Shares of Apple Inc. [AAPL] gained $1.96, or 1.78%, to set a new all-time closing high of $111.98 per share on volume of 22,812,860.
Apple’s previous 52-Week and All-Time High was $110.64 set during trading last Friday. AAPL’s all-time intraday high was set today at $112.45. AAPL closed at $110.02 on Friday.
Apple’s 52 Week Low stands at $50.16, set on July 14, 2006.
AAPL quote via NASDAQ here.
The Apple Original Film ‘Still: A Michael J. Fox Movie’ is honored among the first batch of Peabody Award nominees…
Apple is reportedly developing its own artificial intelligence server processor using TSMC’s 3nm process, with mass production to begin by…
Apple has cut its 2024 Vision Pro shipments as demand in the U.S. market has fallen sharply beyond expectations…
Apple is widely expected to introduce a new 12.9-inch iPad Air model at its just-announced “Let Loose” special event on May 7th. That…
Apple has announced it will be holding a special event on Tuesday, May 7th at 7am PDT / 10am EDT. Apple is widely expected to announce…
And “Investment advisor puts ‘sell’ on Apple”
Enjoy the irony.
In other news, MDN just hit an all-time high of 13,676 stories!
So much for all the FUD!
Ps TMF I left a posting for you in the other article
And this based only on AppleTV (new product), a new high end Mac Pro (not really considered a revision as the others remain still) and a rev to the Macbook. Just imagine how high it will go when the new products will come out and iPhone ships….
This run-up is great, but expect a dip as people take some profits. If I could afford to pay the tax, I’d take some out.
In time…
I hear the Investment Advisors™ at LSG Capital are suggesting we sell AAPL. What gives? {puzzled}
To ChrissyOne,
Ever heard “buy the rumor, sell the news”?
I understand that the impending iPhone release and OS update are more than rumor, but that is what is driving the price. LSG must be looking at the same charts I am (in fact, I am certain of it) and it’s not a bad time to sell. As I stated in an earlier post, a correction is imminent (of course, charts have been wrong before).
There, this proves that analyst (Laura Goldman) from LSG Capital knows embarassingly nothing about Apple. So much for that idiotic “sell” call.
“Ever heard “buy the rumor, sell the news”?”
Ever heard of “buy and hold?” I could have sold on a lof of news in my run from $9.84 until today.
God thing I didn’t.
And… it was a joke.
-c
@ Gil
The valuations seen in the stock market are the result of discounting future events. Thus, these new products and the iPhone are currently priced in. What would cause a new move upward would be something unexpected, not just a new product because everyone already expects new products.
Now say a schnazy new MBP with the flux capacitor finally arrives, THAT would be unexpected!!!!
Actually, I am sure that Apple will drop in price in the next month or so. There is so much FUD out there that someone will do another “Apple internal e-mail… ” that will spook the totally uninformed and they will dive for the ditch, sending Apple stock dropping. I would guess 3-6 points… Before it then rebounds even higher.
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Lets face it. Apple is going to hit some good highs this year but no matter how good they do, there will be those who complain that its never going to be enough. LOL Hey, Dovrak needs company. LOL
en
Well… so what was the rumor?
Oh yeah, Microsoft is going out of business.
Another all-time high for AAPL, another no-dinner day for Ballmer’s uncle.
ChrissyOne,
Honestly, your post did not come across as sarcasm. If you go back and look at the chart, I can guarantee that your “buy & hold” strategy did not yield quite the return that actual “trading” would have. I’m not saying there is anything wrong with your technique, and I am sure you will have quite a little nest egg when it comes time for you to sell (having purchased @ $9.84). Actual trading is not for everyone, it takes a great deal of time and knowledge (if profit is your goal). Be that as it may, “buy & hold” did not allow me to pay cash for my last two homes.
Just the other side of the coin.
Again MDN, if something happens every day it is NOT news!!! Enough with this lest I unsubscribe from your RSS feed!
Only 3.4bn to go before AAPL has a market cap of $100 billion.
Not bad for a company that was going out of business.
Hat’s off to Jobs and his team of 10,000 merry men.
In the Gates/Jobs face off over the last 30 years, it is becoming obvious who is going to have the last laugh…and it won’t be Gates.
Yep, buy and holding the last 3 years caused you to miss a lot of extra cash to be made if you traded smartly instead.
@ M_S
I was poking fun at the other news story (which needs a good poking), no big deal.
Peace.
-hippy
@MDN webmaster… just to see the headline “Apple shares hit new all-time closing high – again” is a good thing. Keep posting it, the fact that we lose Cleetus in the process is only a bonus.
@M_S
I know you, all too well. You’re that person who goes to Vegas and ALWAYS wins. ALWAYS. Your relatives and associates ALWAYS win because you’re smarter than the rest of us . . . which explains why Vegas is such a ghetto today: Nobody has EVER lost money there. EVER.
Yeah, market-timers like you are a dime a dozen, and 99.99% of you lose your asses trying to buy and sell against the grain. Brag all you want, M_S; your words and your advice are exceedingly cheap, and more than likely completely hollow.
Trading?
Maybe.
But you need a crystal ball to know at which points to buy and sell.
Buy and Hold (cost averaging if div. reinvested) is a good strategy if you know the stock, and there are no significant changes in management’s direction.
Apple stocks are going up forever!!
Wow, I didn’t even have to comment on M_S’s trading comments.
I second Randian and Always Right.
No chart can predict the future of the stock market. If they could, we’d all be rich.
As it stands, “Buy and Hold” has done quite well for me.
Randian,
My words did not degrade. How little you must think of yourself if you can only feel whole by degrading others.
Always Right & PalmerDeville,
Like I said, it’s not easy and it does take time to learn to read charts, but charting is not “predicting”, and the only “crystal ball” needed is the chart. It’s just like learning another lanquage. If you grew up learning English, Greek will look… you get the idea. Charts are the same way, learn the language and they will make sense. I never said there was anything wrong with buy & hold, just that there was more out there if you want to put the time into it.
It looks like it might take a small dip and then keep moving up again