The Mac Observer

Skip navigational links

You're viewing an article in TMO's historic archive vault. Here, we've preserved the comments and how the site looked along with the article. Use this link to view the article on our current site:
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.

Recent Headlines - Updated October 21st

Tue,6:50 PM
How I Came to Own and Sell a TAM Probably Owned by Jony Ive
5:01 PM
Adobe KnowHow: Learn Photography From The Best for $29.99
4:49 PM
How To Get Ready For iOS 8.1 [Update]
2:59 PM
Chuck La Tournous and Chris Breen to Speak at NJMUG’s 30th Anniversary Tuesday
2:24 PM
Don’t Upgrade to Yosemite or iOS 8.1 Before You Read This Column
2:06 PM
TMO Daily Observations: 2014-10-21
12:29 PM
How Apple Pay Mitigates Breach Fatigue
10:50 AM
How to Enable Apple’s SMS Relay on your Mac or iPad
9:43 AM
Apple Earnings Smackdown Ranks Analyst Predictions
Mon,9:52 PM
Apple Q4 Earnings Sliced And Diced
8:21 PM
Apple Q4 MacBook Sales Hit Record Breaking Numbers, Jump 25 Percent
7:45 PM
Here’s What Apple Wants to Achieve With Apple Pay
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!