AAPL Closes at $355, Another Record High

| Apple Stock Watch

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.

AAPL Chart

*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.

Comments

gopher

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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