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Savvy consumers blamed for Apple missFinancial Post - 19 Oct, 2011Apple Inc. missed consensus estimates for the first time since September 2004 and deferrals ahead of the new iPhone 4S release appear to be the culprit. As a result, analysts see this rare miss as explainable and continue to be bullish on Apple shares. ... |
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Apple's big miss: The analysts weigh inFortune - Philip Elmer-DeWitt - 19 Oct, 2011Apple's (AAPL) fourth quarter results were the first since 2002 that failed to beat the expectations of the analysts. A sampling of what they had to say about that: Needham's Charlie Wolf: Not every ... |
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Apple misses quarterly sales; disappoints for the first time in yearsWashington Post - Hayley Tsukayama - 19 Oct, 2011Apple failed to meet quarterly expectations Tuesday, a rare miss for the electronics giant, as sales of its signature iPhone disappointed analysts and prompted a late sell-off of the stock. The firm, the most valuable company in the world before the ... |
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Apple Falls After Wait for IPhone Causes Missed EstimatesSan Francisco Chronicle - Adam Satariano - 19 Oct, 2011Oct. 19 (Bloomberg) -- Apple Inc. fell in German trading after profit missed analysts' predictions for the first time in at least six years, evidence that customers delayed iPhone purchases before the release of the latest model. ... |
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Apple sets iPad, Mac sales recordsComputerworld - Gregg Keizer - 19 Oct, 2011Computerworld - Apple on Tuesday reported selling a record number of iPads and Macs in the third quarter but missed the aggressive targets set by Wall Street analysts for the iPhone. Apple sold 17 million iPhones, down 16% from the ... |
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Apple shares fall after iPhone sales miss forecastsBBC News - 19 Oct, 2011The world's most valuable technology company, Apple, has reported an 85% rise in its full-year results. Net profit for the year ending 24 September was $25.9bn (£16.5bn). However, its shares fell more than 5% in after-hours trading after fourth quarter ... |
The 5 biggest gripes so far about the iPhone 4SCNN - Doug Gross - 19 Oct, 2011The iPhone 4S has sold more than 4 million units, but there have been some complaints from early users. (CNN) -- Nobody's perfect. And despite generally strong reviews and record early sales, the iPhone 4S is no exception. ... |
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Wait for new iPhone hits Apple Q4Reuters - Poornima Gupta, Edwin Chan - 19 Oct, 2011SAN FRANCISCO, Oct 18 (Reuters) - Apple Inc stunned Wall Street with quarterly results that missed expectations for the first time in years as customers held off buying iPhones until the October launch of the latest ... |
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Apple Q4 income soars 54 per centThe Hindu - 19 Oct, 2011Technology giant Apple Inc has reported a 54 per cent jump in net income to $ 6.62 billion in its fourth fiscal quarter, helped by record sales of its Mac and iPad computing products. The company's revenue accelerated to USD 28.27 billion in the ... |
Apple shares plummet 5%Calgary Herald - 19 Oct, 2011TECHNOLOGY • Apple Inc. reported a rare miss in quarterly results after sales of its flagship iPhone fell well short of Wall Street expectations, hammering its shares. Shares of the world's most valuable technology corporation slid more than five per ... |
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Apple Profit Misses Estimates on IPhone SalesBloomberg - Adam Satariano - 19 Oct, 2011Apple sold 17.07 million iPhones, less than the 20 million projected by analysts surveyed by Bloomberg, as consumers held out for the iPhone 4S. Apple sold 17.07 million iPhones, less than the 20 million ... |
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Phone 4S vs. 4: S as 'Siri' or' Steve' or' Super' or 'Speed'eTaiwan News - Gobby Wang - 19 Oct, 2011According to Cnet News reports, Eric Franklin has made a comparison between the iPhone4 and iPhone4S. He concludes that the "S" in iPhone 4S could represent anything from Siri to Steve to super to speed. However, this writer tends to ... |
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Apple's quarterly sales hurt by iPhone 4S buildupSan Francisco Chronicle - Casey Newton - 19 Oct, 2011Paul Sakuma / AP FILE - In this Oct. 4, 2011 file photo, Apple CEO Tim Cook gestures during the introduction of the iPhone 4S, at Apple headquarters in Cupertino, Calif. Apple Inc., reports quarterly financial results Tuesday, Oct. 18, 2011, ... |
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In rare miss, Apple 4Q earnings disappointWall Street Journal - 19 Oct, 2011AP NEW YORK " Apple, the juggernaut of consumer electronics, stumbled in its latest quarter, as the later-than-usual launch of the new iPhone held back sales. On Tuesday, Apple reported earnings and revenue that came in below analyst expectations, ... |
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Apple Loses Some of Its ShineWall Street Journal - Jessica E. Vascellaro, Ian Sherr - 19 Oct, 2011Apple Inc. hit a rare bump in the road, just as it began to transition to life without Steve Jobs. Maker of iPhones and iPads posts earnings growth of more than 50% for the quarter, but even though consumers were ... |
