DealsOnTheWeb Daily Deal: OneCall's Weekend Sale - 20 Great Items at Great Prices All Weekend Long
iPod Hype Drives AAPL Up
by , 10:25 AM EDT, August 30th, 2007
Interest and speculation over what music-related announcements Apple has in store for its September 5 media event has caught the eye of investors. The Mac and iPod maker's stock has been climbing for the past few days, and topped US$137 Thursday morning.
Rumors and predictions over what Apple will spring run from new touch screen iPhone-like iPods to over-the-air music downloads, HD video at the iTunes Store, and an exclusive deal to offer The Beatles music library.
Even though Apple's stock is on the rise compared to the past few days, it is still several points below where it was a few weeks ago when investors saw closing numbers up over $148.
Despite the lull that has kept Apple in the $120 to $130 range, analysts are still optimistic about the company's long term prospects. American Technology Research analyst Shaw Wu set a target price at $185, and Piper Jaffray analyst Gene Munster set his target price at $205.
Apple is currently trading at $137.726, up 3.646 (2.72%).
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
Recent Headlines - Updated Friday, July 4th, 2008
- Fri., 7:30 AM
- Happy Fourth of July!
- Thu., 4:50 PM
- Apple Slashes $400 from SSD Drive in MacBook Air
- 4:05 PM
- It's Official - Firefox Sets Guinness Record for Downloads
- 3:30 PM
- Apple Files Patent for a Multi-touch Gesture Language
- 2:20 PM
- Editorial - Mac's Market Share and the Cascade Failure of Windows
- 1:35 PM
- iPodObserver - Apple Slurps Up Samsung's NAND Flash for iPhone 3G
- 1:05 PM
- WSJ: Tips for Switching from Windows to Mac
- 12:05 PM
- iPodObserver - Google Intros Google Talk for iPhone
- 11:35 AM
- iPO Just a Thought - iPod nano Versus iPhone: Decisons, Decisions...
- 10:55 AM
- YouTube Ordered to Turn Over All User Records to Viacom
- 10:10 AM
- Hot Forum Topic - Apple vs. Cell Carriers: Who's Winning the Game
- 9:25 AM
- iPodObserver - Rumor: Best Buy, Radio Shack to Sell iPhone 3G
- 8:45 AM
- .Mac Bookmark Sync Deadline Extended to July 6
- 8:10 AM
- Adobe Reader 9 Hits the Streets
The Mac Observer Reader Specials
- Download Typestyler, still the Ultimate Styling Tool for Internet, Print and Video Graphics. Works great in Classic with a Native OS X Version on the way. Free Tryout: www.typestyler.com
- Other World Computing has the Upgrades, Enhancements, and Accessories for getting the most from your Mac. Quality Products, Competitive Prices, Expert Support Staff - www.macsales.com
New MacPro Memory 800Mhz With Apple Spec Heat Sink 2GB $104 / 4GB $172 / 8GB $338. Click to Maximize your Macs...
Mac observers can now play Party Poker for Mac as well as Mac casino games by going to MacPokerOnline.com.
RamJet Memory: MacBook 1Gig $39, 2Gig $78, 4Gig $195! Mac Pro 2Gig $115, 4Gig $189! 500G Seagate SATA II $139! Click hereFor the latest Apple products use Ciao a comparison website to find laptops like MacBook Air. Then find the best prices on MP3 players and use our comparison tool to evaluate cell phones.
Laptop Hardware Provided by TechRestore - Overnight Mac & iPod Repairs.


