Apple’s Stock on the Rise

Apple’s stock is going up and up after the release of their third quarter report. At the end of Tuesday’s trading, Apple’s stock was at around $151.50. After the report became public, Apple’s stock currently is currently higher than $158.
In the third quarter report, Apple earned $1.23 billion. Compared to the third quarter of 2008, Apple earned about $400 million more this year. Sales were also up — from $7.46 billion at this time last year to $8.34 billion. The fact that sales rose more than $850 million easily beat expectations.
Steve Jobs, who recently returned to the company after a …read more