Apple Computer shares hit new all-time high

Shares of Apple Computer, Inc. rose $1.56, or %2.40%, today to hit a new all-time high of $66.52 on volume of 19.266,430 in NASDAQ trading today.

In after-hours action, Apple shares are up $0.25, or 0.38%, to $66.77.

Apple’s previous all-time high was $65.88 set on 11/17/2005. Apple’s 52 Week Low was $28.95 set on 11/22/2004.

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Related articles:
S&P analyst reiterates ‘hold’ on Apple, raises price target from $56 to $66 on TiVo news – November 21, 2005
Bear Stearns reiterates Apple ‘outperform’ rating, raises target to $70; AAPL hits new all-time high – November 16, 2005
Morgan Stanley ups Apple share price target from $60 to $70, expects ‘impressive’ future results – November 10, 2005
UBS: Apple to unveil Intel-based Mac mini in January; AAPL share price target raised to $74 – November 07, 2005

30 Comments

  1. Here’s to earnings that are not short LIVED. Though being at an(other) all-time high is great for Apple, it’s the support the stock has – a dominant market position, multiple vendors in all verticals in long term contracts, multiple sales channels, and a proven executive team – that reduce the riskiness associate with owning a technology stock blazing new trails in an unproven market segment.

  2. At the current rate of progress, Apple’s market cap will exceed that of Oracle at some point in the next six to eight weeks.

    After that, Apple will probably be worth more than Dell sometime during April 2006, and Hewlett-Packard will probably be overtaken sometime around August/September – I do hope that we all resist the urge to e-mail Dell to suggest that they close down the company and return the funds to the shareholders because that would be childish.

  3. I’m crying cause I bought at $14, pre-split, sold at $20. Then I bought at $22, pre-split, and sold at $28. I haven’t bought since, and I’m gnashing my teeth. Oh well. C’est la vie. I’m happy someone else made some money. Of course, I made some money too, but I could have made a whole lot more!

  4. MCFFR said: “…I do hope that we all resist the urge to e-mail Dell to suggest that they close down the company and return the funds to the shareholders because that would be childish.

    I for one intend to do just that. Goo, goo, ga ga.

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  5. MDN: Headline should read: Apple Computer shares hit new all-time high… again

    Eric24601 – No, “consequence” does not necessarily denote something negative; simply means the effect/result of a condition/action.

    KenC – There’s still time to make money with AAPL. It’ll keep on growing for at least the next two years.

    Veronica – Right you are!

  6. “: MCCFR

    Nov 22, 05 – 05:56 pm

    At the current rate of progress, Apple’s market cap will exceed that of Oracle at some point in the next six to eight weeks.

    After that, Apple will probably be worth more than Dell sometime during April 2006, and Hewlett-Packard will probably be overtaken sometime around August/September”

    From winmacguy
    I did a weee bit of speculation just recently and worked out that based on Apple’s rising share value and doing a 2 for 1 share split each year- from their current valuation of approx $50 Billion US at $60+ per share, the first share split in January would put them at approx $120 Billion US and another share split in January of 2007 with another $60+ per share would put them slightly behind or on a par with Microsoft who are a $285 Billion US corporation.
    Please note that my speculation is in not based on any accurate formulars or based on any inside company knowledge.

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