Thursday, July 05, 2007

iPhone sales put shine on Apple share price

This is amazing! I thought this is coming... of course, who didn't...

"Apple's stock soared to a record high today amid analyst reports that sales of highly profitable iPhones easily rocketed passed $US300 million ($A351.68 million) after its US launch.

Apple shares were up nearly five per cent, rising to $US127.17 when the New York Stock Exchange closed. The price slipped a fraction to $US126.82 in after-hours trading."
"In its first weekend we sold more iPhones than in the first month of any other wireless phone AT&T ever offered," AT&T spokesman Mark Siegel told AFP. "That's how good it's been. We are simply not releasing figures."
AFP

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