Thursday, October 19, 2006
Apple Away!
Well after mentioning Apple earlier this week, and purchasing a position before earnings, it's paid off quite well in the near term, and the broader prospect of the future looks very promising as well. Apple reported earnings on $4.84 billion in income with profit rising 27% to $546 million. Gross margins were up 1.1% from mostly Macbook laptops, and the total units sold were up as well.
% Change Since Mention Earlier This Week:
Apple Computer - 6.5%
Level 3 Comm. - 17.6%
More Trades Coming..
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