Apple Stock After Earnings – Business Insider
Jan. 28, 2015, 7:39 AM
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After digesting Apple’s historic earnings report, investors have decided to buy more Apple stock.
Apple is up 9% in premarket trading. It was up by only 5% after-hours Tuesday night, so investors have clearly gotten more excited about Apple’s potential.
Apple is now trading at ~$119, which puts it in range of its all-time high, $119.75, per Yahoo Finance.
The company reported 74.5 million iPhones sold during the holiday quarter, a 46% jump year-over-year and well ahead of expectations that the company would sell 65 million units.
We’ll keep an eye on the stock all day and update this post.
SEE ALSO: 15 Mind-Blowing Facts About Apple’s Quarter
Link to article:
Apple Stock After Earnings – Business Insider
