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For the 11 months completed so far in 2007, it seems Apple has no way to make a mistake. This year, Apple introduced the iPhone, new iMacs, a new iLife suite, new iPods (crown among them the iPod Touch,), not to mention a major OS update. They were also involved in a stock options backdating scandal, in which CEO Steve Jobs was implicated but did that drive prices own at all? Nope.
Since January 2007, Apple stock has risen more than 125%, over $100 per share, making Apple shareholders expect a split, given the current per share price of $194. Going into the new year, with expectation of an ultra thin ultra light sub-notebook, AppleTV 2.0, iPhone with 3G, heck, maybe even an iTablet, it doesn’t seem like there’s much that can bring Apple down. Plus, Apple has a vast amount of money just sitting around, $15.4 billion to be exact. Perhaps there’s something even bigger coming from that money that could jack the stock higher. Only time will tell, but for now it’s safe to say that any Apple shareholder is fairly happy, for now.
Via [Blogging Stocks]
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