Earlier today, Apple's stock price briefly surpassed $250 per share before being dragged down by an overall market slide precipitated by charges brought by the U.S. Securities and Exchange Commission against Goldman Sachs over alleged subprime mortgage securities fraud.

143136 aapl 250

Apple's stock has since rebounded, but remains below both the $250 threshold and today's opening price of $248.99.

AAPL stock has seen a number of milestones in recent weeks, having surpassed $200 billion in market capitalization in early March, and only days later moving past Wal-Mart to become the third largest U.S. company by market capitalization.

Just yesterday, Fortune released its annual Fortune 500 rankings of U.S. companies by revenue, which saw Apple jump to 56th place from 71st place in last year's survey. The report also ranked Apple as offering the greatest return to shareholders among Fortune 500 companies over the past five years, with an average annual return of 45.6%.

Top Rated Comments

BuddyTronic Avatar
185 months ago
Cheers, BuddyTronic. And congratualtions to your investment.

By the way. Do you want us to bring our own glasses? :)
How bout a ride in my new Turbo? Got this in July when AAPL hit $400 for the first time. I once swore I'd buy a 360 Modena if AAPL hit 300. But I didn't. but now that it hit $400 I had to do something, so I did!

Yee Haw!

And actually today I'm commenting about it, because I didn't actually sell any shares, I just got a loan on my margin account against my AAPL shares. So that is working out good now! (for a while when it dropped to 350, I was slightly on the bad side of that load, but hell, AAPL is going up more than 5% per year to cover that interest!).

I'm selling covered calls on AAPL for OCT - something high up - just to grab a few grand, and if the price comes in, so what, I sell some and pay down the margin loan on the Porsche!

Booyah again
Score: 2 Votes (Like | Disagree)
rickdollar Avatar
204 months ago
Me too, Analog.
Sold at $82. Didn't buy it back until $187.:rolleyes:
Score: 2 Votes (Like | Disagree)
mlmwalt Avatar
180 months ago
If it hits $650, I'll sell half my shares and buy the Aston Martin I've always dreamed about. :o Or a Vette and a condo in Clearwater Beach. :cool:
Score: 1 Votes (Like | Disagree)
RonDMC Avatar
180 months ago
Well Well Well Genius! You basically got your predictions right again eh?

I thought I would bite so you don't continue to talk to yourself!

Lets hear some more predictions.

Some major refreshes this year like the iPad 3 and iPhone 5 which shouldn't be minor upgrades like the iPhone 4s and iPad 2 which could potentially see a lot more people upgrade. Also the potential announcement of the iTV and maybe dividends.

As long as the economy doesn't tank again I can see:

Jan 2013 - $550
Jan 2014 - $650
Score: 1 Votes (Like | Disagree)
BuddyTronic Avatar
180 months ago
Hey you'd be welcome my friend!

Thanks for making me feel good!

Haha, glass might be optional. Pull the cork and chuck it far away, and then go primal with that Scotch - it's the Isle peaty dirt flavoured stuff and once you have it in you, it tastes like water haha. Have some Sockeye salmon maybe, and then finish the bottle off on a drunken hike in the wilds and get some exercise!

Yeah the person who owes me on that one said he has it waiting for me, and when his son gets back in town we're gonna have a flight of scotch I guess.

He said

"I expect APPL to pass $300 tomorrow
whatever happened to the expected September/October sell off?
I had expected a retest of the years lows and hence a delay of APPL $300
Anywho - the Lagavulin has been sitting here since my last trip to XXXXXXX
We should wait for James to return to set up a an evening of Lagavulin tasting.

You are a lucky son of a gun."

OK, since I am now the amazing Kreskin and won my bet, here are some new predictions!

DOW 20K by 2012 - haha. OK maybe 2014. I'll make the betting prediction on New years, but that's how I'm thinking.

AAPL - let's say $450 by Jan 1 2012. That's pretty bold, I know. But the inflationary forces are helping.

