Filed under: Analysis / Opinion, Apple Financial, Apple
Apple stock help drive mutual fund returns
I'm not Wall Street wunderkind but it doesn't take Warren Buffet to know that Apple's stock has been performing well. It would seem that, at least according to the New York Times, Apple's performance coupled with Google and RIM has lead to many mutual funds seeing extraordinary growth this year. Many funds are glad they didn't sell all their Apple stock when it seems that it just couldn't go any higher (how high can it go? I have no idea, but since I don't own any Apple stock it really matters little to me).
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Reader Comments (Page 1 of 1)
mjgrothaus said 10:25AM on 1-14-2008
How high can it go?
$300 a share in 12 months.
$600 a share in 24 months.
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Bender Bending Rodriguez said 10:29AM on 1-14-2008
Sure, why not?
But I'm sure the stock will split again before it hits $300 which will make it seem more obtainable to many.
LuminousNerd said 3:01PM on 1-14-2008
Not just seem more obtainable, BE more obtainable.
Martin said 1:59PM on 1-14-2008
Of course it can go higher, AAPL lost 30$ in the recent weeks.
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Tyler Morgan said 11:04AM on 2-02-2008
I hope it hits $300.00USD by the end of the year.
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