Apple shares hit a new all-time high in early NASDAQ trading following yesterday’s Macworld Expo keynote presentation by CEO Steve Jobs in which the Apple TV and iPhone were introduced. Several brokerage firms this morning upped their price targets on Apple (see related article).
Shares of Apple, Inc. (AAPL) are currently trading at $94.89, up $2.32, or 2.51% on heavy volume of 21,420,983.
Apple’s previous 52-week high was $93.16, set on 11/27/2006.
Apple’s 52-week low was $50.16, set on 07/14/2006.
Related article:
CSFB, Deutsche Securities, Citigroup, Merrill Lynch hike Apple price targets as high as $125 – January 10, 2007
If you boght 100 shares in 2000, how much would they be worth now?
MW=window, the window of opportunity is getting smaller
There are cell phones and now, iphones, the world of comunications will never be the same. Welcome to the new era, a new era focus on end users. Thanks Apple Inc.
With the money I’m making, the iPhone gets cheaper by the second. =)
The price got all the way down to $7.03 in 200, so 100 shares would have cost you 703 dollars plus commission (say 10 bucks) for total cast basis of $713.00.
As of this moment, AAPL is at $94.96, so 100 times that is $9,496.00. If you sold at that price, subtracting that 10 bucks again, you would have made a profit of $8773.00.
AAPL is wonderful. I buy their stock and it allows me to buy their products to make more money to buy their stock again. It’s a wonderfully vicious cycle. And the AAPL in the retirement account has been wonderful, too.
sry, “in 2000”, not 200. Even I didn’t get in that early.
-c
MW: ‘future’ (‘s so bright, I gotta hire maids)
JadisOne: AAPL is wonderful. I buy their stock and it allows me to buy their products to make more money to buy their stock again. It’s a wonderfully vicious cycle
that is called a virtuous cycle/circle
JadisOne,
That’s exactly what I do… make a grand or so on the stock, craigslist my old stuff, and roll some of that into the latest apple product. Sweet deal!
Charlie
http://www.TierraGPS.com
ChrissyOne –
You forgot the stock split in 2005. I bought (I think in 2003) 100 shares at $17 plus $69 commission – let’s say $1800 for round numbers. I now have 200 shares worth almost $95 – or $19000.
Oh why didn’t I get 1000 shares instead of 100? Sigh. MDN Magic Word “back” if I only knew then I would have gotten 5000 shares!
I wonder what rock “Stock Boy” and “Sell Sell Sell” are hiding under right now. Gawd, but they (he? she?) must be flogging themselves now, having recommended that we short AAPL last summer as it headed for the low 40’s. (HA!)
Just goes to show you: PC Apologist(s) and their ilk know NOTHING about innovation, growth, and designing products for real people, not fat-mouthed, so-called power-users.
MSFANBOYS: Watch your MonkeySoft stock languish in the high 20’s, low 30’s for the remainder of this decade, at least. You deserve it.
Speaking of Micro$oft, where’s my “Phune”? Surely Billy and Ballmy must have some kind of knock-off waiting in the wings for Zune Tang and his ilk to salivate over!
But wait . . . Didn’t his Steveness say that Apple had PATENTED most of the iPhone as it was being developed? Curses! What will the BallmerBoys do NOW, since they can’t just repackage, rebrand, and steal Apple’s ideas?
Woe is them, woe is them.
@ Geo B – Sorry, let me clarify, the stock got down to a ‘split adjusted’ price of $7.03.
Carry on.
-c
MW: ‘his’ (tory will mark this day)
Come on, I haven’t even had my coffee yet.
Wow, we’re flirting with $96.
Microsoft fights back! Reveals prototype mobile as iPhone killer:
…and >$80bn market cap.
Mike D. – Dude, you’re getting pwned®.
AAPL is flirting with triple digits. Shameless tease!
Flirting with more than 2 digits at a time can get you chlamydia.
-c
MW: ‘based’ (on rumor and hearsay)
This morning:
“Prudential ups target to $90 from $87” (MarketWatch)
So bold.
” . . . can get you chlamydia.”
New England or Manhattan style?
Current (live) price: $96.13
All I can say is WOW!
The earnings btw will also blow out expectations.
So, to correct my self…
100 shares in 2000 = $1,406.00
plus commission = $1,416.00
200 shares today = $19,246.00 (the price is now $96.23)
minus commission = $19,236.00
For a profit of $17,820.
-c
MW: ‘increase’ (seriously)
I think we might even bump our head on 100 today.
This is not possible. One incredibly brilliant analyst on these threads said otherwise:
“Don’t pass the koolaid
Jan 08, 07 – 12:53 pm
AAPL a strong short right now. Going to 77 after Mac World. You hear (sic) it here first.”
“I think we might even bump our head on 100 today.”
For better privacy though, you might want to wait ’til it gets dark. (j/k)
ChrissyOne,
Glad you bought. I picked up my initial purchase back in 2001 when the price was $7.50 (split adjusted). At the time, I looked at the stock price, the cash on hand and the assets and realized that the stock was cheaper than the cash value of the company. Easy decision. I put all I could afford into it at that time.
Profit for yesterday: Just over $14,000 (yes, one day profit)
Current price:$97.39
And they say Macs are too expensive.
;P
“What will the BallmerBoys do NOW, since they can’t just repackage, rebrand, and steal Apple’s ideas?”
Since when has Mafiasoft cared about what is legal?
Does anyone think they can match Multi-Touch in anything like 5 years?
Keeping in mind how heavily patented it is?
I don’t think MS is going to be able to copy this one for a long, long time, and by then, it will already be too late.
I think we are due for another stock split.
If you bought 500 shares in 2001 for $15.00 you would have had 1000 shares at $7.50 after the last split. That’s an investment of $7500 that would be worth $97,000 as of this morning. Guess how I know!
Don’t forget–the best way to protect a patent is to license it…If Steve really does want to Kill Bill, that is. We’ll see.
[Just wondering, after reading these, is Unsquirted actually Ampar in new guise? Enquiring minds want to know…]
bond co. stooge: I’m in the Witless Protection Program.
(shhhhhh)
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Oh fuck. Ampar’s back with his distinctive brand of comment that’s about as interesting as a Zune.
C’mon, Everett. Bring it into Hug Harbor. You know you want to.
MW: children
Oh fuck. Everett’s back with her distinctive brand of comment that’s about as interesting as a delusional, frustrated loser.
My AAPL holdings should hit the seven figures this year. The smile on my face is humongous, second only in size the the one on the other end of my alimentary canal. And the bigger of the two I aim at stock boy, wherever he is. fool!
MW: think, as in: I think using facilities nearest my smaller smile, while stock boy does his nearest his larger smile — the vertical one.