Apple Shares almost rise 10% in after Hours Trading

Jan 22 2009, 4:00am CST | by Luigi Lugmayr

It looks like investors got over the fact that Steve Jobs is taking a leave of abscence. After Apple announced their quarterly earnings yesterday the Apple stock rose 9.50% in after hours trading closing at $90.70. It had already risen by about 5% during the official trading hours.

Investors always look forward and Apple gave a resonable strong outlook for the next quarterThe Holiday Shopping Quarter earnings of Apple have set another record for the company. More details in our earlier report.
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Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.