We use cookies to improve site performance and enhance your user experience. If you'd like to disable cookies on this device, please see our cookie management page.
If you close this message or continue to use this site, you consent to our use of cookies on this devise in accordance with our cookie policy, unless you disable them.

Close

registration required

or
for more website access

This content can only be viewed by subscribers and registered users of Investors Chronicle.

Subscribe or register free today

Temptation: Should you buy Apple's shares?

There are definitely times when the market can seem excessively ungenerous when it comes to quarterly results. Apple's CEO, Tim Cook, must be wondering whether his job is worth the effort after delivering a record quarter of profits and revenues, only to see the share price sink by 10 per cent in out-of-hours trading. The figures on their own were mind boggling: first-quarter net profits of $13bn (£8.1bn) and sales 18 per cent higher at $54.5bn - or, on an adjusted basis to account for last year's extra week, up 27 per cent.

registration required

visible-status-Subscription-Only story-url-CoverFeature_Temptation_010213.xml

By Julian Hofmann and John Hughman,
01 February 2013

Print this article
Comments

Register today and get...

Register today and get...
Please note terms & conditions apply