Apple up $1.87 in early NASDAQ trading

11 Comments

1. Whatever. It’s only money

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2. Ok you are gonna hear it here first. Apple is set itself up for the big Kahuna. There are millions of wintel uses about to throw their machines out the window because of frustration. Not only that but there is a natural cycle of turnover for computers and technology and consumers are looking for their next computer now. The iPod may have started this but, the iMac and the G5 are gonna finish it. My prediction is Apple stock will still double, split and double again in a year.

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3. Sounds good to me.

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4. Well there you go, Needham & Co.

   Maybe when the stock reaches 98 you can raise your target to 100?

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5. Only $8.85 billion until Apple overtakes Sony!

   And if you think that’s a bit of a reach, it was just over $19 billion as recently as the 5th September.

   As it stands, Apple will overtake Sony’s valuation when the share price reaches $85.93 and I would argue that we’re only two decent quarters from that sort of valuation.

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6. Apple needs to “cash in” on it’s long overdue stock value. There are any number of companies that would be a good fit. Adobe Systems has a market cap of 14.5 Billion, easily within reach for Apple.

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7. Man, how cool would that be if Apple bought Adobe? Hell, throw Macromedia in there too and kill all Windows apps!

   P.S. What’s with this “enter the word” BS?

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8. Yikes, time to buy puts, or buy AAPL along with covered calls. This stock hasn’t enough time to build a base of support for this level. Look out below. (I love Apple, but that doesn’t change the fact that the stock is getting ahead of itself)

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9. TooMuchTooFast-
   i get that feeling too. things are a little too good right now.

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10. Is that a typo?

    Apple didn’t close at $64 on 11/22.

    I think it hit $64 as a high that day but it didn’t close at $64.

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11. TtLtV and ndelc:

    Personally, I have a few choices for paper-based Apple acquisitions which I repeat with monotonous regularity, but once again�

    Macromedia (around $2 billion) – Flash, Director, Cold Fusion and far more besides: protects Apple’s solutions portfolio.

    EMI Group plc (around $3.5 billion) – the cheapest major record company, although it does come with the Beatles’ physical rights, plus Virgin Records, Chrysalis, Parlophone, Charisma, Harvest, Food plus EMI Music Publishing. Would fit in so nicely with iTunes Music Store.

    Avid (around $1.9 billion): Buy one high-end vertical solution, get one (Digidesign) for free. Gives Apple’s creative software division ownership of the pro video and audio marketplace, whilst the current portfolio dominate the business/serious prosumer market.

    Finally, the most expensive acquisition: Harman Industries (the parent of Harman/Kardon, JBL, AKG, Becker, Studer, Lexicon, Soundcraft and a few other bits and bobs) – $8.2 billion at today’s prices, but generating around $2.7 billion in sales/$160 million year in profit, and with $350 million in the bank. This would give Apple well-respected products in home, car and pro-audio hardware, including some great home theatre stuff to go with bigger displays.

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