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 April 28th

Mon,8:17 PM
Apple Plans to be Part of Coming Big Media Changes
7:15 PM
Tim Cook on Poor iPad Sales: ‘It is what it is’
6:26 PM
After Hours Market Likes Apple’s Record Q2 Earnings
6:10 PM
MCX Member Best Buy To Accept Apple Pay
5:55 PM
SKEYE Nano Drone Fits in Your Hand: $34.99
5:33 PM
Tim Cook: Apple Watch Coming to Other Countries in Late June
5:15 PM
Apple Bumps Dividend 11 Percent, Expands Shareholder Returns to $200 Billion
5:01 PM
Apple Reports Record 2nd Quarter with 61.1 Million iPhones Sold
2:04 PM
TMO Daily Observations 2015-04-27: Apple Watch Heart Rate Tracking and Band Limitations
11:31 AM
Here’s the Airlines Supporting Apple Watch
10:29 AM
Discover Coming to Apple Pay this Fall
9:28 AM
Apple’s iTunes Store gets Red Cross Donation Page for Nepal Earthquake Support
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!