Apple Inc. (NASDAQ: AAPL) rose over $7 in afternoon trading today, breaching the $300 billion market capitalization mark, as investors are getting pumped for the new year. The company had a solid holiday shipping season, but the new year awaits. The company is set to release earnings on January 18th. Apple itself had forecasted $4.80 in earnings per share for the most recent quarter, yet analysts have reached a consensus of $5.29. Given how incorrect the analysts have been in the past, there's no telling where Apple's earnings will stand, however Steve Jobs has a strong record of delivering excellent results.
The most recent quarter isn't just everything. Apple has lots going for it in the future. The company just revamped it's iPod lineup, with its revolutionary iPod Nano - a small touch-controlled device. Apple could bring it's top selling iPhone to Verizon this year and is expected to launch the new iPhone 5 and iPad 2. It will also be interesting to learn more about the revamped Apple TV product that the company has been selling this holiday.
To read the full Apple report click here.
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