if I enter
1234567890
in a textfield
it gives me the following number with the
[myTextField floatValue] method:
1234567936.000000
Is this behaviour is correct?

Yes, it is. A float number has approximately 6 decimal digits of precision (24 bits).
 

Is there a way to do calculations with precision with Foundation/AppKit?

Use double values (you can use the doubleValue method in NSTextField), they are precise up to approx. 16 decimal digits.

Benhur
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