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Daily Archives: April 22, 2010

Apple: A Stock I Could Really Fall in Love With

April 22, 2010
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Apple: A Stock I Could Really Fall in Love With

Well, it’s happened again.  Apple has blown by analysts’ expectations for the umpteenth time and the stock is getting another boost. Apple managed this trick by selling way more iPhones than analysts expected it would.  In fact, 8.75 million iPhones flew out of Apple stores, while professional Apple watchers had estimated that just a few more than seven million would be sold.  That’s a 131% gain in sales from the same quarter last year.  And these sales are coming even though everyone who’s paying attention knows that Apple will be bringing out a new iPhone model this summer! Just...

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