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 December 22nd

Mon,11:34 AM
Apple Pay goes to Disney World for Christmas
10:46 AM
SNL Takes on Serial with a Holiday Flair
10:07 AM
Apple Rolls Out OS X Yosemite 10.10.2 Public Beta
9:03 AM
Rumor Claims 12-inch MacBook Air Production Coming in Early 2015
Sun,8:14 PM
MGG 532: Blowin’ Up The Spammers!
7:45 PM
Get Free Bitcoins with 52 Website Faucets that Really Pay [Update]
Fri,5:31 PM
Google, Samsung can’t Top Apple’s Unreleased Apple Watch
5:10 PM
Report: Apple Pay is Disrupting and Transforming Mobile Payments
4:04 PM
Apple Raises Prices in Russian App Store Amidst Ruble Meltdown
3:55 PM
The Unexpected Ways Apple Watch Will Crush the Competition
2:29 PM
6-Ft MFi-Certified iOS Lightning and micro USB Convertible Charging Cable: $21
1:41 PM
TMO Daily Observations: 2014-12-19
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!