FORTUNE -- On Saturday, Apple (AAPL) closed its books on 2013 with shares down nearly 30% year over year.
As harrowing as fiscal '13 was for anyone holding the stock, long-time investors have been through worse. The company has made a lot of people very rich, but with Wall Street never sure if Apple's best days are behind it, its valuation can turn on a dime.
The stock's greatest hits include:
That's as far back as my memory of the share price goes. If you've seen worse, let me know.
Apple posted record quarterly sales and got a one-day bounce in the stock market. Amazon posted its third quarterly loss in a row and hit an all-time record high.
FORTUNE -- In November, the last time we compared Apple's (AAPL) and Amazon's (AMZN) price-to-earnings ratios -- the simplest and most widely used metric to gauge the relative value of a pair of stocks -- Apple's trailing PE was 13 and Amazon's was MOREPhilip Elmer-DeWitt - Jul 29, 2013 5:08 AM ET
With weekly option expirations, trading in Apple tends to get weird at the end of the week
FORTUNE -- What was the significance of those long red vertical lines in Apple's (AAPL) 60-second chart Friday a.m.? Were they computer glitches? Human error (so-called fat finger trades)? Something more sinister? Your guess is as good as mine.Philip Elmer-DeWitt - Mar 8, 2013 11:36 AM ET
The prospect of a piece of Apple's cash hoard warms Wall Street's cold heart
FORTUNE -- On Thursday morning, Greenlight Capital's David Einhorn -- a billionaire hedge fund manager who controls more than a million shares of Apple (AAPL) -- was all over the cable business news channels promoting his ideas for how the company might reward investors like him with some of the $137 billion in excess cash it has socked away. (See What MOREPhilip Elmer-DeWitt - Feb 7, 2013 4:42 PM ET
Been down so long it looks like up to Apple shareholders
FORTUNE -- After one of the longest bear markets in its roller-coaster history, Apple (AAPL) rebounded Monday, closing at $565.73, up $38.05 (7.21%) for the day, while pulling the NASDAQ (+2.21%) and S&P 500 (+1.99%) up along with it.
It was Apple's second best day since 1984 in terms of dollar gains, second only to April 25, 2012, when the stock rose MOREPhilip Elmer-DeWitt - Nov 19, 2012 4:31 PM ET
Another week, another milestone: AAPL closes at $552, up $6.83 (1.25%) for the day
A few facts about Apple's (AAPL) record close Monday:
The day Steve Jobs died, the stock closed at $378.25
Since Oct. 5, Apple's shares have gained $173.75
Apple's market cap has grown by $162 billion and now stands at $514.67 billion
All 30 of Apple's highest closes have been reached this year
Monday's close was $98.99 higher than close No. 30, set on MORE
In 2007 it was trading for nearly 50 times earnings. Today it's 10. What happened?
Perhaps the most succinct commentary on Leonid Kanopka's naive claim that Apple (AAPL) is a "bubble ready to burst" (see "A few fries short of a Happy Meal") was Nicu Mihalache's plaintive response: "Do you know what P/E is?"
The price-to-earnings ratio, as every trader knows, is the simplest way to gauge how the market values a company. A high P/E -- MOREPhilip Elmer-DeWitt - Dec 2, 2011 8:28 AM ET
Resistance was high, but the stock still managed to record a 34-year high
Apple (AAPL) closed at $398.50, up
$5.20 (1.32%) for the day
$83.18 (26.4%) since June 20
$79.94 (23.5%) for the year and
$139.22 (53.7%) year over year.
Barrons' Tiernan Ray notes that the stock hit $400 twice during the day, once shortly before 1:00 p.m. EDT and then again at 2:25.
Judging from the open interest in Apple weekly calls and puts, Max Pain MOREPhilip Elmer-DeWitt - Jul 25, 2011 4:35 PM ET
After a five months of jagged ups and downs, AAPL overtakes a record set on Feb. 16, 2011
Investors who stuck with Apple (AAPL) through thick and thin this year got their earthly reward Friday.
With only two trading days left before what's expected to be yet another boffo earnings report, the stock broke out of its Max Pain trading range and set a new all-time record.
After hitting an intraday high of MOREPhilip Elmer-DeWitt - Jul 15, 2011 4:07 PM ET
Not that it has done any good. Shares fell 1.5% that day and opened 0.9% lower on Monday
We've been following Andy Zaky's posts on Bullish Cross since 2007 and have found, as he likes to remind readers, that he's one of the best independent analysts following Apple (AAPL). His estimates of Apple's quarterly earnings are uncannily accurate. In the years we've been tracking them, they've never failed to beat those MOREPhilip Elmer-DeWitt - Jun 20, 2011 10:46 AM ET
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