Well, the Wall Street Journal just reported Apple’s latest blowout numbers:
“Boosted by demand for iPod players and Macintosh computers, Apple reported its profit soared 88% to $770 million and revenue reached $5.26 billion. The company shipped 10.5 million iPods, up 24% from a year ago. Mac shipments rose 36% to 1.5 million machines. ‘The Mac is clearly gaining market share,’ said CEO Steve Jobs. Separately, a group of Apple board members issued a statement defending Mr. Jobs from accusations tied to the company’s stock-options backdating. The directors said they have ‘complete confidence’ in Mr. Jobs’s ‘integrity and his ability to lead Apple.’ Apple shares jumped 10% to $102.55 in late trading.”
Gee, I guess you could say the market likes it? And this after a page-one Journal story today suggesting Jobs knew more than previously reported about his company’s options backdating. To hell with that, the market seems to be saying — just keep giving us those good results.
Up 10% in one day? Amazing…
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