Analysts: AAPL stocks could climb higher.
April 21st, 2008
More good news (after Friday’s good news) on the price of AAPL.
Today was a great day, with the Apple’s stock price jumping a few dollars before they release their quarterly statement later this week.
MarketWatch.com says Apple’s statement will be one of the most “greatly-anticipated”:
Since Apple gave its update, the stock has mounted a comeback, rising more than 16% to almost $162 as feelings have grown more positive about the odds that the company will soon release a third-generation, or 3G version of the iPhone, and that sales of Macintosh computers will continue to rise.
Reports of the “imminent” 3G iPhone have been coming at us non-stop for the past few weeks – just in time to satisfy my iPhone fast (as in food, not speed).
And just think: Apple’s stock price at the close of the day they killed the Newton? A bit over $23. My, how far we’ve come.
According to Appleturns.com, the crash we saw in January is something that happens almost every time Apple announces a super quarter. Weird, huh?
Forbes.com quotes an analyst that brags the 10 million iPhone number will be no problem – which is good, because iPod interest may be slacking off. Except for the iTouch. That still has “steady demand.”
Even Dell is doing better than expected, after the doom-and-gloom story of its stock price for the past year.
So a good day for technology, and a better day for a guy who was scared his pre-Macworld experiment would crash and burn. It’s nice that investors, even with the economy tanking, feel that just about anything Apple touches is still lust-worthy. Macs are taking off like we’ve always hoped. iPhones are just as popular as we dreamed.
And the stock price? Well, it may just hit $190 after all. I have no experience or expertise in investing or stock prices, but I know hope when I see it.
