Friday, January 20, 2012

Chart of the Day - Apple (AAPL)

The "Chart of the Day" is Apple (AAPL), which showed up on Wednesday's Barchart "All Time High" and the "Gap Up" list. Apple on Wednesday posted a new all-time high of $429.47 and closed up 1.04%. TrendSpotter has been Long since Dec 23 at $403.33. In recent news on the stock, WSJ on Wednesday reported that Apple's computer use is growing in corporate offices. Piper Jaffray on Tuesday lowered its Q4 MAC sales estimates but that was offset by strong iPhone sales, leading Piper Jaffray to reiterate its Overweight rating on Apple. Apple, with a market cap of $390 billion, designs, manufactures and markets personal computers and related personal computing and communicating solutions for sale primarily to education, creative, consumer, and business customers.

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1 comment:

  1. AnonymousJanuary 25, 2012 at 3:50 PM

    30+ is easy on patent settlement . Check out

    http://yourstockhelp.com/p/Result/TabPagesResult.aspx?t=AAPL&c=15

    http://fosspatents.blogspot.com/search/label/Apple

    i do not think we will see any impact of Steve not being CEO for next 5 years.

    ReplyDelete

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