Apple Stock Briefly Tops $250 Per Share - MacRumorsOpen MenuShow RoundupsShow Forums menuVisit ForumsOpen Sidebar
Skip to Content

Apple Stock Briefly Tops $250 Per Share

by

Earlier today, Apple's stock price briefly surpassed $250 per share before being dragged down by an overall market slide precipitated by charges brought by the U.S. Securities and Exchange Commission against Goldman Sachs over alleged subprime mortgage securities fraud.

143136 aapl 250

Apple's stock has since rebounded, but remains below both the $250 threshold and today's opening price of $248.99.

AAPL stock has seen a number of milestones in recent weeks, having surpassed $200 billion in market capitalization in early March, and only days later moving past Wal-Mart to become the third largest U.S. company by market capitalization.

Just yesterday, Fortune released its annual Fortune 500 rankings of U.S. companies by revenue, which saw Apple jump to 56th place from 71st place in last year's survey. The report also ranked Apple as offering the greatest return to shareholders among Fortune 500 companies over the past five years, with an average annual return of 45.6%.

Top Rated Comments

BuddyTronic Avatar
196 months ago
Cheers, BuddyTronic. And congratualtions to your investment.

By the way. Do you want us to bring our own glasses? :)
How bout a ride in my new Turbo? Got this in July when AAPL hit $400 for the first time. I once swore I'd buy a 360 Modena if AAPL hit 300. But I didn't. but now that it hit $400 I had to do something, so I did!

Yee Haw!

And actually today I'm commenting about it, because I didn't actually sell any shares, I just got a loan on my margin account against my AAPL shares. So that is working out good now! (for a while when it dropped to 350, I was slightly on the bad side of that load, but hell, AAPL is going up more than 5% per year to cover that interest!).

I'm selling covered calls on AAPL for OCT - something high up - just to grab a few grand, and if the price comes in, so what, I sell some and pay down the margin loan on the Porsche!

Booyah again
Score: 2 Votes (Like | Disagree)
215 months ago
Me too, Analog.
Sold at $82. Didn't buy it back until $187.:rolleyes:
Score: 2 Votes (Like | Disagree)
191 months ago
If it hits $650, I'll sell half my shares and buy the Aston Martin I've always dreamed about. :o Or a Vette and a condo in Clearwater Beach. :cool:
Score: 1 Votes (Like | Disagree)
191 months ago
Well Well Well Genius! You basically got your predictions right again eh?

I thought I would bite so you don't continue to talk to yourself!

Lets hear some more predictions.

Some major refreshes this year like the iPad 3 and iPhone 5 which shouldn't be minor upgrades like the iPhone 4s and iPad 2 which could potentially see a lot more people upgrade. Also the potential announcement of the iTV and maybe dividends.

As long as the economy doesn't tank again I can see:

Jan 2013 - $550
Jan 2014 - $650
Score: 1 Votes (Like | Disagree)
BuddyTronic Avatar
191 months ago
Hey you'd be welcome my friend!

Thanks for making me feel good!

Haha, glass might be optional. Pull the cork and chuck it far away, and then go primal with that Scotch - it's the Isle peaty dirt flavoured stuff and once you have it in you, it tastes like water haha. Have some Sockeye salmon maybe, and then finish the bottle off on a drunken hike in the wilds and get some exercise!

Yeah the person who owes me on that one said he has it waiting for me, and when his son gets back in town we're gonna have a flight of scotch I guess.

He said

"I expect APPL to pass $300 tomorrow
whatever happened to the expected September/October sell off?
I had expected a retest of the years lows and hence a delay of APPL $300
Anywho - the Lagavulin has been sitting here since my last trip to XXXXXXX
We should wait for James to return to set up a an evening of Lagavulin tasting.

You are a lucky son of a gun."

OK, since I am now the amazing Kreskin and won my bet, here are some new predictions!

DOW 20K by 2012 - haha. OK maybe 2014. I'll make the betting prediction on New years, but that's how I'm thinking.

AAPL - let's say $450 by Jan 1 2012. That's pretty bold, I know. But the inflationary forces are helping.

I'm selling short term covered calls for my AAPL shares. Big premiums as it gets closer to the numbers I picked for Nov and Jan. A cool AAPL stipend :)

USD is "go to down" and the stock market is going to "crash" upwards with a sub-hyperinflationary ( >10% maybe) exclamation point.

