AAPL Tops $191
AAPL Tops $191
by , 8:00 AM EST, November 7th, 2007
Apple's stock closed at a new high on Tuesday when it shot up over US$191 to hit $191.79. AAPL climbed a full $5.61 during the day from its Monday $186.18 closing price.
The Cupertino-based company has been on Wall Street's good side for some time now. Interest in Apple products is high, the iPod and MacBook line ups are selling well, and the popular iPhone is due to launch in the U.K. and Germany on Friday.
The company's market cap is on the rise, too, at $167.30 billion. In comparison, Intel's market cap is $160.73 billion, IBM is at $155.94 billion, and Dell's market cap is $64.63 billion.
Apple is currently trading in the pre-market at $189.82, down 1.97 (1.03%).
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
Wed Nov 07, 2007 10:27 am Subject: FSB Analytical Reccomends: GET OUT NOW!
While I admit that Apple stock (I own none and never will) has had phenomenal performance, it is not based on reality! Reality is that Microsoft products are the norm for the vast majority of people, Apple stuff should be avoided. This stock is prime for a fall which is really gonna hurt those who own it! As soon as we release SUTU (Vista Super Ultimate Turbo Ultra) and the zLife Suite Apple will be toast, Jobs will go into a deep depression and become a vagrant and the stock will tumble to where it should be, about $5.86!
I warned you!
http://fakesteveballmer.blogspot.com
Wed Nov 07, 2007 10:47 am Subject: Getting in now
QuoteSteve Ballmer wrote:
While I admit that Apple stock (I own none and never will) has had phenomenal performance, it is not based on reality! Reality is that Microsoft products are the norm for the vast majority of people
In all seriousness FSB I am seriously thinking of buying some MicroSoft stock. The stock is low and sooner or later MicroSoft is going to get their act together. Either that or they will sell the business to someone who can act.
I bought Apple stock years ago when it was low and it has split several times.
FSB- You don't have to be an Apple fan to recognize quality, easy to use products that have a cool factor unmatched by Microsoft, throw in the fact that they work as advertised and have all contenders beat in reliability and customers service (PC World) and you have a winner. So either you have never had the opportunity to play with and Apple product...or you pride yourself on maintaining a closed mind...either of which is sad. My prediction is Apple stock will double in value over the next 3-5 years...and Vista will continue to self-destruct.
ps I work on both platforms daily and there is no comparison.
QuoteIn all seriousness FSB I am seriously thinking of buying some MicroSoft stock
You may want to think again:
http://www.blackfriarsinc.com/blog/2007/11/incredible-shrinking-microsoft
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