Shares in AAPL closed at yet another record high Tuesday, ending the day at US$355.20, up $3.32 (+0.94%), with 13.5 million shares trading hands. Today’s gains came despite a warning on the PC sector as a whole, when Goldman Sachs lowered its forecast for growth in the sector to 6.4%, down from 8%.
Of course, the investment bank cited the iPad, as well as other tablets, as being a catalyst for pressure on PC sales, which could have helped Apple’s stock. Whatever the case, Dell ended the day lower at $13.87, down $0.120 (-0.86%), while HP ended the day unchanged at $48.14. Chip makers Intel ($21.635, down $0.055 (-0.25%)) and AMD ($8.24, off by $0.09 (-1.08%) were also lower.
In the meanwhile, Apple is now valued by the markets at $327.2 billion.
*In the interest of full disclosure, the author holds a small share in AAPL stock that was not an influence in the creation of this article.
1 Comments
Even bigger news. Apple hit the stratosphere. Yes, they are now more valuable than any company on this planet:
http://www.cnbc.com/id/41473211
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