For 34 consecutive quarters beginning in April 2003, Apple easily beat analysts’ estimates on its earnings per share. Then on Oct. 18, 2011 — less than two months after Tim Cook took over as chief executive officer — Apple missed....
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Apple CFO Peter Oppenheimer said changes to how it reports earnings forecasts are designed to increase transparency.
Apple Shuts Down Reality-Distortion Field on Earnings Forecasts
Apple’s Cook Comments on Rumors About Orders for IPhone 5 Parts
On Apple’s earnings call today, Chief Executive Officer Tim Cook commented on rumors in recent days that the company had slashed orders for iPhone 5 parts, which suggested lower-than-expected demand for the device. He said those rumors, if you’ll allow...
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