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Event Madness: Apple's Fancy Footwork September 09, 2009
Mac fans are waiting breathlessly for Wednesday's Apple event, when new products may be introduced. The excitement has sent Apple's share prices soaring -- at Tuesday's close, they were up $2.29 or 1.34 percent, to $172.60. That could very well change Wednesday morning once people know exactly what Apple's next move is.
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Apple's Holding Half a Glass September 02, 2009
The news for Apple investors is mixed this week, and the company's stock prices reflect that uncertainty. You'd think Apple's share prices would skyrocket at the news that Apple has finally cracked the China market, and a report that it might cut a deal with Verizon. Or at the news that Mac sales in the enterprise are growing. Instead, Apple's share were down.
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Apple Floats, but Will It Fly? August 26, 2009
Take a look at your favorite online stock tracker site and check out the year's activity for Apple, starting at the beginning of August last year. Then compare that with Tuesday's closing price. On Aug. 8, 2008, Apple's closing price was $169.55. At Tuesday's close, it was $169.40. After a year of new gadgets and a stock market crash, the per-share loss is 15 cents.
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Apple, Palm and the 'No-Poaching' Non-Agreement August 21, 2009
When Apple CEO Steve Jobs suggested to Palm that the two companies refrain from hiring away each other's top employees, as reported by Bloomberg, was he committing an illegal act? Or will he skate by because Palm CEO Ed Colligan rejected the proposal, so nothing really happened? The incident occurred two years ago, shortly after Palm had hired former Apple executive Jon Rubinstein, according to a report.
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A Slip, a Slide, and a Bounding Bull Run for Apple August 19, 2009
Buoyed by a bullish report on smartphones from RBC Capital Markets, Apple share prices shot up by more than $4 on Tuesday. Share prices of Research In Motion and Palm also rose. If RBC is right, we're in for a wild, high ride. If it's not -- hey, the iPhone is about to go into China, the next iPod touch will probably have new features, and perhaps an iTablet is on the way.
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Where Will AAPL Be in a Year? August 12, 2009
If you're going to buy Apple stock, buy it for the short term, and keep a wary eye out for the overall economic situation, warns a message from investment banking firm UBS. That might be good advice, given the general high level of excitement about all things Apple. The loudest rumors surrounding Apple now are that that the company plans to bring out a tablet computer and offer it on Verizon's cellular network.
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Schmidt or No Schmidt, Apple's Board Doesn't Steer the Ship August 07, 2009
I find this whole Eric Schmidt-is-a-Google-spy thing terribly amusing, and not because the Fake Steve Jobs is still doing his thing with joyful aplomb. No, the whole situation is funny because Apple's board of directors doesn't direct Apple. Seriously, in the history of corporate boards of directors, can anyone think of a board that is less needed than Apple's?
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It's a Big Bowl of Hot Alphabet Soup for Apple August 05, 2009
On Monday, Google CEO Eric Schmidt stepped down from Apple's board of directors, just three months after vowing to stay on. However, that announcement was apparently not enough to satisfy federal regulators -- the Federal Trade Commission later reiterated that it would continue looking into the two companies' top-level ties.
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Schmidt Decampment Signals Mounting Apple-Google Rivalry August 03, 2009
Only about five miles separate Apple's Cupertino, Calif., campus from the Googleplex in Mountain View in Northern California's Silicon Valley. Yet the distance between the two tech giants grew a little wider in other ways Monday with the news that Google CEO Eric Schmidt would be stepping down from Apple's board of directors.
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Is iPhone Finally Ready to Clinch the China Deal? July 29, 2009
Once again, rumors that Apple has cracked the China market for the iPhone have set the news media buzzing. However, the talk apparently did little for Apple's share prices Tuesday. If true, though, those rumors mean Apple is set to grow like gangbusters. Meanwhile, Cupertino has locked up chip supplies and is launching attacks on other fronts.
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How Long Can AT&T Keep Its Beloved Ball and Chain? July 24, 2009
Empty pockets and tight budgets are in style this season, but it looks like Apple missed the memo. The company reported an unfashionably prosperous third fiscal quarter, growing its revenue nearly 12 percent year over year to $8.34 billion. Its gross margins shot up to 36.3 percent, compared to last year's 34.8.
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The iPhone's Not the Cause of Apple's Success - It's the Effect July 24, 2009
To the delight of Apple fans everywhere, the company is kicking butt and taking names. There's really no way around that statement, and Apple's most recent report for its fiscal 2009 third quarter backs it up. The company in Cupertino posted revenue of $8.34 billion and a net quarterly profit of $1.23 billion.
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Apple Burns Bright With Fat Margins, Plump Profits July 22, 2009
Apple issued results for its fiscal third quarter on Tuesday, in the process blowing out all the stops. Revenues totaled $8.34 billion and net quarterly profits came in at $1.23 billion, or $1.35 per diluted share. That works out to a year over year revenue growth of almost 12 percent compared to the $7.46 billion chalked up during Q3 of 2008.
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The SEC's Hard Look at Apple and Apple's Slow Boat to China July 15, 2009
Public statements issued by Apple over the past year concerning the health of CEO Steve Jobs may have caught the attention of federal regulators -- the Securities Exchange Commission is rumored to have launched an investigation. What the SEC wants to know is, did Apple mislead investors with its statements? However, that is difficult to prove, and it's counterbalanced by solid company performance.
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Of DoJ Probes, Lost Marketers and Nvidia Vexations July 08, 2009
It's been a pretty bad week for the financial markets in general, and it seems the bears may stick around for a while. On Tuesday, the S&P fell to a 10-week low; meanwhile the Obama administration began muttering about a new stimulus package, the Dow fell more than 161 points, and the Nasdaq fell more than 40 points.
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Tea Parties, Pirate Ships and a Kayak: A Summer at Sea July 02, 2009
For seven months, a New York Times reporter named David Rohde was held prisoner by Taliban kidnappers. However, you wouldn't learn that from reading The New York Times -- or even Wikipedia, for that matter. In addition to other news organizations, the Times reportedly asked Wikipedia not to publish information on the abduction.
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