Shares of Apple Computer, Inc. (AAPL) hit a new all-time high today, closing at $88.60, up $2.13 or 2.46%%, on volume of 22,274,133 shares. In after hours trading, Apple tacked on another $0.41 to hit $89.01.
Apple previous all-time high was $86.47, set yesterday. Apple’s 52-week low was $50.16, set on July 14, 2006.
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The Pig is happy!
nothing but pure excellence!
Times 9000 Shares, It sure Feels better now than in July!
I *tried* to tell my dad not to buy Dell 5 years ago…
I really tried. D;
Pitty.
MW: ‘one’ (chrissy… one)
{/sean.connery}
I considered AAPL at $7 (split-adjusted). Why oh why didn’t I go for it??
As for Dell: better to be making a healthy profit on 3% market share than to be making next to nothing on 30%.
I *know*! You can only be a shit seller for so long before people finally get sick and tired of your shit.
Apple can do something no Windows vendor can: It can make a whole product.
The Dell’s of the consumer world are now at the mercy of Microsoft, unless they can build an OS out of some free Linux or BSD distro. Is anybody even working on a consumer-oriented alternative? Or does MS still frown on that?
Anyway, I bought the right stock.
And I think this is just the beginning.
-c
MW: ‘stand’ (tall, closer to heaven)
Hey “Rog”,
A little friendly advice for you: never divulge what’s in your wallet. It can only breed animosity. Much brighter to just have a laugh to yourself and thank your lucky stars. I have a neighbor who brings up money related topics all the time and she can’t seem to resist doing a little bragging every now and then. In her case, I think it’s just insecurity – but I shake my head every time she goes into one of her fits. The best kind of warrior is one that has weapons that no one had any idea about…
Kid you are are so right, that the way ive been all my life, however the last 2-3 years have been tought. ” Every adversity, every failure and heartache carries with it the seed of an equivalent or greater Benefit”
Time for DELL to close up shop and give all its money back to the investors.
Good time to get out. Ipod’s are great, but the ride is almost over and the market is almost saturated. Macs will never do much more that 6% now that China is part of the game. Prices will drop more on PC hardware and people will stick with what they know (Windows). Sell after Macworld but before Q1. I will sell my 6500 shares and I encourage you to do the same. Get back in when the stock goes back to the low 60’s. I may even sell short at 72 and still make a killing.
TNT
I disagree. I think that everything we have seen from Apple since Steve Jobs’ return has been nothing but foundation laying for what they’re delivering now and intend to deliver in the future. Apple sells something no other electronics manufacturs sells, which is a kick ass user experience from beginning to end. Once you get accustomed to it, it really ruins you for all other manufacturers’ products. They always seem to fall just short of expectation. I think they have a very bright future. I think they will be the next Sony and Microsoft at the same time.
Yes… China.
China is mass-producing shit PCs.
China is also building Macs.
I don’t see why even cheaper shit PCs from China will be any better for this market.
As far as the saturated market goes…
Well, that’s exactly like saying that everyone already had a nice pair of jeans in 1990, so nowhere to grow there.
-c
MW: ‘french’ (fries: too tasty to boycott)
TNT:
Are you a fortune teller or something? How you know the market is saturated? 60+ millon iPods for, say, 2 billion people.. well, 1 billion are enough? well.. 500 million people… Ok… 70% of a market of what size? Some 86 million mp3 players sold are saturation?
Man, analysts expect next year sales of 1 billion cell phones (just next year) Can Apple sell some 15 million iPods? What is the level of saturation?
MW Further, as in try it.
Apple market Value is 74 Billion now and Dell’s is 56 Billion
http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=AAPL
http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=dell
So I guess apple is almost 50 % more prosperous than Dell.
Michael Dell did say Apple should close down!!!.
I guess some one is watching us all from above.
So Watch it Steve!! dont get vocal with your success or attitude!!
TNT,
You blew your wad. Go to sleep now.
Deepak:
His Steveness already talked.
He speak before a pic of Mr. Dell and told something like: “I am going before you”.
The difference is that SJ stands on his words.
Some time ago, I read: “Who knows how, but when a person promises something, the entire World aligns for him to acheive that promise” but the word have to be told with resolution.
MW Material, as in words are.
Sorry Rick I did not mean that
I cautioned Apple not to get too proud because you never know. So Playing huble with success would be wise.
My Apologies for the confusion
Deepak:
I agree with you. Being too arrogant can lead to some kind of “sleep on his laurels” or something.
That is why I preffer Apple climbing, not feeling they already are at the top.
“I considered AAPL at $7 (split-adjusted). Why oh why didn’t I go for it??”
I DID go for it. Can you say 1000% profit? I knew you could!:-)
In ‘extended trading’ they actually went up another 40 cents!
That means when the markets open here in Europe in a couple of hours (it’s 07:36 here, in Berlin), they’ll start at $89.01!
Which means they’ve gone up $2.54 since Nasdaq opened yesterday!
That’s without any product announcements or positive quarterly results.
That’s fantastic!
I think the guy who says the shares will hit $60 is right… after the 2 for 1 split.
What’s more important than the share price is the fact that the Mac is really going places now; the iPod is going to stay in number one spot for years ahead; iTV will bring media to the TV which will drive more sales of Mac and iPod, and the iPhone is going to arrive to sweep the board for design and useability in phones (including wi-fi phonecalls)..
…oh,
and..
there..
is..
of..
course..
just..
one..
more..
thing..
up..
Apples..
sleeve…!
Which all means the rising share price is a given.
I’m glad to see that all the “experts” think we’re about at the end of the run. Too bad they’re all full of SH**, and wouldn’t know a buying opportunity if they saw one. I’m so fed up with those who try to manipulate the AAPL share price without looking at the basics…. Try profits, P/E ratios and real business fundamentals instead of your “perception” that a market might be saturated (which has barely been touched), and estimates that Macs will never do better than 6%. What the hell have you folks been smoking? Have you been sleeping through the quarterly reports for the last 3 years?
BUY AAPL…. or, take your money, get out, and do us all a favor and stay out. Stock investments are for the long term…..
Come on, you guys, you know “StockBoy” when you read him, whether he calls himself “TNT” or “SELL SELL SELL” or “Peterson” or “Knowitall” or whatever.
He’s an empty-headed cretin who hasn’t been correct about one thing involving Apple in the past several years. Notice in his rant about “saturation” of the market that not once did he mention the coming ViPod, the iPhone, iTV, Leopard, and the like, and their impact on AAPL bottom line.
Remember, this is the guy that was going to short AAPL at $50 and make us all look like fools. Remember him? I most certainly do, and I’m laughing all the way to the bank.
(By the way, if you believe this idiot has 6500 shares of AAPL, I have some swamp land I’d like to unload on you.)