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 TMO Headlines - Updated May 18th
- Tue, 4:40 PM
- Star Wars Future Unveiled by Disney
- Tue, 4:18 PM
- Apple Facing Lawsuit Claims AirPods Ruptured Child's Eardrum after Amber Alert
- Tue, 3:39 PM
- Apple Delays Stricter In-Person Work Requirements Citing Rising COVID-19 Cases
- Tue, 2:37 PM
- Customize Your CarPlay Apps the Way You Want Them
- Tue, 2:28 PM
- 247 Catcher for Pokémon Go Helps Users Catch 'em All
- Tue, 1:50 PM
- Civil Liberties Group Warns of Global Privacy Breach, Google Largest Offender
- Tue, 1:33 PM
- Apple Previews New Accessibility Features Coming In 2022, Including Door Detection
- Tue, 10:36 AM
- Apple Explores Ways to Improve iPhone Sensor Accuracy and Water Resistance Simultaneously
- Tue, 9:45 AM
- Apple Developers Will Soon Be Able to Offer Auto-Renewable Subscription Price Increase
- Tue, 9:37 AM
- Apple Rolls Out Communication Safety in Messages to the UK and Other Countries
- Mon, 6:29 PM
- Apple Releases Software Updates for Most Products
- Mon, 5:27 PM
- Method Found to Run Malware on iPhone Even When It’s Turned Off