The Best (And Worst) Third-Quarter Technology Vendor Stocks


Apple

CEO: Tim Cook

June 28, 2013: $396.53
Sept. 30, 2013: $476.80
Change: 20.2%

There was lots of hand-wringing as Apple's share price dropped from its stratospheric highs of one year ago: The stock lost more than 25 percent of its value just in the first half of this year.

Apple reversed that trend in the third calendar quarter by growing its stock price by more than 20 percent, leading most of the IT vendors CRN tracked.

The long-term questions about whether Apple can remain an innovative leader persist. But, at least for the moment, the company continues to prosper. The company sold 9 million iPhone 5s and 5c smartphones during the weekend following their Sept. 20 launch in what proved to be yet another line-at-the-door event.

 



Next Page