Shares of Apple Inc. [AAPL] today gained $3.6601, or 2.73%, to set a new all-time closing high of $137.73 per share on volume of 32,351,941.
Apple’s previous 52-Week and All-Time High closing high was $134.0699 set yesterday. AAPL’s all-time intraday high was set today at $137.85.
Apple’s 52 Week Low stands at $50.16, set on July 14, 2006.
Apple’s market value currently stands at $119,129,288,040.
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.
Care to put any money behind your hysterical predictions?
1) There will be a wide recall of iPhones
2) AAPL will “bottom out” a year from now
Since you’re loaded and all and have enough time in your busy schedule to post drivel on Mac forums, maybe you’d care to make some easy cash by betting on either of these possibilities?
MDN’s take used to make me smile, but the more I learned about Laura Goldman, the less impressed I am. She’s a 2-bit carny who ran away to Israel and formed her own Enderle Group. If she represented a large investment bank in NYC, then I’d be impressed, but she’s no different than Rob Enderle, a know-nothing.
Big milestone coming up for AAPL…
A few more points and it overtakes HP to become the most valuable computer maker in the world.
That alone will bring more investors in.
Macs, Leopard, iPods, iPhone, Xserves, Aperture, Final Cut etc. etc. is all looking like a truly winning combo.
I can’t wait ’til $50.16 is history. just about to drift past the 52 week low. An historic moment.
I know you Truthbearer. Were you that guy that sold me all those Edison cylinder phonographs in 1912, telling me the disc machines would never catch on?
When you said the Victors were bad cos they couldn’t record like your wax cylinders did, I was taken in. You said the Victors were no use for the office market, cos you couldn’t use the hard 78s to dictate letters or memos. That clinched it for me.
I sold one machine out of three gross, and had my own Depression 10 years before everyone else, thanks to your advice.
In contrast, the disc machines took off quite well, and the other stores in my town couldn’t get enough disc gramphones.. Will you take back the remaining Edison Gem machines like you promised?
Some of the wax cylinders have melted a bit, though.
Alex’s Radio & Cycle Store
What is impressive is that Apple are make so much money per unit than their competitors. Each Mac Apple sells returns way more in profit than Dell can get. Now the iPod is generating huge amounts of dosh because Apple dominate the market. So in either situation, either as a niche player or market leader Apple profits. No-one else seems to have been able to figure that one out.
The future does look very rosy – high mac sales will lead to greater margins, the iPhone opening a new market where others have failed to innovate and the iPod with an opportunity to follow in the iPhones steps to go the next step forward.
And we still have not had Leopard yet.
Truthbearer…take AAPL when it was hanging around at 14 or so…pop in 10 grand…watch it go to 100…split…watch it go to 100 again…split…watch it go to todays 137…then do your math, pal. There is no end to AAPL in sight long-term, even if the iPhone does fail.
Your statements are a waste of your breath and a waste of our time.
AAPL
@MT Wence – “Most of the yelling around here is done at the Left.”
Actually, as an independent who for fun likes to keep track of the politicized threads, it’s about 2-1 the other way, with the left throwing insults at double the rate on MDN than the right does.
Sell! Sell! Sell!
MDN Magic Word: few… That will trick few…
This person owns thousands of the Apple stock and is not a reliable selling advise while He keeps buying the damn good stock. (That thing… That you will sell cheap). AAPL will hit $200 and the $ will hit 1€=2$. Keep that in mind. M$ will hit the rock.
MDN Magic Word is: few. Few will buy?
MacRumors has a great thread about public iPhone experiences. Though anecdotal evidence is generally not considered “reliable,” I rely on it strongly when I trust the source.
iPhone is a game changer. Geez, I love this company!
MW “army,” as opposed to “leggy.”
“Someone said to me that a high PE ratio isn’t necessarily good. AAPL’s PE currently is 43. Is this good or bad?”
Usually very bad unless there’s significant growth in the future.
So while the know nothings expound on this board what a great buy Apple is because it has a lot of growth left (which may well be true), what they don’t realize is that that growth is priced in today.
And As for LinuxGuy, he’s going to get a big, expensive lesson in the value of diversification one of these days.
“A few more points and it overtakes HP to become the most valuable computer maker in the world.
That alone will bring more investors in.”
No, it will scare the smart ones off.
@ MCCFR England expects every man to do his duty!!!! You are doing well, so well in fact that you ought to have an iphone delivered to you by Federal Express for services rendered over and above the call of duty!
The Sword of Damocles should make mince off those froggies!!!!!
P.s Did you see his Jobness when he was reportedly in England? Is it true that women there are now Beef Eaters?! Were they never allowed to eat Beef in the first place?!!!please do tell…..
Crabapple…
I live in the green belt about 35 miles from London, in leafy Surrey – if you were dragged to see The Holiday with Cameron Diaz, Jack Black, etc, I drink in the village which was the main location for filming (in fact, I missed a Friday evening in there because filming overran) and I shop in one of the other locations. Alternatively, if you’ve ever seen Top Gear on BBC World or the so-called Miami Airport scene in Casino Royale, I live about ten minutes from that location.
