Apple shares rocket in after hours trading on stellar earnings report

Shares of Apple Computer Inc. (AAPL) rose sharply after the bell on Wednesday after the computer firm posted a stellar quarterly net profit of $295 million on $3.49 billion revenue with Mac shipments topping 1 million and iPod shipments topping 4.5 million.

Apple shares currently stand at $72.65, up $7.19 per share, in after hours trading after gaining $0.90 to close at $65.46 in regular Nasdaq trading.

NASDAQ After Hours Trading quotes here.

Related MacDailyNews articles:
Apple posts net profit of $295 million on $3.49 billion revenue, highest in Apple’s history – January 12, 2005

12 Comments

  1. I hear ya man….I just don’t have the cash reserves to piss with the big boys on the stock trading game – but I did grab a few more AAPL at 64.35 this morning so I’m happy none the less.
    Must be nice to just go “hmmmm….I think I’ll wager $100000 on the Apple financial reports today” and then pick up a cool $10000 with a few clicks of the mouse.

  2. I called it! And I sold half at 69.11, then bought it back yesterday at a discount. Maybe I’ll sell again tomorrow…

    Isn’t the rollercoaster fun? Wheeeeee….

    This post brought to you by the “past” (the word)

  3. I was given 20 shares when it was around $15 ” width=”19″ height=”19″ alt=”grin” style=”border:0;” />

    Trying to figure out when to sell it…should I wait awhile longer?

  4. Im so glad I bought alot of shares a couple of years ago when it was at 15.00 dollars a share I can’t believe the profit im making. Now I just need to think about when im going to sell and laugh all the way to the bank.

  5. Okay, here’s my story. Bought 2000 shares 2 days ago when it was $68 hoping the keynote would do wonders. I was hating life when it tanked due to selling “only” 4.5mm iPods. Then came the conference call. I got out after hours at a $5/share profit. Think I’ll pick up 20 of those Mac minis (or at least pay for my iMac and 23″ cinema).

    Life is good thanks to Apple and Steve!

    Brought to you by the word “close” as in close to going bust (before the earnings announcement.

  6. DrDude,

    Why were you so hasty to get out with only a $5/share profit?

    Yesterday’s dip was only momentary. My money is riding on a continued upward trend for quite a while. I’m still in a buying mode. I wanted to buy an additional $20000 this morning, but was unable to liquidate other investments fast enough to catch the “bargain basement” price. I will surely be buying in the morning regardless of what happens after hours. I’m VERY happy with the way things are looking for AAPL these days.

    It’s a great time to be alive and well. ” width=”19″ height=”19″ alt=”wink” style=”border:0;” /> My profits have allowed me to pick up some nice Apple products (as well as some other fun stuff).

  7. Sizewell,

    I don’t know about you, but $10,000 in 2 days is enough profit for me on 1 trade. It paid for my 2004 drunken binge of buying Macs (PB, iMac G5, eMac, 23″ Cinema Aluminum, AirPort Extreme, AirPort Express, iPod, iPod mini).

    Long live AAPL!

  8. i bought 2000 at $65.50
    i’m holding out till $100 baby!!!
    Powermac G5 with duel 30 in displays, powerbook, spare 23 in display (for powerbook), and ipod photo, HERE I COME!!!

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