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Apple Stock Rides the iPhone Wave

Apple Stock Rides the iPhone Wave

by , 8:35 AM EDT, July 5th, 2007

Since Apple released the iPhone on June 29, both customers and investors have been pleased with the device's performance, and that is showing in the company's stock. Apple's stock began a steady climb after the launch, closed Tuesday at US$127.17, and managed to top $128 in pre-market trading on Thursday.

iPhone demand doesn't seem to be diminishing after nearly a week of availability. While supplies seemed to hold up fairly well during the first few days -- initially only AT&T stores were selling out -- many Apple retail locations are now sold out.

Apple's combination iPod and smartphone has also been receiving positive reviews from the likes of Walt Mossberg from the Wall Street Journal, David Pogue from the New York Times, and iPodObserver.com's reviews editor Bob "Dr. Mac" Levitus.

Apple is currently trading in the pre-market at $128.42, up 1.25 (0.98%).

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.

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Close Name:Guest
Thu Jul 05, 2007 10:09 am Subject: Try 131

It peaked over 131 already this morning. 180 shares is sure nice to be holding now!

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Close Name:Guest
Thu Jul 05, 2007 7:36 pm Subject: 132.75

It's even better when you have 195!

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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 Rides the iPhone Wave Apple Stock Rides the iPhone Wave by , 8:35 AM EDT, July 5th, 2007 Since Apple released the iPhone on June 29, both customers and investors have been pleased with the device's performance, and that is showing in the company's stock. Apple's stock began a steady climb after the launch, closed Tuesday at US$127.17, and managed to top $128 in pre-market trading on Thursday. iPhone demand doesn't seem to be diminishing after nearly a week of availability. While supplies seemed to hold up fairly well during the first few days -- initially only AT&T stores were selling out -- many Apple retail locations are now sold out. Apple's combination iPod and smartphone has also been receiving positive reviews from the likes of Walt Mossberg from the Wall Street Journal, David Pogue from the New York Times, and iPodObserver.com's reviews editor Bob "Dr. Mac" Levitus. Apple is currently trading in the pre-market at $128.42, up 1.25 (0.98%). 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. Observer Comments Show: Subjects Only \| Full Comments Close View Name:Guest Thu Jul 05, 2007 10:09 am Subject: Try 131 It peaked over 131 already this morning. 180 shares is sure nice to be holding now! Reply \| Quote Close View Name:Guest Thu Jul 05, 2007 7:36 pm Subject: 132.75 It's even better when you have 195! Reply \| Quote Comment on this Article Guest Posts Visible. Hide Them. Back to top Page 1 of 1 You cannot edit your comments. You cannot delete your comments. Comments are currently closed. Please email the author instead. Database Error: Unable to connect to your database. Your database appears to be turned off or the database connection settings in your config file are not correct. Please contact your hosting provider if the problem persists. The Mac Observer Reader Specials TypeStyler For Mac OS X is Now Shipping! Download The Free Fully Functional 60 Day Tryout at www.typestyler.com OWC: Plug & Play Hardware RAID up to 8.0TB. High Performance, Data Redundant Solutions. FireWire 800, FireWire 400, USB2, or eSATA. Hot Swappable Bays, Data Rates over 200MB/s. Click here If you're using a Mac, then you've gotta check out Full Tilt Poker for Mac. This Full Tilt Poker bonus code does the unthinkable, it actually rewards! For the latest Apple products use Ciao, a price comparison website, to find laptops like MacBook Air. Then find the best prices on MP3 players and use our comparison tool to evaluate mobile phones like the Apple iPhone. Laptop Hardware Provided by TechRestore - Overnight Mac & iPod Repairs.	__________ Buy Stuff, Support TMO! Podcast: Mac Geek Gab Podcast: Apple Weekly Report TMO on Twitter! <script language="JavaScript" src="http://bullseye.backbeatmedia.com/bullseye/adserver/253/318/viewJScript?pool=3160&type=3158&pos=19&zone=5000&redirect=aj&dontcount=1"></script> <noscript><a href="http://adserver1.backbeatmedia.com/servlet/ajrotator/253/318/clickCGI?pos=19&zone=5000"><img src="http://bullseye.backbeatmedia.com/bullseye/adserver/253/318/viewCGI?pool=3160&type=3158&pos=19&zone=5000&redirect=aj&dontcount=1" border="0"></a></noscript> <script language="JavaScript" src="http://bullseye.backbeatmedia.com/bullseye/adserver/253/733/viewJScript?pool=16773&type=13884&pos=3&zone=5000&redirect=aj&dontcount=1"></script> <noscript><a href="http://adserver1.backbeatmedia.com/servlet/ajrotator/253/733/clickCGI?pos=3&zone=5000"><img src="http://bullseye.backbeatmedia.com/bullseye/adserver/253/733/viewCGI?pool=16773&type=13884&pos=3&zone=5000&redirect=aj&dontcount=1" border="0"></a></noscript>
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