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RULiquid

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RULiquid

Re: None

Tuesday, 01/24/2012 9:08:35 PM

Tuesday, January 24, 2012 9:08:35 PM

Post# of 84
Apple earnings surge on blow-out iPhone sales
Shares jump as iPhone, iPad drive results; forecast ahead of Street
SAN FRANCISCO (MarketWatch) — Apple Inc. saw earnings more than double for its first fiscal quarter, reporting results on Tuesday afternoon that blew past Wall Street’s estimates, primarily from a huge jump in sales of the iPhone.
http://www.marketwatch.com/story/apple-earnings-surge-on-blow-out-iphone-sales-2012-01-24

Shares of Apple AAPL +7.32% jumped nearly 8% in after-hours trading immediately following the results. The period included the launch of the iPhone 4S, and Apple CFO Peter Oppenheimer said “tremendous popularity” of the 4S model led iPhone sales growth across all of the company’s segments during a conference call following the report.


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