Apple shares hit all-time high | iLounge News

2014 iPad iPhone iPod Buyers' Guide from iLounge.com

News

Apple shares hit all-time high

Author's pic

By LC Angell

Contributing Editor
Published: Thursday, November 16, 2006
News Categories: Apple

Apple shares hit an all-time high today, helped by an upbeat analyst note about holiday iPod sales. Shares of Apple rose $1.56 to $85.61 on the Nasdaq Stock Market, reaching an all-time closing high. The stock was boosted by a report from Piper Jaffray analyst Gene Munster that said Apple could sell as many as 14 to 15 million iPods this quarter. “While it is way too early to make a call on December quarter iPod results, we have analyzed the first month of NPD data (October) for the quarter and found that it suggests iPod units of 14-15 million,” Munster said in the report.

« Jonathan Ive awarded Honorary Doctorate

Reversible camo sleeve for 5G iPods offered »

Related Stories

Comments

1

no, this is not an all time high.  I am a shareholder, and I remember in January/February, after the intel macs debuted 6 months ahead of schedule, the stock jumped up to around 86.5 (correct me if I am wrong)

According to who is this the all-time high?  Nasdaq or iLounge?

Posted by Brad Allenick on November 16, 2006 at 5:41 PM (PDT)

2

i think they mean all-time closing high, it reached 86.5 but did not close at that high.  I was confused too when I first read this.

Posted by khyber on November 16, 2006 at 5:44 PM (PDT)

If you have a comment, news tip, advertising inquiry, or coverage request, a question about iPods/iPhones/iPad or accessories, or if you sell or market iPod/iPhone/iPad products or services, read iLounge's Comments + Questions policies before posting, and fully identify yourself if you do. We will delete comments containing advertising, astroturfing, trolling, personal attacks, offensive language, or other objectionable content, then ban and/or publicly identify violators.

Commenting is not available in this section entry.

Email:

Recent News

Recent Reviews

Recent Articles

Shop for Accessories: Cases, speakers, chargers, etc.