With Steve Jobs’ medical leave from Apple, many expected the company’s stock to get hit quite a bit — and they’d be right as shares of AAPL are down around 5% as the market opens this morning. Don’t forget that Apple is reporting its Holiday quarter earnings later today, however, and the consensus is that Apple will have the biggest and most profitable quarter ever. Apple’s earnings can and most likely will help the stock overcome the impact of Jobs’ leave from Apple,...

Apple’s stock is up around 7 points at the time this post was published, and you know what that means… the company’s market cap is now above $300 billion. The actual number is more like $302 billion, but who’s counting a measly two billion at this point, right? Shares of Apple are trading at around $330 which is a new record high for the company. Analyst expectations are that Apple has set new sales records for the holiday quarter, and that’s most definitely baked into the stoc...

Today’s earnings call with Apple has blown the minds of analysts as the Cupertino based company showed another strong quarter. Predictions for revenue was around $9.4 billion, but Apple topped it with $9.87 billion in revenue and a quarterly profit of $1.67 billion. Earnings per share is $1.82 where the consensus was at about $1.42 and whispers of $1.65. Strong sales pushed these substantial increases in profit: 3.05 million Macs (17% increase from last year), 10.2 million iPods (eight percent decrease)...

Much has been gathered about Apple’s standings in the market after the impressive show it put on yesterday evening. Now, hot on the heels of the Apple’s earnings is a nice little rumor to further fuel the fire: Apple is allegedly going to team up with Verizon to release an Internet tablet that will be subsidized by the carrier. Think of it as a giant iPod touch, potentially including an actual physical keyboard. Having a tablet could be a double-edged sword as well if Apple also decides to compete...