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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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August 19, 2015
11:14 EDTAAPLApple to open first Middle East store this year, Bloomberg reports
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09:33 EDTAAPLActive equity options trading on open
Active equity options trading on open: AAPL BAC FB BA TWTR NFLX WMT BABA
07:52 EDTAAPLAnalog Devices growth being driven by Apple, says Jefferies
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06:35 EDTAAPLApple Stores to shift iPod stock to shelves, drop iPad smart signs, 9to5Mac says
Apple plans to make changes at its stores by relocating iPod stock to accessory shelves and removing iPad-based Smart Signs, 9to5Mac reports, citing several Apple Retail managers briefed on the plans. Apple will start to roll out these changes overnight on Tuesday of next week in the U.S., the report says. Reference Link
August 18, 2015
18:43 EDTAAPLApple denies report of 48% Apple Music retention rate, The Verge says
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16:00 EDTAAPLOptions Update; August 18, 2015
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15:54 EDTAAPL48% of Apple Music listeners give up streaming, Cult of Mac says
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09:39 EDTAAPLActive equity options trading on open
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06:30 EDTAAPLU.S. PTO views Apple D'677 iPhone design patent as invalid, Foss Patents says
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06:15 EDTAAPLNew Apple TV's OS to be TV-optimized version of iOS 9, 9to5Mac reports
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05:55 EDTAAPLQualcomm to supply all modem chips for next iPhone, DigiTimes reports
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August 17, 2015
19:12 EDTAAPLNew Apple TV device to feature iPhone-like interface, 9to5Mac says
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18:46 EDTAAPLGerman carriers prepare for September launch of next iPhone, AppleInsider says
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17:44 EDTAAPLApple says services, store, cloud may be down for some users, Bloomberg reports
16:00 EDTAAPLOptions Update; August 17, 2015
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10:05 EDTAAPLApple preparing first Kangaroo bond, Reuters reports
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09:38 EDTAAPLActive equity options trading on open
Active equity options trading on open: AAPL FB BAC MU NFLX TWTR HUN TSLA BABA MSFT
08:22 EDTAAPLSprint customers can upgrade iPhone anytime, included in monthly rate
Sprint (S) announced that customers can upgrade their Apple (AAPL) iPhone anytime, included in their monthly rate. New and upgrade eligible Sprint customers can get iPhone for just $22 per month with iPhone Forever. Anytime customers don't have the latest iPhone, they are eligible to upgrade. They bring their iPhone, upgrade on the spot and away they go. It's that simple. iPhone Forever is available on any eligible Sprint rate plan and upgrade eligibility is always included in your price. New or existing customers who are upgrade eligible can bring in any smartphone and get a 16GB iPhone 6 model and their monthly rate will be reduced to just $15 until their next upgrade. As a special promotion, customers who get iPhone 6 and upgrade before December 31 continue with the discount price of $15 until their next upgrade.
07:54 EDTAAPLApple iPhone sales likely to fall in start of fiscal 2016, says Pacific Crest
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06:38 EDTAAPLApple Watch revenue leader in wearable category, Business Insider reports
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