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 Apple Shares made some New Records

It seems like Apple Inc made some new records. For the very first time Apple’s share has jumped over $400.Well this all happened after the record breaking sale of  Iphone and Ipads due to which the third quarter profit went an all time high..

The Net income of the period just doubled to $7.31 billion, or $7.79 per share from a price of $3.25 billion, or $3.51 per share.This happened within just one year .Apple Inc reveled this yesterday. Sales of the company went up to 82 % i.e $28.6 billion dollars.

Apple Inc sold around 20 million iPhones and 9 million iPads within the 3 quarter, which ended on June 25. Where as its competitor  Mac computers sales were around 4 million.

Apple Inc’s earning did not mark a significant change in the US markets.US debt problems remains the same.Though significant change could be seen in South Korean markets but European crisis remains the same..

The report has eased the shareholders and a a rise in the stock market could be seen.Though it did’nt became a significant change for the share market yet some change and ease could be felt.