Apple shares close up $5.23 set new 52-week high at $44.98

Shares of Apple Computer (AAPL) closed up $5.23, or 13.16%, at $44.98 in NASDAQ trading today on extremely heavy 49,432,106 share volume to set a new 52-week high. AAPL’s previous 52-week high was $40.93 which was set on 10/07/2004. Apple’s market value now stands at $17,448,866,500 with 387,925,000 shares outstanding.

NASDAQ AAPL quote here.

11 Comments

  1. Pardon me while I kick myself for opting to buy a PowerBook instead of Apple stock a year and a half ago when it was around $14 a share!!! I could have bought three PowerBooks now! D’oh!

  2. For whatever unsubstantiated advice this is…

    I think we are just starting to see the rise of Apple. Unless Microsoft pulls a huge security and stability mega-fix for XP out of their ASSorted programming teams, Apple will reap the benefits.

    To everything, turn, turn…
    There is a season, turn, turn, turn.

    In the Apple hemisphere, it is Spring.
    In the MS hemisphere, it is the Fall.. a big Fall!

    Turn. Turn. Turn.

    Go ahead and buy the stock now, because when it doubles next year and splits in the Spring of 2006, you’ll be saying, “Damn, I should have bought it a year ago!!”

  3. Another cool thing I’ve noticed: The idea of the iPod “halo effect” has escaped from the confines of Mac user forums and has hit the mainstream. I have seen the words and idea parroted by the majority of the financial analysts in this latest round of reports. Usually this type of buzzword frenzy is always an anti-Apple myth, like “security through obscurity”, “not licensing the Mac OS to Microsoft was the greatest business blunder ever”, and, of course, “beleagured Apple.” So I’m glad to see it finally cuts both ways.

  4. Now I know I’m not the only one who’s worried. Apple’s not beleaguered anymore, for sure. But the stock is up basically on iPod and iTunes news, not stellar Mac sales (bread and butter). Check this:

    http://www.mac360.com/index.php/mac360/more/apples_stock_price_are_you_worried_about_a_fall/

    Other Mac observers are worried that the stock is set for a fall. A BIG fall. Market share on iPod/iTMS is so high it can ONLY go down. Down is not good a stock, right?

  5. Don’f forget Capital Gains Tax you capitalist pigs! Sell your Apple stock for a profit and I get a bunch of it to waste on pork-barrel programs. In my liberal compassion I will lighten your burden by taking away most of your profit. Tell me where you are and I will dispatch my personal Gulfstream to pick up your money.

    The VERY “PC”
    John Kerry

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