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Apple (AAPL) and iPhone


quote:
Record sales of Macintosh computers pushed Apple's (AAPL) third quarter earnings up 74% over the same quarter last year, overshadowing news that iPhone sales, while strong, failed to meet expectations.

Wall St. reacted swiftly, driving Apple shares up nearly 10% in after hours trading.

Apple reported today that it sold 270,000 iPhones in the last two days of the quarter -- more than it had predicted, but far less than the target of 500,000 to 700,000 units Apple analysts had set for the first three days of sales.
Although this is specific stock news I believe that this will set the tone for the futures market tomorrow.