Thursday, January 24, 2013

Apple Reports 4Q'12 Results

Apple (AAPL reported 4Q'12 results yesterday (02013.01.23) after the market closed. Today (02013.01.24) at 9:42am EST, APPL is at $451.00, down $63.01 (12.26%) on volume of 11 million. AAPL 52-week range: $443.14 - $705.07.

AAPL is not a GDT::Portfolio stock, but ~68% of AAPL shares are owned by "Institutional & Mutual Fund Owners." AAPL is a NASDAQ stock and at 9:42am EST The DJIA was up 0.29%, while the NASDAQ was down 0.60%.

From Ycharts.com: "[Apple has] $137 billion of cash, short- and long-term investments on its balance sheet as of December 29, roughly 30% of its market cap." $137 billion seems like a lot of cash to me.

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