We're going to be covering the Apple earnings call live at 5pm ET / 2 pm PT, now that the earnings report is out ($1.16 per share, hot hot hot!). To listen in on the call, you can pick up the QuickTime stream here. Remember, for ongoing coverage of AAPL be sure to check out our sister site BloggingStocks.
Posts with tag WallStreet
iPod rumors cause Apple stock to rise
We all know that Apple is gathering the tech press for a Special Event (notice the capital letters) on September 5th, and it is pretty clear it has something to do with iPods. The rumors are swirling, and helping Apple's stock price.Goldman Sachs has told its clients that this event might introduce the much ballyhooed full screen video iPod. Goldman suggests that people might want to buy some Apple stock, which in turn caused Apple's stock to jump $5 upwards on trading.
AAPL drops more than 5 percent in wide market selloff
It may not have been the only bad news on a bleak Wall Street Tuesday, but Apple's 5.3% stock price drop (closing at 83.93, almost 14 points off of January's high) was certainly noticeable. Investors may have seized on the AppleTV ship delay as a sign of slipping execution for AAPL.Now get out there tomorrow and buy buy buy! [Disclaimer: I hold positions in Apple and Intel stock, among other equities. :-] Apologies for the use of the Cha-Ching logo, but I honestly couldn't think of a better illustration for a "market correction" than an empty piggy bank.
