Shares of Apple Computer plummeted nearly $6 in after hours trading on Tuesday, losing over 11% of their value despite the company reporting the best quarterly results in its history.
For its fourth fiscal quarter __ ____, the Mac and iPod maker posted revenue of $3.68 billion and a net quarterly profit of $430 million, or $.50 per diluted share. These results compare to revenue of $2.35 billion and a net profit of $106 million, or $.13 per diluted share, in the year-ago quarter.
However, the results still fell short of the extremely high investor expectations that have been baked into the company's stock price, which has recently traded at all-time highs.
As of 5:00pm eastern time, Apple stock was trading at $45.85, down $5.74 or some 11.13%.
The punchline: the above is from Tuesday, October 11, 2005
"Plus ça change, plus c'est la même chose."
Update: "The Scum asked about pizza in Vegas in a previous thread:
Any better local pizza similar to that in Vegas
OMG! You don't do Pizzeria Uno? To die for. On the west side across the freeway from the strip. There are even specials not on the menu. We get a "Sea Delico." Ask, they'll know.