It's been one of Apple's busiest years in its history, but the next few months will help boost earnings, according to an analyst.
The rest of 2012 is poised to be huge for Apple (AAPL) and it's all due to one product: the iPhone 5.
The iPad Mini may be a hit product for the holiday season, but Credit Suisse analyst Kulbinder Garcha said he believes the iPhone 5 is what will really drive earnings in the all-important holiday quarter.
Apple reportedly expects huge demand for the smaller iPad, placing orders for up to 10 million units.
The Wall Street Journal reported that Apple is ordering up to 10 million units of the iPad Mini for the fourth quarter, according to some Asian component suppliers.
One of Apple's Asian suppliers, AU Optronics (AUO), is getting ready to ship 4 million panels for the iPad Mini in the fourth quarter, according to Brightwire.
The company won't be on track until 2016, CEO Meg Whitman says.
HP (HPQ) CEO Meg Whitman laid out details of the company's turnaround plan. It will take at least another three years, she said.
Whitman, speaking at the Securities Analyst meeting in New York on Wednesday, said 2013 will be a "fix and rebuild year." And the No. 1 PC maker warned of pain for investors, delivering a weaker-than-expected outlook for fiscal 2013 stemming from a limp economy.
The former eBay (EBAY) chief, who took over from the ousted Leo Apotheker, took on a Herculean task when she walked into the company's headquarters in Palo Alto, Calif., just over a year ago.
The social network announced a major milestone, and it's time to examine its meaning for investors.
By Michael Comeau
This morning, Facebook (FB) announced that it crossed the 1 billion monthly active user mark in September, putting it just behind oxygen and water in terms of importance to human life here on Earth.
But now, the question on everyone's mind: What does this mean for earnings?
Let's break it down.
Rumors continue to swirl about Apple's iPad Mini. The latest chatter suggests an Oct. 17 launch date.
Rumors that Apple (AAPL) is moving ahead with development of an iPad Mini continue to abound the Internet, and that's got folks speculating about what the device will look like and what features it's likely to include.
As a service to TheStreet's readers, we've decided to round up some of the more intriguing Apple iPad Mini chatter that's making the rounds in the blogosphere. Citing an unnamed investor source, CNNMoney reports that Apple will send out invitations Oct. 10 for the event, with the actual announcement coming Oct. 17.
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[BRIEFING.COM] The stock market finished an upbeat week on a mixed note. The S&P 500 added just over a point, holding its weekly gain at 1.0% while the Nasdaq lost 0.4%.
The major averages began the day on an upbeat note, but relinquished their opening gains during the first 90 minutes of action. The early sentiment was boosted by a better-than-expected nonfarm payrolls report for February (175K versus Briefing.com consensus 163K), but a closer look into the report suggested that ... More
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