With unquestionably good earnings, Apple (AAPL) managed sig' gains, settling +2.6% @ $97.20. The stock is up a powerful 30% since mid April, and looks headed for the big psy' level of $100. At the current rate, AAPL will be in the 110/115 zone by late Oct.
Without question, AAPL earnings were fine, and even Mr Market decided that was the case across Wednesday trading.
As many recognise, once a stock hits $90, it almost always keeps on pushing higher to the $100 threshold...and somewhat over.
Relative to the main market... AAPL is still 'cheap', and if sp'2100s later this year, then AAPL should be comfortably holding above $100..if not somewhat higher in the $110s.