Apple (AAPL) Stock Jumps of 30 USD a Share On Q1 Profits

After Apple announced their quarter one profits this morning and the stock price went through the roof.  At press time, the price was at $451.51 USD in after hours trading, up more than $31.10 USD or 7.40 percent. With groups like RBC Capital posting a buy level at $525 USD a share, this is not much of a stretch at this point.

The increase in share price makes Apple Inc. the number one company in the US as far as value goes, putting it ahead of Exxon by about $3 billion USD.

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