Apple Computer shares hit all-time high, top $50 in early trading; analysts up target prices

Apple Computer Inc. (AAPL) shares hit an all-time high of $50.12 in early NASDAQ trading today following the unveiling its latest portable music player, the ultra-thin iPod nano, and the Motorola ROKR iTunes mobile phone.

Analysts at UBS upped their AAPL price target to $59 from $54, Credit Suisse First Boston raised its target to $56 from $45, and First Albany upped its target price to $53 from $48.

Advertisement: Apple iPod nano. 1,000 songs. Impossibly small. From $199. Free shipping.

Related articles:
Mossberg: Apple iPod nano ‘beautiful, incredibly thin, and exceeds Apple’s performance specs’ – September 08, 2005
Apple’s iPod nano will make competitors whimper, Motorola’s ROKR inexplicably bland – September 07, 2005
Tech pundit Enderle: ‘iPod Nano is a hit,’ Motorola ROKR ‘simply doesn’t have enough Apple in it’ – September 07, 2005
Jupiter analyst Gartenberg: ‘the market is going to go for Apple iPod nano in a big way’ – September 07, 2005
Analyst: iPod nano ‘could be Apple’s next home run’ – September 07, 2005
Video of Steve Jobs introducing iPod nano, ROKR iTunes phone now available online – September 07, 2005
Apple’s Steve Jobs predicts ultra-thin iPod nano ‘will become the highest volume iPod in the world’ – September 07, 2005
Apple introduces iPod nano – September 07, 2005
Apple’s iPod nano will make competitors whimper, Motorola’s ROKR inexplicably bland – September 07, 2005
Apple announces Motorola ROKR iTunes phone, Cingular partnership, iTunes 5 – September 07, 2005
Apple, Motorola & Cingular debut world’s first iTunes mobile phone – September 07, 2005
Motorola ROKR Apple iTunes mobile phone availability dates for Europe, North America, and Asia – September 07, 2005
Apple Computer shares hit all-time closing high of $48.80 ahead of tomorrow’s media event – September 06, 2005

7 Comments

Add Your Feedback

This site uses Akismet to reduce spam. Learn how your comment data is processed.