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Apple Gains as Mac Demand Drives Longer Lead Times [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
Warning! GuruFocus has detected 4 Warning Sign with DAL. Is AAPL fairly valued? Test your thesis with our free DCF calculator. The company called the longer lead times a "victory," which means that demand for Apple's more expensive computers is higher than supply. Shares went up more than 2% in premarket trading, thanks to both what analysts said and what the market as a whole thought. Longer shipping periods are sometimes a good indicator for hardware companies because they show that they have a lot of orders and that customers and businesses are still interested. The trend for Apple could be because more people want its newest silicon-powered Macs, which are becoming more popular in professional and performance-focused areas. This news is just one more good indicator for Apple's products, along with robust iPhone sales and prices that stay consistent. It also shows that Apple's move to make its own chips is still popular with users. In the next months, investors will prob
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