Apple Earnings Up, but Stock Falls on Outlook
66503
Apple beat Wall Street expectations with its earnings report, but shares of its stock fell more than 11 percent in after-hours trading as investors fretted over its future.
651560
U.S. stocks were little changed on   Thursday as signs of a weakness in housing countered gains in   Apple Computer Inc. AAPL.O, which buoyed the Nasdaq.
209141
Apple sees profits surge 57% in the three months to December, but profit forecast disappoints.
23626
U.S. stocks rose on Monday, rebounding from last week's steep sell-off as optimism that Apple  would deliver strong earnings drove the Nasdaq to a gain of 1 percent.
200997
Stocks rose at the open on Tuesday as strong earnings from Apple Inc.  and American Express Co  calmed fears that consumers were curbing their spending.
368449
Apple Computer Inc. AAPL.O on  Wednesday posted a quarterly profit that blew past even the  highest Wall Street forecasts on skyrocketing sales of its iPod  digital music players and the highest number of Macintosh  computers sold in more than four years.
660770
Apple reported strong earnings for its fourth quarter on Monday, boosted by record Macintosh computer sales and the shipment of 1.12 million iPhones.
652139
The iPod helped Apple's profit get up and dance. Apple Computer Inc. reported Wednesday that net income for its fourth fiscal quarter jumped 140 percent from the same period a year ago. -The Washington Post
614287
Apple on Monday reported a $904 million profit or $1.01 per diluted share on revenue of $6.22 billion for its fiscal fourth quarter. The quarter was strengthened by record Mac sales as well as high iPod and iPhone sales.
650873
Stocks rose on Wednesday as Apple Inc.  gained on positive brokerage comments about new iPod players, leading a rebound in technology shares.
319765
Apple Computer Inc. reported yesterday that profit in its fourth fiscal quarter jumped 140 percent from the comparable quarter last year.
256752
Wall Street was set for a flat start on Thursday but stellar results from Apple Computer  will underpin the technology sector ahead of earnings from network computer maker Sun Microsystems .
254281
Stocks looked set to open higher on Tuesday, with strong earnings by Apple Inc.  and American Express Co  allaying fears that consumers were easing their spending.
618446
Shares of Apple Computer Inc. rose more than 10 percent in early trade on Thursday, boosted by its report that quarterly profit and revenue jumped on robust sales of its iPod digital music players, and optimism for results in the current quarter.
194524
Stocks rose on Tuesday as strong earnings by Apple Inc.  and American Express Co  eased concern about consumer spending and profits.
440924
Apple Computer Inc. AAPL.O on  Wednesday reported its quarterly profit more than doubled as it  sold more than 2 million iPod digital music players and said  results for the current quarter would top Wall Street  estimates.
393591
Apple reported strong earnings for its fourth quarter on Monday, boosted by record Macintosh computer sales and the shipment of 1.12 million iPhones.The company beat analyst estimates with net income of $904 million, or $1.01 per share, compared with $542 million, or $0.62 per share, in net income reported in last year&#39;s fourth quarter. Analysts polled by Thomson Financial estimated a consensus of $760.45 million in net income and earnings of $0.84 per share for the quarter ended Sept. 29.The company reported $6.22 billion in revenue, up from $4.84 billion in the fourth quarter last year. The revenue consensus from analysts polled by Thomson was for $6.07 billion.For fiscal 2007, Apple reported net revenue of $24 billion and net income of $3.5 billion, said Peter Oppenheimer, Apple&#39;s CFO, in a conference call with financial analysts.Looking ahead, the company estimates that revenue will hit $9.2 billion with earnings per share of $1.42 for the first fiscal quarter of 2008, Oppenheimer said.The company shipped 2.16 million Macs during the quarter, a 34 percent growth over the year-ago period, Apple said in a news release.Mac sales increased worldwide, spurred by back-to-school promotions, said Tim Cook, Apple&#39;s COO, on the call. In addition to rapid growth in the U.S. and Europe, Mac unit shipments also increased in Japan, a major market where Apple has traditionally struggled to grow, Cook said.Shipment of Mac notebooks, including MacBook and MacBook Pro, grew 31 percent year-over-year and accounted for 62 percent of all Macs sold, Oppenheimer said.Given the success of this back-to-school period, Mac sales could be flat in the upcoming quarter, Cook warned.Sales of the iPhone are outpacing those of the iPod during the first few months after its 2001 introduction, Cook said. The company shipped 1.39 million iPhones during the year and saw a spike in sales after a $200 price drop of the 8GB iPhone from $599 to $399 in September.Apple is confident it will sell 10 million iPhones in the next calendar year, Cook said.Apple sold 10.2 million iPods during the quarter, a 17 percent year-over-year growth. iPod has sold 120 million units to date, Oppenheimer said. The upcoming holiday shopping season will be a big quarter for iPod sales, Oppenheimer said.Apple had a busy quarter with multiple product announcements.Last month, it unveiled the&#160;iPod Touch, a portable multimedia player with a touchscreen user interface and Wi-Fi capabilities. It also announced availability of the iPhone in Europe, with U.K. network operator O2 (UK) Ltd. slated to start shipping the device in November.The company is excited about entering the Europe market, and plans to enter the Asia-Pacific market in 2008, Cook said.On the software front, Apple announced iWork &#39;08, its office applications suite, in August. Mac OS X Leopard, Apple&#39;s latest operating system, will begin shipping later this week.This story was updated on October 22, 2007