The rise actually occurred in after-hours trading yesterday after the earnings released. It actually dropped a couple of bucks from its opening today (and it's down another $2.50 in after-hours trading today). But yes, it's their highest close ever. Even the great AAPL plunge of 2000 is a mere blip in the stock chart now.
Ahh, if only I had had the money to invest in it back when it was $36...
On the other hand, this speaks well for the company, and for the continual challenged to the "old" way of computing (Wintel). Apple is now more than ever a viable competitor, and this week's financial results along with this great increase in stock value, are testaments to that.
Probably not. The jump was less than 7%, which is a lot, but unlikely to be a record move. Seems to me it rose closer to 10% after last quarter's results. AAPL surpassing the market cap of IBM is interesting though.
I thought it was just a fluke when it passed Dull's for a day. Then it blew past it. But then Dull is just an over glorified clone-meister.
This time it's IBM.
Wasn't it just yesterday when the doom-sayers were predicting that the IBM PC, IBM PC Jr and that Charley Chaplain clone were gonna drive Apple into oblivion? (Yeah, I know, IBM abandoned PCs long ago.)