“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. 
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