Tuesday, October 21, 2008

Steven Wevodau - Surging iPhone sales spur Apple, issues safe outlook (Reuters)

Apple Inc CEO Steve Jobs displays a redesigned iPod Nano at Apple's 'Let's Rock' media event in San Francisco, California September 9, 2008. (Robert Galbraith/Reuters)Reuters - Apple Inc reported a stronger-than-expected 26 percent rise in quarterly profit, spurred by strong sales of its new iPhone, and its shares rose 13 percent on Tuesday.

Steven Wevodau

AP - The stock market is not the economy. Steven Wevodau

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