Big news out of Apple yesterday that their CEO, Steve Jobs, is on sick leave for an indefinite amount of time. Investors awaited their fate today as Steve Jobs & earnings news were played out.
1) Apple Inc. (NASDAQ:AAPL): Shares are up $4.73, or 1.39%, to $340.65 after reporting fiscal first quarter earnings of 78%. The huge increase came on record iPhone, Mac, and iPad sales. Don’t Miss: Why Apple is Up After Hours. & An Overview and Breakdown of Apple Earnings.
2) CREE Inc. (NASDAQ:CREE): Shares are trading down $9.59, or 15.29%, on a disappointing earnings report as Asian demand declined.
3) International Business Machines Corp. (NYSE:IBM): Shares are up 2.82% after-hours to $154.90 per share after Q4 profit surged 9.2%, beating expectations on improved margins and increased revenue across all businesses.
3) Western Digital Corp. (NYSE:WDC): Shares are up $0.71 or 2.09% after earnings dropped 47% but beat dismal predictions.
Don’t Miss: Here’s Why Apple Shares are Up After Earnings >>
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