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 Stock Continues to Climb

Apple Stock Continues to Climb

by , 8:35 AM EST, November 28th, 2005

Apple's stock is gaining while analysts express a positive outlook, according to MarketWatch. Strong iPod demand, plus a possible rise in demand for higher end iPods, are driving Apple's value up. Apple stock closed on November 25, before Thanksgiving, at US$69.34.

Piper Jaffray is maintaining its outperform rating, but raised its target price from $68 to $79. Deutsche Bank lists Apple with a buy rating, raised its target to $78, and bumped up its earning estimate from $1.70 to $1.85.

J.P. Morgan expects demand for new iPods to out-strip supplies, which means Apple may sell more than its estimated 10.8 million iPods.

Apple stock is currently trading in the pre-market at $70.74, up 1.40 (2.02%).


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 January 30th

Thu,6:59 PM
Apple Tied Samsung for Global Smartphone Units in Q4
6:14 PM
Wall Street Continues Apple Love Fest as $AAPL Closes at $118.90
5:34 PM
ZeroLemon SolarJuice 20,000mAh Portable Charger: $49.99
2:14 PM
Apple’s Quarterly Revenue vs. 15 Really Big Numbers
2:13 PM
China Demands Back Door into Computers, Software
1:24 PM
TMO Daily Observations 2015-01-29: FCC’s Personal Hotspot Protection, China’s Tech Back Door Demands
11:09 AM
FCC Says Hotels Can’t Block Personal Hotspots
9:27 AM
Apple Remembers Remote Desktop Exists, Releases Yosemite Update
8:51 AM
Pages 5: Using Borders and Rules
Wed,7:40 PM
ACM 291: Apple’s Massive Numbers and the Rosetta Stone for Apple Timing
5:30 PM
One Way Apple Could Help Us Find Apple Pay Locations
3:47 PM
Aaron Sorkin’s Steve Jobs Movie Starts Filming with Michael Fassbender as Jobs
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!