With Apple’s earnings due on January 25, a special media event on the 27th, and on the heels of a $9.11 jump (4.42%) and new all-time closing high of $215.04 for AAPL today, CNBC’s “Mad Money” host Jim Cramer says that Scott Brown’s Massachusetts Senate win tonight will mean a “gigantic rally” is in store for stocks tomorrow. Scott Brown (R) won 51.9% of the vote versus 47.1% for Martha Coakley (D).
“I think investors who are nervous about the dictatorship of the Pelosi proletariat will feel at ease, and we could have a gigantic rally off a Coakley loss and a Brown win,” said Cramer on Friday’s show, anticipating Brown’s win. “It will be a signal that a more pro-business, less pro-labor government could be in front of us… Pelosi politburo emasculation! Everything from the banks, which are usually in the Democrats’ penalty box, or the oils which are despised by this administration for being carbon, could be propelled dramatically higher all of this Tuesday night.”
Apple’s previous closing high was $214.01, set on January 5, 2010. Apple’s all-time high (intraday) stands at $215.59, set during trading on January 5, 2010. Apple’s 52-week low was $78.20, set on January 20, 2009.
CNBC’s video:
At market close, Apple’s market value stands at $193.68 billion.
For reference, some selected current market values:
• Microsoft (MSFT) – $276.14B
• Apple (AAPL) – $193.68B
• Google (GOOG) – $186.43B
• IBM (IBM) – $176.21B
• Cisco (CSCO) – $142.95B
• Hewlett-Packard (HPQ) – $124.71B
• Intel (INTC) – $116.24B
• Disney (DIS) – $57.83B
• Amazon (AMZN) – $55.25B
• Nokia (NOK) – $49.09B
• Research In Motion (RIMM) – $36.37B
• Sony (SNE) – $34.14B
• Dell (DELL) – $28.98B
• Yahoo! (YHOO) – $23.47B
• Adobe (ADBE) – $19.34B
• Motorola (MOT) – $17.66B
• Palm (PALM) – $2.25B
• RealNetworks (RNWK) – $624.28M
AAPL quote via NASDAQ here.
[Thanks to MacDailyNews Readers too numerous to mention individually for the heads up.]
Look for Cramer in diapers. It’s new.
The people of Mass have effectively thrown the Kennedy legacy over the rails of the ole’ Brig Beaver II. And the Dems are wasting no time throwing Coakley under the bus.
And in other Apple news…
Hey, doesn’t Mass have a similiar health care system to the one that Obama is pushing for? What happened? I thought that was a lock for a Democrat?
What is this saying? I also thought that Mass had a wealthly population and the current adminastration was following the lines of that state as Ted envisioned it. Wow, I need to read news more often.
Well, at least they should be getting the iPhone with Verizon before the next election. Their is still Hope for the Verizon folks over there!
We desperately need a health care reform bill, but not this one. Massachusetts residents would have been forced into a less progressive plan.
And CNBC is just Faux News with a ticker scroll bar.
Oh, jeez, here…. we…. go.
Strong words from the Democrat Cramer.
Congrats to Scott Brown.
I hope he doesn’t blow this chance to stay true to what he was elected for, because he will NOT get a second chance from the good people of Massachusetts if he screws up.
Enjoyed watching this on MSNBC, BTW.
MDN is feeling the effects of the economy. So they’re throwing out some flame war bait which will drive up the hit count. Understandable on that level, but this one is a reach and a half.
The market rallies after this election because big health care corporations realize they will now be allowed to continue bending the general public over and sticking it to them.
Republicans, Democrats who needs either party…
Is that from personal experience, Macro?
Because my experience through my kids over the last 5 years has been good….and lucky.
Politics sucks. Now can we get back to the Tablet rumors.
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“Oh, jeez, here…. we…. go.”
Nice Heath Ledger impression
I’m a moron. What do I know.
LOL did I turn on msnbc or am I truly reading MDN?
I know this is not computer related, but!
If you are to bring down the cost of medical care you must reduce cost.
1 Lower the hourly wage of RN and related staff.
2 Lower the amount of money a doctor can charge.
3 Make suing the medical sector difficult and have a set cost for a related problem. A very low amount! So suing only gets you a set amount and the lawyers payday is pennies on the dollar!
4 Each person must have DNA and biometrics so it is national. That way any medical done will be to the person insured and not double or triple dipping on a policy. Help insure correct medical profile and reduces confusion on drug issuance and cost projection per user.
5 Choose a standardized system for identifying the users of policy that can be assessed anywhere in the US. So a reduction in confusion and shorter processing times.
This would be an excellent start. But, will people take less? Also means lawyers protesting with medical personnel protesting. Not to mention all the other persons wanting to sue to millions with the lawyers complaining and protesting.
Do not see a workable solution.
So the major hurdle is the lawyers- since they rule the courts, the political parties, unions, and every other sector. Cut their money and it is like holding a knife to one throat. Wonder why cost will not be reasonable?
Almost as difficult to get the mass of PC users to consider using another OS.
It will be a totally normal day tomorrow. And Cramer will still be an unhinged circus barker on mescaline.
Why is anybody still listening to Cramer? Especially MDN, after he admitted to manipulating Apple stock?
MDN, your ethical standards are a complete joke.
@ ChrissyOne
I love how the teabaggers are celebrating this thing as if they just took back the White House and both chambers of Congress. Like they’re suddenly going to be able to ram their teabagger agenda through government with their newfound 41 senators. LOL!
Funny, but last time I checked the Democrats still had crushing majorities in the House and the Senate, and Barack Obama (D) was still president. I must have missed something?
Also, here’s some math for you teabaggers:
Number of Democratic senators when Barack Obama took office: 58
Number of Democratic senators one year later: 59
Net change: +1 Dems
Keep celebrating your failure, teabaggers. It’s hilarious to watch.
@RealRob
We tea-baggers celebrate this because it is a clear referendum over Obama’s agenda. In the bluest of blue states, a candidate won on a platform to deny the health-care reform written as such by radical lefties.
You tea-baggees can be in denial about that, but that does not change the fact that you socialist tea-baggees are way outside the mainstream hard working Americans who prefer personal responsibilities and freedom over tyranny. Obama won by pulling a bait-and-switch. You tea-baggees may still have 58 Dems, but many are retiring rather than facing voters’ wrath later this year. MA is only a start.
Being tea-bagged sucks, get over it.
Actually, I think Oregon and Washington are quite a bit bluer than Massachusetts, which has had a Republican governor fairly recently. Also, according to the news reports 51% of the registered voters in Mass. are independents, so how does that make it such a “blue” state?
Apple’s 52-week low was $78.20, set on January 20, 2009. – Isn’t that about the day Obama took office?
1 year later – new all-time closing high of $215.04 for AAPL today.
It sure likes like investors have been scared to death by the Obama administration. In 1 year AAPL only grew by less than 300%.
Frankly I think Mass. is glad Kennedy is dead. I actually started feeling sorry for them a few election cycles back when it dawned on me that there was no way they were going to vote him out of office. Let’s face it, would you want to be known as the only state to ever have voted a Kennedy out of office? Of course not! So now is there chance! Go Mass.! Good job electing Brown!
@ control cost
how about you go through 9 years of medical training and then we can discuss doctors wages.
Well, the party of “No,” hyperbole, innuendo, and lies won a seat. Big surprise.
Flush ObamaCare down the stinking toilet. Reid, you are next.