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  • AAPL Explodes on Wall Street in One of Company's Best Performances


    Apple is the darling of the NASDAQ today, almost single-handedly carrying the market this morning in a share-surge following yesterday's impressive, analyst-beating Q2 earnings report (read MMi's coverage of Apple's Q2 earnings report here).

    This morning, shares of AAPL are trading up more than $50 (+10%) as investors and traders digest the staggering sales and revenue revealed yesterday by the tech titan.

    After falling from a record high of $644 in early April to the $580 range in recent days, AAPL has bounced back nicely and is now once again trading near the $620 mark. In response to yesterday's earnings report and the subsequent buying frenzy on Wall Street, the next stop for AAPL, some say, is $700.

    "It has been a long time since I've seen one earnings report be so meaningful for the market," Rick Meckler, president of investment firm LibertyView Capital Management, tells Reuters. "The fact that they weren't the negative surprise that so many people feared will be a huge relief to this market and really could provide the impetus to bring it back to those previous highs."

    Source: Reuters
    This article was originally published in forum thread: AAPL Explodes on Wall Street in One of Company's Best Performances started by Michael Essany View original post
    Comments 9 Comments
    1. JPili's Avatar
      JPili -
      World Domination:

      Step 1. Take over Wall Street *CHECK*

      Step 2. Well, once you have Wall Street... You're kinda done.
    1. scroogelives's Avatar
      scroogelives -
      Quote Originally Posted by JPili View Post
      World Domination:

      Step 1. Take over Wall Street *CHECK*

      Step 2. Well, once you have Wall Street... You're kinda done.
      Nah next the world then space!!!
    1. Norb's Avatar
      Norb -
      Quote Originally Posted by JPili View Post
      World Domination:

      Step 1. Take over Wall Street *CHECK*

      Step 2. Well, once you have Wall Street... You're kinda done.
      I heard they are going to buy Hawaii and reshape it.
    1. KraXik's Avatar
      KraXik -
      Quote Originally Posted by Norb View Post
      I heard they are going to buy Hawaii and reshape it.
      Nope. They are going to buy every single Lego piece in the World and shape it into a giant penis that can be seen from space.

      FACT.
    1. Norb's Avatar
      Norb -
      Quote Originally Posted by KraXik View Post
      Nope. They are going to buy every single Lego piece in the World and shape it into a giant penis that can be seen from space.

      FACT.
      Genius... Time to buy more stock.
    1. Mrteacup's Avatar
      Mrteacup -
      Quote Originally Posted by KraXik View Post
      Nope. They are going to buy every single Lego piece in the World and shape it into a giant penis that can be seen from space.

      FACT.
      Then they will patent it and sue all males

      FACT.
    1. *T*'s Avatar
      *T* -
      Quote Originally Posted by Mrteacup View Post
      Then they will patent it and sue all males

      FACT.
      Whoa... What if they win the lawsuit? WHAT WILL BE THE PENALTY??????
    1. Cellular's Avatar
      Cellular -
      Quote Originally Posted by *T* View Post
      Whoa... What if they win the lawsuit? WHAT WILL BE THE PENALTY??????
      We all would just have "apples" but then patent that they own anything with apple in its name :/

      Then we are left with this ({})
    1. artgnz92's Avatar
      artgnz92 -
      Roflmao👊😂😂😂