The stock market delivered a great post Christmas present to Apple Inc shareholders today. Just before 2:00PM EST, Apple shares hit $200 a share for the first time. With the Mac selling like never before, iPods continuing to sell like gangbusters, and the iPhone doing well, Apple stock has more than doubled in value this year. With the Stevenote just a few weeks away, there is no telling what the stock will do in the short term. For the past few years Macworld has brought a short term spike in the stock price.
If you are an Apple shareholder, Apple has definitely brought joy this year. 2007 has been a banner year for Apple and their shareholders. Who knows what 2008 will bring?
Disclosure: I own an insignificant number of Apple Inc shares.
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