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AAPL hits all-time record high

by Mike Schramm Jul 18th 2011 at 10:01PM

Perhaps because of optimistic analysis going into tomorrow's conference call, Apple's stock price has hit an all-time high today. While the Dow Jones average was down overall, AAPL rose $6 at one point, hitting $371.06 as a high. That's huge -- bigger a stock price than it's ever been before.

Analysts say that there are a few factors here, with the big expected earnings only one of them. The HTC patent ruling was another big piece of good news to Apple's investors, and a lot of Apple's moves in general have really been turning out well lately, from the integration of iOS subscriptions and Apple's deals with both media providers and developers, to more recent innovations like iCloud and the new versions of iOS and OS X coming soon.

In short, Apple's hitting its stride in a whole new way, and there's still a lot of room to grow yet.

Note: Past performance is never an indication of future stock prices. This post should not be considered sound financial advice.



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Perhaps because of optimistic analysis going into tomorrow's conference call, Apple's stock price has hit an all-time high today....
 

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12 Comments

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Barry Abrahamsen

"That's huge -- bigger a stock price than it's ever been before. " I read this sentence three or four times before deciding it wasn't just a typo.

July 19 2011 at 12:20 PM Report abuse rate up rate down Reply
blueMac

I'm glad I bought into this a couple years back I just wish I had bought a whole lot more.

July 19 2011 at 11:19 AM Report abuse rate up rate down Reply
jalikq

mais je vous remercie pour votre partage ^o^

July 19 2011 at 6:34 AM Report abuse rate up rate down Reply
Brian

I remember when AAPL was $38 and we waited for it to reach $40. That's right. Wish that I'd plunged thousands into it back then.

July 19 2011 at 12:02 AM Report abuse rate up rate down Reply
Early Adopter

"Buy on the rumor; sell on the news" -- long-statnding stock trading advice. Frequently wrong. Especially about Apple.

July 18 2011 at 11:25 PM Report abuse rate up rate down Reply
camucus

Stock closed at $374.59, was this article written at 2:40PM? That's when it hit 371, and kept going...

July 18 2011 at 11:19 PM Report abuse rate up rate down Reply
 Mike Beasley

man i should have gotten in on $AAPL a long time ago... now its gonna take an entire paycheck per share.

July 18 2011 at 10:40 PM Report abuse rate up rate down Reply
1 reply to  Mike Beasley's comment
Ray Ward

As silly as it sounds (to me) I am seriously considering buying 1 share per pay period LOL.

July 19 2011 at 3:19 PM Report abuse rate up rate down Reply
1 reply to Ray Ward's comment
Federico Diaz Real

What about a GOOG share? Maybe a half? XD

July 19 2011 at 5:02 PM Report abuse rate up rate down
Headset Chatter

You know that dancing banana gif? That's been me all day.

July 18 2011 at 10:38 PM Report abuse rate up rate down Reply
david_winograd@mac.com

In after hours trading AAPL closed up $10.15. Not too shabby

July 18 2011 at 10:27 PM Report abuse rate up rate down Reply
iAAPL

Let me guess, the stock price will drop tomorrow after investors are disappointed by extraordinarily great earnings...

July 18 2011 at 10:20 PM Report abuse +4 rate up rate down Reply
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