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 20th, 1999

[4:15 PM] Apple Stock Watch: Apple Closes At Record High Before Issuing Earnings Warning
by Bryan Chaffin

Apple closed at yet another new all-time high today as Wall Street reacted favorably to news that Apple had won its first round in the battle against iMac knockoff SOTEC. Apple closed at 79 1/16, a gain of 2 1/8 or another 2.76%. Volume was moderately heavy with 4,076,400.

Symantec and Adobe both closed higher as Adobe continues to reap the rewards of a record quarter and a 2-for-1 stock split announced last week. Macromedia closed lower.

On the PC front, only Intel had a down day while IBM, Microsoft, Dell, Gateway 2000, Hewlett-Packard, and Compaq all closed higher.

The Dow and the Nasdaq both closed slightly higher with the Dow closing at 10823.90 a gain of 20.27, and the Nasdaq closing at 2886.15, a gain of 16.53.

After the closing bell, Apple announced an Earnings Warning based on shortages of the G4 from Motorola.

For full quotes for all the companies mentioned in this article, we have assembled this set of quotes at Yahoo!

We also have these quotes reported live (20 minute delay) on our home page. For other stories regarding Apple's stock activity, visit our Apple Stock Watch Special Report.


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 .