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Ticker Summary (AAPL)

258.77+6.60 (+2.62%)
Open 254.93
High 258.78
Low 254.50
Volume 18,307,828
Market Cap 236.4B
52 Week High 279.01
52 Week Low 165.00
P/E 19.49
F P/E 14.43
EPS 13.28
Dividend N/A
Yield N/A
1 Year Target 332.00

AAPL 258.77 +2.62%

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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2 years 270 days ago by Tim

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