Shares of Apple Inc. today surged $4.90, or 3.30% to close at $153.18 on volume of 42.34 million shares to set a new all-time closing high.
In after hours action, Apple shares currently stand up $0.33 at $153.51.
Apple’s previous 52-week high was $149.85, set yesterday. Apple’s 52-week low is $72.60, set on October 11, 2006.
At market close, Apple’s market value stands at $133,211,608,380, just slightly less than Hewlett-Packard’s $133,510,961,220 (the two traded places at times during trading today).
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.
Apple, Inc., is a $200.00 stock waiting to happen.
It’s a “slam dunk”.
Peace.
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Olmecmystic
Yes, Apple is ahead of HPQ again.
Apple finally reached the $150 mark, later than expected, because of problems with the stock market in general (interest rates etc), and the price cut on the iPhone.
those problems are now resolved, or taken into account, so there is no reason (currently) that the stock is not going to climb even more, especially because it’s current value is not based on speculation about new products, but on real results.
the Nano, the new iMac, and the iPhone release in France, the UK and germany will make the next quarter the best ever (again)
@ prediction
if what u say is true, it might mean that leopard will be late, bit that instability can also be the result of ONE simple bug, affecting all apps and more.
@ randian
nice to “meet” a fellow developer (i started developing in 84, Fileguard, Diskguard and more), but, i don’t think that your message @ prediction(even if i appreciate it) shows in any way that he is wrong.
did u test the latest seed (i didn’t), that’s what he was talking about, even if i don’t agree with his conclusions about the impact a delayed released of Leopard could have on the Apple stock, i don’t see how being an expert mac developer, has anything to do with it.
what i mean is: u established credibility, but u did not say anything that contradicts his statement, u are just saying you don’t agree, and that you are right because u are credible.
MDN: authority.
Sure Randian is credible, but she is also miserable. Buck up, Randian, it’s not so bad.
I wonder where ZuneTang is. I guess he can’t figure out how to spin this one.
@ randian
I guess we’ll soon see, won’t we?
Since you are are so sure of yourself, will you please let us all know when you sell any of your AAPL – with your history in the stock, it appears that you would be the last to bail unless, that is, your inside contacts, long history with Steve et al, causes you to break out in night sweats when you feel your fortune is threatened by the premature release of an OS that is the victim of iPhone.
In any event, like I said, we’ll soon see…
Oh, good. He didn’t write Apple shares hit new high…again!
Tiring, that was.
Thanks Yoda.
I wonder how many people who post on here are apple employees
@Prediction
Really? Well, MY IT guy has been playing with 559 for a bit, and here’s what HE had to say:
Most apps work great. Some code touching the kernel seems to have issues, but perhaps it’s because he didn’t have time to recompile things from scratch. iApps were fine. PDF bugs have been resolved, Time Machine seems to be behaving, for a change. Spotlight is good, but needs some tweaking, as does Finder. Mail has come a long way, and has few remaining issues… and on and on.
BTW – the OS does not conform to its apps – it’s the other way around. Apple tries not to break TOO much – but most developers will have a point release to make. This is a fairly tame set of changes, though.
Verdict? NOT RC1 (duh), but we’ll probably see it within a week. The bugs (NO kernel panics, less beachballing than 10.4.10) are penny-ante, and quite squashable.
There are a lot of folks out there carping about how there is nothing revolutionary in Leo. I’m sure some of the shinies don’t ignite their fancy, but the underpinnings code, all going universal, and etc, has to have been a major effort. That’s where the time is going – making the necessary and thankless optimizations to really move ahead in its new Intel home.
‘Course, it is also faster on a G4 PowerBook, even running off a FireWire external drive. VERY impressive.
“Just for a moment, really tell us if Leopard is going to be as ready as say, Tiger was when I stood in line to buy it on day one.”
Regarding that – I had the Tiger RC1 installed, back in the day, and I remember the carnage that ensued, both with it and the shipping version. I put up with it because I wanted some of the Tiger functionality VERY much.
Point of fact, there are a number of people around me who didn’t upgrade for a while because all the KPI changes broke the heck out of code they needed to use. This will be a relatively smooth upgrade in comparison.
Of course, one of the big questions here is when we will see RI. Now that it looks as though it might not surface in the initial release.
I hope we don’t see happening what happened to Quartz in 10.4.
@ me (no not me, him )
u wrote:
“BTW – the OS does not conform to its apps – it’s the other way around. Apple tries not to break TOO much – but most developers will have a point release to make. This is a fairly tame set of changes, though.”
that is not completely true, all applications that follow decade old guidelines should work, updates should not be required, unless Leopard reveals a latent bug in an application.
and, Apple has actually worked around bugged applications (especially those from microsoft), i hope they are not doing that anymore.