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Apple Stock Hits All-Time High on Earnings Strength

Apple's stock price has hit an all-time high today, surging over 4% at the moment to top $207 per share. The peak eclipses Apple's previous high set in late December 2007. Apple's stock subsequently sank to a low of under $80 per share in late 2008 amid uncertain economic times before rebounding strongly over the past eight months.


Apple's total market capitalization is currently approximately $186 billion, placing the company behind only Exxon Mobil, Microsoft, and Wal-Mart in market cap rankings of American companies.

Apple's stock has seen a significant bump over the past couple of days in the wake of a stellar earnings report on Monday and subsequent price target upgrades from analysts looking ahead to future performance.

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30 months ago
I sold stock when it was at 80. Now I'm going to buy it all back.

Edit; I seem to be upsetting people and I'm sorry. This post is sarcasm. :) Why would I ever do that??
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30 months ago
People are finally starting to realize that Apple is performing this well in a recession.

Add to that, Apple tends to spend more money on R&D during downturns, meaning that once the economy picks up they'll have even more cool toys right when the companies that cut back are just starting to re-hire.

Should be fun.
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30 months ago
As soon as it hits 211 my broker has been told to dump a small amount of shares.
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30 months ago
I really wanna buy shares in AAPL, if anyone knows a good UK Stock broker, please PM me!
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30 months ago
How long before it passes Microsoft?
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30 months ago

Apple's total market capitalization is currently approximately $186 billion, placing the company behind only Exxon Mobil, Microsoft, and Wal-Mart in market cap rankings of American companies.


Who volunteers to be the last sucker?
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30 months ago

I sold stock when it was at 80. Now I'm going to buy it all back.


You'll regret that ;)
Rating: 0 Positives / 0 Negatives
30 months ago

I sold stock when it was at 80. Now I'm going to buy it all back.


You don't seem to have got the hang of this investment lark yet. ;)
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30 months ago
I had a feeling it wou;d surge after i saw that iMac...
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30 months ago
I am shocked at how fast it has gone up. Definitely my best stock. I bought a chunk in the 80s earlier this year. I was going to sell this morning but then it took off so I am still holding. I am itching to sell but how much higher is it going to go.. Its crazy.....

$208.50 now...

Mike
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