You'll get your Mac news here from now on...

Help TMO Grow

Advertising Info

The Mac Observer Express Daily Newsletter

More Info

Site Navigation

Columns & Editorials

September 3th, 1999

[4:15 PM]
Apple Stock Watch: Apple Closes Over 73, A New All Time High!
Apple showed there is still plenty of oomph left in their current rise by closing at a new all time high! Stocks were propelled up from the onset of trading by a favorable labor report that eased fears of another interest rate hike. The result was lots of gains just about everywhere.

Apple closed at 73 1/2, a gain of 2 15/16 or 4.16%. Volume was very high with 14,600,600 shares trading hands. Apple traded as high as 75 1/4 today and fluctuated throughout the afternoon. Today's close blew by the previous high set on April 2nd, 1991 of 72 3/4.

Apple's PC customers also fared well with IBM, Compaq, Dell, Gateway 2000, Hewlett-Packard, Microsoft, and Intel all closing higher, many with substantial gains.

The Dow and the Nasdaq also posted steep gains with the Dow closing at 11078.45, a rise of 235.24. The Nasdaq posted its highest point gain ever (in terms of points, not percentage) and closed at 2843.11, an increase of 108.87.

The Mac Observer Spin: Apple still has some juice in it. New iMacs to be announced very soon should have another nice affect on Apple. Any jitters in the market could send the stock down as investors finally decide to lock in some profits.


Today's Mac Headlines

[Podcast]Podcast - Apple Weekly Report #135: Apple Lawsuits, Banned iPhone Ad, Green MacBook Ad

We also offer Today's News On One Page!

Yesterday's News


[Podcast]Podcast - Mac Geek Gab #178: Batch Permission Changes, Encrypting Follow-up, Re-Enabling AirPort, and GigE speeds

We also offer Yesterday's News On One Page!

Mac Products Guide
New Arrivals
New and updated products added to the Guide.

Hot Deals
Great prices on hot selling Mac products from your favorite Macintosh resellers.

Special Offers
Promotions and offers direct from Macintosh developers and magazines.

Browse the software section for over 17,000 Macintosh applications and software titles.

Over 4,000 peripherals and accessories such as cameras, printers, scanners, keyboards, mice and more.

© All information presented on this site is copyrighted by The Mac Observer except where otherwise noted. No portion of this site may be copied without express written consent. Other sites are invited to link to any aspect of this site provided that all content is presented in its original form and is not placed within another .