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 March 28th

Fri,7:50 PM
How to Update Any Icon on Your Mac
7:25 PM
Steve Wozniak: Apple Watch Edition Won’t Move the World Forward
3:45 PM
The REAL Reason Apple’s iPad is Faltering
2:50 PM
‘Bobine’ Flexible iPhone Charging Dock: $24.99
2:05 PM
UK Safari Users can Sue Google Over Unwanted Browser Cookies
12:56 PM
TMO Daily Observations 2015-03-27: Tim Cook is the Top Leader, Leshi TV says Apple is Hitler
10:56 AM
Leshi TV CEO Says Apple is Hitler
9:29 AM
Apple Watch Compatible Apps are Already Arriving
8:55 AM
Numbers: Using the Quick Calculations Bar
Thu,9:20 PM
7 Things We Learned when Fortune Named Tim Cook World’s Greatest Leader
8:22 PM
How To Sell, Trade In, or Recycle Old Macs or PCs
7:35 PM
Apple’s App Store, iTunes, iBooks, Software Update Briefly Down for Some Users
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!