Shares of Apple Inc. [AAPL] continue to move upward, today gaining $0.429, or 0.35%, to set a new all-time closing high of $124.069 per share on very heavy volume of 68,287,370.
Apple’s previous 52-Week and All-Time High closing high was $123.64 set yesterday. AAPL’s all-time intraday high was set today at $127.61.
Apple’s 52 Week Low stands at $50.16, set on July 14, 2006.
Apple’s market value currently stands at $107,313,233,412.
AAPL quote via NASDAQ here.
MacDailyNews Note: “I am putting a sell on Apple, the company that created the iPhone,” Laura Goldman, investment advisor, LSG Capital, May 21, 2007. AAPL closed at $111.98 that day.
Boy the asshat bashers on the yahoo aapl board are some kind of wackos
The credits roll, the camera pans
And in the mist our hero stands
He starts to speak, then folds his hands in prayer
An awkward pause, then what’s my line?
There’s nothing left to say this time
And what would you say to a bad guy who’s not there?
In terms of roman numberals,
He’s iv league with roman polanski
He’d win an oscar every time if he was only given the chance
I’m speaking about Steve Jobs of course
Err, yea that’s from their song “Sell, Sell, Sell”
Sorry about the typo’s, yikes!
MDW: “moved” I’ve moved on now ok?
I wish Apple’s stock widget data would be much closer to real time than it is currently. It’s a pain having to log in every day to get more real time data on AAPL, etc. and much harder to hide than the Dashboard.
No thanks to John Dvorak. Loser.
“Apple shares hit new all-time closing high – again”
…and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again
juicy candlestick on the daily
” width=”19″ height=”19″ alt=”wink” style=”border:0;” />
Gnu who who…I wanna be like you who who….walk like you….talk like you …….Gnu who who
You see its true who who….Gnu who who….Yes its true who who..
As sung by Mr. Balmer et tal to the Jungle book tune!
I love that story.
Yeah that yahoo board is ridiculous….it’s like a bunch of 7 year olds with tourette’s syndrome.
Anybody notice how it just jumped $1.77 in after-hours? WTF? FTW!!!
Interesting how we get this same story every day (with somewhat different numbers); and yet, there is always a number of original comments (in addition to a number of same ones, day after day)…
I think I can safely say, this place attracts a lot of people that genuinely love Apple Inc., and are happy when its stock goes up. Who knew?
Just looked at a Google Finance Comparison 5 years back with MSFT. Wow….
AAPL went up to over 127, that was really spectacular !, then APPL suffered from a general fall, all tech stocks lost a lot, some like cisco, microsoft, motorola and toshiba lost over 2%, AAPL ended up as one of the only gainers with PALM (U2-Bono deal), and Creative (unknown reason, for me)
AAPL is gaining again in after market trading.
i heard one very worrying rumor, the iPhone would cost $999 without a contract, this does not give Apple a lot of room when negotiating deals with carriers, and worse (for me), in countries were those deals are outlawed it will be very expensive.
i hope they are mistaken.
source: a (great and funny) podcast on http://www.applephoneshow.com/
The spike up to $127.61 and the rapid fall back to the $124 level is a cause for concern, especially because it was accompanied by such high volume.
This trading behavior is indicative of a top, and may in fact be part of an emerging head-and-shoulders pattern, which is usually bearish.
The saving grace, as another person already commented, is that AAPL didn’t break down until the afternoon, at which point the broader market was in near panic selling mode, triggered by rising yields on the 10 year Treasury bond.
So if the bond market quiets down, and the stock market starts emerging from its current fear, and if some really positive news comes out from WWDC and/or iPhone launch (that isn’t already known), then the stars might be aligned for AAPL to resume its uptrend.
The next real catalyst for AAPL isn’t until release of Leopard in October, and then the holiday selling season, and culminating in MacWorld Expo in January 2008.
So for the intermediate term (~six months), the best one can hope for is a sideways consolidation.
But the more likely scenario is bearish, given how far and how fast AAPL has risen since the end of April.
Investors may want to lock in some profits now. Selling 1/4 or 1/2 of your position, say, would be a reasonable approach.
Bottom Line:
MDN can make fun of Laura Goldman all it likes, but if in two weeks time or four weeks time AAPL is trading back down near the $110 or $105 mark, then Ms. Goldman’s readers will not be surprised. Nor will they be crying over the profits they could have taken, but didn’t.
That’s 4 out of 5 this week. Let’s go for a sweep.
“Bottom Line:
MDN can make fun of Laura Goldman all it likes, but if in two weeks time or four weeks time AAPL is trading back down near the $110 or $105 mark, then Ms. Goldman’s readers will not be surprised. Nor will they be crying over the profits they could have taken, but didn’t.”
Alterantively, if in two to four weeks aapl is at $135, we can make fun of you and that witless bimbo.
I have a feeling tomorrow is gonna be a big day.
MW: ‘today’
@MoMo Trader
no, there is absolutely no reason for concern, did u see what happened to ALL the other stock ? AAPL was one of the few gainers of the day.
all this is completely unrelated to AAPL, Nasdaq, and the Dow went down because Yields went over 5%, and many investors sold their stock to buy bonds.
weird, u are saying u are worried, but just after that u explain what happened.
i really don’t see why we should be worried (even if i admit i was, before finding out what happened)
revenue and profits are rising, this is not speculation, the worse that can happen is a fall of 20% or so after the release of the iPhone (in case something is wrong with it), but in the end the stock will rise again, even without an iPhone, simply because mac sales and iPod sales are still growing.