Apple shares flirt with $400 in pre-market trading

“Tech giant Apple reported after Tuesday’s close that it posted third-quarter revenue that was far above expectations, helped by blockbuster sales of its iPhone and its Asian business,” Ryan Vlastelica reports for Reuters. “The stock gained 5.9 percent to $398.98 in premarket trading.”

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Vlastelica reports, “S&P 500 futures rose 7.4 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures added 62 points and Nasdaq 100 futures rose 21.5 points.”

Read more in the full article here.


    1. instead of whining about other Apple investors, check out reality.

      Apple broke thru $400 yesterday and is now trading in the $387 ball park.

      Those are just the facts. You can characterize it however you like or invest based upon what you know about AAPL.

  1. Screw that flirting crap. Apple shares are fading fast. Actually running away from $400 back to $390. All that pre-earnings hype doesn’t do Apple stock a bit of good. All the analysts are hugely upgrading Apple at the moment and still the stock is fading.

    After announcing those sort of earnings, Apple shareholders got less than a 4% pop while Google shareholders got a 13% pop for less dollar value. Who the hell are these analysts trying to kid?

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