Apple Computer shares hit all-time high, top $54 in early trading

Apple Computer Inc. (AAPL) shares hit a new all-time high of $54.56, up $1.36, in early NASDAQ trading today on heavy share volume of 11,172,671.

Apple’s previous high was $53.81 set during regular session trading on 09/20/2005.

Related articles:
Bear Stearns: ‘We see Apple making further PC share gains,’ raises price target to $58 – September 23, 2005
CSFB: Apple Computer is top pick in PC hardware sector – September 22, 2005
Banc of America reiterates ‘buy’ rating on Apple, raises target price and EPS estimates – September 22, 2005
Deutsche Bank predicts Apple will sell 43 million iPods in 2006 – September 21, 2005
Apple shares up strongly, hit new all-time high on report of better than expected Mac sales – September 20, 2005
Morgan Stanley sets price target of $60 for Apple, AC Research reiterates ‘accumulate’ rating – September 09, 2005
Apple Computer shares hit all-time high, top $50 in early trading; analysts up target prices – September 08, 2005
Apple continues to grow worldwide Macintosh market share – July 25, 2005
Gartner: Apple grows shipments 31 percent in Q2 2005, moves from 5th to 4th in U.S. market share – July 18, 2005
IDC: Apple gains U.S. market share at double overall market rate, up to 4.5 percent for Q2 2005 – July 18, 2005

8 Comments

  1. It would be great from MDN to offer additional coverage of AAPL performance. Perhaps plotting stock price against product announcements or other siginificant updates on iTunes market share, etc. that would help AAPL investors and Mac users see a correlation between event and performance.

    MDN word: true

  2. I come here for investment info.

    I want to see if I’ve invested my technological faith in the right place. And my technological bugdet (HW).

    hmm…maybe folks would rather stock tanked? sheesh!

    Thank you MDN.

  3. I guess those complaints about easy scratching screens on the nano didn’t resonate on Wall Street.

    Anyone here having cosmetic problems with new nanos? I don’t own one, but all iPods easily scratch. I wonder of those complaining are new to iPod ownership.

  4. From a MarketWatch article today, “Analyst Richard Gardner reiterated his hold rating on Apple’s stock, but lifted his price target to $55 from $40”.

    So last week Gardner had a hold rating on Apple, but expected its share price to “hit” 40 bucks (last week it was above 50). Now why is it that my logic tells me that if I expected the stock to FALL, then I’d dump that stuff ASAP, and not HOLD it?

    Or is that why the word analyst is derived from ANAL, when you’re talking about financial BS’ers?

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