- Apple Inc. (AAPL), the worlds largest company by market capitalization, announced its third-quarter profit on Tuesday that disappointed analysts, who were expecting more from the maker of the phenomenally successful iPad and iPhone. (ABC News)
- Goldman Sachs weighed in on Apple (NASDAQ: AAPL) following last nights rare earnings miss. The firm lowered estimates and cut its price price target from $850 to $790 but maintained its Conviction Buy List rating on the name. (StreetInsider.com)
- Apple's (AAPL) massive lead in the tablet market grew in the second quarter as the sleek third-generation iPad and less expensive iPad 2 combined to take back a small chunk of market share that Android tablets had previously stolen. (YAHOO!)
- Apple Inc. (AAPL) persuaded a federal judge to let jurors hear about document destruction by Samsung Electronics Co. (005930) in a patent trial scheduled to begin July 30 in San Jose, California. U.S. Magistrate Judge Paul S. (Bloomberg)
- It was quite comical watching various Apple (AAPL) scribes and analysts hit the news cycle and social media with calls for calm over the company's earnings miss. (Forbes)
- Just when it seemed as though Apple (NASDAQ:AAPL) had cemented its position as the dominant player in the tablet market with the iPad, along came Amazon (NASDAQ:AMZN) to shake things up last holiday season with its 7-inch Kindle Fire. (Investorplace.com)
- Jul 25, 2012 (Marketintelligencecenter.com via COMTEX News Network) -- Apple (NASDAQ: AAPL) slumped Wednesday after the companys fiscal third-quarter results missed on the top and bottom lines. Net income was $9. (comcast.net)
- Bernstein Research's Toni Sacconaghi this afternoon offers up his preview of Apple's (AAPL) fiscal Q3 report, expected next Tuesday. (Barron's Online)
- Bloomberg News reports that Apple Inc. (AAPL) has been ordered by a judge to issue a notice on its U.K. website stating that Samsung Electronics Co. didn't copy designs for the iPad. U. (wallstreetpit.com)
- Gabelli maintains a Buy on Apple (NASDAQ: AAPL). Gabelli analyst, said, We prefer focusing on Apple's increasingly bigger earning power rather than product cyclicality. (StreetInsider.com)
Wednesday, July 25, 2012
AAPL
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