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 February 27th

Fri,11:20 AM
Ericsson Sues Apple after Failing to Reach Patent License Agreement
10:01 AM
Analyst: Apple Watch Edition to Cost $950
8:55 AM
QuickTime & Yosemite: Recording Your iPhone or iPad Screen with iOS 8
Thu,8:36 PM
Apple Takes iWork for iCloud out of Beta, Open to Everyone
7:53 PM
This Is Why You Should Set Up Philips Hue LED Smartbulbs
7:15 PM
Apple Rumored to Bring Touch ID to Macs
4:40 PM
Last Chance To Save 55% On The Code Black HD Camera Drone
3:54 PM
FCC Reclassifies Internet Providers in Net Neutrality Vote
1:51 PM
TMO Daily Observations 2015-02-26: Apple Spring Forward Media Event, Net Neutrality
12:27 PM
Apple Invites Media to March 9th ‘Spring Forward’ Event
11:14 AM
Brikk to Sell Diamond-coated Apple Watch for $75K
10:37 AM
Build Your Own LEGO Oscars Statue
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!