52-week high

Apple Nearing Wal-Mart’s Market Cap

John Paczkowski in News on March 24, 2010 at 7:51 am PT

Apple’s shares have been on a tear following the announcement of the iPad, and with the device nearing its market debut, they’re rising to new heights. As I write this, Apple shares are trading at $229.45, a fresh 52-week high and a new all-time high as well. Apple today has a market cap of $207.99 billion. That places it fourth on a list of the Top Five publicly traded U.S. companies–just below Wal-Mart.

Another Holiday Blowout for Apple?

John Paczkowski in Mobile on December 28, 2009 at 5:15 am PT

“We’re thrilled to report our best quarter ever.” Apple CEO Steve Jobs has uttered those words or some variation of them after many of the company’s holiday quarters. This year will be no different if analysts are to be believed.

Eight Percent Decline in Apple Shares Best Ignored

John Paczkowski in News on December 9, 2009 at 4:30 am PT

On Nov. 16, Apple shares hit a 52-week high of $208.70. Two weeks later and they’re trading under $190. That’s an unsettling eight percent decline. But according to Piper Jaffray analyst Gene Munster, it’s no cause for concern.

Oy Vey eBay

John Paczkowski in News on October 21, 2009 at 1:56 pm PT

Though eBay reported a 29 percent drop in profit for its third quarter Wednesday, the company did deliver revenue that was reasonably higher than Wall Street’s expectations. Not that it mattered much. Investors took eBay out to the woodshed anyway, beating its shares down seven percent in after-hours trading.

iPhone to Make Apple’s 52-Week High a 52-Week Low

John Paczkowski in News on September 16, 2009 at 7:10 am PT

Apple’s latest 52-week high is well on its way to becoming a 52-week low. In a research note to investors this week, Charlie Wolf of Needham & Company lifted his price target on Apple to $235, from $200, largely on the merits of the iPhone and the iTunes App Store.

Emulex to Broadcom: You Call That Thing an Offer?

John Paczkowski in News on May 4, 2009 at 11:07 am PT

Emulex dissed and dismissed an unsolicited bid from Broadcom this morning saying it “significantly undervalues Emulex” and is not in the best interests of shareholders. In a blistering letter appended to the rejection announcement, Emulex CEO Paul Folino described Broadcom’s unsolicited $9.25-a-share cash takeover offer as “an opportunistic attempt to take advantage of Emulex’s depressed stock price” in a souring economy.

And to Think They Used to Trade at $741…

John Paczkowski in News on March 9, 2009 at 11:41 am PT

If Google shares drop any further, the company may have to reprice its employees’ underwater stock options a second time. Google shares slipped below $300 on Friday and remain there today, trading at $292 as I write. That’s less than half their 52-week high of $602.45.