Apple passes $200, care to take a bite?

December 26th, 2007 | Category: Market Matters, Major Movement

Bravo to all those Apple Inc. (NASDAQ: AAPL) shareholders that were looking for the share price to pass $200 that year, considering today it did just that! The stock reached $200.96 just before 2:00 PM EST.

I can just picture my colleague Georges Yared smiling at the news since he has been the most fervent Apple supporter. I’m certain one of our frequent commenters “Beltway Greg” is patting himself on the back at his huge sign. Both of them envisioned that milestone as realistic, although perhaps not so soon.

Greg

even wanted to bet me that Apple would reach the $200 mark within a twelve month period. whether memory serves me right he not only would have won the bet, but done so six months early. Apple closed on the 24th at $198.80 and is up pennies nowadays after trading in a $4 range all through the day.

Continue reading Apple passes $200, care to take a bite?

Original post by Sheldon Liber

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