Shares of Apple Computer (AAPL) closed up $0.82, or 2.98%, at $28.32 in NASDAQ trading today on 6,723,335 share volume to set a new 52-week high. AAPL’s previous 52-week high was $28.14 set on Wednesday, March 10, 2004.
NASDAQ AAPL quote here.
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Go, Apple!!!
(Newly converted from Linux/Windows XP to Mac OS X 10.3 and damn glad I finally woke up!)
its true i also woke up one year ago. its much better than windows 95
and yet motley fool had an article written by a Dell supporter that said Apple stock was too hot…
And more importantly, it’s up over 120% from its 52-week low. Whereas, our friends in Redmond are only 10% up from their 52-week low.
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Things like this could be contributing to the surge in APPL:
http://apnews.excite.com/article/20040405/D81OQ63O0.html
Jack A:
Could well be true, also there are rumours stating that one of the reasons why new models are being delayed is that first shipments of things like G5 xServe and new Power Macs are reserved for Federal government, the former for a nuclear testing simulation cluster larger than VaTech and the former for a Virginia-based security agency, which could mean any of them.
One of the reasons cited for this potential ultimate ‘switcher’ win: security and viruses
Sorry, meant ‘latter’ for the VA based security agency thing.
I love Apple as much if not more than most, but the stock is too hot. 120% from it’s 52 week low is sizzling and that means someone is going to get burned. All it takes is one piece of bad news for Wall Street to dump on ya.