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 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.

Digg!

Recent Headlines - Updated March 3rd

Tue,5:08 PM
White Hat Security Hacker Bundle: $49
2:34 PM
$415M Settlement in Apple, Google Anti-poaching Case get Preliminary OK
1:23 PM
TMO Daily Observations 2015-03-03: Google’s MVNO Plans, Apple Pay Scammers
11:45 AM
iOS 8: How to Set Up Your New iPad or iPhone - Those Questions!
9:52 AM
Google Ready to Launch it Own Cell Service Network
9:04 AM
Pebble Adds Steel to its New Time Smartwatch Lineup
Mon,10:49 PM
Apple’s World Gallery Highlights iPhone 6 Photographs
10:30 PM
Samsung Innovation: Samsung Pay and an iPhone 6 Lookalike
7:33 PM
Dragon Dictate for Mac 4: $99.99
7:16 PM
TMO Quick Tip: Use Tab to Quick Search Apple.com
3:10 PM
OS X Yosemite 10.10.3 Beta goes Public with Photos App
1:25 PM
TMO Daily Observations 2015-03-02: Samsung’s New iPhone Copy, More Apple Car Evidence
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!