Apple Up Big After Hours on a Better than Expected Earnings

Apple stocks up over 8% in after hours trading after reporting that it earned $1.61 billion, or $1.78 a share, easily beating analyst estimates of $1.39 a share. Apple said its sales reached $10.17 billion topping estimates with Ipod and Mac laptops leading the surge in sales. And this is inspite of a lagging economy.

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This entry was posted on Wednesday, January 21, 2009 at 4:58 pm and is filed under Stock Market Investing, Stock Watch. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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