Apple Profit Surges

AMD profit shrinks; Abbott Labs net rises; plus more of Wednesday's stocks in the news

After the close of trading Wednesday, Apple Computer (AAPL ) posted third quarter earnings per share of 37 cents, vs. 8 cents one year earlier, on a 75% revenue rise. The company expects fourth quarter revenue of about $3.5 billion and EPS of 32 cents. The shares were up in after hours trading Wednesday after closing the regular session higher.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.