Wednesday, December 26, 2007

Santa's present for Real Steve: AAPL $200

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Post-holiday investor confidence in Apple's end-of-year performance appears to be high. Way high. Like, all time crazy high. Witness today's intraday price peak for AAPL, rising above $200/share for the first time.

There may be more upside to come with the quarterly numbers. Shaw Wu of ATR as quoted by the AP: "It's looking like Apple's most optimistic guidance in eight quarters [forecast sales of $9.2 billion and profit of $1.42 a share] is turning out to be conservative after all." What more is there to say? Well, one more thing: Your Mac Life is offering a chance to win a single share of Apple stock if you pick the day it first closes above $205. Fun!

disclaimer: I hold AAPL shares.
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