“Shares of Apple Inc. fetched more than $103 each Wednesday evening after the computer technology giant posted an 88% surge in quarterly profit, surpassing Wall Street’s outlook,” Carla Mozee reports for MarketWatch.
“Apple shares jumped $7.92, or 8.3%, to last trade at $103.27. They were the most active during the session, according to Nasdaq,” Mozee reports.
“Apple said its fiscal second-quarter earnings soared 88% to $770 million, or 87 cents a share, on rising sales of iPods as well as the company’s line of Mac computers. The consumer electronics maker’s sales for the period increased more than 20% to $5.26 billion. Analysts were expecting earnings of 64 cents a share on revenue of $5.17 billion for the quarter, according to estimates from Thomson Financial,” Mozee reports.
Full article here.
“Computer technology giant.” And don’t you forget it. 
Dude. Sweet.
These results are amazing! Steve J should be thanking me for the MacBook I bought.
yowsa….
can’t remember who said it, either Ron or R…
“tipping point”
we’re there. the next few years are going to be really fun to watch.
From beleaguered to juggernaut — yes!!!
“Boom”
-Steve Jobs
New garage for the new car.
Thanks, AAPL!
1.5+ million Macs is really something given that only 1.6million were sold in the holiday quarter. That’s really impressive.
What’s with all the porn ads on the site?
Look at the tits on her ———–>
Buy AAPL !!!
Slick Willie
Zippadeedooda !
@Reality Check…
for the life of me bro, all I see to the right of your post is an iPod inside an apple store advertisement.
uh… get out much?
Is anyone else as annoyed as I am that the mainstream media keeps referring to iPod sales and not Mac sales? Every headline mentions “iPod sales up 24%” when you would think the 36% increase in Mac sales would be more impressive. Keep in mind I’m talking headlines–the text of the articles inevitably mention Macs in passing, but of course we know where the focus is.
Why is this, do you think?
MW: Food, as in food for thought…
@ Reality Check…
Go to System Preferences, Browsing, and uncheck “Act like a frigtard.”
Than you, Jim – TIV.
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Im Glad I bought 1000 Shares years ago at 14 dollars a share. I Think I will Retire in a couple years.
Umm… Reality Check? Dude, the ads are tailored based on your activity. I’ve never seen any porn ads on MDN, only ads for cars, ipods, and various other generic mainstream products.
So, uh… what’cha been searching for lately?
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“Computer Technology Giant” has a nice ring to it doesn’t it.
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Blucaso
then why am I seeing ads for leotards, Quaker State, and Chiquita bananas?
Oh….never mind.
I’d hate to be a chair right now.
“Computer technology giant”
Even 5 years ago people would have laughed at the notion.
We are seeing something unique. A company that supposedly ranks in the top 10 of commiting one of the (supposedly) largest business blunders of all time, to one that perhaps is making the biggest comeback of all time.
We are watching businness history unfold right before our eyes.
My portfolios are looking great right about now.
TT: Because of your idea of a new musical with Evita as a forlorn NASCAR driver?
First time I ever saw that phrase in print in regards to Apple. It marks a seismic shift in the way the company is now viewed – no doubt about it.
CNBC is covering Apple extensively right now.
TMF
yeah, let’s go with that…….
“Don’t Cry For Me, Talladega”
TT: LMFAO ! ! !
Thrilled, and kicking myself at the same time. Thrilled the company and my modest stock holdings are doing so well. Kicking myself that I didn’t buy more when I had the chance!
As to the ads some are complaining about, I run Firefox, enable the pop-up blocker, and installed the AdBlock Plus extension. Perhaps I shouldn’t tell MDN, since they count on ads to support the site, but I’m seeing NO ADS right now!
“Is anyone else as annoyed as I am that the mainstream media keeps referring to iPod sales and not Mac sales?” – Darkness
The mainstream news media is generally quite selective in what they want their audience to know. Apple has never been a favorite with them. They gleefully announce legal problems with Apple but neglect to report on Apple’s rather amazing series of successes. I personally will be quite surprised if they even give a passing mention of Leopard when it gets released in October.
“Don’t Cry For Me, Talladega”
I nominate Jaime Pressly for the lead role.
An analyst on CNBC has just declared that Apple is primarily a software company. Ma-huh?
“I nominate Jaime Pressly for the lead role.”
