Apple shares top $200 for the first time

By on December 26, 2007, 7:54 PM
It’s been a great year for Mac fans and Apple. The company released its much-anticipated iPhone in June and refreshed its line of notebook computers and the entire iPod line during the year – adding a new member to the family, the iPod touch. It also hit a number of milestones in 2007 including its 100 millionth iPod sold in April, followed by its 3 billionth iTunes song in June, and just today, the company’s stock has hit the $200 mark for the first time.

Apple shares have traded between $76.77 and $199.33 in the past year, rising steadily since January. And luckily for Apple, 2008 continues to look bright with its notebooks ranked among the top-selling computers at Amazon.com during the Christmas shopping season, and rumors of an upcoming 3G version of the iPhone and a $1,500 NAND flash-based sub-notebook. That said, expectations for Macworld are often so high that a failure to launch an earth-shaking product in January could dent Apple’s stock price.

Add New Comment

TechSpot Members
Login or sign up for free,
it takes about 30 seconds.
You may also...
Get complete access to the TechSpot community. Join thousands of technology enthusiasts that contribute and share knowledge in our forum. Get a private inbox, upload your own photo gallery and more.