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Tuesday, July 19, 2011

Apple Inc. (AAPL) Earns 7.31 Billion in Profit

Shares of Apple Inc. (AAPL) are currently halted but are set to reopen at 4:50pm EST. Apple earned $7.79 per share vs analyst estimates of $5.85. Apple Inc. (AAPL) stock should open well above $400 in a few minutes and is a strong buy below $380.

I am expecting multiple upgrades tomorrow and someone to come out with a 12 month price target close to $600.