AAPL Up 6.59% in After Hours Trading || The Mac Observer

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AAPL Up 6.59% in After Hours Trading

AAPL Up 6.59% in After Hours Trading

by , 6:25 PM EDT, April 25th, 2007

Shares in AAPL traded higher in extended hours following Apple's announcement of the company's March quarter results. Shares in the after hours session traded at 101.63, up 6.282 (+6.59%) after the company announced a record March quarter with forward guidance in line with consensus estimates.

*In the interest of full disclosure, the author holds a small share in AAPL stock that was not an influence in the creation of this article.

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Close Name:gslusher Posts: 2088 Joined: 13 Nov 2002
Wed Apr 25, 2007 6:54 pm Subject: Another factor

The same day, the SEC announced that they will not be suing Apple, Inc. Jobs may still be in their sights--it remains to be seen. They have settled with the former CFO and filed suit against the former General Counsel.

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Close Name:Guest
Wed Apr 25, 2007 10:28 pm Subject:

Actually, it does not remain to be seen. The SEC specifically said it will not be suing Jobs and that it has not shown him any favoritism. Fred's statement about Jobs being partially to blame might be new news for the public, but I guarantee it is not new news for the SEC. The SEC has had access to all of Apple's internal documents for over a year, has reviewed Fred's claims, and has interviewed Jobs personally. It decided Jobs did nothing wrong. The SEC could care less that Jobs is a highly popular guy.

The only remaining issue is will the Department of Justice bring criminal charges against Jobs. However, that seems very unlikely because the DOJ generally takes the lead of the SEC.

Quote
gslusher wrote:
The same day, the SEC announced that they will not be suing Apple, Inc. Jobs may still be in their sights--it remains to be seen. They have settled with the former CFO and filed suit against the former General Counsel.

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Close Name:Tiger Posts: 1018 Joined: 17 Jun 2003
Thu Apr 26, 2007 8:24 am Subject: oh to be a fly

on the wall in Redmond right now.

When Microsoft announces their quarterly results this afternoon, does anybody think they'll be up 3x the industry average?

http://www.macsimumnews.com/index.php/archive/mac_sales_grow_more_than_three_times_industry_growth_rate/

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Close Name:Guest
Fri Apr 27, 2007 11:25 am Subject: Redmond had a good day

They exceed everyone's expectations, even their own. Why? Because Vista and Office 2007 were such big successes. Microsoft posted a 65% jump in third-quarter profit.

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Close Name:acdc1174 Posts: 723 Joined: 16 Apr 2004
Fri Apr 27, 2007 5:02 pm Subject: Re: Redmond had a good day

Quote
Anonymous wrote:
They exceed everyone's expectations, even their own. Why? Because Vista and Office 2007 were such big successes. Microsoft posted a 65% jump in third-quarter profit.

Okay Mr Gates, we got it. Microsoft did well too. Good job! Way to go big guy! High five! Thumbs up!...eh, nevermind.

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Close Name:Guest
Mon Apr 30, 2007 12:15 pm Subject:

Just trying to keep the fly on the wall up-to-date, jeez. Sorry you took such offense to MSFT doing well and someone replying after someone else brought it up. I didn't realize .. yeah, you're right, nevermind.

Quote
acdc1174 wrote:
Quote
Anonymous wrote:
They exceed everyone's expectations, even their own. Why? Because Vista and Office 2007 were such big successes. Microsoft posted a 65% jump in third-quarter profit.

Okay Mr Gates, we got it. Microsoft did well too. Good job! Way to go big guy! High five! Thumbs up!...eh, nevermind.

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