Apple splitting stock as iPhone sales soar

[onehandle]

Source: AFP

San Francisco (AFP) - Apple on Wednesday courted investors with stock split plans as hot iPhone sales pushed up profits while underscoring pressure for the company to unveil "the next big thing."

Apple shares jumped more than seven percent to $566.15 in after-market trade following the release of January-March earnings figures showing profit of $10.2 billion on $45.6 billion in revenue.

The earnings report came with Apple chief Tim Cook hinting that new products are on the way from the maker of iPhones, iPads, iPods, and Macintosh computers.

"We're very proud of our quarterly results, especially our strong iPhone sales and record revenue from services," Cook said in a press release.

Read more: http://news.yahoo.com/apple-reports-profit-10-2-bn-quarter-204735355.html

[Brother Buzz]

1. Lieutenant Dan got me invested in some kind of fruit company.

So then I got a call from him, saying we don't have to worry about money no more. And I said, that's good! One less thing.

[mnhtnbb]

5. I seriously thought about buying

Apple quite a few years ago--at 27--and decided against it
because I was worried that without Jobs it would be nothing.

Have to chalk it up as my worst 'miss' when it comes to investing.

[Yavin4]

6. A company like Apple will find another Steve Jobs

I became an Apple convert last year.

[Hosnon]

3. I'd be surprised only if it weren't onehandle. nt.

[Stallion]

4. i was wondering why Nasdaq was Up a Percentage Point In After Hours Trading

there you go

[brooklynite]

7. I'll be up to 4,200 shares...

...bought at an effective price of $4.50 each.