AAPL Plays Kissyface with $200

| Apple Stock Watch

Shares in Apple Inc. danced with $200 per share Tuesday, playing tag with that price throughout the trading day. In early afternoon trading, the stock was trading at $200.02, a gain of $1.79 (+0.90%) on light volume. The gains come amidst renewed rumors of an Apple TV subscription TV service from Apple, as well as a continued tech rally.

Apple's record closing high is $207 per share, set on November 17th, 2009. The $200 level is considered a resistant point, or "psych area," as Briefing.com put it on coverage today.

*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.  

Sign Up for the Newsletter

Join the TMO Express Daily Newsletter to get the latest Mac headlines in your e-mail every weekday.


Constable Odo

Not bad considering it was $200 back in December 2007.


Not bad considering it was $200 back in December 2007.

And, since then, the world economy has hit the skids. Let’s look at the numbers, based upon closing prices:

Since Dec 24, 2007:

Dow: DOWN 21.6%
MSFT: DOWN 15.7%


AAPL: UP 0.8%.

In 2009, year-to-date:

Dow:  UP 15.8%
MSFT: UP 51.6%


AAPL: UP 121%

Log-in to comment