AAPL Climbs Back Up Over $165
AAPL Climbs Back Up Over $165
by , 11:10 AM EST, November 13th, 2007
Apple's stock dropped US$11.61 on Monday to close at $153.76, but by opening on Tuesday had begun recovering and was already at $160.98. By mid morning, the Mac and iPod maker's stock jumped up over the $165 mark.
The company's stock has been on a general upward climb for for weeks, but has been showing some volatility coinciding with Wall Street fluctuations.
Apple's market cap is currently sitting at $144.72 billion. In comparison, Intel's market cap is above Apple at $150.15 billion, IBM is $143.10 billion, and PC maker Dell is at $62.4 billion.
Apple is currently trading at $165.90, up 12.14 (7.90%).
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
Apple is in it for the long haul - they have great products, technology and people. iPod? iPhone? Mac? Who else makes anything like these things?
Apple may be riding some bumps in the short term, but in the long term the company has real value. Apple is worth more than Dell for a reason.
Short term buyers/sellers have been able to make quite a bit of money from these bumps and recoveries, however.
Comments are currently closed. Please email the author instead.
Recent Headlines - Updated November 10th
- Mon, 7:20 PM
- Rumor - Apple May Update iPod touch in December
- 6:45 PM
- Product News - MacUpdate Desktop Updated to 5.0.1 with New Features, Bug Fixes
- 5:16 PM
- Apple Releases Mac OS X 10.6.2 - Guest Account Bug Fixed, Much More
- 4:12 PM
- Games - New For iPhone: Star Rangers, Air Force Supremacy, Blood Beach, More
- 2:51 PM
- Apple Stock Watch - Radio Shack Jumps 14% on iPhone Deal, Apple Up 3%
- 2:25 PM
- Games - EA Scoops Up Social Games Publisher Playfish
- 1:51 PM
- Deal Brothers - Western Digital 1TB SATA Intellipower Hard Drive: $84.99
- 10:58 AM
- News - StarHub Signs Singapore iPhone Deal
- 10:36 AM
- Hot Forum Topic - Reader Speculation: What’s in Apple’s Tablet?
- 10:08 AM
- News - Apple Kicks Off New Credit Program
- 9:26 AM
- News - Apple Launches Reserve and Pick Up Program
- 8:49 AM
- News - ikee Worm Rickrolls Jailbroken iPhones
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
RamJet Memory: Mac Pro 8-core 8GB Kit $199.99, 4GB Kits $109.99! Sale on MacBook and MacBook Pro 8GB kits $549.99! New MacBook DDR3 2GB for $49.99. iMac and Mac mini 4GB Kits for $79.99! 1TB SATA Hard Drives for $109.99! Click here
OWC: Get the Right Memory / Ram for your Mac. Top Quality, Competitive Prices, Lifetime Warranty. Expert Support and Video Installation Guidies too! 4.0GB Matched Sets from $87.99, Options up to 32GB. 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.
