Shares of Apple Computer, Inc. (AAPL) today close up $6.18, 11.20% on very heavy trading volume of 45,824,733 shares to set a new 52-week (and 4-year) high of $61.35. Apple’s previous 52-week high of $56.91 was set on 11/19/2004.
Before the open today, news that Piper Jaffray had raised its price target on the stock to $100 and Fulcrum Global Partners raised its 52-week target price to $65 a share drove anticipation of AAPL movement. The price target changes were made based on evidence that the iPod music player is leading to more sales of Macintosh computers.
With 387,925,000 shares outstanding, Apple Computer, Inc.’s market value currently stands at $23,799,198,750.
AAPL is currently trading at $61.35 in after hours trading.
I knew I should have sold my house and bought Apple back when Gil Amelio was in charge.
Whoah! First post again? How could that happen? Where is everybody? I someone naked on television again? What’s going on? Oh man. Did something get bombed? Hello? Is anybody out there?
Short work week. I guess were all putting out the usual “fires” before the holidays!
Hope yours are happy!
Darned typo! That should be “we’re”.
Hey, did anyone see that new Nokia phone? I thought Apple had a patent on the scrollwheel? Now Nokia stole it for their phone. Just look here:
http://www.mobile-gadgets.net/mambo/index.php?option=content&task=view&id=15&Itemid=28
Can you say: copywrite infringement? Looks like Apple may be able to make some $ in a lawsuit for once. . .
please please let this be a sign that apple has made a deal with nokia for itunes on their phones…
A scroll wheel has been around in various forms for years… both mechanical and touch sensitive. I believe Apple has a patent pending on the “click” part of the wheel. Based on the photos, the Nokia doesn’t have this feature as there seems to be buttons at the four “corners” of the wheel. I should add that Apple may not have developed the click wheel. I seem to remember a story that said an outside company did the actual engineering… perhaps Apple had the idea, though. The wheel has nothing to do with iTunes.
The deal Apple made with Moto is widely misunderstood. You will not be able to purchase or download songs from the iTunes site directly to the cellphone. You’ll only be able to load a handful of songs from your iTunes library to the phone with special software developed by Apple. That’s it.
Glad I bought aapl at 11. Pays for the amount of money I spend at the Apple store.
Apple…it’s not an addiction…it’s a lifestyle…
Actually, the basic idea for the scroll wheel in the original iPod may well have come from Bang & Olufsen’s DECT phone from the mid/late Nineties.
It’s only the iPod mini/4G iPod control wheel that is claimed as “novel” by Apple.
I’m predicting that Apple Computer will completely go out of business as of January 1. Sell your stock now and switch to windows. You heard it here first!
What is the All Time High for Apple?
RE: scroll wheel…
I remember seeing a Steve Jobs keynote that mentioned how Apple had a patent on the scroll wheel itself. The clicking wheel came later. Apple CAN and SHOULD sue for they have a patent that is being infringed.
There is a reason we never see other manufacturer’s mp3 players with a scroll wheel that we know they want to implement. Apple will sue them.
I’ve been following the analysts recent pronouncments on Apple with interest. Time for a stock split anyone?
Just emailed the Apple Ipod development team and Steve Jobs about the Nokia ripoff of the scrollwheel.
Look out for some hot news soon!
up and up we go, where it stops nobody knows
on fire. Feels so good. Steve Jobs is God. I love my G5 imac and ipod photo. Only Steve. He came back and changed everything. Turned the company around. Recouped 1 billion in losses. It’s only going 2 get more and more and better and better. Here’s to the ipod flash. Steve Jobs. I love you.
sorry 64-bit tiger. Pc. Hahahahahahahahahahaha. hahahahahahahahahaha. hahahahahahahahahahaha. ah. Mac is the best. nice survey about 13% of ipod owners switched with rest in 12 months.