Apple Sliced in After Hours

July 2008
Red Herring;7/21/2008, p1
Trade Publication
The article reports on the increase in the shares of Cupertino, California-based Apple after it posted earnings that beat Wall Street expectations. The computer maker reported net income of $1.07 billion, or $1.19 per share, on revenue of $7.46 billion. According to chief executive Steve Jobs, they set a new record for Mac sales, they think they have a real winner with their new iPhone 3G, and they are busy finishing several more wonderful new products to launch in the coming months.


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