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Apple reports Q4 resultsTimes of India - 19 Oct, 2011NEW YORK: Apple Inc failed to set a new sales record in the last three months of founder and CEO Steve Jobs' life. Its financial results came in below expectations - a rare miss for the company. After several record quarters, the July-to-September ... |
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Dr. Mac: iPhone 4S and its camera best yetHouston Chronicle - Bob LeVitus - 19 Oct, 2011On Monday Apple announced that it sold more than 4 million of its new iPhone 4S in the first three days they were available. That's the most ever for any phone and more than double the iPhone 4 launch during its first three days, ... |
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A rare disappointment for Apple investorsDetroit Free Press - Peter Svensson - 19 Oct, 2011Earlier this month, new Apple CEO Tim Cook introduced the iPhone 4S. The 4S didn't hit the market in time for Apple's quarterly results. / PAUL SAKUMA/Associated Press BY PETER SVENSSON ASSOCIATED PRESS Apple failed to set a new sales record in the ... |
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Apple results shock Wall StreetTimes of India - 19 Oct, 2011SAN FRANCISCO: Apple Inc stunned Wall Street by reporting results that missed expectations for the first time in years, blaming rumors of the new iPhone for hurting demand in the September quarter. Shares of Apple fell 7 per cent in extended trading on ... |
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Apple full-year results: as it happened October 18, 2011Telegraph.co.uk - 19 Oct, 2011Apple reveals disappointing Q4 results, with 17m iPhones shipping - falling short of analysts' expectations of 20m. Strong iPhone 4S sales are on the way, but they can't help over this quarter. Tim Cook (left) took over as chief executive of Apple in ... |
Apple revenue misses forecastsLondon Free Press - Poornima Gupta, Gary Hill - 19 Oct, 2011By REUTERS Apple CEO Tim Cook speaks in front of an image of an iPhone 4S at Apple headquarters in Cupertino, California Oct. 4, 2011. REUTERS/Robert Galbraith SAN FRANCISCO - Apple Inc reported a rare miss in quarterly revenue that fell short of Wall ... |
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Samsung core confirmed inside iPhone 4SCNET - Brooke Crothers - 19 Oct, 2011The A5 processor at the heart of the iPhone 4S is made by Samsung, according to a chip analysis firm, putting an end to speculation that Apple had gone elsewhere for its core silicon. ... |
Speech Smack-Down: Siri vs. Android Voice ActionsBusinessWeek - Kevin C. Tofel - 19 Oct, 2011Apple reported on Monday, Oct. 17, that it has sold 4 million iPhone 4S handsets in the debut weekend of the new smartphone. Some may have purchased it for the dual-core processor, while others were sold on the updated 8 megapixel ... |
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Apple disappoints analysts despite 54 per cent rise in profitEconomic Times - 19 Oct, 2011For any other big company, a 54 per cent increase in profit and a 39 per cent jump in revenue would be enviable. For Apple though, weak sales of its star product - the iPhone - were enough to overshadow everything else when it reported fourth-quarter ... |
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How Apple can boost the economyMarketWatch - Brett Arends - 19 Oct, 2011After last night's quarterly earnings, I have four words for you. (And no, they're not “I want an iPhone.”) Apple said last night that as of Sept. 24, the end of the fiscal year, it was sitting on $116 billion in cash, ... |
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Shares drop as iPhone sales fall shortSydney Morning Herald - 19 Oct, 2011Apple first earnings forecast miss in six years may be because consumers held off buying iPhone 4 handsets in anticipation of the iPhone 4s, analysts say. Apple reported a rare miss in quarterly results after sales of its flagship iPhone fell well ... |
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Oh no it's not!Sydney Morning Herald - Lia Timson - 19 Oct, 2011iPhone 4S owners have been quick off the mark to demonstrate Apple's new speech recognition and artificial intelligence app. Tom Compagnoni reports. The executive love affair with the iPhone and the iPad may be dealt a bucket of cold water if Apple ... |
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An interview with Siri (podcast)CNET - Larry Magid - 19 Oct, 2011After spending the weekend with Siri, the personal assistant who lives inside the new iPhone 4S, it occurred to me that she would be a good interview subject for my CBS News & CNET podcast. ... |
Despite strength, Apple earnings miss the markZDNet Asia - Josh Lowensohn - 19 Oct, 2011Fueled by strong sales of the iPhone, Apple reports revenues of US$28.27 billion but misses Wall Street analysts' expectations. Despite a strong close, Apple's final fiscal quarter of 2011 ... |
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iPhone 4S security hole uncoveredStuff.co.nz - Lia Timson - 19 Oct, 2011The executive love affair with the iPhone and the iPad may be dealt a bucket of cold water if Apple does not address a security loophole introduced by the new personal assistant application Siri. An IT manager for a large Australian corporation with ... |
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