Apple Shares Soar!!!
Shares of Apple Computer skyrocket in after hours trading. At the close of the market the shares were up $.90 on very positive news regarding its financial results. At 3:30 p.m. Pacific Standard Time the shares were up an additional $7.83, or 11.96%. Apple's net income for the first fiscal quarter ended December 25, 2004 was up nearly five times to $295 million from $63 million a year ago. Apple's EPS went from $.17 cents a share to $.70 cents a share. The high end of analyst expectations was $.55 a share. The stock has been on a tear since October. On October 8, 2004 the stock closed at $39.06. It has almost doubled in less than three months. The stock's above normal return is most likely credible to Steve Jobs' visionary leadership and uncanny ability to make electronic products not only functional, but cool.
Related Links Below
Apple Current Stock Quote
CnnFn Full Apple Story
Cool Apple Gadgets
Click the Comments Link Below to Post Comments
posted by Maverick @ 3:27 PM
0 comments
0 Comments:
Post a Comment
<< Home