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Ticker Summary (AAPL)

140.02-2.81 (-1.97%)
Open 141.31
High 142.83
Low 139.79
Volume 13,236,264
Market Cap 124.9B
52 Week High 180.91
52 Week Low 78.20
P/E 25.23
F P/E 22.42
EPS 5.55
Dividend N/A
Yield N/A
1 Year Target 158.06

AAPL 140.02 -1.97%

Apple reported strong Q2 earnings; however, the company expects its gross profit margin to drop next quarter sending the stock down over 10 percent after hours. Peter Oppenheimer, Apple's Chief Financial Officer, hinted about a new product which the company expects to introduce before the end of September. As usual no specifics were mentioned, but Mr. Cook mentioned that the new products would provide a new level of value to the customer and place Apple far above the competition.

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347 days 22 hours ago by Tim

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