I'm selling short term covered calls for my AAPL shares. Big premiums as it gets closer to the numbers I picked for Nov and Jan. A cool AAPL stipend :)

USD is "go to down" and the stock market is going to "crash" upwards with a sub-hyperinflationary ( >10% maybe) exclamation point.

Gold will be $2000.00 by Jan 1 2011.

Maybe I should be humble and just bite my toungue, but I'm glad you reminded me about this thread - I forgot all about it and it's funny what I wrote there! Maybe this is going to be too!

For sure AAPL 450 by Jan 2012 - the rest is more or less a matching theory, but that's a lot to predict at once, I'll just stick to what I know - Apple.
Well Well Well Genius! You basically got your predictions right again eh?

(pat myself on the back again!)

Gold is a little short of $2000.00, but it's close. DOW 20K for 2014 still on? I guess I have to stick with what I said. Time is a strange thing how it passes.

AAPL is over 450.

Now everyone thinks 600 is possible. Nobody is arguing with me about it.

I almost liked it more when I felt I knew something the suits didn't know. But now they can't miss it.

100 Billion in cash at Apple eh? If Apple has zero growth they will have $200B in cash within 5 years!

I think I'm getting a bit over-confident. The only thing that will mess me up a bit is some mega crash

I think over the last couple of years I have realized that the USD is KING - no matter what. I was thinking the USD would be crashing, it almost has to, but I guess since the entire world of currency is so messed up, the USD is going to remain the monopoly money of choice.

I didn't have my usual AAPL discussion with James's dad this Christmas. I think they are all tired of me being right all the time, and when I ask them how many AAPL shares they bought from my advice over the many many years, the answer is zero. I think they might be happier if I lose my shirt honestly haha.
Score: 1 Votes (Like | Disagree)
BuddyTronic Avatar
185 months ago
Hey you'd be welcome my friend!

Thanks for making me feel good!

Haha, glass might be optional. Pull the cork and chuck it far away, and then go primal with that Scotch - it's the Isle peaty dirt flavoured stuff and once you have it in you, it tastes like water haha. Have some Sockeye salmon maybe, and then finish the bottle off on a drunken hike in the wilds and get some exercise!

Yeah the person who owes me on that one said he has it waiting for me, and when his son gets back in town we're gonna have a flight of scotch I guess.

He said

"I expect APPL to pass $300 tomorrow
whatever happened to the expected September/October sell off?
I had expected a retest of the years lows and hence a delay of APPL $300
Anywho - the Lagavulin has been sitting here since my last trip to XXXXXXX
We should wait for James to return to set up a an evening of Lagavulin tasting.

You are a lucky son of a gun."

OK, since I am now the amazing Kreskin and won my bet, here are some new predictions!

DOW 20K by 2012 - haha. OK maybe 2014. I'll make the betting prediction on New years, but that's how I'm thinking.

AAPL - let's say $450 by Jan 1 2012. That's pretty bold, I know. But the inflationary forces are helping.

I'm selling short term covered calls for my AAPL shares. Big premiums as it gets closer to the numbers I picked for Nov and Jan. A cool AAPL stipend :)

USD is "go to down" and the stock market is going to "crash" upwards with a sub-hyperinflationary ( >10% maybe) exclamation point.

Gold will be $2000.00 by Jan 1 2011.

Maybe I should be humble and just bite my toungue, but I'm glad you reminded me about this thread - I forgot all about it and it's funny what I wrote there! Maybe this is going to be too!

For sure AAPL 450 by Jan 2012 - the rest is more or less a matching theory, but that's a lot to predict at once, I'll just stick to what I know - Apple.



Quoting myself.

Self you are one smart dude!

