Wednesday, 28 January 2015

Apple tiser! and 74.5m reasons for optimism!

Wow so despite the extremes of optimism and pessimism on good sales in the far east but job cuts in suppliers and negative currency effects, Apple appears to have smashed it out of the park with the "the biggest quarterly profit in history" ( Apple posts the biggest quarterly profit in history), following a record 74.5m iPhones being sold!

This prompted after hours trading to push the shares up to $115.3, +$6.16 (+5.64%).
Still off the all time high of $119 but could it signal that there is yet life after Steve Jobs.
The company may have a lots some of its soul but perhaps there is still enough conceptual design and lifestyle appeal to the brand under his successor, as CEO, Tim Cook.

The shares have undergone a a 7 way split so $115.3 is relative to a pre split price of $807.

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