Apple silences pundits with record iphone sales

For much of history year, apple has been hounded by naysayers.On monday for one day at least the electronics market giant silenced the criticism.

The cupertino company announced record first weekend iphones sales more than 9 million mass adoption of the latest update of its handheld operating-System and sizable early interest in its new internet radio service.Furthermore, the company said its revenue and gross margins a key indicator of its bottom line profits were going to be at the top of its previous forecasts.

"It blew a lot of a persons minds when apple put up those kinds of numbers, reported scott rothbort, president of lakeview asset executive, the master of shares of apple in his personal and client accounts. "People pooh poohed the demand for these new items.Clearly it had demand,

Rothbort wasn't the only real investor who cheered the news.Apple's stock was ... Read more »