Earnings

Apple’s earnings report was as action-packed as ever on Tuesday evening. The company’s stock soared as it beat the Street’s consensus and announced that it will return $100 billion to investors by end of 2015, and then it got pummeled when CEO Tim Cook suggested that we won’t see any big new product launches in the June quarter this year. Volatility in the market aside, Apple still turned in a huge, huge quarter despite seeing profits plunge 18% thanks to tightening margins. Looking at the numbers on paper is one thing, but SplatF’s Dan Frommer put together put together a quick “Apple earnings dashboard” that charts key data points as compared to historical data to help tell a more complete story. A few charts follow below and the full dashboard can be found on Frommer’s blog. More →

Apple’s second quarter wasn’t nearly as bad as the bears on Wall Street thought it would be. In fact, the company actually beat estimates, even though there were some notably bearish analysts and traders on Wall Street. Despite that, Apple’s results, guidance and future are as confusing as ever, with something for both the bulls and bears alike. More →

What a difference a year can make. This time last year, Apple’s stock was dancing in the mid-$500 range about to make an explosive run to a record high in late September. Then it all came tumbling down. Apple shares have lost more than 40% of their value since topping $705 last fall, and there are still no signs of a rebound in sight. Things took a sharper turn south in the new year and the stock is down about 23% year-to-date, recently dropping below $400 for the first time since December 2011. Shares rose on Tuesday as investors geared up for Apple to report its fiscal second-quarter earnings, and the numbers are now in. More →