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Apple Daily Stock Updates
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DawnTreader
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Apple closed today (5/2) at $23.69, down $.29. Today’s trading was mixed with blue chips continuing to hold ground while the tech sector continues to lack direction.
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DawnTreader
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AAPL closed today (5/3) at $23.51, down $.18 in sympathy with the overall market.
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DawnTreader
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On Monday (5/6) Apple’s annual World Wide Developers Conference opened to a keynote by Apple CEO Steve Jobs. In his address to attendees, Mr. Jobs announced the end of development of OS 9 and provided developers with a preview on the next major upgrade to OS X to be released this summer. The OS X upgrade, code-named “Jaguar”, will include greater compatibility with Windows-based networks, handwriting recognition, and iChat, Apple’s own instant messaging product that will be compatible with AOL’s instant messaging service. Apple will also release a rackmount server, a product that has been desired from Apple by scientists and researchers. Apple ended Monday trading under $23 per share, dropping $.86 to close at $22.65.
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DawnTreader
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Apple closed today (5/7) at $22.47, down $.18. The tech market continues in a slump and despite the exciting news at WWDC, AAPL is caught in the continuing tech market slide.
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TMO Observer
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Despite Apple’s fall yesterday, Dell fell further, putting Apple ahead of Dell in Stock dollar value for the first time I believe since the 80s! I think we are finally going to see Apple’s stock value increase again, now that Dell’s stock value is no longer a perceived barrier.
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It’s important to remember that “price per share” does not equal “value of a company.” In the case of Dell and Apple, though both companies are trading at near the same levels per share, there are many millions (if not billions) of additional Dell shares on the market than there are Apple shares. This is due to the many stock splits Dell has had during the last 15 or so years.
The end result is that Apple has a value of US$8.643 billion (as of 1:00 PM today), while Dell has a value of US$65.487 billion. That’s makes Dell worth almost 8 times Apple…
I know that’s not good news, but I hope it helps make the value issue clearer! If you have any further questions or comments on this, feel free to start up another thread on this issue.
Also, consider registering! :D
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Editor - The Mac Observer
Favorite (but less relevant than it used to be) Quote: Microsoft’s tyranny lies not in its success, but in the way it achieved and maintains that success.
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DawnTreader
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On Wednesday 5/08 Apple released iPhoto 1.1.1. The updated photo organization software now includes enhanced controls and integration with OS X’s e-mail application. The free upgrade is available from the Apple Web site.
Apple’s iChat, the instant messaging component of the forthcoming Mac OS X upgrade code-named “Jaguar”, is the first non-AOL native product that will be officially compatible with AOL’s instant messaging service. The Mac OS X, 10.2 upgrade package will also include greater compatibility with Windows-based networks. This release may represent the coming of age of OS X as designers and other creative pros begin to embrace the benefits of Apple’s new Unix-based OS. Apple reports more than 3,000 Mac OS X native applications are now available for consumers and businesses. AAPL ended Wednesday up more than eight percent at $24.37.
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DawnTreader
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AAPL closed today 5/9 at $24.19, down $.18 in a general market pullback after yesterday’s big gains.
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DawnTreader
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AAPL closed today 5/10 at 23.32, down $.87. Despite Wednesday’s big gains, most major indexes closed lower for the week.
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DawnTreader
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The market moved significantly higher in early Monday trading (5/13) as investors anticipate that the tech sector has put the worst news behind it. Traders are hopeful the reports from technology firms that announce earnings this week, including reports from HP and Dell Computer, will provide the market with real evidence of renewed growth in the battered sector. AAPL closed Monday at $23.92, up $.62. AAPL moved higher in sympathy with the broader market.
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DawnTreader
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5/14 - AAPL shot up almost 7 percent today ($1.67) to close at $25.61. Volume was a robust 9.395 million shares. Apple’s rise was due in part to a continuing market rally and Apple’s announcement of a new rack mount server that will be available starting in June.
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DawnTreader
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Please see the Apple Stock Watch Report for Wednesday, May 15th for information on today’s closing price and other tech sector news.
Robert
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DawnTreader
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AAPL closed at $25.21 today (5/16), down $.07 on a day that saw a small rise in the major market indexes but growing investor confidence in the continuing economic recovery.
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DawnTreader
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AAPL colsed down today 5/17 $.20 to close at $25.01. Apple’s 52-week high of $26.17 was set on April 17 in intra-day trading, just hours before the company released its 2nd fiscal quarter results.
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DawnTreader
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Please see the new Apple Daily Stock Updates thread for continuing updates on Apple’s trading activity and information on each day’s closing price.
