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Boot Camp boosts Apple's stock 8%
It seems that the geeks like you and me aren't the only ones excited about Apple's release of Boot Camp. This morning, Wall Street demonstrated a bit of support, too, as Apple stock rose 8% in early trading. True, it's just the beginning of the day, but we'll see what happens. I'm going to guess that, when this is built into the OS, it means increased Mac sales. This year's World Wide Developer's Conference should be a good one.
Apple's stock looks down, loses balance
Well, it was bound to happen: Apple's stock, after years of joyously ascending in a fashion worthy of the New Testament, has finally reacquainted itself with the wonders of gravity and the venerable cliché, "What goes up must come down." The share price fell over 5% today, closing at $67.30 -- a two-month low for the company whose stock was kicked out of Willy Wonka's factory for sneaking a sip -- or, as the situation would suggest, a chug -- of the infamous Fizzy Lifting Drink. Sources cite the recent surge of iPod/iTunes-related lawsuits, a fear that Intel Mac adoption would be slower than expected, and the belief that Apple's market value was just a teensy bit inflated as the reasons for the drop. But some analysts -- like our favorite Gene Munster -- say Wall Street's worries are unfounded, and believe Apple will keep its years-long momentum on track.Personally, I just see this as an excellent buying opportunity. Apple will only sell more Macs and more iPods, despite what they say about expectations -- and aiming low but hitting high is always better than aiming high and shooting your foot.[via MacObserver]
Apple stock leaps 6% following keynote
With Steve's voice still echoing from the stage at the Moscone center, Apple's stock climbed 6% to $81.89 by the early part of this afternoon. It would appear that Mac fans weren't the only ones impressed buy the new hardware and successful holiday shopping season. I'd say things are going well in Cupertino.[Via Macenstein]
Apple stock hits 52 week high
There's good news for Apple shareholders. Apple stock went up more than 5% today, reaching a 52 week high of $48.81 at one point. The increase could be in anticipation of the big announcement scheduled for tomorrow's "media event."
