This is what I called, the most powerful GROWTH company in this current modern world!
Apple, Inc. reported second quarter earnings of $12.30 per share on revenue of $39.2 billion. The consensus earnings estimate was $10.03 per share on revenue of $36.8 billion for the quarter ending March 31, 2012.
In after market hours, this company gapped up to $40 to above $600. WOW! And to think that iphone 5 is in the pipeline and apple imac sales coming up in next quarter earnings is tremendous.
This quarter we have loads of chances to make $ from this maiden again.
Having said that, now that it gaps up so much, I have to change my trading strategy. I would have to wait for the consolidation to occur. It may take a few days.
Article on Apple: