“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. ” width=”19″ height=”19″ alt=”cheese” style=”border:0;” />
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? ” width=”19″ height=”19″ alt=”wink” style=”border:0;” />
“Computer Technology Giant” has a nice ring to it doesn’t it. ” width=”19″ height=”19″ alt=”grin” style=”border:0;” />
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.