Apple 2.0

Covering the business that Steve Jobs built

Chart of the day: Apple shares are still up nearly 29% this year

December 24, 2012: 2:05 PM ET

Which is more than you can say for most of Apple's competitors -- or the S&P 500

Screen Shot 2012-12-24 at 1.13.35 PMFORTUNE -- Despite the three-month-long drubbing that lopped $248 billion (26%) off Apple's market cap, its shares are still up 28.39% for the year.

In fact, many analysts believe those gains are the primary reason the stock fell from its all-time intraday high of $705.07 in late September to Christmas Eve's close of $520.17. Investors hoping to take their profits before possible changes in the capital gains tax rates didn't have that many places to turn. In fact, of the major U.S. tech companies, it's likely that only Apple and Microsoft will end the year in positive territory.

Here's where the big five stand:

Apple (AAPL): +28.39% for the year
Microsoft (MSFT) +4.24%
Intel (INTC) -14.89%
Dell (DELL) -30.01%
Hewlett Packard (HPQ) -45.6%

The S&P 500 -- up 16.3% for the year -- did better, but not as well as Apple.

One tech stock that did do better is Samsung, up 33.6% on the Korean Stock Exchange.

Join the Conversation
About This Author
Philip Elmer-Dewitt
Philip Elmer-DeWitt
Editor, Apple 2.0, Fortune

Philip Elmer-DeWitt has been following Apple since 1982, first for Time Magazine, and now on the Web for

Email | @philiped | RSS
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe
Powered by VIP.