After last weeks iPhone announcement at Macworld Apple’s share price has been been slowly rising, is it time that the stock was split?
In just 4 hours (22.00 GMT, 14.00 PST) the company will report its fiscal first quarter results which are expected to stun wall street once again.
Shaw Wu of American Technology Research expects Apple to report $6.4 billion in revenue and profits of 78 cents a share.Wu believes that the company has shipped 1.8 million Macs and 15.5 million iPods in the quarter.
AAPL over 2 year periodTonight’s financial results are expected to push Apple’s price even further towards three digits, the last time Apple’s stock grew to such a number it was announced that the company would split all stock two-for-one.
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