Originally posted on Mac Observer

 

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Shares in Apple Inc. traded higher Monday amidst a broader tech rally that helped propel the stock to close at US$205.88, a gain of 5.96 (+2.98%), on moderate volume of 16.9 million shares trading hands.  Read More →

Shares in Apple Inc. continued to fall Friday, as the stock pared another 4% of its value. As with yesterday’s 4% drop, the losses came amidst a broader sell-off, and this time it was Microsoft’s better-than-expected results that couldn’t prop up tech stocks.  Read More →

Shares in Apple Inc. continued to get hammered Friday, as the stock shed another 4.7% in very heavy volume. In the mid-afternoon session, AAPL was trading at $234.775, down $11.475 (-4.66%), on volume of 49.1 million shares trading hands, more than twice the normal volume of a full trading day.  Read More →

Analyst praise of Apple’s iPad wasn’t enough to prop up  the company’s stock, which dropped more than 4% Thursday.  Read More →

Shares in Apple Inc. shed more than 4% on Thursday in a broad market selloff sparked by concerns over a European financial crisis that’s been brewing for weeks. AAPL briefly dipped as low as $230.90 a share, but a late-session rally  resulted in a climb back to $246.25, down $9.735 on the day (-3.80%), on heavy volume of 45.3 million shares trading... 

Shares in Apple Inc. traded in record territory in Monday’s early afternoon session in the wake of a legal victory against would-be Mac cloner Psystar over the weekend. The stock was also buoyed by a general market rally led, in part, by a report from the U.S. Commerce Department showing retail sales in October grew 1.4%.  Read More →

Shares in Apple Inc. danced with $200 per share Tuesday, playing tag with that price throughout the trading day. In early afternoon trading, the stock was trading at $200.02, a gain of $1.79 (+0.90%) on light volume. The gains come amidst renewed rumors of an Apple TV subscription TV service from Apple, as well as a continued tech rally.  Read More →

Shares in Apple Inc. traded higher Tuesday after the company announced over the Memorial Day weekend that it had sold more than two million iPads in the first 58 days of availability.  The stock closed at US$260.83, up $3.95 (+1.54%), on moderate volume of 31.2 million shares trading hands. Memorial Day – Apple – IPad – Stock –... 

Google CEO Eric Schmidt said on Friday that there is no problem with his company and Apple sharing a board member, former Genentech CEO Arthur Levinson. According to Reuters, Mr. Schmidt said that the two companies easily passed regulatory tests regarding revenue overlap between companies that do share board members.  Read More →

Barclays Capital analyst Ben Reitzes has raised his price target for shares in Apple Inc. to $260 per share based on expectations for Mac, iPhone, and Apple’s as-yet unannounced tablet product for 2010. In a research note to clients obtained by The Mac Observer, Mr. Reitzes also raised earnings estimates for both fiscal 2010 and 2011.  Read More →

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