Thursday, April 3, 2008

Apple (AAPL) could not close above 150 on 2 April 2008

Apple opened at 149 and down 2.04 (1.36%) from previous close of 149.53 to Today close of 147.49. However, Research in Motion (RIMM - sister stock of Apple) released its earning and it beats earning and has upside guidance. In after Hours trading, RIMM up 5.46 (4.72%) and Apple also up 1.39 (0.94%) to 148.88.

Please look at the After Hours trading for RIMM and AAPL as below:-
After Hours Trading for RIMMAfter Hours Trading for AAPL

There were rumors about the possible release of the new Iphone (3G Iphone) which also mentioned in Fast Money. I will be waiting patiently for the release of the 3G Iphone and get one on my hand in future.

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