Apple shares hit another new all-time high

Shares of Apple Computer, Inc. (AAPL) hit a new all-time high today, closing at $88.60, up $2.13 or 2.46%%, on volume of 22,274,133 shares. In after hours trading, Apple tacked on another $0.41 to hit $89.01.

Apple previous all-time high was $86.47, set yesterday. Apple’s 52-week low was $50.16, set on July 14, 2006.

Related articles:
Expert: ‘Apple will be a triple-digit stock in a matter of months’ – November 21, 2006
Apple shares hit new all-time high – November 20, 2006

24 Comments

  1. Deepak:

    His Steveness already talked.
    He speak before a pic of Mr. Dell and told something like: “I am going before you”.

    The difference is that SJ stands on his words.

    Some time ago, I read: “Who knows how, but when a person promises something, the entire World aligns for him to acheive that promise” but the word have to be told with resolution.

    MW Material, as in words are.

  2. In ‘extended trading’ they actually went up another 40 cents!

    That means when the markets open here in Europe in a couple of hours (it’s 07:36 here, in Berlin), they’ll start at $89.01!

    Which means they’ve gone up $2.54 since Nasdaq opened yesterday!

    That’s without any product announcements or positive quarterly results.

    That’s fantastic!

  3. What’s more important than the share price is the fact that the Mac is really going places now; the iPod is going to stay in number one spot for years ahead; iTV will bring media to the TV which will drive more sales of Mac and iPod, and the iPhone is going to arrive to sweep the board for design and useability in phones (including wi-fi phonecalls)..

    …oh,

    and..

    there..

    is..

    of..

    course..

    just..

    one..

    more..

    thing..

    up..

    Apples..

    sleeve…!

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    Which all means the rising share price is a given.

  4. I’m glad to see that all the “experts” think we’re about at the end of the run. Too bad they’re all full of SH**, and wouldn’t know a buying opportunity if they saw one. I’m so fed up with those who try to manipulate the AAPL share price without looking at the basics…. Try profits, P/E ratios and real business fundamentals instead of your “perception” that a market might be saturated (which has barely been touched), and estimates that Macs will never do better than 6%. What the hell have you folks been smoking? Have you been sleeping through the quarterly reports for the last 3 years?

    BUY AAPL…. or, take your money, get out, and do us all a favor and stay out. Stock investments are for the long term…..

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  5. Come on, you guys, you know “StockBoy” when you read him, whether he calls himself “TNT” or “SELL SELL SELL” or “Peterson” or “Knowitall” or whatever.

    He’s an empty-headed cretin who hasn’t been correct about one thing involving Apple in the past several years. Notice in his rant about “saturation” of the market that not once did he mention the coming ViPod, the iPhone, iTV, Leopard, and the like, and their impact on AAPL bottom line.

    Remember, this is the guy that was going to short AAPL at $50 and make us all look like fools. Remember him? I most certainly do, and I’m laughing all the way to the bank.

    (By the way, if you believe this idiot has 6500 shares of AAPL, I have some swamp land I’d like to unload on you.)

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