In the days before Apple's (AAPL) quarterly earnings report, several analysts hastily raised their estimates for the company's Q4 profits -- as if fearing a repeat of the last four quarters, when the company beat Wall Street's targets by anywhere from 22% to 46%.
But it was too little too late. As CNNMoney reported at the close of market today, Apple posted sharply higher sales and earnings in the quarter that MORE
Philip Elmer-DeWitt - Oct 22, 2007 6:03 PM ETImage: facebook.com
Facebook is more than just a place to waste time and follow friends – it's also a place to find iPhone engineers.
At least, that seems to be what Apple (AAPL) is hoping. The company today used the Facebook Marketplace to list this opening for an iPhone software engineer, who would work on the iPhone's e-mail functions.
Jon Fortt - Oct 22, 2007 3:07 PM ETImage: http://store.apple.com
If its online traffic is any guide, Apple (AAPL) had a pretty decent quarter.
The maker of iPods, iPhones and Macs grew its online traffic 18 percent compared to a year earlier, from a monthly average of 36.6 million unique visitors to 43 million, according to Nielsen Online. Total minutes at the site grew 22 percent, from 7 billion in calendar Q3 2006 to 8.6 billion in calendar Q3 2007.
Nielsen MORE
Jon Fortt - Oct 22, 2007 1:26 PM ET
It's the walk-up to the CTIA show in San Francisco, and Mark Collins, VP Consumer Data, AT&T Wireless (T), is on stage talking about Apple's (AAPL) iPhone and other developments that are changing the wireless game.
Jon Fortt - Oct 22, 2007 12:21 PM ETFlash-based models such as the new iPod touch are increasingly upstaging Apple's hard drive-based players. Photo: Jon Fortt
In the iPod's world, storage isn't the selling point it used to be.
That's one clear lesson from the sales rankings at the Apple Store, which posts a regularly updated list of the most popular iPod models. Though the iPod classic, which uses a hard drive to store music and video, offers a whopping MORE
Jon Fortt - Oct 22, 2007 9:00 AM ETEvery morning, discover the companies, deals and trends in tech that are moving markets and making headlines. SUBSCRIBE
Receive Fortune's newsletter on all the deals that matter, from Wall Street to Sand Hill Road. SUBSCRIBE
Covering the digital giants of Silicon Valley and beyond, an in-depth look at enterprise companies, and the startups disrupting them. Emailed twice weekly. SUBSCRIBE
Anne Fisher answers career-related questions and offers helpful advice for business professionals. SUBSCRIBE
| Company | Price | Change | % Change |
|---|---|---|---|
| JPMorgan Chase and C... | 36.24 | 0.45 | 1.26% |
| Microsoft Corp | 30.21 | -0.27 | -0.89% |
| General Electric Co | 18.40 | -0.20 | -1.08% |
| Ford Motor Co | 10.15 | -0.17 | -1.65% |
| Sprint Nextel Corp | 2.47 | -0.03 | -1.20% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,632.00 | -63.35 | -0.50% |
| Nasdaq | 2,893.76 | -8.82 | -0.30% |
| S&P 500 | 1,330.66 | -7.69 | -0.57% |
| Treasuries | 1.78 | -0.01 | -0.62% |