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Sun, Aug 01, 2010 - 01:16 AM EDT  —  AAPL: 257.25 (-0.86, -0.33%)  |  NASDAQ: 2254.70 (+3.01, +0.13%)

Apple shares hit new all-time closing high - again
Tuesday, May 22, 2007 - 04:15 PM EDT

Apple StoreApple's remarkable month continues. Shares of Apple Inc. [AAPL] today gained $1.56, or 1.39%, to set a new all-time closing high of $113.54 per share on volume of 20,295,462.

Shares of Apple Inc. entered the month of May at $99.80 (4/30/07 closing price).

Apple's previous 52-Week and All-Time High was $112.45 set during trading yesterday. AAPL's all-time intraday high was set today at $113.75. AAPL closed at what was then a new all-time high of $111.98 yesterday.

Apple's 52 Week Low stands at $50.16, set on July 14, 2006.

Apple's market value currently stands at $97,857,287,500.

AAPL quote via NASDAQ here.

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May 22, 07 - 04:17 pm Comment from: MacBill

Will it ever drop? I want to buy!

May 22, 07 - 04:17 pm Comment from: No Squirt For You

And "just" 2.79 billion to go to hit the 100 billion market cap, shortcake.

May 22, 07 - 04:18 pm Comment from: justified

Aren't they going out of business or something?

Not a bad close for a niche player, eh Ballmer? (30.69 (-0.36))

May 22, 07 - 04:23 pm Comment from: Toby Belch

MDN,

the headline is getting a bit boring. Couldn't you, at least, qualify it a bit. What about:
Apple shares hit new all-time closing high - yet again!

May 22, 07 - 04:25 pm Comment from: Fred Mertz

Trust me, as an Apple shareholder, this headline never gets boring for me!

May 22, 07 - 04:31 pm Comment from: Moo

I agree with Fred. I love seeing this headline ... every...single...day.

May 22, 07 - 04:34 pm Comment from: Jeff

Shit month personaly, but AAPL is keeping my morale afloat

May 22, 07 - 04:35 pm Comment from: DogGone

The shares will drop sometime just because there will be some cashing out either by brokers or individuals. I would have thought it would have happened at 110, but I guess the iPhone hype is adding more weight.

It will drop but probably only to 100 at the most.

I only hope Apple will have 0.5-1M iPhones available for sale in the month after launch.

May 22, 07 - 04:35 pm Comment from: Mac n' Cheese

Meanwhile, Laura Goldman of LSG Capital urges her clients to now buy AAPL...

May 22, 07 - 04:46 pm Comment from: ../.

It's up $3.52 since Laura Goldman called sell on AAPL (Friday closing: $110.02). Nice call, Ms. Goldman!

May 22, 07 - 04:53 pm Comment from: Twisted Mac Freak

When it hits 200, Ballmer's head will explode like a cheap carnival show. Step right up.

May 22, 07 - 05:02 pm Comment from: SydneyStephen

It's all down to Michael Dell. He's been buying up Apple shares bigtime so that he will get all the money when Steve Jobs closes Apple and gives the money back to the shareholders...

May 22, 07 - 05:03 pm Comment from: Slow and steady wins the race...

I'm VERY long on APPL and have been for while, but.... let's not let the exuberance get the best of this company or it's corresponding stock.

May 22, 07 - 05:04 pm Comment from: JadisOne

My earliest position in AAPL is up 372.69%. I love this company.

Onward to $150!!!

May 22, 07 - 05:04 pm Comment from: ChrissyOne

Another great day. Damn... a few more like this and we're talking about some real money! =)

Thanks again, Apple.

-c

MW: 'needs'

May 22, 07 - 05:06 pm Comment from: ChrissyOne

Just remember everyone, stocks never go up in a straight line, so keep those trailing stops loose so you don't suffer from the Engadget Effect. =) Personally, I run mine around 15%.

