Tag Archives: Mac Computers

Apple Inc.’s 78 percent surge in profit, buoyed by holiday purchases of iPads, iPhones and Mac computers, helped allay concerns about the company’s prospects as Chief Executive Officer Steve Jobs takes medical leave. Net income in the fiscal first quarter rose to $6 billion, or $6.43 a share, from $3.38 billion, or $3.67, a year earlier, Apple said yesterday in ... Read More »

Looks like investors believe that Steve Jobs is the iron hand that holds the Apple together and without him Apple would really hit the floor. Apple Inc. shares fell 4.4% in early trading Tuesday, erasing about $15 billion in market value, after the consumer-electronics company disclosed that company visionary Chief Executive Steve Jobs would take another medical leave. Few CEOs ... Read More »