Apple's earnings announcement for the quarter ending June 30 is out and the results are astounding, yet again. FROM MacWorld.com:
<http://tinyurl.com/2pvx2u> > Apple rode record Mac sales and continued iPod sales growth to an > $818 million profit in its fiscal third quarter, the company said > Wednesday. > > For the three months ended June 30, 2007, the company saw $5.41 > billion in sales, a 24-percent increase from the year-ago quarter. > Apple reported earnings of 92 cents per diluted share, up from 54 > cents a year ago. Analysts polled by Thomson First Call expected > Apple to report $.72 per share on $5.28 billion revenue. > > During the quarter, Apple shipped more than 1.7 million Macs, a 33- > percent rise over the what it shipped in the third quarter of 2006. > That topped the previous record of 1.61 million Macs shipped during > the fourth quarter of 2006. Apple also sold more than 9.8 million > iPods, a 21-percent increase from the year-ago quarter. Apple said they sold 270,000 iPhones, even though AT&T announced only 146,000 activations for the same two day time-period at the end of the quarter. And after the bloodbath AAPL took yesterday after AT&T's announcement Monday (SIX BILLION in market cap evaporated during the day) AAPL is up, UP and AWAY in after hours trading this evening. NASDAQ quotes has record prices for Apple's stock. The last time I checked it was trading at $148 after closing for the day at $137: <http://tinyurl.com/2z56wr> Anyway, after being way down yesterday it's even more up this evening! A lot of investors are trying to hitch a ride on AAPL's rising fortunes. Literally. j. -- Jonathan Fletcher jfletch at newmediaconstco.com Project Foreman NewMedia Construction Co.