Yay!
Score: 1 Votes (Like | Disagree)

Popular Stories

AirPods Pro Firmware Feature

Apple Releases New Firmware for AirPods Pro 2, AirPods Pro 3, and AirPods 4

Thursday November 13, 2025 11:35 am PST by
Apple today released new firmware designed for the AirPods Pro 3, the AirPods 4, and the prior-generation AirPods Pro 2. The AirPods Pro 3 firmware is 8B25, while the AirPods Pro 2 and AirPods 4 firmware is 8B21, all up from the prior 8A358 firmware released in October. There's no word on what's include in the updated firmware, but the AirPods Pro 2, AirPods 4 with ANC, and AirPods Pro 3...
Tim Cook WWDC 2018

Report: Tim Cook to Step Down as Apple CEO 'as Soon as Next Year'

Saturday November 15, 2025 2:40 pm PST by
Apple is preparing for Tim Cook to step down as CEO of the company "as soon as next year," according to the Financial Times. The company's board of directors and senior executives "recently intensified preparations for Cook to hand over the reins," the report said. While the report said that Apple is unlikely to name a new CEO before its next earnings report in late January, it went on to ...
iPhone Pocket Short

iPhone Pocket Now Available to Order, But Already Selling Out

Friday November 14, 2025 6:20 am PST by
Apple recently teamed up with Japanese fashion brand ISSEY MIYAKE to create the iPhone Pocket, a limited-edition knitted accessory designed to carry an iPhone. iPhone Pocket is available to order on Apple's online store starting today, in the United States, France, China, Italy, Japan, Singapore, South Korea, and the United Kingdom. However, it is already completely sold out in the United...
apple silicon mac lineup 2024 feature purple m5

Apple's 2026 Mac Plans

Friday November 14, 2025 3:23 pm PST by
Most of Apple's Macs are slated to get M5 chips across 2026, and there's a possibility we'll even see the first M6 chips toward the end of the year. Updates are planned for everything from the MacBook Air to the Mac Studio. MacBook Air (Early 2026) The MacBook Air will be one of the first Macs to get a 2026 refresh, with an update planned for the first few months of the year. The MacBook...
best early black friday deals

Best Black Friday Apple Deals Live Now - Save on AirPods, iPads, and Apple Watches

Saturday November 15, 2025 1:45 pm PST by
We're officially in the month of Black Friday, which will take place on Friday, November 28 in 2025. As always, this will be the best time of the year to shop for great deals, including popular Apple products like AirPods, iPad, Apple Watch, and more. In this article, the majority of the discounts will be found on Amazon. Note: MacRumors is an affiliate partner with some of these vendors. When ...
tvOS 26 Profiles

tvOS 26.2 Adds a Useful New Feature to Your Apple TV

Friday November 14, 2025 10:02 am PST by
Starting with the upcoming tvOS 26.2 update, currently in beta, additional profiles created on the Apple TV no longer require their own Apple Account. In the Settings app on the Apple TV, under Profiles and Accounts, anyone can create a new profile by simply entering a name and indicating whether the profile is for a kid. The profile will be associated with the primary user's Apple Account,...
walmart new ornametns

Walmart Black Friday Deals Begin Today With Low Prices on Headphones, TVs, and More

Friday November 14, 2025 7:55 am PST by
Walmart's Black Friday sale has officially kicked off today, with an online shopping event that's also seeing some matching deals in retail locations. There are quite a few major discounts in this sale, including savings on headphones, TVs, and more. Note: MacRumors is an affiliate partner with Walmart. When you click a link and make a purchase, we may receive a small payment, which helps us...
CarPlay Pinned Messages

iOS 26.2 Adds New CarPlay Setting

Thursday November 13, 2025 6:48 am PST by
iOS 26 extended pinned conversations in the Messages app to CarPlay, for quick access to your most frequent chats. However, some drivers may prefer the classic view with a list of individual conversations only, and Apple now lets users choose. Apple released the second beta of iOS 26.2 this week, and it introduces a new CarPlay setting for turning off pinned conversations in the Messages...
homepod mini thumb feature

New HomePod Mini, Apple TV, and AirTag Were Expected This Year — Where Are They?

Wednesday November 12, 2025 11:42 am PST by
While it was rumored that Apple planned to release new versions of the HomePod mini, Apple TV, and AirTag this year, it is no longer clear if that will still happen. Back in January, Bloomberg's Mark Gurman said Apple planned to release new HomePod mini and Apple TV models "toward the end of the year," while he at one point expected a new AirTag to launch "around the middle of 2025." Yet,...