AAPL tops $80 after holiday numbers
updated 01:25 pm EST, Tue January 10, 2006
AAPL 5.4B holiday quarter
Apple today revealed that it has fufilled what was considered by some analysts to be to date and reporting a holiday quarter revenue of $5.7 billion--near the top of Wall Street forecasts. Apple's stock skyrocketed to a new all-time-high breaking the $80 mark as the company's CEO Steve Jobs spoke at the Expo. Jobs stated that the company sold 14 million iPods during the holiday quarter alone, and that the iTunes Music Store has sold 850 million songs thus far. Wall Street analysts on average were expecting Apple to post revenue for the first quarter ending in December of $5.04 billion versus $3.49 billion a year ago, according to a report from Reuters.
