Apple shares hit new all-time high

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

37 Comments

  1. 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

  2. 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.

  3. 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.

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