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AAPL Stock: 100.86 ( 0 )

Printed from http://www.macnn.com

Apple shares rally to all-time high

updated 02:10 pm EDT, Mon September 26, 2005

Apple shares rally

Apple shares today rallied two-percent to reach on Apple based on its analysis of the 4-gigabyte iPod nano, stating that the 4G nano could be Apple's "key product" into 2006, with many stores struggling to keep the devices in stock.




by MacNN Staff

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  1. Zaren

    Joined: Dec 1969

    0

    Sell, sell!

    Man, I could have made a nice little profit if I'd just managed to hold onto my AAPL for two more years instead of cashing it in at a loss when I needed the money to cover the mortgage. Ah well, c'est la vie...

  1. umijin

    Joined: Dec 1969

    0

    Key Product?!

    It would have been a key product, except for the defective screen coating on the nanos. This is a serious problem that Apple needs to address immediately, or people will stop buying it when the word gets out.

    And, yes, I've experienced this nonsense first hand after having my nano in my shirt pocket (empty!) a couple of hours. What a disappointment.

  1. cebritt

    Joined: Dec 1969

    0

    Hot diggity dog!

    I'm sure glad I hung onto my stock through those years when I was upside down. I'm in at $12.50 ($25 pre-split)...

  1. RAVH

    Joined: Dec 1969

    0

    Sorry

    I stuck with my Apple stock after that big crash and I am glad I did. I never would have thought that it would bounce back like it has.

  1. HCRefugee

    Joined: Dec 1969

    0

    s**** all time highs...

    Motorola's CEO Ed Zander, jumping from the frying pan into the fire, was heard to mutter: "s**** Apple's stock price. What the h*** does the stock do? Who cares about a stock price target of $58? People are going to want stock that can do more than just keep climbing!"

  1. Eriamjh

    Joined: Dec 1969

    0

    See other article...

    I thought it was Apple's latest "cube".

    The media sucks a**. They just make up sh*t and call it news.

  1. Cubester

    Joined: Dec 1969

    0

    "latest cube"??

    Actually, the Cube was one of Apple's greatest achievements. Beauty, silence, form factor, power. One could argue ADC reduced cable clutter. The problem was marketing and price. It was marketed and priced for power users, but lacked expandibility. The mini doesn't quite stand up to the cube for power or elegance, but the price and marketing make much better sense.

  1. Makosuke

    Joined: Dec 1969

    0

    Mmkay...

    Here we have a bunch of generally clueless analyists drastically raising their predictions for Apple stock based largely on the Nano and calling it things like "key product of 2006", while other equally clueless analyists and pundits are claiming it's already destined to be a dud.

    All in the same day, no less, and all about 3 WEEKS after the thing hits the market. Where the heck does this disconnect come from? Are all these people just making stuff up, or only half of them are (making it up, or publically fantasizing about an Apple failure, perhaps).

    I'm also curious if the Nano screen is really so horribly fragile--the guys at Ars tried sitting on one and claimed it didn't sustain any noteworthy scratches until they threw it out the window of a moving car onto asphalt. Maybe they got lucky, but when they clam it takes being hurled out the window of a car doing 50mph to break the thing, I wonder if a couple of very unlucky consumers aren't making more of a stink than is deserved just because they're personally cheesed off.

    For comparison was the whole non-issue with early iPod batteries (anyone who knows anything at all about batteries is aware of their finite lifespan, and it holds true for any portable electronics, after all) which was quite public yet didn't do any noticable damage to sales. A faulty screen would obviously be a more "real" issue than the battery deal, since it'd be different from the norm, but will a few annoyed folks really damage sales that much?

    (Not to mention that, if there is an issue, Apple will probably resolve it before Christmas buying gets into full swing anyway--the consumer market takes longer to get rolling than bleeding-edge computer buyers like to think, after all, so the real sales success or failure of the Nano won't be apparent until months from now. Making all these predictions all the more ridiculous)

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