This Morning: AAPL Catches a Bid, SNE Upgraded, RIMM's Day Approaches

This Morning: AAPL Catches a Bid, SNE Upgraded, RIMM's Day Approaches

Shares of Apple (AAPL) are up $6.37, or 1.5%, at $446.03, despite the stock receiving another downgrade this morning, this one from R.W. Baird's William Power, who cut his rating to Neutral from Buy, writing that he's concerned the consensus estimate

The afternoon rally they experienced after the morning's dip created a positive day, despite AAPL dropping another 10.62 today. The day started out with a pop to the upside. They challenged yesterday's 5-year high on the

Apple Inc. (NASDAQ:AAPL) reported record revenue of $54.5B for the quarter that exceeded company guidance of $52B and estimates of $54.7B. Revenue grew 17.7% YoY and 51.6% sequentially. Earnings of $13.81 exceeded guidance of $11.75 and

The afternoon rally they experienced after the morning's dip created a positive day, despite AAPL dropping another 10.62 today. The day started out with a pop to the upside. They challenged yesterday's 5-year high on the

AAPL has lost some of its luster over the last few weeks, especially given its 11-month low earlier this month, as 9to5Mac detailed in our earnings preview from this afternoon. Apple's stock closed at 514 today, but it seems