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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: Bill Ulrich who wrote (773)1/18/2006 4:40:09 PM
From: RockyBalboa  Read Replies (1) | Respond to of 6370
 
Apple Reports First Quarter Results
Wednesday January 18, 4:30 pm ET
Apple Delivers Record Revenue & Earnings

Apple posted revenue of $5.75 billion and a net quarterly profit of $565 million, or $.65 per diluted share, in this 14-week quarter.

.... Result: Stock takes a bath. -7.50% it appears to be the norm that stock gets a punding after earnings.

Ebay is also way down. This market has no legs.

EDIT: Ivanhoe provided for a nice entry, appearently during the first few words of the Conf Call.