Apple shares climb to new all-time high on reports of strong Mac and iPod sales, possible video iPod

Shares for Apple Computer hit a new all-time high of $55.35 in early morning NASDAQ trading today. Shares currently stand at $55.23, up $0.79, or 1.45%, on volume of 5,140,585.

Yesterday, UBS Investment Research Analyst Ben Reitzes noted that Apple’s Mac momentum continues to build. Reitzes also said that Apple could sell 10 million iPods in holiday quarter and noted that an Apple handheld device capable of video playback could be in the works.

Related articles:
UBS: Mac momentum continues building, Apple could sell 10 million iPods in holiday quarter – October 03, 2005
Citigroup raises Apple Computer share price target, expects 10 million iPod nanos sold in 2005 – September 26, 2005
UBS raises target price on Apple Computer, says iPod nano could be ‘key product’ into 2006 – September 26, 2005
Apple Computer shares hit all-time high, top $54 in early trading – September 26, 2005
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

9 Comments

  1. Get a load of this. An article at Forbes said that Goldman Sachs said today, ‘After one more quarter of more than 20% Macintosh computer unit growth in the fiscal first quarter, due in part to easy comparisons, “Apple’s Mac growth should slow and begin to mirror overall PC industry growth.”‘

    Growth was “due to easy comparisons” ???? I’m continuously amazed at the rampant stupidity in the financial world. I could believe “due to easy choice after comparisons” or something like that but to have growth just because it was somehow easier to compare Mac & Windows lately, I just don’t get. And to top that off, this guy thinks the growth will slow soon I guess because for some unknown reason it will no longer be easy to compare the two systems…. or something like that.

    Ya don’t suppose the growth was due to award-winning hardware and rave reviews about Apple’s software? Someone give this guy a clue.

    (shaking head….rolling eyes)

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