Kara Swisher

Recent Posts by Kara Swisher

How Deep Is the Ocean, How High Is the Sky? Apple Stock's Wild Ride After Huge Quarterly Earnings Report.

After Apple turned in stellar second-quarter earnings yesterday, its shares surged above $260 in after-hours trading and then fell back down to close at $244.59.

What’s next is anyone’s guess, including Wall Street’s.

So it will be interesting to see where the stock opens today, especially as there seem to be more innovations en route from Apple (AAPL), as suggested by the unscrupulously obtained news about a handsome new iPhone coming soon.

In any case, the computer giant continues to flirt with the possibility of reaching the market cap of Microsoft (MSFT). Apple’s valuation is now at $222 billion, while Microsoft is at $275 billion.

Until this happens or doesn’t, let’s enjoy a video of the incomparable Billie Holiday singing, “How Deep Is the Ocean (How High Is the Sky)”:


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald