Pixar beats the street, continues to impress
Shares of Pixar, Apple CEO Steve Jobs’ “other” company, closed up more than five percent today after the company posted a profit of 17 cents per share yesterday, besting analysts’ estimates of 13 cents. Revenue came in at US$16.7 million for the quarter. Pixar is trading near its 52-week high, and has escaped the economic downturn relatively unscathed.
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