Apple’s Earning Report

by | Jan 29, 2013 | Blog, Finance & Economics

Posted January 29, 2013 9:50 This past Wednesday, Apple reported their earning report for fiscal Q1 2013. In their report, Apple reported record earnings. But on the flip side, Apple failed to beat estimates on a number of fronts. The only data point that Apple...

Apple’s Earnings Report

by | Oct 28, 2012 | Blog, Finance & Economics

Posted October 28, 2012 16:32 This past week Apple (AAPL) reported their 3rd quarter earnings. The results were basically in-line along with the expected conservative guidance for Q4. Apple said that the reduction in the amount of iPhone and iPad units sold was due to...

Earnings Season

by | Jul 20, 2012 | Blog, Finance & Economics

Posted July 20, 2012 16:34 This past week, earning season officially began. The market received positive news from JP Morgan Chase and Wells Fargo. JPM surprised the market with a much greater then expected EPS of $1.21 rather then the $.79 expected. The ‘London...

Jobs Report April

by | May 6, 2012 | Blog, Finance & Economics

Posted May 6, 2012 17:08 The April jobs number showed that only 115,000 jobs were added. Although the unemployment sunk to 8.1%. This number made the market sell-off around 2%. This past week, the ADP number came out and reported 119,000. In the beginning of the year,...

An Earnings-Packed Week

by | Apr 29, 2012 | Blog, Finance & Economics

Posted April 29. 2012 17:36 The biggest earnings story this week was the release of Apple’s earnings. Apple reported $12.30 per share on revenue of around $40 billion. As I said in my previous blog, there was no way that Apple was going to report earnings that were...