Apple 2Q profit jumps 36 percent, but stock wobbles (AP)

AP - Apple Inc.'s fiscal second-quarter profit jumped 36 percent on blistering sales of Macintosh computers — and beat Wall Street estimates — but its stock dipped on a lower-than-expected profit forecast.

Apple 2Q Profit Jumps 36 Percent, But Stock Wobbles

Apple Inc.'s fiscal second-quarter profit jumped 36 percent on blistering sales of Macintosh computers, but its stock tumbled on the company's forecast of earnings below what had been expected.

Analyst raises AAPL target to $195 on Mac growth

Research firm Thomas Weisel Partners (TWP) on Monday upgraded Apple stock and set a target price of near its previous trading high, noting that the current price severely discounts the long-term growth potential and that any risk for a near-term earnings shortfall has faded. While most analysts have focused on the impending launch of Apple's "3G iP...

iPhone market share at 19 percent in 1Q, IDC says

Apple Inc.'s iPhone, a new model of which is widely expected this summer, took 19.2 percent of the U.S. market for "smart" phones in the first quarter of 2008, according to research firm IDC's vendor survey.

iPhone market share at 19 percent in 1Q, IDC says (AP)

AP - Apple Inc.'s iPhone, a new model of which is widely expected this summer, took 19.2 percent of the U.S. market for "smart" phones in the first quarter of 2008, according to research firm IDC's vendor survey.

Apple's 2Q Results Beat Wall Street Views, But Stock Wobbles

Apple Inc.'s fiscal second quarter was another blowout, with results that easily surpassed Wall Street's expectations, but it wasn't enough for investors to warm up to the company's stock any further.