Apple on Track to Exceed Revenue Targets
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Despite a looming recession, strong Mac sales will help Apple meet or exceed revenues this quarter.
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TechWeb - Apple remains confident that it can hit its target of 10 million phones shipped within its first year of sales, but financial analysts are wondering whether there's trouble brewing.
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SAN JOSE, Calif. - Apple Computer Inc.'s fourth quarter earnings soared on strong sales of laptop computers and its popular iPod music players, helping the company notch its highest revenue for the quarter in nine years...
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InfoWorld - Apple reported strong earnings for its fourth quarter on Monday, boosted by record Macintosh computer sales and the shipment of 1.12 million iPhones.
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Apple Computer Inc.'s iPod music player continues to help the company grow revenue at dizzying rates, leading Apple to its highest fourth-quarter revenue in nine years, the company said Wednesday.
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Apple has set the stage for a product release Tuesday. Readers tell us what they'd like to get their hands on.
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Apple Computer Inc.'s fourth quarter earnings soared on strong sales of laptop computers and its popular iPod music players, helping the company notch its highest revenue for the quarter in nine years.
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Analyst Charles Wolf says Apple Computer inc. is on a roll and has bumped up target prices for the company's stock. He also predicted the company could have more than 8% of the worldwide PC market by 2016.
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TechWeb - The Mac faithful are hoping that Steve Jobs can somehow top last year's blockbuster announcement of the iPhone.
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Apple Computer Inc. AAPL.O on  Wednesday posted a quarterly profit that more than quadrupled  on skyrocketing sales of its iPod digital music players and  strong demand for its PowerBook notebook PCs.
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According to Philip Elmer-DeWitt (Fortune), Gene Munster, an analyst with Piper Jaffray, believes that Apple is âeffectively one year ahead of its competition.â Munster made the observation after touring the 2008 Consumer Electronics show and seeing reflected in the products there displayed unmistakable evidence of Appleâs achievements in hardware design, touchscreen devices, and ecosystem connectivity. Looking forward to âAppleâs Macworld announcements (1/15),â Munster expects Apple to set a similar âbar for CES â09.â
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That&#39;s the number of music players that Apple Computer (nasdaq: AAPL - news - people ) said it sold in its most recent quarter.
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Shares in Apple jump more than 10% after record results and amid hopes of further strong profits.
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Apple has been showing off in Paris what we can expect from the company in the coming months.
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Apple Computer Inc. shares rose as much as 6.5 percent after the company said fourth-quarter net income more than doubled on surging demand for iPods and forecast profit and sales this quarter that will beat analysts&#39; estimates.
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Apple announced second quarter financial results, with revenue of $5.26 billion and a net profit of $770 million, or $.87 per diluted share. These results compare to revenue of $4.36 billion and a net profit of $410 million, or $.47 per diluted share, in the year-ago quarter. Gross margin was 35.1%, up from 29.8% a year ago. International sales accounted for 43% of revenue.
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Apple Inc. reported Tuesday its best quarter ever as profits soared to 1.58 billion dollars in the last three months of 2007 on demand for its Macintosh computers, iPhones and iPods.