Apple Ecosphere Stocks After Earnings
Apple Inc. (NASDAQ: AAPL) was initially trading down around $591 after the shares were released from trading after its earnings report and its guidance were deemed a disappointment. Where this gets interesting is that the Apple has recovered and shares are now flat around $609.54, although officially Apple shares were down 1.2% today.
Apple's ecosphere stocks, those companies which are deemed to be critical suppliers of parts to the company, are trading mixed in the after-hours.
Broadcom Corp. (NASDAQ: BRCM) shares closed down 2% at $31.62 on the day, and shares were down 0.4% at $31.50 for a while in the after-hours session. On last look shares were up around $32 in the after-hours.
Cirrus Logic Inc. (NASDAQ: CRUS) fell 3.8% ahead of the report and shares are currently down 2.6% at $38.17.
OmniVision Technologies, Inc. (NASDAQ: OVTI) dell 2.4% to $14.24 today but shares are now trading down around $14.10 after the report.
QUALCOMM Inc. (NASDAQ: QCOM) fell by 0.35% today to $57.43 and the shares are down 0.3% at $57.26 on last look in the after-hours.
Keep in mind that some of these shares may change wildly in either direction based upon many factors.
JON C. OGG
Filed under: 24/7 Wall St. Wire, Active Trader Tagged: AAPL, BRCM, CRUS, OVTI, QCOM