It's a piece of cake, he says. Just take the company's revenue guidance and add 15%
Apple beats its revenue numbers by a predictable 12% to 18%. Source: Bullish Cross
In a 5,000-word essay posted in Bullish Cross Monday, Andy Zaky laid out his method for estimating Apple's (AAPL) quarterly revenue and earnings numbers. He starts with three assumptions:
That most Wall Street analysts and financial writers are completely clueless and couldn't analyze their MORE
Philip Elmer-DeWitt - Dec 12, 2011 4:18 PM ET
After a spectacular IPO, LinkedIn's stock has lost nearly half its value. Yet it's still trading at 300 times its 2012 earnings. So why are Wall Street analysts recommending you buy it?
By Kevin Kelleher, contributor
FORTUNE -- The fears of another technology-stock bubble that prevailed in the first half of the year have faded away in the second half as a concerns about Europe's financial stability took the speculative wind out MORE
Dec 12, 2011 12:07 PM ET
Manufacturers have spent years building low-cost global supply chains. Natural disasters are showing them just how delicate those networks really are.
By Bill Powell, editor-at-large
Cars outside a Honda factory in Thailand, submerged by severe flooding.
FORTUNE -- The image to the right is almost surreal: It shows part of a Honda auto factory in central Thailand, one of the largest in Southeast Asia, swamped under 15 feet of water, brand-new cars MORE
Dec 12, 2011 11:21 AM ET
Cupertino responds to a Google milestone with a flurry of nice round numbers
Source: Google
Last Tuesday, Google (GOOG) announced that Android users had downloaded more than 10 billion apps from the Android Market and that the number of downloads was growing by 1 billion per month. To celebrate the milestone, Google was going to make a new set of "awesome apps" available on the store every day for the next week for only MORE
Philip Elmer-DeWitt - Dec 12, 2011 10:31 AM ET
No, but the steady flow of rumors about a new iPad just around the corner aren't helping
Source: Digitimes
Remember what happened to iPhone 4 sales last summer? They hit a wall in mid-July, according to Apple CEO Tim Cook, when "speculation" that Apple was about to release a new iPhone, "hit extreme highs."
Now we're in the middle of what's shaping up as Apple's (AAPL) biggest holiday season ever, and the MORE
Philip Elmer-DeWitt - Dec 12, 2011 8:10 AM ET
Fortune's curated selection of tech stories from the weekend. Sign up to get the round-up delivered to you each and every day.
"If you don't fail, you haven't tried hard enough."
-- Shervin Pishevar, Menlo Ventures Managing Partner (TechCrunch)
* HP (HPQ) has finally decided the fate of the WebOS operating system, and things are looking up. The company announced that it's making WebOS "open source," allowing developers and other hardware manufacturers to freely MORE
JP Mangalindan, Writer-Reporter - Dec 12, 2011 3:30 AM ET
The creator of the answer engine in Siri writes about his long relationship with Jobs
Wolfram. Photo: Creative Commons
There are a several novel anecdotes about Apple's (AAPL) late CEO in the piece British scientist Stephen Wolfram wrote for Saturday's The Guardian.
While at NeXT, Jobs took great interest in Wolfram's breakthrough algebra-solving computer program and even came up with a name for it: Mathematica
When Wolfram asked Jobs to blurb A New Kind MORE
Click to enlarge.
Apple's (AAPL) official photographs of Friday's opening ceremonies -- and the crowd that gathered in Grand Central Terminal to watch them -- are now available on its website here.
One as yet unsolved mystery: How Apple plans to lock the store at night.
Below: The staff.
Philip Elmer-DeWitt - Dec 10, 2011 3:09 PM ET
If true, Apple will have just expanded its addressable market by 167 million users
iPhone 4S crowd control in Hong Kong last month. Video: Andrew Leyden
China Unicom (CHU), the second largest carrier in the world's largest mobile phone market, received a government permit this week to begin selling the iPhone 4S on mainland China this month, according to two Chinese-based news outlets (see here and here).
However a third source, citing a MORE
Philip Elmer-DeWitt - Dec 10, 2011 11:04 AM ET
Supporters of a bill that could change the very nature of the Internet refuse to consider an alternative that would address the piracy problem without trampling users' rights.
FORTUNE -- A reasonable alternative to a pair of widely-reviled proposed anti-piracy laws isn't good enough for the media industry and its congressional benefactors.
The Online Protection and Enforcement Act (OPEN) is sponsored by a bipartisan group of House members hoping to reach a MORE
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| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.24 | -0.06 | -0.86% |
| Ford Motor Co | 12.26 | -0.48 | -3.75% |
| Frontier Communicati... | 4.22 | -0.25 | -5.59% |
| Juniper Networks Inc... | 21.62 | -0.75 | -3.33% |
| Cisco Systems Inc | 19.59 | -0.24 | -1.21% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,663.49 | -71.14 | -0.56% |
| Nasdaq | 2,812.82 | 7.54 | 0.27% |
| S&P 500 | 1,315.83 | -2.60 | -0.20% |
| Treasuries | 1.91 | -0.02 | -1.09% |
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