AAPL Breaks $100 In After Hours Trading
April 25th, 2007 at 3:00 PM - Apple Stock Watch by Jeff Gamet
Following Appleis 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 Appleis history."
Apple is currently trading in the pre-market at $104.05, up 8.702 (9.13%).
<!--#include virtual="/includes/newsite/series/stockwatch.shtml"-->
Recent Headlines - Updated March 21st
- Sun, 5:53 PM
- Apple Context Machine Podcast - ACM 165: Jerome York, the iPad and Media, iCon, & Bryan on the Road
- Fri, 5:55 PM
- Games - Namco Releases Match-Three Game Tinseltown Dreams to the App Store
- 5:16 PM
- News - iPad Launch Day Deadline for Developers: March 27
- 5:11 PM
- News - Steve Jobs Helps Promote Organ Donor Legislation
- 4:06 PM
- iPad - VIVmag Shows Off Interactive iPad Version in the Works
- 3:07 PM
- App Store - Microsoft Yanks Bing App From Foreign App Stores
- 2:05 PM
- iObserver - Analysts Downgrade Troubled Palm Amid Severe Revenue Drop
- 1:35 PM
- In-Depth Review - PhoneSuite MiLi Packs a Powerful Punch
- 1:11 PM
- News - YouTube to Viacom: Sue Yourself
- 11:34 AM
- Product News - PocketMac for BlackBerry 5 Improves Snow Leopard Support
- 10:59 AM
- News - Apple iGroups Patent Hints at Social Networking Plans
- 10:20 AM
- Hot Forum Topic - Reader Discussion: Who Will Buy Palm?
The Mac Observer Reader Specials
- TypeStyler For Mac OS X is Now Shipping! Download The Free Fully Functional 60 Day Tryout at www.typestyler.com
Mac Memory and Hard Drives: MacBook Pro Memory 8GB kits $349.99! iMac Memory 4GB DDR Kits for $109.99! Mac Pro Memory 4GB Kits for $135.99! Mac Hard Drives 1.5TB Seagate SATA II for $147.99! Click Here!
- CarMD Handheld Device & Mac/PC Software System saves you time and money on car maintenance and repair. Buy at www.CarMD.com! Save $10 with code TMO2.
If you're using a Mac, then you've gotta check out Full Tilt Poker for Mac. This Full Tilt Poker bonus code does the unthinkable, it actually rewards!For the latest Apple products use Ciao, a price comparison website, to find laptops like MacBook Air. Then find the best prices on MP3 players and use our comparison tool to evaluate mobile phones like the Apple iPhone.


2nd Gen. Refurbished 32GB iPod touch: $249.00 Delivered
Refurbished MacBook Air 1.6GHz Intel Core 2 Duo $1099.00 Delivered
