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Apple Reports Record Profits in 4th Quarter
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Apple Reports Record Profits in 4th Quarter
Shares of technology giant Apple are set to rebound after the company announced better than expected quarterly profits. The company’s stock plunged as much as 10 percent in Europe Monday after Apple co-founder and CEO Steve Jobs announced he was taking another medical leave. Jobs, who is 55, suffers from pancreatic cancer, and received a liver transplant in 2009. While many remain concerned about Apple's future without its iconic leader, analysts say the short-term outlook for Apple remains strong. Mil Arcega has more.
Video Length: 0
Date Found: January 19, 2011
Date Produced: January 18, 2011
View Count: 0
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