Apple shares rocket to new all-time highs on strong sales outlook

“Holiday gift-giving may augur another banner December quarter for Apple Computer. That’s the word from Piper-Jaffray analyst Gene Munster, who in a Nov. 16 research note said consumers may snap up as many as 15 million iPods in the last three months of the year,” Arik Hesseldahl reports for BusinessWeek.

Hesseldahl reports, “That, along with optimism that Apple is weeks away from releasing a spate of new products, pushed the stock to a record close, $85.61.”

Hesseldahl reports, “Apple CEO Steve Jobs is expected to announce a new round of products at the MacWorld Expo trade show that kicks off on Jan. 9.”

Full article here.
As we said last Thursday (and as Munster himself also warned was possible), the expectation of 15 million iPods is too low. Apple is currently trading up $1.37, or 1.58%, at $87.84 per share.

Related articles:
Apple ‘iPhone’ could hit 15 million units in first year – November 21, 2006
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
Analyst estimates Apple will sell 14-15 million iPods in holiday quarter; says estimate could be low – November 16, 2006

31 Comments

  1. The sleeping bomb is all of this ipod/iphone frenzy is OSX, the world’s best OS. Once OSX gets a hold in the mass computer market, the Zune will hit the fan for Microsoft, and aapl will really rocket.

  2. The iPod bubble will soon bust. Ipod is coming to the end of its product cycle. People will never switch over to macs in large numbers since they have years invested into a decent os, Windows, with files and personal things on there PC. Bill Gates won a long time ago. Best Apple can to is shore up their base and add a few % of users the next ten years.

  3. Too bad for you that Apple will continue to upgrade and expand on the iPod line on a regular basis, so it’s not going to stay stagnant for years like Microsoft’s lines of hardware and software products tend to do. So don’t look for that “bubble” to burst anytime soon.

  4. Hey, Knowitall, if you really ARE as informed as your nom-de-net would imply . . .

    “THERE” does not equal “THEIR” (in your first post). Since learning to differentiate these homophones is not rocket science, I suspect that you really DO NOT know it all!

    Again, ala Bugs Bunny . . . What a moroon!

  5. For Knowitall and others of his ilk . . .

    Let’s assume you’re a longterm investor of at least three years duration, OK? (Let’s also assume you have a pot to piss in and a window to throw it out of.)

    Three years ago today MSFT closed around $25 per share . . . representing their obvious market domination and “excellence” of leadership. Today it’s hovering around $29.80, representing a total growth over three years of a little less than 20%.

    Three years ago today AAPL closed around $12 per share . . . representing their obvious market invisibility and “paucity” of leadership. Today it’s hovering around $88.10, representing a growth over three years of a little more than 600%.

    Hmmm.

    Based on current and projected product delivery and development–and the leadership in place at both companies–whose horse should ya’ bet on three years from now?

    The answer is obvious, but as my revered father used to say, “You can lead a whore to culture, but you can’t make her think.” How true, Knowitall.

  6. Knowitall, that was NOT a typo, you ignorant Winfantwerp. THIS is a typo: thier.

    Really, you might want to choose a different moniker, dumbass, if you’re going to post your drivel with such basal illiteracy.

    Ooh, there’s your new nom-de-net: DUMBASS! It works.

  7. Oh, and as Steve J. often says, “One more thing . . . .”

    Knowitall, YOU’VE DONE IT AGAIN, revealing to one and all MDN’ers the paucity of your knowledge and command of basic grammar, mechanics, and usage.

    “If your not married . . . .”

    You really need to listen more carefully to your middle school English teacher, for “YOUR” does not equal “YOU’RE”!

    Why don’t you just give up while you’re behind, crawl back into your parents’ basement, turn on your Dell, and see if it actually starts. You know, for someone who professes to “Knowitall,” you really, really don’t. Again, permit me to suggest “DUMBASS.”

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