- iPhone, App Strategy the 'New Dot Com?'
- Cisco Jumps; Rest of Market to Follow?
- Call It 'Microsoft Math'
- Intel in the Anti-Trust Crosshairs, but Why?
- Apple Apps—Now More Than 100K
- WoW Fights New Front in China
- Smart Phone Competition Heats Up. Again.
- A Tale of Two Smart Phone Makers
- Avatar Hype Soars Thanks to Tech
- AMD's Ruiz Gets Tripped by Idle Chit-Chat
MOST SHARED
- Home Prices Start to Stabilize In the US as Sales Pick Up
- Dow Industrials at New Highs—But Other Indices Lag
- S&P Stocks Trading at New 52-Week Highs
- Future of Marketing
- Israel: Leader of Business Innovation
- Rock Band Weezer Uses Snuggie to Promote New Album
- Dow Up Over 100 After G20 Stimulus Pledge
- Why Health Care Bill Is Facing Such a Tough Fight in Senate
- Priceline Crushes Profit Forecasts; Shares Jump
- Warren Buffett to Sell Stakes In Union Pacific & Norfolk Southern
- Nov. 9: Unusual Volume Leaders
- The Battered Businesses Behind Housing
- Modern Warfare 2's Record-Breaking Launch
- Merck’s Mega-Monday Morning
- Why are Traders Bullish on This Food Company?
- Profiting From Natural Gas: Strategists
- S&P Stocks Trading at New 52-Week Highs
- Shopping for Answers
- Buffett to Sell Stakes in Norfolk Southern, Union Pacific
- Do You Know Your Coca-Cola Myths?
- Electronic Arts Beats Street, Announces 1,500 Job Cuts
- Time Is Here to Look at Overseas Stocks: Bill Gross
- Home Prices Start to Stabilize In the US as Sales Pick Up
- Flaw in US Data Overstates Growth, Productivity
- Priceline Crushes Profit Forecasts; Shares Jump
- 'Modern Warfare 2' May Be Biggest Event This Year
- Sprint to Cut Up to 2,500 Jobs, Sees Charge
RSS FEED
Tech Check
Apple's [AAPL
Loading...
()
] conference call continues at this hour with the company's Chief Financial Officer Peter Oppenheimer re-iterating the company's projections to sell 10 million iPhones, despite the perceived slow start the product has suffered.
Further, the company's shares opened to enormous volatility after being halted just moments before the earnings release hit the tape. They are now firmly in the green as it appears investors are focusing on the blockbuster Mac unit sales number (1.76 million instead of the 1.6 million expected by analysts) and the robust gross margins the company reported: 36% instead of the 33% anticipated.
Snap analysis: Apple investors have taken this dose of reality about iPhone sales, and focused instead on the catalysts that will juice these shares until iPhone's momentum catches up with the euphoria. Mac, iPod and margins. And if you're an investor focused on that, you're an investor who appears to be handsomely rewarded.
Shares in after-market, on extremely heavy volume, have completely erased the plunge Apple shares suffered yesterday on the AT&T activations news.
Questions? Comments?









