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Filed under: Apple Financial

AAPL shares close up 8 percent

by Robert Palmer (RSS feed) on Sep 30th, 2008


If you bought Apple at its lowest low yesterday, for just over a hundred bucks a share, you'd have made $13 per share back today. That doesn't cover your loss, of course, if you bought at its 52-week highs of just over $200 per share, but if you were a smart shopper yesterday, you got a heck of a deal.

Goldman Sachs analyst David Bailey said that the yesterday's price drop was "overdone" and reiterated his "buy" rating and $200 price target. Citi analyst Richard Gardner also recommended buying, but cut his price target to $170 per share.

"The recent sell off creates an opportunity as we think Apple will outperform our group through the end of the year, driven by iPhone unit upside and a strong product pipeline," said Bailey.

AAPL closed today at 113.71, up 8.45 points, or eight percent from its close yesterday.

[Via BusinessWeek.]

Tags: aapl, financial, stock market, StockMarket

Filed under: Apple Financial

Apple market cap passes HP

by Michael Rose (RSS feed) on Jul 26th, 2007

Back on July 10th I mentioned the likelihood that Apple's market capitalization might soon surpass that of the original Silicon Valley success story, Hewlett-Packard. (I also implied that both Steves once worked at HP; apparently Woz was full-time, but S. Jobs was more of a summer intern.) Well, as of this morning Apple's total value comes out to about $127 billion, and HP is at about $124 billion. If this holds through the close, it will mark a generational torch passing into the hands of the future... or something like that.

Who's next on the market cap hit list? Well, believe it or not, dear readers, that mom & pop semiconductor basement operation Intel has a valuation around $141 billion; not out of the realm of possibility, if some of the more glowing, write-Apple's-name-on-your-trapper-keeper analyst predictions ($200 a share? $250?) become real.

Tags: aapl, hp, stock market, StockMarket

Filed under: Apple Financial, TUAW Business, Apple

Welcome Blogging Stocks

by Scott McNulty (RSS feed) on Apr 27th, 2006



We here at TUAW don't know our dividends from our splits, luckily for us the latest member of the Weblogs, Inc family is here to save the day. Blogging Stocks is a finacne focused blog that, for the moment, is covering eight differnet companies. Why should you care? Well, our favorite fruity computer company is one of the eight. Check out bloggingstocks:aapl for obsessive Apple stock coverage.

Tags: appl, blogging stock, BloggingStock, stock market, StockMarket

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