The Mac Observer

Skip navigational links

You're viewing an article in TMO's historic archive vault. Here, we've preserved the comments and how the site looked along with the article. Use this link to view the article on our current site:
Apple's Stock Jumps 7.28%, Helped by Positive Analyst Comments

Apple's Stock Jumps 7.28%, Helped by Positive Analyst Comments

by , 4:05 PM EST, January 7th, 2005

Apple's stock jumped more than 7% Friday, helped in part by positive comments from First Albany Securities analyst Joel Wagonfeld. Mr. Wagonfeld raised estimates for Apple's fiscal 1st quarter, the December quarter, to 50 cents a share, up from 47 cents, according to a report from CBS Marketwatch.

Apple reports results for the quarter on Wednesday, January 12th.

Looking forward to 2005, Mr. Wagonfeld said in his research note, "We expect consensus estimates to take another step function forward, which should enable further appreciation."

Apple's stock closed today at 69.25, a gain of 4.70 (+7.28%) on very strong volume of 39.7 million shares trading hands.


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.

Recent Headlines - Updated July 30th

Wed,11:26 AM
Apple May Have Accidentally Leaked New 27-inch iMac
10:00 AM
Apple Confirms Purchase of Swell Talk Radio App for iPhone
8:45 AM
iOS 7: Preventing Unauthorized Purchases
Tue,11:02 PM
Apple Possibly Leaked New Mac mini Models
8:57 PM
Ford Ditching BlackBerry for iPhone for Global Corporate Use
6:04 PM
‘Window Plug’ Portable Solar Charger Concept Design
4:19 PM
MotionArtist for Mac: $9
2:10 PM
OS X Yosemite: How to Trek into Dark Mode
1:45 PM
Apple Retail Out Almost $310K in Scam, Suspect Arrested in Florida
1:12 PM
TMO Daily Observations: 2014-07-29
11:14 AM
Apple TV Adds Fox Now, CNBC Channels
9:55 AM
Apple Drops Samsung Patent Appeal, Ends Injunction Push
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!