Another 52-Week High: Apple Closes At $52.19
Another 52-Week High: Apple Closes At $52.19
by , 7:15 PM EDT, October 28th, 2004
After hitting a 52-week high on Wednesday, shares in Apple Computer (AAPL) closed Thursday at yet another new 52-week high of US$52.19, a gain of $1.89 (+3.76%).
The stock traded on heavy volume of 15.4 million shares trading hands. Apple's current market value climbed to $20.43 billion, and its price-to-earnings ratio (P/E) stands at 73.61. In comparison, Dell's P/E stands at 30.48, while Microsoft's is 36.
News driving Apple's stock hike include the unveiling of its new iPod Photo, and a special edition U2 iPod, both of which were introduced on Tuesday of this week.
In addition, on Wednesday, Merrill Lynch analyst Steven Milunovich raised his estimates for Apple for the fiscal first quarter ending December to earnings of 42 cents per share on revenue of $2.95 billion, up from earnings of 40 cents per share on revenue of $2.85 billion.
If you are interested in Apple's stock, join our forum members in the Apple Finance Boards, a moderated forum for Apple Investors and people who are interested in Apple's financial dealings. For other stories regarding Apple's stock activity, visit our updated Apple Stock Watch Special Report.
Warning: include(/usr/local/etc/httpd/sites/macobserver.com/htdocs/forums/extension.inc) [function.include]: failed to open stream: No such file or directory in /var/www/bbm/macobserver.com/ee2/www/htdocs/comments/comments.php on line 108
Warning: include() [function.include]: Failed opening '/usr/local/etc/httpd/sites/macobserver.com/htdocs/forums/extension.inc' for inclusion (include_path='.:/usr/share/php5:/usr/share/php') in /var/www/bbm/macobserver.com/ee2/www/htdocs/comments/comments.php on line 108
Warning: include(/usr/local/etc/httpd/sites/macobserver.com/htdocs/forums/common.) [function.include]: failed to open stream: No such file or directory in /var/www/bbm/macobserver.com/ee2/www/htdocs/comments/comments.php on line 110
Warning: include() [function.include]: Failed opening '/usr/local/etc/httpd/sites/macobserver.com/htdocs/forums/common.' for inclusion (include_path='.:/usr/share/php5:/usr/share/php') in /var/www/bbm/macobserver.com/ee2/www/htdocs/comments/comments.php on line 110
Warning: include(/usr/local/etc/httpd/sites/macobserver.com/htdocs/forums/includes/bbcode.) [function.include]: failed to open stream: No such file or directory in /var/www/bbm/macobserver.com/ee2/www/htdocs/comments/comments.php on line 112
Warning: include() [function.include]: Failed opening '/usr/local/etc/httpd/sites/macobserver.com/htdocs/forums/includes/bbcode.' for inclusion (include_path='.:/usr/share/php5:/usr/share/php') in /var/www/bbm/macobserver.com/ee2/www/htdocs/comments/comments.php on line 112
Fatal error: Call to a member function sql_query() on a non-object in /var/www/bbm/macobserver.com/ee2/www/htdocs/comments/comments.php on line 532
Recent Headlines - Updated May 19th
- Sat, 10:30 AM
- How-To - How to Assign Custom Icons to Desktop Files & Folders in OS X
- Fri, 8:10 PM
- Free on iTunes - 3 Free iOS Apps We Hope You Never Need
- 7:52 PM
- The Back Page - Apple’s ‘iRadio’ Streaming Excites Labels, Sony Hung on Skipping
- 3:50 PM
- Particle Debris - How the War Between Apple & Google Will be Won
- 3:29 PM
- News - Pentagon Approves iPhone & iPad for Military Use
- 1:10 PM
- TMO Quick Tip - Apple TV: Hiding Unused Icons from the Main Screen
- 10:40 AM
- Sci-Fi Airshow
- 9:17 AM
- News - CW Signs Content Deal for Apple TV
- 8:31 AM
- TMO Quick Tip - iTunes 11.0.3: New MiniPlayer Features
- Thu, 5:25 PM
- Analysis - Apple CEO Tim Cook Will Propose Corporate Tax Overhaul, Report
- 4:07 PM
- myPhoneDesktop Allows You to Send Data from Mac/PC to iPhone
- 3:03 PM
- iLuv Ships ‘Aud 5’ Lightning Speaker Dock for iPhone 5
The Mac Observer Reader Specials
-
-
-
-
-
-
-
-
-
Support TMO, Buy from Amazon, MacMall and The Apple Store