Gold will be $2000.00 by Jan 1 2011.

Maybe I should be humble and just bite my toungue, but I'm glad you reminded me about this thread - I forgot all about it and it's funny what I wrote there! Maybe this is going to be too!

For sure AAPL 450 by Jan 2012 - the rest is more or less a matching theory, but that's a lot to predict at once, I'll just stick to what I know - Apple.
Well Well Well Genius! You basically got your predictions right again eh?

(pat myself on the back again!)

Gold is a little short of $2000.00, but it's close. DOW 20K for 2014 still on? I guess I have to stick with what I said. Time is a strange thing how it passes.

AAPL is over 450.

Now everyone thinks 600 is possible. Nobody is arguing with me about it.

I almost liked it more when I felt I knew something the suits didn't know. But now they can't miss it.

100 Billion in cash at Apple eh? If Apple has zero growth they will have $200B in cash within 5 years!

I think I'm getting a bit over-confident. The only thing that will mess me up a bit is some mega crash

I think over the last couple of years I have realized that the USD is KING - no matter what. I was thinking the USD would be crashing, it almost has to, but I guess since the entire world of currency is so messed up, the USD is going to remain the monopoly money of choice.

I didn't have my usual AAPL discussion with James's dad this Christmas. I think they are all tired of me being right all the time, and when I ask them how many AAPL shares they bought from my advice over the many many years, the answer is zero. I think they might be happier if I lose my shirt honestly haha.
Score: 1 Votes (Like | Disagree)
BuddyTronic Avatar
196 months ago
Hey you'd be welcome my friend!

Thanks for making me feel good!

Haha, glass might be optional. Pull the cork and chuck it far away, and then go primal with that Scotch - it's the Isle peaty dirt flavoured stuff and once you have it in you, it tastes like water haha. Have some Sockeye salmon maybe, and then finish the bottle off on a drunken hike in the wilds and get some exercise!

Yeah the person who owes me on that one said he has it waiting for me, and when his son gets back in town we're gonna have a flight of scotch I guess.

He said

"I expect APPL to pass $300 tomorrow
whatever happened to the expected September/October sell off?
I had expected a retest of the years lows and hence a delay of APPL $300
Anywho - the Lagavulin has been sitting here since my last trip to XXXXXXX
We should wait for James to return to set up a an evening of Lagavulin tasting.

You are a lucky son of a gun."

OK, since I am now the amazing Kreskin and won my bet, here are some new predictions!

DOW 20K by 2012 - haha. OK maybe 2014. I'll make the betting prediction on New years, but that's how I'm thinking.

AAPL - let's say $450 by Jan 1 2012. That's pretty bold, I know. But the inflationary forces are helping.

I'm selling short term covered calls for my AAPL shares. Big premiums as it gets closer to the numbers I picked for Nov and Jan. A cool AAPL stipend :)

USD is "go to down" and the stock market is going to "crash" upwards with a sub-hyperinflationary ( >10% maybe) exclamation point.

Gold will be $2000.00 by Jan 1 2011.

Maybe I should be humble and just bite my toungue, but I'm glad you reminded me about this thread - I forgot all about it and it's funny what I wrote there! Maybe this is going to be too!

For sure AAPL 450 by Jan 2012 - the rest is more or less a matching theory, but that's a lot to predict at once, I'll just stick to what I know - Apple.



Quoting myself.

Self you are one smart dude!

Yay!
Score: 1 Votes (Like | Disagree)

Popular Stories

Home Hub Command Center with Dome Base Feature

Apple Smart Home Hub to Feature iMac G4-Style Design

Wednesday September 30, 2026 4:36 am PDT by
Apple's long-rumored smart home hub will have an iMac G4-style design and a host of unique features, Bloomberg's Mark Gurman reports. The smart home hub is said to feature a square 6-inch display, with variants that can be placed on a countertop or mounted on a wall. It features a single FaceTime camera on the front, with microphones and speakers in its connected base. Gurman described the...
HomePod minis on gradient feature 1 1

Three New Apple Smart Home Products Coming on October 13

Wednesday September 30, 2026 4:04 am PDT by
Apple plans to introduce a series of new smart home products on Tuesday, October 13, according to Bloomberg's Mark Gurman. Apple reportedly plans to debut its long-awaited smart home hub device, a new HomePod mini, and a new Apple TV on the date. The new HomePod mini and Apple TV are set to retain their existing designs, but tout faster chips to support Siri AI. The new HomePod mini will...
Apple TV Sans Remote Feature

