Apple Computer shares hit new all-time high

Apple Computer, Inc. today vaulted to a new record all-time following yesterday’s Macworld Expo announcements and after a slew of analysts today upped Apple’s target price. Apple shares jumped $3.04, or 3.76%, to close at $83.90.

Apple’s previous all-time high was $81.89 set yesterday.

Apple’s 52-week low is $31.65 set on January 12, 2005.

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Related articles:
American Technology Research boosts Apple target price to $101 – January 11, 2006
First Albany increases Apple Computer price target to $92 – January 11, 2006
Soleil analysts hike Apple price target to $95 – January 11, 2006
Banc of America raises Apple price target to $87 – January 11, 2006
CSFB ups Apple target price to $90 – January 11, 2006
UBS hikes Apple Computer share price target to $100 – January 11, 2006
Cramer’s Mad Money: Apple going to $100, two thumbs up, way up! – January 10, 2006

13 Comments

  1. Do we really need to have 8 MDN headline articles on the stock price? I am glad that the stock and the company is doing so well, but this isn’t the WSJ website or the CNNMoney. I want to know stuff about the computers and software!

  2. In a couple months when all the ‘expert analists’ start getting nervious about the growth curve…then Lord Steve will come back to the stage and release the next RDF… brilliant. brilliant.

  3. I’ve been on several “all-time highs” during my career, if you know what I mean . . . yeh-heh-hessssssss. Of course, this “high” with Apple is actually MAKING me money, though. Usually they end up costing you your reputation and your dignity.

    You know, kind of like appearing on Kimmel.

  4. Oh yea, Apple’s stock is doing well (I have some), but I kinda wished I’d gotten into Google. ~$472 today. That’s per share.

    I thought it was expensive when it was $250.

    %$@!!

  5. The funniest part of this is that only 4 weeks ago, Dell’s market cap was $14 billion higher than Apple’s. As of today, it’s now only $2.8 billion more. By the end of this month (if not sooner) Apple will be worth more than Dell is.

  6. Google is okay – but let me point out since mid ’04 when Goog was about $90, it has gone up 5x. Now look at AAPL. Over the same period from about $15 to $84 – thats 5.5x. So you are doing quite well. Its not the absolute share price that matters, its the percentage gain!

  7. Google makes a great search engine, comparison shopping site and news aggregator, plus some piddly Windows utilities.

    Compare that to what Apple has, what deals Apple has and the direction it’s leading the industry. Apple should be $475/share, not Google. And I have no doubt that the market will come to reflect this in the next two years.

    People then will be wishing they had gotten into Apple when the stock was “only” at $90/share.

    Google’s too high. Start throwing all your money in Apple because it’s too low.

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