First Quarter, Blowing the Doors Off All Projections

Apple Posts Record First Quarter, Blowing the Doors Off All Projections

Sean P. Aune

In its last quarterly report, Apple predicted a $37 billion quarter  with diluted earnings per share (EPS) of about $9.30.  The final results show that Apple shot low … very low. Apple posted record quarterly revenue of $46.33 billion for the first quarter of its 2012 fiscal year.  Beyond the gross, the net quarterly profit was $13.06 billion, or $13.87 per diluted share. This compares...

Apple Sets New Sales Records for Macs and iPads in the Fourth Quarter (UPDATED)

Apple Sets New Sales Records for Macs and iPads in the Fourth Quarter (UPDATED)

Sean P. Aune

Apple predicted a $25 billion quarter, but as is their want, they blew the doors off that with $28.27 billion being the final number. While this wasn’t their biggest gross quarter ever – that was last quarter with $28.5 billion – the fourth quarter of the company’s financial year ended up being a record for profits.  Apple reported $6.62 billion, or $7.05 per diluted share. This...