Apple shares hit new all-time high [UPDATED]

Shares of Apple Computer rose $1.03, or 1.44%, today hit a new all-time high of $72.63 on heavy volume of 31,921,967 shares. In after-hours trading action Apple shares were unchanged.

Apple previous all-time high was $71.73 set yesterday. Apple’s 52-week low was $30.80 set on 12/21/2004.

[UPDATED: 6:35pm EST: Apple shares rebounded during after-hours trading.]

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24 Comments

  1. How crazy of a ride this is. For everyone who got in the early days this has been unbelieveable, but the insane thing is that I feel that this stock might just be *beginning* to take off. Imagine if the pendulum can swing (it it’s clearly started) far enough to get a BIG wave of new Apple users. It’s almost scary the amount of marketspace Apple has to grow into. All those new users are getting the lights turned on in a big way. I bet a lot of those new users are gonna wanna invest in Apple (the big new discovery!), which will drive the stock as well. Very easy to think this stock is a goldmine. It’s hard not to get caught up in it all.

  2. G Spank, “YOU are CORRECT, sir.”

    There is SO much upside and room for growth for Apple that the next 2 years could (should?) be HUGE!

    If you can afford to HOLD ON to your shares for the long haul, DO IT!!!

    You will be richly (pun-intended) rewarded.

  3. This is a strong indication that Apple is about to crumble. The end is neigh. There’s NO WAY Apple can make the Intel transition without Microsoft eating them for breakfast. The iPod is such a fad.

    So sell! sell! sell! so I can afford to buy you selfish jerks!

  4. “The Love of Money is the Root of ALL evil”– absolutely. Especially if that is all you love. Money, like all things, is a tool to use. Money is neutral in its moral value; it is but an inert object. But how money is used is not neutral. So, it’s our own character that ends up deciding whether money contributes to ill will.

    I can draw you a beautiful picture of yourself, then cut you with the paper’s edge. Is that because the paper has some intrinsic negative value, or is that because I choose to use it for harm?

    Enjoy your pejorative statements. Perhaps they are the root of something, as well?

  5. Apple stocks take a dive after Steve Jobs unveils fantastic new Mac lineup. Amidst snowballing doubts, can Apple survive?

    The new line-up looks incredible at first glance, and sales in the first day have been phenomenal. Reviewers have only praise for the new machines. But a black cloud looms over this apparent win.

    Analyst Richard Black, of consulting firm Richard Black and His Gerbil, raised doubts about whether the new aluminum finish will precisely match the old aluminum. This is a grave concern for users who will be keeping their older Mac next to the new one.

    “I think we’ll be seeing lot of people playing ‘wait and see’. I’m not optimistic about Apple at this point. Steve Jobs can only afford so many huge blunders. This may be the death blow.”

    Apple was unavailable for comment.

  6. Just had the news that makes my Saturday…Oooooh yesss

    Converted another one to join the almighty Mac.

    Number 6 this year

    A 12″ powerbook, he’s gonna love it, I’ll make sure.

    MW ‘Changes’ as in the world changes, it takes time, but for sure we’ll get there

  7. Echoing what Luc says. Switching people is now stupidly easy. I even try and stay even handed, calling up PC-laptop pages in Camino or Safari, but all they see is the Mac OS. After a few minutes on exposure, you point them to the Apple Store on Regent St, and next you hear from them they’re raving on about their new PowerBook.

    I remember saying when AAPL was $13/share that the stock had to go up, but I never thought it would be by this much. I was expecting it to go to about $35 pre-split.

    Shows how good I’d be as an investment analyst, doesn’t it?

    BTW I spent my spare cash on a second home rather than buying AAPL @ $13. Oh well, no regrets….

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