Take away the crash of 2008, and you can see Apple's share price go up $100 every year
Terry Gregory, who collects what he calls "useful stats" at AAPLInvestors.net, has created the chart at right that shows the year-over-year percentage increases in Apple's (AAPL) share price every month for the past five and half years, starting with January 2006.
Investors troubled by the stock's lackluster performance in the winter and spring of MORE
Philip Elmer-DeWitt - Jul 10, 2011 6:19 AM ET
There's a seasonality to the company's share price. So beware those January 2012 calls.
With the usual caveat that past performance is no guarantee of anything, two recent reports have uncovered interesting patterns in Apple's (AAPL) share price.
Two weeks ago on Seeking Alpha, Jason Schwarz documented a weekly cycle of Monday lows and Thursday highs. Over the past 32 weeks, he reports, Apple's share price has fallen from Friday to Monday MORE
Philip Elmer-DeWitt - Jun 27, 2011 12:09 PM ET
In a rare 1997 Q&A, Steve Jobs talks about killing products, taking lumps and saying "no"
I don't known where he found it, but a YouTube user who calls himself superapple4ever has put his hands on a video of Steve Jobs doing a Q&A at the end of Apple's (AAPL) 1997 Worldwide Developers Conference -- his first after he returned to the company.
The full video, posted here, runs for more than MORE
Philip Elmer-DeWitt - Jun 17, 2011 12:37 PM ET
Exploring the mysteries of what the analysts call "multiple compression"
When Apple's (AAPL) shares responded to the news out of the company's developers conference by closing the week at $325.90 -- their lowest level since last December -- I thought I'd take a look at how last Friday's stock price compared with the 12-month price targets Wall Street's analysts posted exactly one year earlier, after the conference that introduced the iPhone MORE
Philip Elmer-DeWitt - Jun 14, 2011 11:02 AM ET
Steve Jobs may not care about his company's stock price, but someone in Cupertino does
Here's a piece of Apple (AAPL) keynote trivia spotted by a keen-eyed member of Investor Village's AAPL Sanity board who calls himself the silver_Fox.
At the 45:11 mark in Monday's Worldwide Developer Conference keynote presentation, in the middle of Scott Forstall's canned demo of iOS 5's new notification feature, a stock ticker popped up that showed Apple MORE
Philip Elmer-DeWitt - Jun 12, 2011 10:52 AM ET
New evidence suggests that since last summer the tail has been wagging the dog
If you're any kind of Apple (AAPL) investor, you should be aware of the chart at right, even if you don't know a put from a call and don't really care to.
It shows the value in millions of dollars as of Wednesday morning of the outstanding Apple options that expire this Friday, with the magenta bars representing MORE
Philip Elmer-DeWitt - May 18, 2011 7:36 AM ET
If you're looking for evidence of manipulation, Friday's close was picture-perfect
"The easiest way to think of options," wrote The Market Skeptics's Eric deCarbonnel in a prescient 2009 post, "is as a type of insurance. Investors pay a premium to protect themselves against sharp swings in the market. If these sharp swings don't happen, those selling options (option market makers) keep the premiums as profit."
"In a legitimate free market," he continues, "every MORE
Philip Elmer-DeWitt - May 15, 2011 9:32 AM ET
There's something very fishy about the weekly options market. Is it time to reel in the bad guys?
It was 3:48 p.m. on Friday April 29 and traders who had purchased Apple (AAPL) April 29 $350 "calls" -- options that gave them the right to buy Apple shares in blocks of 100 for $350 per share -- were sitting pretty. The stock was trading around $353.50 and those calls were worth MORE
Philip Elmer-DeWitt - May 12, 2011 1:00 PM ET
Trading in the company's shares Monday was slower than it's been since New Year's Eve, 2010
Apple (AAPL) has been trading in a narrow band this year -- to the undying frustration of investors who think the stock's price ought to reflect the company's breakneck earnings growth (EPS up 75%, 68%, 75% and 92%, respectively, over the past four quarters).
Apple's trading volume, by contrast, is as changeable as a baby's bottom, MORE
Philip Elmer-DeWitt - May 10, 2011 8:09 AM ET
After six years and an eight-fold increase in share price, maybe it's about time
On Feb. 28, 2005, with Apple (AAPL) trading at $88.99 a share, the company issued a 2:1 split. The stock closed that day at $44.86. Within a year it was once again selling for more than $80 a share.
At The Mac Observer's Apple Finance Board, where the question of whether Apple is about to split has come MORE
Philip Elmer-DeWitt - Feb 9, 2011 6:07 AM ET