iPod Hype Drives AAPL Up
August 29th, 2007 at 3:00 PM - Apple Stock Watch by Jeff Gamet
Interest and speculation over what music-related announcements Apple has in store for its September 5 media event has caught the eye of investors. The Mac and iPod makeris stock has been climbing for the past few days, and topped US$137 Thursday morning.
Rumors and predictions over what Apple will spring run from new touch screen iPhone-like iPods to over-the-air music downloads, HD video at the iTunes Store, and an exclusive deal to offer The Beatles music library.
Even though Appleis stock is on the rise compared to the past few days, it is still several points below where it was a few weeks ago when investors saw closing numbers up over $148.
Despite the lull that has kept Apple in the $120 to $130 range, analysts are still optimistic about the companyis long term prospects. American Technology Research analyst Shaw Wu set a target price at $185, and Piper Jaffray analyst Gene Munster set his target price at $205.
Apple is currently trading at $137.726, up 3.646 (2.72%).
<!--#include virtual="/includes/newsite/series/stockwatch.shtml"-->
Recent Headlines - Updated November 22nd
- Fri, 7:07 PM
- Games - Soccer Sim Championship Manager 2010 Released for Mac
- 6:47 PM
- Games - EA Publishes Original Monopoly for iPhone
- 6:15 PM
- News - Original Apple I on Ebay for $50K, w/Letter from Steve Jobs
- 6:11 PM
- Games - New iPhone Games: Secret of the Lost Cavern Ep 1, New DJ Nights, More
- 5:47 PM
- Games - Star Trek D-A-C Game Headed to the Mac Next Month
- 4:57 PM
- Product News - TidBITS Releases “Take Control of Syncing Data in Snow Leopard”
- 4:26 PM
- John Martellaro's Blog - Particle Debris (week ending 11/20) Stationery Pads Go Poof
- 2:59 PM
- Free on iTunes - Musée du Louvre, Art Lite, SketchBook Mobile X and More.
- 1:50 PM
- Deal Brothers - Acer P215H bmid 21.5” Widescreen LCD Monitor: $139.99
- 11:24 AM
- TMO Appearances - Jeff Gamet Shares More Holiday Gift Ideas on MacJury
- 10:43 AM
- Product News - Cocktail 4.5 for Leopard Adds QuickLook Cache Clearing
- 10:06 AM
- News - Hack Enables Mac OS X 10.6.2 on Netbooks
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
OWC: Get the Right Memory for Your Mac Top Quality, Competitive Price, Lifetime Backed Free Expert Support + Installation Videos too! MacBook & mini 8GB, iMac 16GB, Mac Pro 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.


The Evolved Canon Digital Rebel XSi 12MP Camera: $583.03 Delivered - $16.00 Drop
Panasonic Lumix 10MP Digital Camera: $275.95 Delivered - Additional $6 Drop!