Skip to main content

Apple Stock Hit The Record Prices

Shares of Apple surged to an all-time high in after hours trading following the company’s earnings report on Tuesday.

As of 6:00 p.m. ET, shares were trading around $396 each after crossing the $400 mark for the first time earlier in the session, up more than 5% since the start of Tuesday’s trading. Net income in the period more than doubled to $7.31 billion, or $7.79 a share, from $3.25 billion, or $3.51, a year earlier, Apple said yesterday in a statement. Sales climbed 82 percent to $28.6 billion. Analysts had predicted profit of $5.87 a share and revenue of $25 billionTaiwan stocks rose 1.36 percent
to an almost two-week intraday high on Wednesday, lifted by
Apple suppliers such as Hon Hai Precision and
Largan Precision , after Apple posted market-beating
results.     Apple Inc. shares fell for a fourth straight session Monday to nearly a seven-month low, sparking more debate about what ails the longtime market darling.

The stock slid $4.94, or 1.5%, to $315.32, its lowest closing price since Nov. 30. The price has fallen 13% from its record high of $363.13 on Feb. 16 and now is in the red 2.2% year to date.Shares of Apple surged to an all-time high in after hours trading following.Apple's earnings surprise had a positive impact on the South Korean tech sector today. But the European debt crisis remains, while U.S. debt problems have not yet been resolved. Therefore, the market is likely to remain volatile," said Lee Jae-man, an analyst at Tong Yang Securities.

A bipartisan group of U.S. senators offered an ambitious plan on Tuesday that could revive the prospect of a long-term deficit reduction deal to avert a default by the United States. Apple Inc. and IBM announced forecast-beating quarterly results.

Eyes are on Intel Corp's earnings to be released on Wednesday U.S. time to see whether the battered sector will be able to stage a recovery despite persistent macroeconomic uncertainties.   

Comments

Popular posts from this blog

ooma,Free home Phone service information

Ooma :- Type     Private Industry     Communications services Founded     Palo Alto, California, U.S. in 2004 Founder(s)     Andrew Frame Headquarters     Palo Alto, California Key people     Eric Stang, CEO Jamie Buckley, Vice President of Customer Service Dennis Peng, Vice President of Product Management Toby Farrand, Vice President of Engineering Operations Jim Gustke, Vice President of Corporate Marketing Tim Sullivan, Vice President of Sales Products     Voice over IP Owner(s)     Privately Held Ooma charges a monthly fee for federal and state taxes and fees as well as a 911 service fee. This adds up to $3.47 per month. Reports are trickling into to our tipline that Ooma, a popular VOIP service, is currently experiencing major network issues. Currently, Ooma’s phone service seems offline nationwide, and their website and support forums are working sporadi...

deiva thirumagan songs

Image via Wikipedia Deiva Thirumagan with Anushka and Amala Paul as female leads is ready for release. Those who have seen the rushes of this film have been blown away and are swearing that it is Vikram’s finest work. There is massive hype and anticipation surrounding this film, which has been directed by AL Vijay. Amala from Kerala says “Working with Vikram and Director Vijay during the initial days of my career is a great experience. My character is different and very happy to be a part of Deiva Thirumagan. I am going to start the promotions soon and also ready to do films with innovative scripts that come my way”. Deiva Thirumagan, according to music industry sources is currently the hottest audio in the circuit. Director Vijay-GV Prakash is a young combination which has always dished out hit music right from their Kireedam to the recent Madhrasapattinam. The music of Deiva Thirumagan is going to be out in stores from tomorrow. The launch is all set to happen at the Ch...

mSpace Mobile

Bringing you physical, temporal, virtual worlds to the palm of your hand Click on image to see video of mSpace mobile running on a PDA. Alternately, you can also choose a 5 min (23meg) overview video demonstrating mspace mobile, and describing its features. Don't try this at home What Japenese restaurants are near a cinema showing a film i want to see? A regular search engine - even one with maps - will mean you have to manage several separate queries with several separate maps and pages: find cinema listsings; see what's showing at each; try to remember where they are. Then look for restaurants featuring your chosen cuisine; see where they are located; try to bring the maps together to see if they're near each other. Then go look for recommendations or menus about the restaurant. mSpace mobile lets you explore information in more natural ways - exploring context, association, and relations mSpace mobile makes it easy - and keeps everything in view. mSpace...