Shares of Apple Computer (AAPL) are up $2.37 to hit a new all-time intraday high of $79.90 per share in moderate volume (10,855,108) NASDAQ trading today. The company on Monday announced the revamp of its line of PowerBook G4 portable computers. The company will now offer five versions of the PowerBook at prices between $1,499 and $2,699.
Apple’s 52-week closing high, set on January 31, 2005, stands at $77.89. Apple’s old all-time closing high stood at $69.562 and pegged $71.00 in intraday trading back on March 28, 2000.
NASDAQ Apple quote (15-minute delay) here.
Yeeeeeeeeeeeeeee HAAAAAAAAAAWWWWWWWWWWWW!
Keep on pushin’ to $100/share, baby ! This is a great ride so far !
Only $2.25 billion until we pass Sony.
Maybe I should stop working and do this full time: I am making more money selling and buying AAPL than my own salary. Crazy! Scary!
OPEN MESSAGE TO STEVE JOBS-
The market cap of Apple is now over $32 Billion (US), Apple has $6.5 Billion +/- in the bank and no debt. Now is the time to go shopping, it’s the most American thing to do, while interest rates are low.
May I offer a menu of possibilities:
Adobe- market cap 14.5-15 Billion. Own the creative suite and get a boatload of developers in the deal. Make sure that Adobe CS runs best on Mac forever.
OR
Macromedia- market cap 2.5-3 Billion. Maybe Apple can make Flash render faster on the Mac.
OR
Novell- market cap similar to Macromedia. Own a big chunk of Linux and get a bunch of enterprise stuff and developers in the mix.
OR
Electronic Arts- market cap (gulp) 20-21 Billion. The ultimate FU to Microsoft and Sony. Control the dominant Game Developer in the World. Gives a whole new meaning to “Plays for Sure” doesn’t it?
Do it. My vote is for EA. It’s the biggest meal, but the upside would be awesome and has the least potential regulatory problem.
How about buying Tivo? They are self-destructing as we speak.
how about buying Dell, just to shut them down?
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I’d recommend buying a chunk of adobe if possible to ensure that killer apps like photoshop don’t disappear along with the other apps they killed on the mac. I think buying it outright would be a mistake as Apple would end up killing the Windoze versions like they did for some of the other products they bought.
Meanwhile Microsoft despite using several schemes to boost their stock price find that their stock price has yet to recover from the .bust.
http://finance.yahoo.com/q/bc?s=MSFT&t=5y