Apple (AAPL) said profits surged by nearly 90% last quarter, with iPods selling like hotcakes and the Mac winning market share from the PC. What makes this breakout even more remarkable - it’s happening amid an options backdating scandal.
Jeff Macke says that AAPL manages their stock unbelievably well. They come out with more excitement quarter after quarter. He adds no one is talking about Steve Jobs’ options package because with numbers like these, “no-one cares!”