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Apple’s Financials: Finding a Way to Turn Good News to Bad

July 22nd, 2008

All right, so Apple can’t even sit back and celebrate its record 3rd fiscal quarter profits without seeing its stock price plummet again. As usual, the reasons are complicated, and probably only related in part to the company’s actual performance or their immediate expectations for the current financial quarter.
Although one press report erroneously stated that [...]


The Inevitable Comparison: Apple’s Financials and the Health of Steve Jobs

July 21st, 2008

Just ahead of the news of Apple’s stellar quarterly financials, their stock price increased a trickle, which seems at wide variance with the results.
In brief, Apple beat the street, as is typical, with record sales of $7.46 billion for the quarter ending June 28, 2008. Profits came in at $1.07 billion, or $1.19 per diluted [...]