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 Rebounding

Apple Stock Rebounding

by , 10:10 AM EST, February 7th, 2006

Apple's stock has started to climb again, following Tuesday's announcement of the 1GB iPod nano and the price reduction of the iPod shuffle. Analysts and investors became concerned that the Mac and iPod maker would not be able to continue its forward momentum through 2006, causing its stock to drop to US$ 67.30, its lowest point in over two months, on Monday.

Tuesday is typically a busier day for Apple's music interests, and today is no exception. It launched a give-away promotion as a part of the iTunes Music Store (iTMS) countdown to selling 1 billion songs, the 1GB iPod nano was introduced, the iPod shuffle's price was lowered, and Showtime announced that it joined the iTMS.

Apple stock is currently trading at $69.09, up 1.79 (2.66%).


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 May 28th

Mon,12:40 PM
Three Ways to Protect your Apple Watch (and One Way Not To)
Fri,9:47 PM
The Pros and Cons of a Proprietary Apple Car Charger
6:59 PM
VirnetX Wants to Shut Down FaceTime, but it Won’t Happen
5:45 PM
Star Wars: Force Awakens Soundtrack LPs Will Feature Built-in Holograms—Really
5:45 PM
It Could Happen - Universally Autonomous Cars Could Fail in the Marketplace
5:36 PM
Record Your Mac’s Screen with iShowU Instant: $12
1:49 PM
TMO Daily Observations 2016-05-27: Apple’s Car Charging Plans, Eddy Cue’s Time Warner Deal
11:50 AM
iPhone SE: Is Less the New More?
10:44 AM
Support for Anti-encryption Laws Crumbles
Thu,11:02 PM
HP Envy 34c Curved Display Video Review
6:18 PM
Thinking Differently about Apple Spending Billions to Buy a Big Media Company
5:30 PM
Civilization: Beyond Earth – The Collection: $29.99
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!