Apple announced yesterday their financial results for the fiscal 2012 first quarter which was tied into 14 weeks, ending December 31st 2011. They posted record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 billion, or $13.87 per diluted share. They have improved on the year previous, …

Investment Bank J.P. Morgan has raised their projections of Apple's earnings through 2012 in expectation of continued growth from both the iPad and the iPhone. Mark Moskowitz, an analyst with the company issued a note to investors early today with revised estimates, increasing his revenue estimate for the March quarter …

Well we never thought this situation would be reversed but Microsoft continue to be outperformed by the shiny fruit maker in Cupertino. Microsoft reported record revenue of $16.20 billion for the quarter ended September the 30th, a 25% increase on the same period last year. While $16.20 billion is a …

Last week news broke that Verizon Wireless will sell a CDMA version of Apple's iPhone early next year. This could help Verizon hold their lead against AT&T and boost iPhone sales by 10 million handsets in 2011. A CDMA iPhone can offer Apple huge sales growth as more than 543 …

Apple have overtaken PetroChina Co. to become the second biggest company on the planet. Apple are now valued at $265.8 billion which surpasses the worth of PetroChina at $265.5 billion. Apple are one of the fastest growing companies on the planet and are still trailing Exxon Mobile Corp who are …

Apple announced their earnings for the third fiscal quarter yesterday and once again, they have surprised analysts, surpassing even Wall Street's estimates. Dan Gallagher reporting for Marketwatch said: “Shares of Apple rose nearly 2% in after-hours trading, after jumping nearly 2.6% to close at $251.89 late in the regular session. …