Shares of Apple Computer (AAPL) closed up $1.61, or 4.87%, at $34.66 in NASDAQ trading today on heavy 17,072,349 share volume to set a new 52-week high. AAPL’s previous 52-week high was $34.19 set on June 28th.
The $34.66 mark is an almost four-year high and comes ahead of the launch of Hewlett-Packard Co.’s version of the iPod digital music player and Apple’s new iMac G5 computer which is expected to be released soon.
NASDAQ AAPL quote here.
Asahi Linux has merged initial support for Apple Silicon hardware into the Linux system-on-chip (SoC) tree, where it will hopefully make it…
A purported leaked image of forthcoming 12.9-inch iPad Pro and iPad mini dummy chassis have been posted online by leaker Sonny Dickson…
Democrat Amy Klobuchar and Mike Lee, a Republican say Apple is refusing to participate in an upcoming Senate App Store hearing …
Apple’s iPhone 12 sales in the U.S. appear to have gotten a boost in March from consumers spending tax refunds and economic stimulus checks…
After debuting in the US last year, Apple’s take on “classic MTV,” Apple Music TV, has now landed in the United Kingdom and Canada…
first post…I’m buying short.
Should be a very nice September for Apple, so let’s hope their stock touches $40.
The sky’s the limit for Apple.
good luck with that short and talk to all those guys who shorted 25…
come on.. it just went from overpriced to way overpriced…
aren’t we all expecting the next quarters results to be a letdown due to chip shortages..
go short. buy back at 25 (will it ever hit 25.. hrm)
hey wall street……it’s called selling short.
Uh, don’t forget the new iMac G5 announcement comming sooooon! Just in time for X-Mas buying!!
This IBM delay your hearing is actuallly a retooling for more chip production. (Even the Nvidia 6800 Ultra (IBM) is delayed)
And then IBM is going to roll out the first Dual core 970MP chip for PowerMac’s and Apple will roll out “Tiger” fully 64 bit OS.
They are still working on a G5 Powerbook I beleive.
Let me push my broom down the halls here at Apple some more and see what I can come up with.
It won’t matter. Apple’s stock always goes up, then comes down in a big hurry. It did just so (about this same time) a few years ago and fell into the low teens. Look for massive chip shortages, slow delivery of iMacs until later this year, no 3 ghz PowerMacs until next year, no G5 PowerBooks until end of 2005.
There’s no teeth in this tiger.
http://www.mac360.com/index.php/mac360/more/whats_up_with_apples_stock_price_answer_everything_good/
Wonder what’s driving it … “Oh, I almost forgot — one more thing….”
What’s driving it. Probably sheer stupidity.
Like most Mac users!
The chip shortage is going away over the next 2-3 months (though not the next 1 month), it’s already been announced. That is the ONLY fly in the ointment. So many other things are going well for Apple. If the new iMac is a hit and the M$ music store doesn’t shake Apple’s dominance (two big IFs, though I’ve got my fingers crossed), Apple stock is easily headed for $40, maybe beyond.
Let the trolls sit on their hands, while the rest of us clean up. There’s a reason trolls have to buy crappy $399 computers…
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