Friday, April 22, 2011

Apple quarterly earnings up 95%

Apple share price raise after announced their quarterly earnings has raised by 95% to 6 billions and revenue is 24.7 billions. Read the news here and here. Almost half of the sales contributed by iPhone sales.

Last year October (2010), Steve Jobs made a special appearance at Apple quarterly earnings conference, which he normally don't. That is the first Apple 20 billion quarter.

Last October, Apple share price is $300, just another 6 months pass, is $350 now. Some analysts target price at $450-$500, what do you think?

No comments: