Shares of Apple Computer Inc. jumped sharply in after-hours trading Monday evening, after the company posted its latest stellar inancial results.
Apple gained 6.5% to $79.40 after reporting a fiscal fourth-quarter profit of $546 million, or 62 cents a share, on revenue of $4.84 billion.
In the same quarter last year, the iPod and Mac maker earned $430 million or 50 cents a share on revenue of $3.68 billion.
The company beat the estimates of analysts surveyed by Thomson First Call, who forecast Apple to earn 51 cents a share on $4.67 billion.
Apple Q4 earnings results: $546M net profit on $4.84B revenue, sold 1.61M Macs, 8.729M iPods – October 18, 2006