Apple breaks $30 in early trading; hits new intraday 52-week high

Shares of Apple Computer (AAPL) are up $0.55, or 1.85%, and hit a new 52-week intraday high of $30.36 per share in morning NASDAQ trading. Apple’s 52-week high, set yesterday, stands at $29.81.

NASDAQ Apple quote (15-minute delay) here.

14 Comments

  1. Trust me, the anal-ysts will definitely see the share price – it’s about all they can see ” width=”19″ height=”19″ alt=”wink” style=”border:0;” />

  2. Perhaps all this positive energy Apple’s been pouring out since Steve took over again is finally going to start to see it’s fruition. With all those people needing new computers, will we see Apple start to gain marketshare? Will the iPod be a major factor in this? WIll Apple release a new consumer model to take advantage? If so, this stock could be red hot…

  3. Forgive the ignorance but what does intraday mean wrt the stock market?
    Thanx for enlightning this noob ” width=”19″ height=”19″ alt=”smile” style=”border:0;” />.

  4. Here’s a perfect illustration of why Apple’s competitors fear a resurgent iPod and iTMS fuelled Apple.

    Apple only needs two more years of strong music-fuelled growth, and – if Sony keep underperforming – people will start to talk about Apple buying Sony.

    MSFT share value has been practically flat for nearly three years – it’s a safe stock but nothing more.

    Dell is solely reliant on finding ways to undercut HPQ – a sea-change in the way the market thinks, one missed quarter of earnings growth and the whole thing comes unglued.

    SUNW is under attack from Linux and Windows Server 2003 running on commodity architectures, and has no consumer appeal. It’s just like SGI, but three years further away from death.

    HPQ has to fight DELL in the commercial space and a thousand Taiwanese no-names domestically, whilst keeping too many architectures alive. If it wasn’t for printers and consumables, where would they be.

    And GTW is coughing up blood.

  5. My recomendation is: SELL NOW
    (so that the price drops and I can buy more with less ” width=”19″ height=”19″ alt=”wink” style=”border:0;” /> )

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