Apple Computer stock up in early trading

It looks like a brokerage house upgrade has boosted Apple Computer (APPL) stock in early trading.

Apple Computer Inc. rose 46 cents (2.22%) to $21.15 in early trading today after Lehman Brothers raised its rating to “overweight” from “equal-weight.”

AAPL stock quote here.

13 Comments

  1. The announcement on Friday that Apple now has 7% of the U.S. laptop market surely didn’t hurt any either. ” width=”19″ height=”19″ alt=”smile” style=”border:0;” />

  2. http://www.thinksecret.com/news/appleq2idc.html

    NOTE: Apple has 7% of the U.S. laptop market. That’s U.S. (not worldwide) laptop (not desktop) market.

    This is very good news, as laptops are the fastest growing segment of the PC market and these numbers are from a few months ago, so they don’t account for sales of the new powerbooks, which will hopefully allow Apple to continue grabbing more marketshare. Hopefully, the introduction of the G5s will result in a big boost to Apple’s desktop market, too.

  3. http://www.thinksecret.com/news/appleq2idc.html

    NOTE: Apple has 7% of the U.S. laptop market. That’s U.S. (not worldwide) laptop (not desktop) market.

    This is very good news, as laptops are the fastest growing segment of the PC market and these numbers are from a few months ago, so they don’t account for sales of the new powerbooks, which will hopefully allow Apple to continue grabbing more marketshare. Hopefully, the introduction of the G5s will result in a big boost to Apple’s desktop market, too.

  4. So let me make this clear to everyone – the very minute IDC or whoever claims that Apple has garnered over 10% of the market share for laptops, that would mean that Apple immediately has new figures that must be accepted by the press. I don’t care which number is highest, be it the G5’s or the new laptops, that percentage should become the new number that is associated with Apple. So as it stands right now, Apple has 7% market share of the PC market.

    Oh, if only Apple played that stupid game just like everyone else. We all know for certain that Apple has a real market share in the upper single digits, but it sure is nice to see they are making some indisputable headway into laptop segment.

  5. so apple has 7% laptop and 3% desktop so apple has 10% of the PC market! right?

    No – it’s like spokes on a wheel. 3% desktop is, like, third gear man. So you multiply. Apple has 21% of the market!

  6. Sebastian and Fester learned there mathh gud.

    AAPL is up 86% since April, outperforming the every index including the nasdaq. Mac makes the best deal in laptops today, if you can use one where you work, and that is floating their stock boat.

    I own some AAPL bought in September 2001 that is now nicely above water, and I expect it to make 36-43 before this rally is done.

    However, for all the AAPL I own, I would never bother with an Apple, because none of the charting stuff I own works on Macs, and none of the charting software that does, is worn a darn. I am a speculator, not an investor, and AAPL is like all stocks that are high on hype and thin on production capability……..what goes up comes down, FAST.
    AAPL has nice cash reserves. They are going to need them.

  7. you are both wrong. more desktops were sold than laptops – so overall in Q2 Apple had about a 4.5% market share. still better than 2 or 3 though! also, these IDC reports are not preliminary, they are official. apple will release the same figures in 15 days. these are the final figures

  8. mark G. You’re like my mother, always the doom and gloom merchant. If you’re right about the $43/share though, and you posted it here, can you be arrested for insider trading?

  9. dave, if I were an insider, I would not be posting that here. I read charts (which program, btw, does not have a mac version) and that is what they tell me. AAPL is a great stock, and will outperform most of the market. That has nothing to do with its intrinsic value. When reality sets in, as it does periodically, investors/speculators notice that apple has little going for it and that it has done a poor job of increasing its share of the pie. A great product that no one wants…………why is that?

Reader Feedback

This site uses Akismet to reduce spam. Learn how your comment data is processed.