Hmmmmm…. Jaime in racing leathers….. OMG…. Oh yeah…. what a nice/
wait, did I type that out loud?
This is the headline the Cnet ass-clowns came up with:
“Apple’s board defends Jobs amid hefty Q2 profits”
What a bunch of idiots… I just went there to confirm again what a pathetic craphole cnet is, again.
Some investors have been talking about AAPL needing a break-out before it moves to the next level. I believe this is it. A psychological barrier has been broken (strongly) and in a short period of time, what many believe to be the real growth story is going to be unleashed.
If iPhone is anywhere near as good as I think it will be, or as good as it’s being made out to be, Apple Inc will cease to be the “small” company with bravado, it’ll be an elegant giant.
Apple has a long history of under-promising and over-delivering. Steve hasn’t exactly been apologetic about what iPhone promises to be. If he’s this excited, I can’t help but be.
Can’t wait.
@TMF… saw your post earlier on that other thread that said, “It’s dead Jim”. Hope you know that only the first post on that page was from me.
“Computer technology giant.” And don’t you forget it. (Beeyotch)!
Let’s see if I can post from home…
MW: ‘indeed’
Success!!!
Okay, it’s me, but I gotta run. Congrats, AAPL holders.
Next stop… (will there be a next stop. or a NEXTstop?)
Thanks Apple, and congratulations on another fantastic quarter. =)
-c
MW: ‘appeared’ (apple venus on a half-open shell)
Yo Chrissy… good to see you made it back. Interesting day yes?
Ok who’s going to do it.
Whats the Apple Market Capitalization versus Dell now?
My girlfriend sure put out tonight after reading this news on MDN. I’ve been telling her to buy AAPL like I have, but she was wary because of the OS X 10.5 Leopard delay and Jobs’ supposed SEC woes.
Whew! I think I know now why so many people smoke tobacco. I need a cigar.
“Hope you know that only the first post on that page was from me.”
Yep. I’m pretty good at reading hijackers. You might say I am par with most of them. Party on, Mac fans.
“”Don’t Cry For Me, Talladega”
I nominate Jaime Pressly for the lead role.”
I don’t think she can sing………..Perfect!!!
Don’t worry, Twisted Mac Freak — you’re still a douche!
@ loopy_nj
I looked at it as soon as After Hours closed:
AAPL = 82.43b
DELL = 56.72b
@ Jim – TIV
No kidding. I was going to start calling you John Malkovich. ;P
Hey, uhh, Chrissy — Are those your hourly rates?
‘Cause I’ve seen your ass, and man, I’m in for $100/hour!
Chrissy,
That market cap figure is based on AAPL’s closing price. With the after-hours jump, it’s more like 88 billion.
-jcr
Chrissy,
That market cap figure is based on AAPL’s closing price. With the after-hours jump, it’s more like 88 billion.
-jcr
Chrissy,
That market cap figure is based on AAPL’s closing price. With the after-hours jump, it’s more like 88 billion.
-jcr
Chrissy,
That market cap figure is based on AAPL’s closing price. With the after-hours jump, it’s more like 88 billion.
-jcr
I think Apple should buy Steve a shinny new hanger for his jet for all he’s done. (and report it to the SEC)
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You wouldn’t want Steve to fly around in a small single engine plane like John Denver did, would you?
Really, really cool!
I bought AAPL when it was down to $13-$14 and then it went up and split. Now it is up to $100 and it will split again. Basically it is up from $13 to $200. Very good indeed. Market gap is now $82 Billion and that will be something like $200 Billion. So there is still room to buy AAPL.
Apple makes two popular product lines that no other company in the world can produce, Mac and iPod. Soon it will have the third product line that no one else can produce, iPhone. That’s the difference between Apple and everyone else. Apple essentially has a monopoly on cool products.
Okay, not really a technology giant MDN considering most of there profit is from the iPod which was a genious idea by Steve Jobs. when apple rehired him in 1997
@ John C. Randolph
Yeah, I figured that was the case, I didn’t take the time to do the math.
It’s now 8:15 am eastern, and it’s well over 104. =) We might just have a nice little run until the iPhone ships.
-c
Ads? What ads? This place is so loaded I have to come in ad filters on and javascript off. That kontera script is especially slow. And the Submit button is buried under an ad…sheesh!