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Stock Market & Financial Investment News

News Breaks
April 24, 2012
11:10 EDTAAPLEarnings Preview: Apple could show a modest beat for Q2
Apple (AAPL) is expected to report Q2 earnings after the market close on Tuesday, April 24, with a conference call scheduled for 5:00 pm ET. The consensus estimate is $10.06 for EPS and $36.81B for revenue, according to First Call. Apple guidance for Q2 is EPS of about $8.50, on revenue of $32.5B. Whisper numbers are for EPS of $11.57, revenue of $41.87B, and gross margin at 42.1%. Whisper for units sold: iPhones: 31.73M, iPods: 15.77M, iPads: 14.17M, Macs: 5.14M, compared to Q1 reported figures of 37.04M iPhones sold, 15.4M iPods, 15.43M iPads sold, and 5.2M Macs sold. Without leadership from Apple tonight, some feel it is going to be tough for the market to escape its recent funk. Investors will be paying particularly attention to iPhone sales, given recent worries of a slowdown. The iPhone accounted for 52.66% of Apple's revenue in its most recent quarter. Concerns about iPhone sales grew last week, when Apple supplier Qualcomm (QCOM) said it's seeing supply constraints for its 28 nanometer chips during its Q2 earnings call. There are also concerns that telecom giants AT&T (T) and Verizon (VZ) may cut subsidies for the iPhone, as it's proven to weigh on their margins. This leaves the potential for Apple to sell fewer phones. Verizon said it activated 3.2M iPhones during the last quarter, down from 4.2M the previous quarter. AT&T announced Tuesday that it activated 4.3M iPhones during its Q1, below Wall Street expectations. Piper Jaffray's Gene Munster said he believes the fears of a subsidy cut are overblown. Jon Najarian, co-founder of TradeMonster.com thinks that Apple's Q2 focus will be about Mac sales and outlook going forward -- rather than the iPhone 4S and new iPad. There hasn't been a refresh on Mac products in over a year. Mac accounts for roughly 15% of Apple revenues. Najarian wonders not if Apple can top estimates, but "how big the beat will be." With EPS of $9.95 as the base case Najarian "wouldn't be surprised to hear a $10.50 or $11.00 number." Wedbush's quarter preview said that Mac sales could be soft ahead of a refresh. Wedbush estimates Q2 Mac shipments worldwide of 4.3M units, up 14% year-over-year, but down 18% quarter-over-quarter.
News For AAPL From The Last 14 Days
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November 13, 2014
06:23 EDTAAPLChipmakers in Apple Watch supply chain to start production, DigiTimes reports
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06:07 EDTAAPLApple paying little in iTunes taxes outside North America, AFR reports
According to a report from The Australian Financial Review, which cites an investigation led by the International Consortium of Investigative Journalists, more than two-thirds of the money Apple’s iTunes makes outside North America goes through the group’s Luxembourg holding company where it is not taxable. Apple has been widely criticized for its tax practices in Europe. Reference Link
November 12, 2014
16:00 EDTAAPLOptions Update; November 12, 2014
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09:37 EDTAAPLActive equity options trading
Active equity options trading according to Track Data: AAPL CLSN TWTR BABA NFLX TSLA AMZN CSIQ C
06:36 EDTAAPLOrder visibility highest for Apple, Lenovo shipments in 2015, DigiTimes says
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November 11, 2014
16:01 EDTAAPLOptions Update; November 11, 2014
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13:09 EDTAAPLApple to face lawsuit on failed texts when switching to Android, Reuters says
Apple must face a U.S. federal lawsuit for failing to alert consumers that text messages may be interrupted after switching to an Android-based phone from an iPhone, says Reuters. Reference Link
09:55 EDTAAPLAlibaba, Apple working out details on partnership in China, WSJ reports
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09:37 EDTAAPLActive equity options trading
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08:15 EDTAAPLAlibaba says willing to collaborate with PayPal in future, Bloomberg reports
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07:35 EDTAAPLApple price target raised to $125 from $115 at UBS
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06:31 EDTAAPLApple making aggressive move into corporate market, Reuters says
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06:03 EDTAAPLQ4 global tablet shipments estimated at 74.5M units, DigiTimes reports
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November 10, 2014
16:00 EDTAAPLOptions Update; November 10, 2014
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12:42 EDTAAPLFireEye details hack attack found on Apple operating system
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12:39 EDTAAPLFireEye has uncovered iOS flaw that leaves devices vulnerable, CNBC reports
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09:35 EDTAAPLActive equity options trading
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07:34 EDTAAPLApple Pay seen making up 1% of Whole Foods transactions since launch, Dudas says
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06:27 EDTAAPLGT Advanced accuses Apple of 'bait-and-switch' in unsealed documents, WSJ says
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06:00 EDTAAPLApple implied volatility of 19 at lower end of index mean range
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