AAPL Breaks $100 In After Hours Trading
AAPL Breaks $100 In After Hours Trading
by , 7:40 AM EDT, April 26th, 2007
Following Apple's second quarter earnings report on Wednesday, the company stock did the opposite of what it usually does after the conference call: It started to climb. Not only did it climb, but by 7:15 a.m. eastern time on Thursday, it was already close to US$104.
The Mac and iPod maker managed to record another record breaking quarter with $5.26 billion in revenue, a profit of $770 million or $0.87 per diluted share. Analysts were predicting Apple would come in lower with $5.17 billion in revenue and $0.66 per diluted share.
Apple CFO Peter Oppenheimer commented "We are very pleased to report the most profitable March quarter in Apple's history."
Apple is currently trading in the pre-market at $104.05, up 8.702 (9.13%).
If you are interested in Apple's stock, join our forum members in the Apple Finance Boards, a moderated forum for Apple Investors and people who are interested in Apple's financial dealings. For other stories regarding Apple's stock activity, visit our updated Apple Stock Watch Special Report.
Observer Comments
Comments are currently closed. Please email the author instead.
Recent Headlines - Updated February 13th
- Mon, 9:15 AM
- News - Apple Files Motion to Stop Galaxy Nexus Sales in U.S.
- 8:20 AM
- News - Steve Jobs Given Trustees Award at the Grammys
- Sat, 4:11 PM
- MacOS KenDensed - MacOS KenDensed: iPad 3 Frenzy, Big-time Apple & Steve Jobs, G-Man
- Fri, 8:10 PM
- News - Apple Sues Motorola Mobility in California Over German Case
- 7:54 PM
- Free on iTunes - OnLive Desktop: Windows & Office on Your iPad
- 7:43 PM
- Product News - Apple Rolls Out MacBook Air Configurations for Education
- 6:35 PM
- Just a Peek - Battle Pocket Bulge With The Hint for iPhone
- 6:01 PM
- Rumor - Apple Reportedly Bringing MacBook Air Styling to Pro Line
- 4:50 PM
- Particle Debris - The Hidden Gotchas of Browser Security
- 3:56 PM
- Apple Stock Watch - Analyst: Paying a Dividend Makes Sense for Apple
- 2:58 PM
- Deal Brothers - iMac 27-inch 2.93GHz Intel Quad-Core i7 processor: $1,999
- 2:45 PM
- In-Depth Review - Theodolite App for iOS is Breathtaking
The Mac Observer Reader Specials
TypeStyler 11 is now in the Mac App Store!! -- Special Introductory Price of $59.95!! -- To Buy From The Mac App Store Click Here Now!! Or buy direct
from Strider Software.
Mac RAM Upgrades: MacBook Pro 16GB kits $475, 8GB Kits for $119.99! iMac 16GB RAM Kits (4x 4GB) for $229.99! Mac Pro Memory 32GB Kit for $399.99, 64GB Kit for $889.99! Mac Hard Drives 2TB Seagate SATA II for $249.99! Click Here!
-
If you're using a Mac, then you've gotta check out Online Poker Mac.
This mac poker and online casino mac site
actually does the unthinkable, it actually rewards! -
-
-
-
-
-
