Apple shares pop as COO reiterates company on track to hit sales goal of 10 million iPhones in 2008
Wednesday, February 27, 2008 - 06:29 PM ESTDuring his Goldman Sachs Technology Investment Symposium presentation today, Apple Inc. Chief Operating Officer Tim Cook reiterated to investors that the company is on track to hit its sales goal of 10 million iPhones this year.
As in Apple's conference call covering last quarter's record financial results, Mr. Cook said the company had "really good confidence" that Apple would meet their iPhone sales target in calendar 2008.
Shares of Apple Inc. closed up $4.28, or 3.48%, at $127.24 in extended trading after closing the regular session up $3.81, or 3.20%, at $122.96.
MacDailyNews Take: Surely somewhere deep within the bowels of Bernstein Research, so-called analyst Toni Sacconaghi weeps.


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