Apple Stock Hits New 52-Week High
Apple Stock Hits New 52-Week High
by , 12:45 PM EST, November 21st, 2006
Apple's stock reached as high as US$87.97 during Tuesday's trading, before settling at $87.84 as of 12:23 PM EST. $87.97 is a new 52-week high for the shares. At that time, it was up $1.37, or 1.58%, for the day, following a strong recent upward trend since it closed at $78.29 on Nov. 3.
MarketWatch's Rex Crum attributed Tuesday's surge to the report issued by American Technology Research analyst Shaw Wu on Monday. In it, Mr. Wu said that Apple has a second iTunes cell phone with messaging capabilities in development. In addition, he noted strong sales of the new red iPod nano, which could make his estimate of 14 million units sold this quarter a conservative one. Last year, Apple exceeded all analysts' expectations by selling over 14 million iPods during the final quarter.
Warning: include(/usr/local/etc/httpd/sites/macobserver.com/htdocs/forums/extension.inc) [function.include]: failed to open stream: No such file or directory in /var/www/bbm/macobserver.com/ee2/www/htdocs/comments/comments.php on line 108
Warning: include() [function.include]: Failed opening '/usr/local/etc/httpd/sites/macobserver.com/htdocs/forums/extension.inc' for inclusion (include_path='.:/usr/share/php5:/usr/share/php') in /var/www/bbm/macobserver.com/ee2/www/htdocs/comments/comments.php on line 108
Warning: include(/usr/local/etc/httpd/sites/macobserver.com/htdocs/forums/common.) [function.include]: failed to open stream: No such file or directory in /var/www/bbm/macobserver.com/ee2/www/htdocs/comments/comments.php on line 110
Warning: include() [function.include]: Failed opening '/usr/local/etc/httpd/sites/macobserver.com/htdocs/forums/common.' for inclusion (include_path='.:/usr/share/php5:/usr/share/php') in /var/www/bbm/macobserver.com/ee2/www/htdocs/comments/comments.php on line 110
Warning: include(/usr/local/etc/httpd/sites/macobserver.com/htdocs/forums/includes/bbcode.) [function.include]: failed to open stream: No such file or directory in /var/www/bbm/macobserver.com/ee2/www/htdocs/comments/comments.php on line 112
Warning: include() [function.include]: Failed opening '/usr/local/etc/httpd/sites/macobserver.com/htdocs/forums/includes/bbcode.' for inclusion (include_path='.:/usr/share/php5:/usr/share/php') in /var/www/bbm/macobserver.com/ee2/www/htdocs/comments/comments.php on line 112
Fatal error: Call to a member function sql_query() on a non-object in /var/www/bbm/macobserver.com/ee2/www/htdocs/comments/comments.php on line 532
Recent Headlines - Updated June 18th
- Mon, 7:05 PM
- Analysis - Apple Expands Jony Ive’s Title to Cover All ‘Design’
- 6:26 PM
- Analysis - Apple’s Eddy Cue Details Steve Jobs Interest in iBooks
- 6:25 PM
- Mac Geek Gab Podcast - MGG 454: Power Interruptus
- 6:00 PM
- TMO Interview - Marc Edwards at WWDC: Customers Will Be Shocked to See iOS 7
- 2:59 PM
- TMO Interview - Kevin Hoctor at WWDC: People Need a Great Money App; I Made One
- 2:20 PM
- Video Demo of Using 6 Displays in Apple’s New OS X Mavericks
- 11:51 AM
- Swipe through Email with Mail Ninja
- 11:28 AM
- TMO Quick Tip - Wireless Emergency Alerts: What You Need to Know
- 9:55 AM
- Analysis - Apple’s Public Statement: No PRISM Involvement from Us
- 9:04 AM
- News - AT&T Pushes Emergency Alert Update to iPhone Users
- 8:25 AM
- How-To - iOS: A Guide to Guided Access
- Sat, 11:27 AM
- TMO Interview - Dave Peck at WWDC: Making VPN Fun and Easy (for a Change)
The Mac Observer Reader Specials
-
-
-
-
-
-
-
-
-
Support TMO, Buy from Amazon, MacMall and The Apple Store
