Apple Stock Price Touches $400 During Standard Trading

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macrumors bot
Original poster
Apr 12, 2001
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Apple's stock price today briefly touched $400/share during standard trading hours for the first time ever, before falling back slightly to close at $398.50 today. The 52-week, and thus all-time, high is currently $400.00 exactly.

The most likely cause for the 'bounce' off the $400 ceiling are sell limit orders -- semi-permanent orders to sell a certain stock at a certain price. In this case, the $400 level is psychologically significant and a comparatively high number of limit orders would execute at this price.

As a result, the stock hits $400 and "bounces" down again. It appears in the chart above that AAPL nearly breached $400 at 12:54PM and 2:22PM.

AAPL briefly broke through the $400 barrier in extended-hours trading last week, but this was the first time it touched $400 during the standard 9:30-4 trading day.

Article Link: Apple Stock Price Touches $400 During Standard Trading
 

macosxuser01

macrumors 6502a
Jan 10, 2006
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Sacramento, CA
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I remember telling my parents to buy AAPL stock when I was like 15 when it was $80 dollars a share. iTunes was a year old and just bought my 3rd generation iPod 15gb. But they waited too long and never did till like 3 years ago...True story
 

dukebound85

macrumors P6
Jul 17, 2005
18,136
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I remember telling my parents to buy AAPL stock when I was like 15 when it was $80 dollars a share. iTunes was a year old and just bought my 3rd generation iPod 15gb. But they waited too long and never did till like 3 years ago...True story
You realize iTunes have been out since before OSX right? more than 11 years ago (and Apple then was no where near 80)....or did you mean the ITMS?
 

nylonsteel

macrumors 6502a
Nov 5, 2010
924
90
ho hum - yawn
aapl has another blow out quarter
the stock touches 400
yawn
wake me up when she splits 4 to 1
getting bored watching my aapl stock rise with the rest of the tide
anyway thanks aapl for making my worth a bit fatter
 

SalientSilence

macrumors newbie
Dec 26, 2010
2
0
I bought my brother a share of Apple stock in the year 2000 from "oneshare.com" (They give you a nice wooden plaque go with it, etc). Funny to think that $30 or so of stock I bought him is now worth almost $800. (It split once since 2000 I think).
 

neuropsychguy

macrumors 65816
Sep 29, 2008
1,270
1,884
yeah, are most experts claiming right now that aapl will level out around $430?
Apple stock is up almost $70 in the past few weeks. If you could afford even 50 shares (<$17000), you could have made a few thousand dollars in a few weeks. Even if Apple shares top out at $430 and you get in at $400, you can make $30 a share (7.5% ROI). That's not amazing but loads better than bonds or savings interest. Of course, you run the risk of Apple stock dropping down but that's a risk any stock has.
 

Battlefield Fan

macrumors 65816
Mar 9, 2008
1,063
0
Apple stock is up almost $70 in the past few weeks. If you could afford even 50 shares (<$17000), you could have made a few thousand dollars in a few weeks. Even if Apple shares top out at $430 and you get in at $400, you can make $30 a share (7.5% ROI). That's not amazing but loads better than bonds or savings interest. Of course, you run the risk of Apple stock dropping down but that's a risk any stock has.
Stocks are a long term investment. I believe one of the best in the business, waren buffet, was quoted as saying he would never buy a stock that he wouldn't feel comfortable having for 10 years.

Again, its the stock market so who knows!
 

minik

macrumors 65816
Jun 25, 2007
1,257
63
Bellevue, WA
Back in 1999, I told my dad to buy some Apple stock. He never appreciated Apple/Steve Jobs, so he ignored me and bought some other stocks. A day before Macworld 2009, I decided to jump in as my first experience on the stock market. :cool:
 

theheadguy

macrumors 65816
Apr 26, 2005
1,122
1,323
california
On a semi-related note, I'm very interested to see how this particular stock performs if the debt ceiling isn't raised. Obviously, chances are the ceiling will be raised before the alleged financial armageddon, but still, I would love to see how AAPL would react!
 

AppleDroid

macrumors 6502a
Apr 10, 2011
631
84
Illinois
I will forever be regretful that I was in my teens/early 20's, and broke, when Apple stock was at it's major low. Oh to have a time machine.
 

pyro008

macrumors 6502
May 23, 2011
280
0
Buying stock in a company because you like their products is not exactly the most sound financial advice.
 

Masterotas

macrumors newbie
Apr 20, 2011
7
0
I lost out on close to 300k in profits. I wanted to buy apple when it was $80 a share, and my dad thought it was a bad idea, and too risky. I want my Ferarri!!! I bought like 200 shares at $300, with some of my college money, and It's nice being up 50%, but it's still not the same as 500% :(

Apple to $1500 :D Come on 1.2trillion Market Cap!!!
 
Last edited:

wilhoitm

macrumors 6502
Jul 22, 2002
343
80
Michael Dell Quote

The year is 1997.

When it comes to the state of Apple Computer...

At the Gartner Symposium and ITxpo97, Michael Dell, the CEO of competitor Dell Computer added his voice to the chorus when asked what could be done to fix Apple Computer.

"What would I do? I'd shut it down and give the money back to the shareholders," Michael Dell said before a crowd of several thousand IT executives.

The year is 2011.

Dell market capitalization - 32.31 Billion
Apple market capitalization - 369.37 Billion
 

BigJayhawk

macrumors regular
Jan 8, 2003
222
114
New Jersey
Uh, HELLO . . .

Buying stock in a company because you like their products is not exactly the most sound financial advice.
Perhaps not -- BUT -- buying stock in a company because the whole FRICKIN' WORLD like their products is EXACTLY the most sound advice. Hmmm???
 

kk08053

macrumors newbie
May 16, 2008
16
0
more than that!

Or, just buy it in Dec 1997 when it was $3.28 a share (it was a little cheaper at times in the 80s though). $10,000 invested then would be worth over $1.2 million now!
Actually, considering that the stock has split twice since then it would actually be worth closer to $5 million....ugh i almost pulled the trigger on buying about 1000 shares a little after Jobs came back to the company but i chickened out.
 

Hulk12

macrumors newbie
Jul 23, 2011
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Lol man how must those words taste now DELL
 
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