Apple On Track To Be World's Most Valuable Company After “Unimaginable” Quarterly Profits
CEO Tim Cook’s opening tenure at Apple has led the technology company to record first-quarter profits double those seen year-on-year of $13.1 billion (£8.4 billion). The results were labelled as “just unimaginable” by analysts, leading to Apple’s share price to jump 12% in aftermarket trading to more than $460 a share.