Apple Holds All-Time Highs, Sort Of (AAPL)

Posted in pre-market 
April 21st, 2010

Apple Inc. (NASDAQ: AAPL) blew out numbers last night with $3.33 EPS and $13.5 billion in revenues; Thomson Reuters had estimates at $2.45 EPS on revenues of $12.04 billion. This was way above its own guidance and it blew out all internal sales estimates for iPod, iPhone, and iMac units.   Of course, Apple sandbagged guidance as well.

Shares closed yesterday at $244.59 and the prior all-time high was $251.14.  At 8:46 AM EST we have shares up 5.6% at $258.25, but we would note that Apple went above $264.00 last night in the after-hours sessions right after the post-close trading halt was lifted.

JON OGG

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