The Mac Observer

Skip navigational links

DealsOnTheWeb Daily Deal: OneCall's Weekend Sale - 20 Great Items at Great Prices All Weekend Long

Apple Creeps Over $189

by , 8:20 AM EDT, October 25th, 2007

Apple's stock has been inching closer and closer to the US$190 mark, and in early morning trading on Thursday managed to climb up over $189. The Mac and iPod maker's stock shot up several points into the $180's following the company's fourth quarter earnings report on Monday, and has managed to keep its numbers up through the rest of the week.

Apple's market cap is currently set at $161.69 billion, above IBM at $155.87 billion and Intel at $151.90 billion. Dell, often called the most popular PC maker, has a market cap of $63.70 billion, and closed on Wednesday at $28.49.

Apple is currently trading in the pre-market at $189.10, up $3.17 (1.7%).


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 Name:vasic Posts: 238 Joined: 09 Aug 2005
Subject: Not for long, unfortunately...

Looks like this morning's news about subprime fiasco (estimated foreclosures to be twice as previously thought) are dragging everyone down fast, and it includes AAPL. No fault of Apple there, though and yes, AAPL touched $190 this week on occasion or two.

This subprime thing will eventually shake out. There is also a (slim) chance that Fed might make another rate-cut move. For the mid- and long-term health of our AAPL shares, we shouldn't be worried.

And, in the end, Let's not forget that we are now solidly above practically everyone that matters: Dell, HP, IBM, Oracle (as well as Amazon, Sony, Yahoo...). There are only three computer companies with market capitalisation greater than apple: Cisco, Google and Microsoft. Even Microsoft, with its market cap hovering around $292B, is about 100% away. Looking at the past six months it took AAPL to climb 100%, it is just the matter of time before Apple becomes the biggest computer company in the world.

Time to buy som AAPL stock (while it's down a bit)

Close Name:Bosco Posts: 999 Joined: 03 Jun 2002
Subject: Remember the days...

Remember the days when you could get an Apple Creep for just $70, or way back in 2001 when you could get a split adjusted Apple Creep for about $6.50? Damned podophiles are getting expensive.

Comment on this Article


You cannot edit your comments.   You cannot delete your comments.
Log in | Register | Having Problems? Reset TMO Cookies & Try Again
Username:   Password:   Log me on automatically each visit   

You are not logged in, and this post will appear as "Guest." Log in with your username and password from the TMO forums. If you do not have a username, you can register here.
Please note that guests are limited to including a maximum of two URLs per post.


Post A Comment
  Subject


  Your Comments



Please enter the word exactly as you see it in the image above. Registered users aren't prompted for this. Having trouble reading the image get a new one.


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
  • OWC: OWC Mercury On-The-Go FW400/800/USB2/eSATA Portables High Performance A/V Rated, **Bus Powered** **Up to 500GB in the Palm of your Hand** Macworld Editor's Choice, CNET 'Very Good' - from $75.99!
  • MacBook/MacBook Pro / MacMini / iMac Intel Core2 DUO DDR2 667Mhz 4GB Kit $84, 3GB Kit $60, 2GB Kit $40 1GB $20. 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 here
  • For 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.
  • Special Report: WWDC 2008
  • Special Report: iPhone
  • __________
  • Help TMO Grow
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!
  • New Media Expo 2008

Apple Stock Quote

  • AAPL: $170.12. Change Today: +1.94.
  • (Prices delayed up to 20 minutes.)
  • Discuss in our Apple Finance Board

Hot Topics

Apple iTunes

Top Deals From DealsOnTheWeb