Apple Moves to S&P 100

· by · Apple Stock Watch

Apple Inc. is making the move to Standard & Pooris 100 index. The Mac and iPod maker will be added to the S&P 100 after trading closes on Thursday and will be replacing MedImmune which is being acquired by AstraZeneca, according to Forbes.

Apple stock took a hit after a faked report that the iPhone and Mac OS X 10.5 would be delayed. The stock recovered, however, after Apple confirmed that both products are still on schedule.

The companyis stock has continued to steadily climb and set a new all-time high almost daily. Apple is currently trading in the pre-market at US$120.35, up 1.58 (1.33%).

Jeff Gamet

Jeff Gamet

Jeff is the Mac Observer's Managing Editor, and co-host of the Apple Context Machine podcast. He is the author of "The Designer's Guide to Mac OS X" from Peachpit Press, and writes for several design-related publications. Jeff has presented at events such as Macworld Expo, the RSA Conference, and the Mac Computer Expo. In all his spare time, he also co-hosts the We Have Communicators podcast, and makes guest appearances on several other podcasts, too. Jeff dreams in HD.

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