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.

Apple Inc (AAPL) Stock Halted 10/18/10

Shares of Apple Inc (AAPL) have just been halted pending their earnings release. This is normal for Apple to be halted and I expect the stock to open around 5 or 5:30pm tonight.

Apple Inc closed after hours around $316.50.


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Apple Inc AAPL Stock Halted - Earnings are Blowout

Shares of Apple Inc (AAPL) have been halted and will reopen sometime around 5pm EST. Apple Inc reported $3.33 earnings per share vs $2.45 on 13.5 billion in revenue. These figures are absolutely amazing and should help the stock trade above $260 after it reopens in my opinion.

Apple Inc Breakdown - 4/20/10

Mac Sales - 2.9 million

iPhone Sales - 8.75 vs 7.5 million

iPod Sales - 10.98 vs 10million

Guidance - $2.28-$2.39 EPS Guidance for next quarter.



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