The company reported revenues of 9.5 billion in the for quarter. Consumer confidence fell in April from a record 144.7 in January to 136.9 which is close to October's reading of 130.5 just before the last leg of the tech stock rally began. However, experts say that consumer confidence shows little sign of impact from the recent market weakness. In a separate report sales of existing homes rose to a seasonally adjusted annual rate of 4.83 million units in March from 4.76 million in February. The Economic Calendar this week is packed with market moving data releases.
Tomorrow look for durable goods orders, and the retail trade numbers.
Thursday is busy with jobless claims, gross domestic product, employment cost and the M2 money supply data. And on Friday personal income and the Chicago PMI may move the market. Wall Street will be watching all these data closer than usual for evidence that the Federal Reserve's program of interest rate hikes are beginning to take effect or for signs that inflation is accelerating. For other stories regarding Apple's stock activity, visit our Apple Stock Watch Special Report . For other stories regarding Apple's stock activity, visit our Apple Stock Watch Special Report .