12.26.07 - 01:19pm
Apple has done it! They have reached the $200 dollar mark accomplished today, one day after Christmas.
Apple has always shown a performance jump as it heads into the new year, fresh off the holiday sale of iPods, iPhones, Macs and the anticipation of new announcements at MacWorld. This year has proven to be exceptional with the stock jumping 140 percent in 2007 and with Apple finally reaching the coveted $200 mark.
A huge increase in Mac sales have accounted for the majority of Apples increase in revenue for the year. The computer sales have been boosted by the high publicity of the iPhone and the new iPods. 2007 has brought Mac shipments up 36 percent over last year generating half the of Apple’s total revenue. iPod sales are up as well, but due to the proliferation of the market sales have only increased 4 percent with over a 100 million iPods being sold.
Category: apple | Tags: apple-stock, iPod, mac, new-highs | Be the First to Comment »
11.07.07 - 10:44am
Apple is still rising, getting closer and closer to the 200 mark as yesterday it topped $191 for the first time, hitting highs of $191.79.
Good news for anyone vested in Apple and I’m sure something that will make the new Senior Vice President of Apple very happy. Dan Cooperman the new VP received 133,00 shares of Apple stock on Friday worth $24,811,150. So to see the stock rise a cool $5.81 on Tuesday, had to be rather pleasant for him.
Cooperman jumped ship from Oracle, where he had been working as Larry Ellison’s legal aid.
If Apple stays true to their usual holiday rise, the stock should be topping $200 very soon.
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10.18.07 - 04:43pm
Apple’s stock has risen to new highs, almost reaching $175 today, but alas falling just $.81 cents short. Although for Apple it just means - maybe tomorrow.
At this time last year the stock had yet to reach $80, much less a $180, as it will surely do soon.
Apples stock has a tradition of rising high over the holiday season as their profits have soared every Christmas since the inception of the iPod.
This year they have their biggest market ever with 3 totally new iPods added to their collection, plus the famed iPhone, new iMac’s and their new operating system Leopard.
Lehman Brothers analysts have upped their target price on Apple from $160 to $190 based on Apple’s new products and better than industry average growth in sales of their products.
Apple will announce their new quarterly results this coming Monday the 22nd of October. If profits are confirmed to rise as expected Apples stock should jump even more.
Category: apple | Tags: apple-stock, lehman-brothers, new-highs | Be the First to Comment »