I think you’re referring to the fact that we recently had the first female appointed to the Yeomen of the Tower of London (the people in the strange 16th century outfits that guard the Crown Jewels); Good for her – there’s no reason why a woman shouldn’t go into that role at the end of her normal military career (IIRC, she was a Regimental Sergeant-Major in her last posting – which means she’s used to getting ‘grunts’ to jump when she shouts), and – if I remember the photos of her – I wouldn’t try and steal anything from under her nose anyway.
SpankTheMac, Truthbearer, StockBoy, et al, thank you for sharing your opinion. A little diversity always keeps the info ecosystem healthy. Personally, I’m a bit more bullish on aapl.
On a p/e note, interesting post on the Google Finance discussion boards…
……
Apple F P/E: 29.75 Based onConservative Earnings Est
Goog F P/E: 32.66 Based on Conservative Earnings Est
Rimm F P/E: 27.51 Based on Moderate Earnings Est
Amzn F P/E: 51.56 Based on Bullish Earnings Est
Which one does not fit?
Just venting really as I am very happy I own the top two and like the
third, but it shows the sometimes lack of knowledge driving some
stocks. One other key thing…
Amazon is the cheapest by price alone making it a playground for
smaller less experienced investors and more reason Apple should not
split to avoid the hype that will surely correct in time for Amazon. I
would much rather grow with earnings then because of get rich quick
euphoria. “
What I find interesting about Ms. Goldman’s sell rating, is that anyone with any experience in the stock market knows that you don’t sell a stock because YOU think it’s too high: you sell it because the stock is showing evidence of weakness, and because its uptrend is showing signs of failure. On May 21st, AAPL was in a very strong uptrend, with no signs of weakness. So, she based her sell rating for AAPL on the cliche, “Buy the rumor, sell the news.” I’m not sure I’d want a stock advisor whose assessment of a stock’s performance was based on aphorisms.
Also, many analysts are treating AAPL as if it’s some one-trick pony, as if AAPL’s future depends on the success or failure of the iPhone. As people here have pointed out, AAPL has several very successful revenue streams, each with an accelerating growth rate.
Just once, I’d love to see one of these analysts issue a statement saying something like, “Ummm, I was wrong. What the hell was I thinking?!” I’m sure there were people who sold their AAPL stock based on her recommendation, who are now kicking themselves for listening to some idiot.
@MCCFR,
I think I know where you mean, One of my closest buddies worked near there on location when they were making the Gladiator. He couldn’t believe the comotion that was created when they set the whole forest on fire for one of the scenes and as if that was not enough, they felled alot of trees to make a barrier against marauding horsemen!! The cool thing he told me that not many people knew was that damn forest was so wet that to set it on fire, they had to use up three tankers of gas, they laid pipes with gas burners installed at various distances, after a day of continious burning, the forest caught fire.
Was this true or was telling me about the one that got away?
Any way, you didn’t tell me whether a Beef Eater has to eat beef in order to get the job!
One more thing, Yeomen….are they called yeomen because they greet their Prime Minister……yo! Mr. ……. That would Mr. Bush Yeoman wouldn’t it?
Just a thought………I hope it was worth .02c or .01p?
@ mark,
You stupid man! why should a sane analyst give you advice that will raise the stock so high that he cannot buy favourably for his high fee paying clients to make a killing?
The only time an analyst will give you advice that will make you some money is when they know that you will pay them a commission!
So when they spread FUD around about AAPL stock, THINK DIFFERENTLY!
Piper Jaffray understands Apple.
@ R, So do we all except for your evil twin R2!
I think we all need to ask one thing when we invest: What would Peterson do?
Does it matter?
Ah, silly me, expecting Analysts to be honest and concerned about the welfare of those to whom they give “advice.”
Yeah Piper Jaffray and Carl Howe from http://www.seekingalpha.com are the only two companies/people who consistently understand Apple.
“Piper Jaffray understands Apple.”
Piper Jaffary makes a market in Apple. If you don’t know what that means, they’re used Apple stock salesmen making what money they can on the spread between what they buy Apple stock for and sell it for.
They understand how to move the stock to make money.
Moving the market is much the same as understanding the market. Does Jaffray talk about MS the same way? No– and if they did, no one would listen. Are they trumping Ford?
If I have a great sports team and I want people to attend its games, do I stay quiet or do I talk about how wonderful I think they are? That’s not just “moving the stock.” That’s believing in the company, too– and making the declaration public. A reputation hangs n that judgement. Gee, 1500% increase in a few years. We should all beware Jaffray. Whatever.
I shouldn’t be surprised anymore, but WOW– such jaded people! I see it every so often when I get someone to consider a switch to Apple. I have to admit that I’m an investor. Right away, many respond with the skeptical, “Ahh. Now, I get it.”
Ten times I have responded: “If you don’t like it, I’ll buy it back from you.” I’m not wealthy, but I’m also not opposed to an upgrade here and there. I’ve never gotten a single buy-back request (mixed emotions). In fact, I find that some of my sales have sparked some pretty venomous converts who get a bit angry when they realize how they and the general computing population have been dumped on for a couple of decades.
I know “Fooled” is a troll. But geez– even trolls should be smart.