AAPL breaks $89/share (briefly)

Discussion in 'General Mac Discussion' started by wrldwzrd89, Feb 16, 2005.

  1. wrldwzrd89 macrumors G5

    wrldwzrd89

    Joined:
    Jun 6, 2003
    Location:
    Solon, OH
    #1
    According to the chart here, Apple's price per share exceeded $89 at one point in the day. This must be a new high. The last time I checked it, it was at $88.88 :p
     
  2. SteveC macrumors 6502

    Joined:
    Jul 7, 2003
    #2
    There was a split recently, right? When does that take effect in the price?
     
  3. wrldwzrd89 thread starter macrumors G5

    wrldwzrd89

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    #3
    February 28, 2005 is the date AAPL will start trading at the split-adjusted price.
     
  4. kwajaln macrumors 6502

    kwajaln

    Joined:
    Sep 18, 2004
    Location:
    CHICAGO!
    #4
    SPLIT: Feb 28th for those who purchase AAPL stock on or before Feb 18th!

    P.S. I already had AAPL, but on the split news bought 75 shares for my Mom on Friday. Those closed today up $699.75, from Friday!! :D :D
     
  5. wrldwzrd89 thread starter macrumors G5

    wrldwzrd89

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    Jun 6, 2003
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    #5
    $699.75, eh? You mean the combined value of all your shares, just the 75 shares you bought, or the share price (which isn't possible, even after adjusting for previous stock splits)? :confused:
     
  6. bousozoku Moderator emeritus

    Joined:
    Jun 25, 2002
    Location:
    Gone but not forgotten.
    #6
    It closed at $90.13 today. So much for my prediction that it would probably exceed $55 after a year of G5 iMacs. :D
     
  7. Daveway macrumors 68040

    Daveway

    Joined:
    Jul 10, 2004
    Location:
    New Orleans / Lafayette, La
    #7
    Me and my mom got in at $46 when it was starting to bulid up, sold at $60, then bought back 150 shares a few days later at $64. As you can probably tell we are VERY happy people. :p :D :cool: My mom and her boss were dancing in their office when they announced the split. lol.

    Actually, it closed at $90.13 today not $89. By next week we will have 320 shares!
     
  8. Daveway macrumors 68040

    Daveway

    Joined:
    Jul 10, 2004
    Location:
    New Orleans / Lafayette, La
    #8
    Darn, beat me to it. (Hail, defeat to o' great new moderator) :p
     
  9. wrldwzrd89 thread starter macrumors G5

    wrldwzrd89

    Joined:
    Jun 6, 2003
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    #9
    I checked it this morning, and it was at $88.88, and had been above $89...hence the thread. I didn't realize it closed above $90!
     
  10. SteveC macrumors 6502

    Joined:
    Jul 7, 2003
    #10
    Right now (and for the past "many" months) Apple has to be the most obvious stock to buy... in history. ;)

    OK maybe not in history but it seems like such a no-brainer lately....yes?
     
  11. Hoef macrumors 6502a

    Hoef

    Joined:
    Jul 11, 2004
    Location:
    Houston, TX..... (keep walking)
    #11
    Arghhh twice as high as my earlier estimates ..... $45. Nice!!!
     
  12. Windowlicker macrumors 6502a

    Windowlicker

    Joined:
    Feb 17, 2003
    Location:
    Finland
    #12
    Yeah this is incredible! But does the stock price actually tell that much about how much money they're getting at Apple? Isn't it more about predictions and such?

    Anyway, now I believe the $100 by the end of the year isn't impossible, but likely.
     

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