Apple Fiscal Q1 2012: The Biggest Earnings Blowout in History →

December 18th, 2011 · 99 notes · #apple #fiscal #quarter #2012 #earnings #money #investor #steve #jobs

Andy M. Zaky:

The largest company in America is about to grow its earnings by a whopping 84% this quarter, and Wall Street is asleep at the wheel. Apple’s trailing twelve months of earnings is going to skyrocket from $27.68 to at least $33.00 which will finally drive Apple’s P/E ratio down into the 11′s. While fund managers continue to debate whether they should buy Amazon (AMZN) at a 95 P/E ratio or Google at 22 P/E ratio, Apple will have reported more in revenue in one quarter than each of these companies reported all last year.

Bullish Cross Research expects Apple to report $11.75 in EPS on $42 billion in revenue in fiscal Q1, which compares to the Wall Street consensus estimates of $9.79 in EPS on $38 billion in revenue. The Bullish Cross outlook, if proven accurate, will amount to Apple reporting the largest revenue and earnings blowout in the history of the company.

Apple Names Arthur Levinson Chairman of the Board, Robert Iger, President & CEO of Disney, Joins Board →

November 23rd, 2011 · 46 notes · #apple #board #of #directors #arthur #levinson #robert #iger #steve #jobs

Wonderful move to add Iger to the board, after the bond Jobs and he shared. Levinson is experienced and has been with Apple for many years. It seems that matching creativity and experience in Jobs’ absence has become the norm at Apple - smart.

Katie Cotton, Apple Press Info:

Levinson is chairman of Genentech, Inc. and a member of the Roche Board of Directors. He joined Genentech as a research scientist in 1980, and served as Genentech’s Chief Executive Officer from 1995 to 2009. He is also a director of Amyris, NGM Biopharmaceuticals, Inc., and the Broad Institute of MIT and Harvard. Levinson currently serves on the Board of Scientific Consultants of the Memorial Sloan-Kettering Cancer Center and the Advisory Council for the Lewis-Sigler Institute for Integrative Genomics. He has authored or co-authored more than 80 scientific articles and has been a named inventor on 11 United States patents. In 2008, he was elected to the American Academy of Arts & Sciences. Levinson received his Bachelor of Science degree from the University of Washington and earned a doctorate in Biochemical Sciences from Princeton University.

Iger is the steward of the world’s largest media company and some of the most respected and beloved brands around the globe. He has built on Disney’s rich history of unforgettable storytelling, with the acquisition of Pixar (2006) and Marvel (2009), two of the entertainment industry’s greatest storytellers. Always one to embrace new technology, Iger has made Disney an industry leader at the forefront of offering its creative content across new and multiple platforms. He is a member of the board of directors for the National September 11 Memorial & Museum and Lincoln Center for the Performing Arts, Inc. He became a board member of the US-China Business Council in June 2011. In June 2010, President Barack Obama appointed him to the President’s Export Council, which advises the president on how to promote US exports, jobs and growth. He is also a member of the Partnership for a New American Economy, a coalition of mayors and business leaders from across the United States that support comprehensive immigration reform. Iger is a graduate of Ithaca College.

Steve Jobs Served as a Mentor for Mark Zuckerberg →

November 7th, 2011 · 81 notes · #steve #jobs #apple #mark #zuckerberg #facebook

Jessica Guynn, Los Angeles Times:

Facebook founder and Chief Executive Mark Zuckerberg was moved that Apple’s Steve Jobs admired him for not “selling out.”  ”I know that’s one of the ways in which — in which we saw eye to eye on kind of what we were trying to do in the world,” Zuckerberg said in an hour-long interview with Charlie Rose airing Monday.  Zuckerberg also said Jobs coached him on how to build a management team that is “focused on building as high quality and good things as you are.”

Siri a "competitive threat" to Google's business, Eric Schmidt Tells US Senate →

November 6th, 2011 · 3 notes · #eric #schmidt #google #steve #jobs #apple #iphone #4 #s #siri #us #senate

Josh Ong, AppleInsider:

Eric Schmidt, Google’s chairman and former chief executive, admitted to the U.S. Senate antitrust subcommittee that Apple’s new Siri personal assistant technology is a “significant development” in search and could pose a threat to his company’s core business.  The comments came in the form of a statement to the subcommittee in response to questions from the senators after a hearing in SeptemberEric Schmidt, Google’s chairman and former chief executive, admitted to the U.S. Senate antitrust subcommittee that Apple’s new Siri personal assistant technology is a “significant development” in search and could pose a threat to his company’s core business.  The comments came in the form of a statement to the subcommittee in response to questions from the senators after a hearing in September…

It this going to lead to another anti-trust lawsuit? Other companies are sore losers. Apple gets there first and when Apple doesn’t get there first, they do it right the second time around because other companies didn’t.

Steve Jobs: The Lost Interview →

November 5th, 2011 · 6 notes · #steve #jobs #interview #lost

Ray Pride, Movie City News:

In 1995 Robert Cringely made Triumph of the Nerds, an epic PBS miniseries about the founding of the personal computer industry that has been seen in more than 60 countries. A highlight of the show was Cringely’s interview with Apple co-founder Steve Jobs in which he sorely criticized Microsoft for making bad products. That candid, controversial, and funny interview with an old associate (Cringely had worked for Jobs at one time) was by far the best TV interview Jobs ever gave. Yet less than 10 minutes were used in the series and the other 59 minutes were lost forever when the master tapes disappeared in shipping.

The film premieres on November 16 and 17 in Los Angeles and other select cities.

Tim Cook Leaving his Mark on Apple →

November 1st, 2011 · 100 notes · #apple #tim #cook #steve #jobs #ceo

Steve Jobs made the company successful and launched Apple’s flagship products, will Tim Cook be the one to maintain that success?

Jessica Vascellaro, WSJ: 

In recent weeks, Mr. Cook has tended to administrative matters that never interested Mr. Jobs, such as promotions and corporate reporting structures, according to people familiar with the matter. The new chief executive, 50 years old, has also been more communicative with employees than his predecessor…

"We expected this with 'rumors' out there. iPhone sales did decline." →

October 18th, 2011 · 23 notes · #apple #cfo #earnings #q4 #2011 #tim #cook #steve #jobs #cfo #Oppenheimer #peter

- Peter Oppenheimer, Apple’s CFO.

M.G. Siegler, TechCrunch: 

Sales dipped over 3 million compared to last quarter. This is undoubtedly because the world was awaiting the next version, the iPhone 4S, which launched last week. Though that device sold 4 million units in just three days, those numbers will count towards next quarter. Apple sold 17.07 million iPhones in the quarter, which is 21 percent growth year-over-year, but again, 3 million less than the 20+ million iPhones Apple sold in their record previous quarter. The iPhone is Apple’s biggest source of revenue.

Steve Jobs' Last Days at Apple Spent on Next iPhone, not iPhone 4S →

October 15th, 2011 · 20 notes · #apple #steve #jobs #iphone #4 #4s #5 #6 #4g

Brooke Crothers, CNET:

The next-generation iPhone “was the last project that Steve Jobs was intimately involved with from concept to final design. For that reason…this product will establish the high water mark for iPhone volumes,” Ashok Kumar, an analyst at Rodman & Renshaw, wrote in a research note this week. He expects the iPhone 5 to be a “cult classic” because of Jobs’ involvement.

Steve Jobs supposedly left his mark of approval on Apple’s product releases for the next four years.