Apple hits 4-year high; iPod seen lifting sales
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Apple Computer Inc. stock jumped to a four-year high yesterday after a major Wall Street firm nearly doubled its price target on the stock, saying that customer satisfaction with its iPod music player is creating &quot;wildfire word-of-mouth marketing&quot; for its Mac computers and other products.
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Apple Computer Inc. stock jumped to a four-year high Monday after a major Wall Street firm nearly doubled its price target on the stock, saying that customer satisfaction with its iPod music player is creating "wildfire word-of-mouth marketing" for its Mac computers and other products.
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Apple said its revenue rose by 35 percent to $9.6 billion in its year-ending business quarter, driven by record Macintosh, iPod and iPhone sales as well as strong demand for the company's latest software release. Net profit rose to $1.58 billion, or $1.76 per share, versus $1 billion in the fourth quarter of 2006.
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Apple Computer Inc. shares rose as much as 6.5 percent after the company said fourth-quarter net income more than doubled on surging demand for iPods and forecast profit and sales this quarter that will beat analysts&#39; estimates.
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Apple Computer shares surged to a four-year high yesterday after a Piper Jaffray analyst said the stock may almost double to $100 within a year, citing a survey that shows the iPod digital
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Sales of Apple&#39;s flagship iPods are booming in recent weeks, though sources claim the company&#39;s recently introduced iPod photo is not such a hot ticket.
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Apple Inc  shares rose more  than 4.5 percent on Wednesday, fueled by excitement over the  pending launch of new iPod digital music players, which could  entice current users to buy upgraded models.
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Shares of Apple Computer Inc.  AAPL.O on Thursday closed at a four-year high as the iconic  computer maker this week rolled out an iPod that displays  photos and opened nine new iTunes online music stores in  Europe.
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Apple Inc.'s fiscal fourth-quarter profits jumped 67 percent and easily beat Wall Street expectations, capping a record-breaking year that saw unprecedented momentum in its Mac business, ceaseless consumer interest in its iPod players and a successful introduction of its newest endeavor, the iPhone.
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Apple Inc  blew by analysts' estimates with a 67 percent rise in profit on Monday as the popularity of its iPhone and iPod boosted Macintosh computer sales, and its shares jumped 7 percent.
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Apple reported strong earnings for its fourth quarter on Monday, boosted by record Macintosh computer sales and the shipment of 1.12 million iPhones.
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Shares of Apple Inc.  rose  more than 4 percent to an all-time high on Thursday as  investors bet on strong demand for its media-playing iPhone and  speculation mounted over plans to sell the device in Europe.
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Apple Inc blew by analysts' estimates with a 67 percent rise in profit on Monday as the popularity of its iPhone and iPod boosted Macintosh computer sales, and its shares jumped 7 percent.
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Apple reports record quarterly profits boosted by sales of the iPod music player and its notebook computers.
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Apple announced financial results Monday that were the corporate equivalent of a grand slam. With the iPod, iPhone, and Mac computer on base, the company hit a home run in its fiscal fourth quarter.
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SAN FRANCISCO - Apple on Monday reported its second-best quarter on record sales of Macintosh computers, iPod music players and its new iPhone.
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Apple&#39;s stock soared to a record high Tuesday amid analyst reports that sales of highly profitable iPhones easily rocketed past 300,000 after its US launch.