Apple's Q2 'surpasses expectations'
Friday 29th of August 2008
Apple's second quarter (Q2) financial results were enough to impress industry experts, according to a new article.Half Life Source reports this week that the computing company that brought consumers innovative products such as iPods, MacBooks, iMacs and most recently the iPhone has continued to surprise analysts.
It states that Q2 represented "another surprise, with results that easily surpassed Wall Street's expectations", with sales that saw a 43 per cent jump and profits that rose by 36 per cent.
One senior technology stocks analyst at First American Funds, Jane Snorek, suggested the company was riding the current uncertain economic climate well.
"The stock was all over the place, but I thought it was a great quarter," the site claims she said.
Earlier this week, it was reported that Bloomberg had given Apple shareholders a scare by accidentally publishing an obituary for the very-much alive company chief executive Steve Jobs.
Square Group - the leading Apple reseller
