Digest Note: The Digest is mostly things I take from my Twitter and del.icio.us (a daily summary of my del.icio.us posts are published in my RSS feed), which means things that happened today in the world, my eprsonal life, and cool things I found. The Digest also sometimes links to previous posts.
In contrast to my previous post, here’s a positive post about financial news: Apple Inc., better known to, well, everyone, as Apple, has announced its Q2 earnings this afternoon, and they’re pretty amazing at $0.87 EPS, which is up from $0.47 EPS in the year-ago-quarter, and $5.26 billion and $770 million in quarterly revenue and net profit, respectively. Apple has also sold 36% more Macs and 24% more iPods since last year. Plus, the Q2 earnings beat the $0.64 EPS analyst expectation by $0.23. What this means: Apple’s still growing and thriving, and its stock price has surged, going up $7.10 (7.45%) in after-hours trading at the time of publishing, all the way to an all-time-high (not including previous highs today in after-hours trading) of $102.45. So, whether you’re an Apple fan, shareholder, or both (like me), this’ll be good news to you’re ears.
Note: Apple has also announced that it’s not going to fight with ex-CFO Fred Anderson (who accused Steve Jobs of being responsible for the stock options scandal).
Note 2: From TUAW: “During this afternoon’s financial conference call, Apple CFO Peter Oppenheimer announced that a third Big Apple store is being planned. It’s been suggested that this building at 401 West 14th Street will be the third store’s location. At 52,000 square-feet, it would house one heck of a store.” And yes Dave, as you pointed out in your post, New Yorkers do get everything. Except free municipal Wi-Fi. And driving distance from Apple, Google, digg, Macworld and more headquarters. Damn you San Francisco!
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