Apple Ecosphere Stocks After Earnings
courtesy of AppleApple Inc. (NASDAQ: AAPL) was initially trading down around $591 after the shares were released from trading after its earnings report and its guidance were deemed a disappointment. Where this gets interesting is that the Apple has recovered…
Apple Inc. (NASDAQ: AAPL) was initially trading down around $591 after the shares were released from trading after its earnings report and its guidance were deemed a disappointment. Where this gets interesting is that the Apple has recovered and shares are now flat around $609.54, although officially Apple shares were down 1.2% today.
Apple’s ecosphere stocks, those companies which are deemed to be critical suppliers of parts to the company, are trading mixed in the after-hours.
Broadcom Corp. (NASDAQ: BRCM) shares closed down 2% at $31.62 on the day, and shares were down 0.4% at $31.50 for a while in the after-hours session. On last look shares were up around $32 in the after-hours.
Cirrus Logic Inc. (NASDAQ: CRUS) fell 3.8% ahead of the report and shares are currently down 2.6% at $38.17.
OmniVision Technologies, Inc. (NASDAQ: OVTI) dell 2.4% to $14.24 today but shares are now trading down around $14.10 after the report.
QUALCOMM Inc. (NASDAQ: QCOM) fell by 0.35% today to $57.43 and the shares are down 0.3% at $57.26 on last look in the after-hours.
Keep in mind that some of these shares may change wildly in either direction based upon many factors.
JON C. OGG
Contact [email protected] for any questions or corrections.
Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.
