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Ticker Summary (AAPL)
| 222.25-2.40 (-1.07%) | |
|---|---|
| Open | 225.16 |
| High | 225.24 |
| Low | 221.23 |
| Volume | 19,980,164 |
| Market Cap | 201.5B |
| 52 Week High | 227.73 |
| 52 Week Low | 100.57 |
| P/E | 21.66 |
| F P/E | 19.30 |
| EPS | 10.26 |
| Dividend | N/A |
| Yield | N/A |
| 1 Year Target | 255.49 |
AAPL 222.25 -1.07%
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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