EPIC is a Twin Cities-based investment club based the proven NAIC principles of investing regularly, reinvesting earnings, investing in growth companies, and diversifying to reduce risk. Our Mission Statement is to double our investment every 5 years, achieving a 15% compounding annual return.

$AAPL – Steve Jobs resigns, Stock update

Apple is down about 5% in the past month, beating the overall markets slightly. The stock did spend a day above $400 but the recent market volatility has been too much for Apple and it has settled around $380 after dipping to as low as $353. The big news, however, is the resignation of Steve Jobs. Most...

$AAPL Apple Q2 2011 Earnings Breakdown

Apple’s earnings for Q2 came in at $6.40 a share vs consensus estimate $5.37. This is a 92% increase year over year (+$3.07). Revenue for the quarter was $24.7 billion, which was $11.2 billion over the prior March quarter’s result (+83%) and represents the largest year-over-year quarterly...

Apple Q1FY11 Earnings Breakdown

Apple blew away earnings on Tuesday with EPS of 6.43 vs consensus estimates of 5.39.  This is a beat of 1.04 and over 19% of what the analysts were thinking. I have included some highlights from the conference call below.  Remember to visit SeekingAlpha for conference call transcripts. Revenue for the...

Apple CEO Steve Jobs takes medical leave

Apple Inc. co-founder and CEO Steve Jobs sent a note Monday to employees saying he’s taking a second medical leave of absence in two years so he can focus on his health. Link to CNBC story

Guess Apple’s earnings, win us a year of Bivio!

Bivio just sent out an blast contest for a year’s worth of Bivio to the person who comes closest to guessing Apple’s earnings this Tuesday.   It would be nice to have a few entries in this, the price of Bivio goes up to $129 next year. Here are links to the Contest Details and Spreadsheet Our...

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