-c

May 22, 07 - 05:13 pm Comment from: ChrissyOne

@ JadisOne

I crossed 1000% yesterday on my first buy. =)

-c

MW: 'makes' (me want to take a cruise)

May 22, 07 - 05:15 pm Comment from: Walls

If you wait for it to drop you may lose a lot of cash. Canno buy it at 113 consider buying the options instead. ie buy OCt 90 at $27. You could still lose in at drop but at least it is limited.

Or buy the shares at $113 and sell the jan 120 oprtions for $9.30 a share. This is a bit of down insurance and if it gets called you make $16 a share profit in 7 months,

May 22, 07 - 05:22 pm Comment from: Connor MacBook

I crossed 1000% yesterday on my first buy.

It's up 1622% since I considered buying, then decided I didn't want to borrow the money.

MW: "Note" to self: shoot me!

May 22, 07 - 05:34 pm Comment from: rwinters

And how about RiM, they went up 4.6% today and closed at 159.00. Imagine if you had bought apple even a month a go and Rim when it was at 119.

May 22, 07 - 05:36 pm Comment from: pr

It's AMAZING how the stock of another company has been keeping pace with Apple...

It's sales in the Redmond Washington outlet alone are leading the nation....

Bizchair.com

May 22, 07 - 05:38 pm Comment from: JadisOne

@ ChrissyOne

Nice!

Now may I borrow some money from you to buy iPhones for my whole family (extended and immediate). grin

May 22, 07 - 05:40 pm Comment from: JadisOne

@ ChrissyOne

I forgot to mention that I love the new term you coined - Engadget Effect. Funny.

I wonder if anyone over at Engadget has been served up with a lawsuit yet?

May 22, 07 - 05:43 pm Comment from: ChrissyOne

RE: sued -

Ah, it's not worth it. I wish I'd had some money to buy on the dip they created... Ah well, it made someone's day.

May 22, 07 - 05:45 pm Comment from: rwinters

I have it, Apple should by RiM!

May 22, 07 - 05:50 pm Comment from: JadisOne

@ ChrissyOne

I saw the dip when it happened, but I couldn't find out enough information fast enough to find out why. My gut told me to buy, but my head said not yet. I should've listened to my gut.

No worries though. It's bound to happen again.

May 22, 07 - 05:58 pm Comment from: Martin

Nothing prooves that Goldman is wrong, u could see the stock go down after the iPhone's release, and go up again a month later.

but she is wrong if she believes her advice is good on the longer term.

AAPL will keep going up at least for a year or 2, there is no reason to believe that the growth of the mac market share is going to stop, and the iPhone, even if it disappoints (i doubt it) will only contribute to the growing revenue.

bye the way, the increase of the AAPL stock is proportional to the increase in revenue, this is not speculation.

May 22, 07 - 06:13 pm Comment from: I'm Rich!

I'm up 1367% on my first buy.

May 22, 07 - 06:15 pm Comment from: SirROM

@pr

- cleans monitor - STOP MAKING ME LAUGH !!

May 22, 07 - 06:15 pm Comment from: Jim - TIV

Cleetus is gonna be hacked off at the headline MDN... lol. Keep it up!

May 22, 07 - 07:38 pm Comment from: .RO

Oh no, another no-dinner day for Ballmer's uncle.

May 22, 07 - 07:56 pm Comment from: Drunk Cheney

I bought 2 splits ago. It was my first stock purchase ever - I'm not going to retire - yet, but I've done better by far with Apple stock than I've ever done with lotto. wink

May 23, 07 - 12:02 am Comment from: ChrissyOne

@ JadisOne

You gotta watch the Google Finance message boards, stuff goes up pretty quick there. When I saw that it was Engadget I pretty much called bullsh|t right off the bat, but I didn't have the money in place to buy.
Anyway, all this crying 'Wolf' is just making the stock stronger. Traders are going to get tired of panic on every little piece of trash they read, so in the long run I think it will be a good thing.

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