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Apple reports most quarterly profit in its history
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Posting Junkie
Join Date: Dec 2000
Location: Caught in a web of deceit.
Status:
Offline
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$1.67 beeelliiioon in profit
This is on almost $10 beeelliiioon in revenue.
Recession my azz.
P.S. AAPL up to well over $200 in after-hours trading.
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Professional Poster
Join Date: Jan 2000
Location: Near Antietam Creek
Status:
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Over 3,000,000 Macs sold. I remember earlier this decade hoping they'd sell a million Macs in a quarter.
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Moderator 
Join Date: Jan 2001
Location: Brainstorming a geopolitical pivot
Status:
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wow, absolutely blow out numbers.
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Mac Elite
Join Date: Jan 2002
Location: Durham, NC
Status:
Offline
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Jeebus, I was just thinking the other day, maybe I should get some more AAPL.
I should listen to myself more.
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Posting Junkie
Join Date: Dec 2000
Location: Caught in a web of deceit.
Status:
Offline
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Everything seems obvious through the retrospectoscope.
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Dedicated MacNNer
Join Date: Jun 2007
Location: I've moved to the capital of the Granite State
Status:
Offline
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Please suggest something to go hear 'cause I'm to lazy to be clever.
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Clinically Insane
Join Date: Jun 2001
Location: planning a comeback !
Status:
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Wow, almost unreal. Steve's the new King Midas.
-t
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Senior User
Join Date: May 2005
Location: La Crosse, WI
Status:
Offline
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Wow. Unbelievable. I think its safe to say that AAPL has busted through that $200 resistance point and will remain above $200 for the foreseeable future. Its long overdue IMO.
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2.16 GHz Core2Duo MacBook Pro
4GB iPod Nano - Silver
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Addicted to MacNN
Join Date: Jan 2006
Location: A house
Status:
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Really? It's barely over $200.
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Senior User
Join Date: May 2005
Location: La Crosse, WI
Status:
Offline
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I know its barely over $200, but it should have been around the $200-205 price range months ago. I think these new earnings statements, coupled with all of the analysts upgrades and buy recommendations over the past few months should help keep the stock at or above $200 going forward from here. Then again, it's always interesting to see what sort of market correction will be made when a stock makes such a big jump in one day. To me, this price is supported more by solid numbers and profits now rather than speculation like it has been in the past.
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2.16 GHz Core2Duo MacBook Pro
4GB iPod Nano - Silver
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Addicted to MacNN
Join Date: Jul 2001
Location: I don't know anymore!
Status:
Offline
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Originally Posted by iM@k
It's interesting, in light of the fact that Dell is slipping in sales, faster than it's other big competitors, and it has been, or soon will be, surpassed by Acer.
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Forum Rules
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You may not post new threads
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