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 April 30th

Mon,12:40 PM
Three Ways to Protect your Apple Watch (and One Way Not To)
Fri,6:10 PM
An Open Letter to Phil Schiller about iPhones, iPads, and Macs
5:30 PM
New Products Apple Might Give Us While We Wait for the Car
4:42 PM
Nomad Pod Portable Apple Watch Battery Pack: $33.95
4:40 PM
FBI Director in the Dark on iPhone Hack Details
2:36 PM
How to Select Single Pics from Burst Photos on Your iPhone
1:30 PM
SolarTab Portable Solar Panel is a Bright Spot in Outdoor Charging Solutions
12:00 PM
TMO Daily Observations 2016-04-29: Kicking Off a New Apple Conference
9:15 AM
Changing Your Wi-Fi Channel for Improved Speed
Thu,7:59 PM
Carl Icahn Isn’t Wrong about Apple in China
5:54 PM
House Passes Email Search Warrant Bill
3:20 PM
Roxio Toast 14 Titanium for Mac: $49
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!