Apple shares crack $80 with gusto

Shares of Apple Computer, Inc. (AAPL) are up in morning NASDAQ trading, cracking the $80 mark.

Share rose $1.55, or 1.94%, to $81.50 on heavy trading volume of 10,246,211 shares.

Apple’s 52-week high stands at $86.40, set on 01/12/2006.

Related articles:
Soleil reiterates ‘Buy’ rating on Apple, raises target price – October 19, 2006
JMP Securities reiterates ‘Strong Buy’ rating on Apple, raises target price – October 19, 2006
Banc of America reiterates ‘Buy’ rating on Apple, raises price target – October 19, 2006
Analysts now clearly see Apple Mac resurgence – October 19, 2006
Analyst: Apple formula working to lead Mac resurgence, Apple’s growth rate should accelerate in ‘07 – October 19, 2006
BW: Record-breaking quarterly Mac sales put Apple into the running for a top computer-maker spot – October 19, 2006
Jim Cramer: Apple’s quarter showed how poorly the also-rans are faring – October 19, 2006
Apple profit rises 27%, Mac up 30%, iPod up 35%; stock jumps – October 19, 2006
IDC: Apple Mac attained 5.8% of U.S. market share in Q3 06 – October 18, 2006
Gartner: Apple Mac grabbed 6.1% of U.S. market share in Q3 06 – October 18, 2006
Apple Financial Results Conference Call Q4-2006 Live Notes – October 18, 2006
Apple shares rocket 6.5% in after-hours trading on stellar earnings report – October 18, 2006
Apple Q4 earnings results: $546M net profit on $4.84B revenue, sold 1.61M Macs, 8.729M iPods – October 18, 2006

20 Comments

  1. And the silence from the MDN financial wizards (“SELL SELL SELL,” “Stock Boy,” “Peterson,” et al.) is deafening.

    As that great philosopher of the silver screen Bugs Bunny might intone . . . “What maroons!”

  2. Dave, Apple splits it’s stock usually around 85-90. In the beginning of this year Apple was over-inflated at 85, after the flurry of a great Christmas. Now Apple is solid at 81, and will creep up to 90 in anticipation of another great Christmas. Yeah, I’d say a stock split is in the near future. I wouldn’t be surprised to see it roll post split to 60 after this Christmas. My 2 cents.

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