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AAPL - Apple, Inc. Closes at Record High

10 January 2007

Today AAPL - Apple, Inc. closed at a record high of $97.00 with an intraday high of $97.80. My next target for them is $120 which I think they could hit during this quarter. I also think they will announce a stock split sometime after their next earnings announcement which is scheduled for next Wednesday, January 17, 2007 after the market closes.

Apple’s last stock split announcement occurred on February 11, 2005 with a closing price that day of $81.21. The payable date for that stock split was 2/28/05. They closed that day at $88.99. Apples closing price today of $97.00 makes it more than a double from that point in time (23 months). 


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