Day Trading Stocks
After Hours Apple Computers (AAPL) $1,000 QUICK PROFIT. LIVE Coverage: of Apple Computers Earnings for Q4 2010. Apple Stock Drops HUGE $22 After Hours Trading Apple's Profit Surges 70% on iPhone. LIVE: Apple Earnings Analysis Q4 Earnings BLOW OUT! Apple reported $20.34 billion in revenue, with profits of $4.31 billion, or $4.64 a share, ahead of the Wall Street at $18.86 billion and $4.06 a share.
The company's own guidance had been for $18 billion in revenue and profits of $3.44 a share. Results driven by "AAPL" "apple computers" imac "apple earnings" driven by strong iphone sales. The large "earnings apple" beat was driven by the ipod ipad but the stock trades lower in after hours trading. Gross margin was 36.9%, down from 41.8% a year ago. The company sold 3.89 million Macs, up 27% from a year ago. Apple sold 14.1 million iPhones, up 91%.
The company sold 9.05 million iPods, down 11%. It sold 4.19 million iPads in the quarter. "iPhone sales of 14.1 million were up 91 percent year-over-year, handily beating the 12.1 million phones [Research In Motion] sold in their most recent quarter. Chief Executive Steve Jobs said Apple's smartphone sales "handily" beat the 12.1 million sold by rival Research in Motion Ltd. in its most recent quarter and noted that Apple still has "a few surprises left for the remainder of this calendar year." Apple sold 3.9 million Macintosh computers in the latest quarter, up 27% from a year earlier. The company sold 9.1 million iPod media players, falling 11%. Sales have slowed for the iPod, although the unit has likely benefited from higher average selling prices, as more customers gravitate toward the iPod touch.
We still have a few surprises left for the remainder of this calendar year." Apple finished the quarter with over $51 billion in cash, short-term securities and long-term securities. The company has no long-term debt. Live Trading Video on Trading Stock Market Volatility Swing Trading Training Education Long & Short Apple (AAPL). We'll present live stock charts and how to trade the trend using our propreitary trading platform for our SMF Pro Traders.
Our live stock market trading education
is designed to help people who are looking to trade for a living and help them better understand the gimmicks of market makers. We offer Options for Profits Course trainings for individuals looking to actively trade options and increase their profitability and reduce slippage. In this video we reported we'd be buying 300 shares at $310.50 but we ended up lowering it to $285.50 after they halted the stock. We traded it several times for profits in after hours as the stock sold off very hard when trading began.