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Citigroup Raises PT On Apple To $435
Thursday, April 21, 2011 - 6:42am | 25Citigroup has raised the price target on Apple (NASDAQ: AAPL) from $415 to $435 and maintains its Buy rating.
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Piper Jaffray Raises PT On Apple To $554
Thursday, April 21, 2011 - 6:29am | 26Piper Jaffray has raised the price target on Apple (NASDAQ: AAPL) from $483 to $554 and maintains its Overweight rating.
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US Stock Futures Up After Upbeat Apple Results; Jobless Claims Data In Focus
Thursday, April 21, 2011 - 6:04am | 545US stock futures are higher this morning, after upbeat results from Apple Inc (NASDAQ: AAPL). Investors are awaiting earnings reports from several companies and data on jobless claims. Futures on the Dow Jones Industrial Average gained 53 points to 12,449.00 and futures on the S&P 500 stock...
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Apple 2Q FY2011 result blows away forecasts
Thursday, April 21, 2011 - 4:58am | 227Apple today announced their 2nd quarter financial result for fiscal 2011. Below are some quick numbers : Revenue – $24.67 billion (83% increase y-o-y) Profit – $5.99 billion (95% increase y-o-y) EPS – $6.40 per diluted share Gross margin – 41.4% International sale accounted for 59% Sale of...
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CEOWORLD Daily Business and Tech Roundup- AAPL, BP, RIG, VZ, RIMM, NOK, AIG, BRK.B, BA, GOOG, WFC…
Thursday, April 21, 2011 - 4:56am | 1297Apple (AAPL) earnings surpassed expectations- AAPL is trading higher by 1.41 percent to $342.61 in pre-market trading. Over the last 52 weeks the stock has ranged from a low of $199.25 to a high of $364.90. AAPL will report its fiscal-Q2 earnings after today's close. Analysts are expecting the...
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Stocks To Watch For April 21 (GE, AAPL, MS, YUM, VZ)
Thursday, April 21, 2011 - 2:39am | 283Some of the stocks that may grab investor focus today are: Wall Street expects General Electric Co (NYSE: GE) to report its Q1 EPS at $0.28 on revenue of $34.64 billion. GE shares gained 0.78% to $20.56 in after-hours trading. Apple Inc (NASDAQ: AAPL) reported a 95% jump in its FQ2 earnings. The...
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Technology running wild, AAPL & QCOM
Wednesday, April 20, 2011 - 8:52pm | 281The market traded in an extremely tight range all day after the strong gap-up open. The strong AAPL and QCOM results probably will help the bulls continue tomorrow into friend holiday seasonality. Breadth was exceptionally strong and volume was decent. Banks were the only weak sector today. After...
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Apple Rises On Earnings News (AAPL)
Wednesday, April 20, 2011 - 5:53pm | 168Apple (NASDAQ: AAPL) released its second quarter earnings results after the closing bell on Wednesday. The company reported net income of $5.987 billion, or $6.40 per share, compared to $3.074 billion or $3.33 per share, in the year ago quarter. This came in ahead of analysts' consensus EPS...
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UPDATE: Steve Jobs Present in Office on a "Regular Basis" (AAPL)
Wednesday, April 20, 2011 - 5:42pm | 46A conference call spokesperson for Apple (NASDAQ: AAPL) said that Steve Jobs is in the office on a "regular basis." The comment came after a question regarding rumors about Steve Jobs' health and ability to perform his duties.
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Apple iPhone Sales Increase 113% YoY; Sells 9M iPods vs 10.9M iPods Prior Year (AAPL)
Wednesday, April 20, 2011 - 5:09pm | 48On its conference call, Apple says it sold 9M iPods vs 10.9M iPods sold in the prior year (NASDAQ: AAPL). Apple also reported record revenue in iTunes. iPhones had a 113% sales increase year-over-year. Recognized revenue from the handset market increased 127%.
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Apple (AAPL) Earnings - Business as Usual
Wednesday, April 20, 2011 - 4:52pm | 639Apple (AAPL) is Apple nowadays and has been for a long time - they lowball estimates, analysts add some sort of premium to the complete nonsense that Apple pushes out as guidance, and then Apple (AAPL) beats the analysts - usually by a huge margin. At which point they lowball estimates for the...
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Apple CFO: iPad 2 Demand "Staggering"; Japan Did Not Impact March Quarter (AAPL)
Wednesday, April 20, 2011 - 4:45pm | 21Apple CFO: iPad 2 Demand "Staggering"; Japan Did Not Impact March Quarter (NASDAQ: AAPL)
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UPDATE: Apple Says "We Sold Every IPad 2 That We Could Make" (AAPL)
Wednesday, April 20, 2011 - 4:44pm | 24UPDATE: Apple (NASDAQ: AAPL) Says "We Sold Every IPad 2 That We Could Make" in Earnings Release.
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UPDATE: Apple Beats EPS by $1.03; Revenues by $129M; Guides EPS and Revenues Below Estimates (AAPL)
Wednesday, April 20, 2011 - 4:41pm | 24UPDATE: Apple Beats EPS by $1.03; Revenues by $129M; Guides EPS and Revenues Below Estimates (NASDAQ: AAPL)
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F5 Networks (FFIV) Beats, and Guides Up Slightly
Wednesday, April 20, 2011 - 4:34pm | 551While everyone on Earth awaits the results a small company named Apple (AAPL), we have F5 Networks (FFIV) out and much like Riverbed Technology (RVBD) the results -while not super - are a sigh of relief. After rallying 7% during the normal session, the stock is up some 7% in after hours, to the $...