Earnings Roundup: AAPL, GLW

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– 25 januari 2012Posted in: Aapl

Apple (AAPL) reported after the bell yesterday that it earned a net profit of $13.06 billion, or $13.87 a share, beating estimates of $10.17 per share. Gross margins were 44.7 percent, and revenue increased by 73 percent to $46.33 billion,

Unless Apple (AAPL, Fortune 500) is planning to build an army of Siri-voiced iBots, it's hard to defend why the company needs that much cash. Even company executives admit that it may soon have to deploy some of it. During the company's celebratory

Apple's bust-out-of-the-blocks iPhone-powered earnings prompt analysts to boost their AAPL share-price expectations, with at least one price target set at $670.

Apple Inc. (NASDAQ: AAPL) is already all over the news this morning after the stock blew apart its analyst earnings estimates. The consumer electronics giant also carries almost $100 billion in cash and securities as of now.

These trends, along with iPhone 5 in 2H12, and further international penetration, set AAPL up nicely for 2012.” Mr. Um's views were echoed by Technology Business Research analyst Beau Skonieczny, who observed that iPhone “sales were especially strong

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