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Technology Stocks : Apple Tankwatch
AAPL 255.53-1.0%Jan 16 9:30 AM EST

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To: sylvester80 who wrote (3854)4/21/2011 1:14:02 AM
From: Doren  Read Replies (2) of 32692
 
OUCH!! WIRED: Apple Crushes Earnings Again, With 95 Percent Profit Growth

wired.com

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Great PR - many strong superlatives:
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They cannot be stopped.

another smokin’ quarter

Apple earned a whopping $5.99 billion.

Apple shares surged nearly 3 percent in after-hours trading to hit $352.61. And the stock is on its way even higher, according to many Wall Street analysts, including Kaufman Bros.’ Shaw Wu, who told CNBC that he believes there is “at least 100 points of upside potential” for the stock.

“They’re unstoppable,” Piper Jaffray analyst Gene Munster told CNBC. “It seems like we’ve been saying the same thing for five years.”

iPhones in the quarter, an eye-popping 113 percent increase over last year, destroying Wall Street’s consensus estimate of 16.6 million units.
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