Apple proved that it`s bouncing back from the pandemic during its Q3 earnings call. Shareholders must be happy!
I hope you`ve all had a great week (as good as it can be, given the circumstances), because apparently, Apple certainly has had a great year, pandemic or not.
That`s right. This week was Apple`s third-quarter earnings call, which we have the full transcript of right here. And even though this year has been hard for a lot of people, it seems that Apple is doing fine. In fact, it`s doing pretty great, with its stock hitting a new all-time high. As of this writing, AAPL is sitting at $425 a share, and the company started the year with a price of around $300, if I remember correctly.
Speaking of AAPL, the company also announced a surprising 4-for-1 stock split as a result of their strong third financial quarter. This split will occur on August 24, 2020, and it means that current shareholders will see every share that they have split into four shares at about $100 each. The s...
|