John Paczkowski

Recent Posts by John Paczkowski

A New All-Time High For Apple

Apple is burning up the NASDAQ this week. After hitting a record high of $411.63 on Monday, shares in the company set a new one today. They opened at $415.35 and hit a record high of $422.86 by midday before closing at $413.45. Impressive. Apple shares have risen nearly 50 percent in the last 12 months and more than 10 percent since Steve Jobs stepped down as CEO.


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I think going public today is almost like a Bataan death march. I think Wall Street — this will insult many people — but I think in many ways it bears a resemblance to organized crime. It is legal today what they do, but what they do is manifestly unfair.

— Roger McNamee of Elevation Partners, in conversation with Bloomberg Television’s Margaret Brennan