Apple Shares Close at New High of $88.60

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Date: Monday, November 27th, 2006, 08:38
Category: Uncategorized

Shares of Apple Computer, Inc. closed at an all time high last Tuesday, rising $2.13 or two percent to close at $88.60 per share.
Investors seemed responsive to recent analyst predictions that 14 million iPods will be sold within the current fiscal quarter. Speculation has also risen about an upcoming Apple cell phone, nicknamed the “iPhone”, which could be on the horizon.
Shaw Wu of American Technology research commented that while the “iPhone” is a favorite topic of analysts, bloggers and Apple fans alike, it would still be in the development phase. A clear release, or even an announcement date, would be impossible to predict, according to analytical firm MarketWatch.
Apple’s current stock price stands at $92.75 in Monday pre-market trading according to Yahoo Finance and can be easily tracked via Stimpsoft’s free AAPL Stock Dock program.


Shares of Apple Computer, Inc. closed at an all time high last Tuesday, rising $2.13 or two percent to close at $88.60 per share.
Investors seemed responsive to recent analyst predictions that 14 million iPods will be sold within the current fiscal quarter. Speculation has also risen about an upcoming Apple cell phone, nicknamed the “iPhone”, which could be on the horizon.
Shaw Wu of American Technology research commented that while the “iPhone” is a favorite topic of analysts, bloggers and Apple fans alike, it would still be in the development phase. A clear release, or even an announcement date, would be impossible to predict, according to analytical firm MarketWatch.
Apple’s current stock price stands at $92.75 in Monday pre-market trading according to Yahoo Finance and can be easily tracked via Stimpsoft’s free AAPL Stock Dock program.

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