“Apple Computer Inc. shares rose to a four-year high as demand for the iPod digital music player surges before the year-end shopping season, erasing the slump triggered in September 2000 by a disappointing profit forecast,” Connie Gugielmo reports for Bloomberg News.
“Shares of Apple rose $1.05 to $53.50 in Nasdaq stock market composite trading, the highest since Sept. 28, 2000, the day before the stock lost half its value amid lower-than-expected sales of Macintosh computers,” Gugielmo reports. “The company may sell 2.68 million iPods in the December period, almost four times the year-earlier total, Merrill Lynch analyst Steven Milunovich said yesterday. Demand for the music players, which let users download, store and play thousands of songs, made Apple the second-best performing stock in the Standard & Poor’s 500 Index this year.”
Full article here.
Outta curiosity: Then what is the first-best performing stock in the S&P 500?
what is it.. google? citigroup?? citigroup is always making money like crazy…
Apple will sell at least 3.5 million iPods this quarter (including ‘hPods’).
You heard it here first.
Check out the link below to help Apple sell more iPods and at the same time get yourself a free iPod.
http://www.freeiPods.com/?r=11374522
I wish the moderator for this article would get to work on this one:
http://www.macdailynews.com/comments.php?id=P3773_0_1_0
The political garbage being thrown around is enough to make me stop reading these forums.
The one time I respond I get deleted — that’s ok; in fact, I think from now on the “political commentators” should be blocked from posting to these forums!