Wednesday, November 22, 2006

Apple shares close at all-time high | News.blog | CNET News.com

But still only a mkt cap of ~50% GOOG... 

Apple Computer shares reached an all-time high Tuesday, rising $2.13, or 2 percent, to close at $88.60.

Investors seemed to be responding to analyst predictions that 14 million iPods will be sold in the current fiscal quarter. They could also be anticipating the announcement of the oft-rumored Apple cell phone, nicknamed the "iPhone" and lately the subject of much speculation by bloggers, analysts, and more recently, gamblers.

Source: Apple shares close at all-time high | News.blog | CNET News.com

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