Tag Archives: aapl

5 key takeaways from Apple’s blowout Q2 report

Apple (AAPL) stock jumped to a record high Tuesday, a day after the company reported March-quarter earnings that pulverized Wall Street expectations. But shares soon dipped into the red on growth concerns for the company’s core iPhone business. The Cupertino, Calif.-based company late Monday said it earned $2.33 a share in its fiscal second quarter ended March 28, up 40% year over year and 17 cents better than what Wall Street was targeting. Apple posted sales of $58.01 billion, up 27% and beating the consensus analyst forecast for $56.08 billion.

Synchronoss Q1 Expected To Show Cloud Business Intact

Synchronoss Technologies (SNCR) will likely show that its cloud business is solidly intact when it reports its first-quarter earnings before the market open Wednesday. The company has emerged as the leading provider of cloud services for mobile operators, as more consumers use mobile devices to store and access data over the Internet. Synchronoss moved to the cloud after becoming the leader in handset activations for Apple (AAPL) iPhones and other

Facebook Messenger Adds Video Calls; Stock On Hold

Facebook (FB) on Monday added video calls to its fast-expanding Messenger service, posing a challenge to Apple (AAPL) FaceTime and Microsoft (MSFT) Skype. But investors have put Facebook’s stock on hold as social networks Twitter (TWTR) and LinkedIn (LNKD) are poised to report earnings this week. Facebook’s Messenger, which boasts more than 600 million monthly users, is already a major player in mobile Internet calls. But on Monday, the social