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.]
