The Mac Observer

Skip navigational links

You're viewing an article in TMO's historic archive vault. Here, we've preserved the comments and how the site looked along with the article. Use this link to view the article on our current site:
Apple Stock Hits New 52-Week High

Apple Stock Hits New 52-Week High

by , 12:45 PM EST, November 21st, 2006

Apple's stock reached as high as US$87.97 during Tuesday's trading, before settling at $87.84 as of 12:23 PM EST. $87.97 is a new 52-week high for the shares. At that time, it was up $1.37, or 1.58%, for the day, following a strong recent upward trend since it closed at $78.29 on Nov. 3.

MarketWatch's Rex Crum attributed Tuesday's surge to the report issued by American Technology Research analyst Shaw Wu on Monday. In it, Mr. Wu said that Apple has a second iTunes cell phone with messaging capabilities in development. In addition, he noted strong sales of the new red iPod nano, which could make his estimate of 14 million units sold this quarter a conservative one. Last year, Apple exceeded all analysts' expectations by selling over 14 million iPods during the final quarter.

Digg!

Recent TMO Headlines - Updated February 24th

Thu, 6:33 PM
7 Reasons For Apple to Discontinue the Mac Pro
Thu, 6:02 PM
Can WALTR 2 Really Be Your iTunes Replacement?
Thu, 4:54 PM
New Mac Ransomware Leaves Your Files Permanently Encrypted
Thu, 4:04 PM
Acoustic Imaging and iPhone 8: Can You Hear My Fingerprint?
Thu, 3:58 PM
Stop Facebook's Emotional Manipulation With This Tool
Thu, 1:55 PM
iPhone 8 3D Cameras, iMazing Tips - TMO Daily Observations 2017-02-23
Thu, 9:25 AM
macOS: How to See the Hierarchy of Your File Locations
Thu, 9:00 AM
BK SPORT Bluetooth 4.0 Headphones: $16.99
Wed, 6:39 PM
Frolic in the Apple Park, Rumors for iPad and Apple Watch - ACM 399
Wed, 6:27 PM
Get $8.62 Off Your Amazon Order (Today Only) Thanks to Harris Reputation Poll
Wed, 5:34 PM
What a Digital Avatar Patent Might Mean for Apple Customers
Wed, 5:07 PM
5 iMazing Tricks Make Syncing Your iOS Device Fun
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!