Apple Earnings Blowout Bodes Well For Nasdaq ETF
April 20, 2011 at 21:04 PM EDT
Apple (NasdaqGS: AAPL) shares rose in after-hours trading Wednesday after the iPhone and iPad maker said its quarterly profit nearly doubled. The news could help lift technology exchange traded funds (ETFs) and PowerShares QQQ (NasdaqGM: QQQ) on Thursday. “Apple reported strong results driven by...