Buy Apple Stock

This news is about a month old, but I thought I would share it anyway just in case you didn’t see it…

“Apple today reported the best quarterly revenue and earning in its history, ”surpassing $10 billion in quarterly revenue for the first time ever,” according to Steve Jobs. Announcing results for its fiscal 2009 first quarter, Apple posted record revenue of $10.17 billion and record net quarterly profit of $1.61 billion, or $1.78 per diluted share. During the quarter, Apple sold 2,524,000 Mac computers, a record 22,727,000 iPods, and 4,363,000 iPhones.”

With the current stock price of Apple sitting at nearly $100 a share I can’t afford to purchase any of it myself, but I just can’t imagine anything other than massive profits for this company. Not only does the iPhone seem to be the new standard of elite gadgetry, you cannot forget about the numerous applications that are being sold for this device. As the devices continue to sell like hot cakes I can only imagine that Apple will one day take over the world.