New Apple TV 4K Leaked

Friday September 25, 2026 8:16 am PDT by
MacRumors contributor Aaron Perris has uncovered an image file from Apple for an unreleased Apple TV 4K, suggesting that a new model will finally be released soon. The image is specifically for an "Apple TV 4K (4th generation)" model. Apple TV 4K (4th generation) image (on a gradient) The image reveals that the Apple TV will have the same external design as the current model, with all of its...
Latest Stories
MacBook Pro With OLED Touch Screen Rumored to Launch in October or November
MacBook Pro With OLED Touch Screen Rumored to Launch in October or November
48 minutes ago
Apple's All-New Home Hub Rumored to Launch in These Four Colors
Apple's All-New Home Hub Rumored to Launch in These Four Colors
1 hour ago
iPhone 18 Pro Aperture Control Goes Fully Manual in Halide 3.2
iPhone 18 Pro Aperture Control Goes Fully Manual in Halide 3.2
3 hours ago
Apple Stores Receive 'Do Not Open' Boxes Ahead of Smart Home Products Launch
Apple Stores Receive 'Do Not Open' Boxes Ahead of Smart Home Products Launch
3 hours ago
iPhone 18 Pro Sales Jump in China Ahead of iPhone Duo Launch
iPhone 18 Pro Sales Jump in China Ahead of iPhone Duo Launch
4 hours ago
Apple TV Still Down for Some Users Following Apple Services Outage
Apple TV Still Down for Some Users Following Apple Services Outage
4 hours ago
PSA: Apple Mail on Mac May Stop Syncing Microsoft 365 Accounts Today
PSA: Apple Mail on Mac May Stop Syncing Microsoft 365 Accounts Today
5 hours ago
Apple's Smart Home Hub: Everything We Know So Far
Apple's Smart Home Hub: Everything We Know So Far
15 hours ago
Apple's Home Hub Borrows From the iPhone Duo's StandBy Mode
Apple's Home Hub Borrows From the iPhone Duo's StandBy Mode
16 hours ago
Apple Invites App Updated With Three New Features
Apple Invites App Updated With Three New Features
20 hours ago
Apple Event on October 13?
Apple Event on October 13?
21 hours ago
Apple Watch SE 3 vs. Series 12 Buyer's Guide: Which Should You Buy?
Apple Watch SE 3 vs. Series 12 Buyer's Guide: Which Should You Buy?
23 hours ago
iPad Mini 8 to Offer These 10 New Features
iPad Mini 8 to Offer These 10 New Features
23 hours ago
DoorDash Unveils AI Food Ordering Through Apple's Messages App
DoorDash Unveils AI Food Ordering Through Apple's Messages App
1 day ago
Amazon Takes Up to $150 Off Select M5 MacBook Air Models
Amazon Takes Up to $150 Off Select M5 MacBook Air Models
1 day ago
Apple Still Plans to Release a New Full-Sized HomePod
Apple Still Plans to Release a New Full-Sized HomePod
1 day ago
Apple Working to Expand HomeKit
Apple Working to Expand HomeKit
1 day ago
Apple Smart Home Hub to Feature iMac G4-Style Design
Apple Smart Home Hub to Feature iMac G4-Style Design
1 day ago
Three New Apple Smart Home Products Coming on October 13
Three New Apple Smart Home Products Coming on October 13
1 day ago
Apple Pay Now Available in India With Axis Bank Cards
Apple Pay Now Available in India With Axis Bank Cards
2 days ago
OpenAI Launches Always-On 'Dots' Agents to Rival Meta's Muse
OpenAI Launches Always-On 'Dots' Agents to Rival Meta's Muse
2 days ago
AirPods 5 Teardown: Batteries Removable, Case Still Tough
AirPods 5 Teardown: Batteries Removable, Case Still Tough
2 days ago
iPhone 18 Pro Owners Complain of Speaker Crackling or Popping
iPhone 18 Pro Owners Complain of Speaker Crackling or Popping
2 days ago
You Can 'Get Ready' for iPhone Duo Pre-Orders on October 12
You Can 'Get Ready' for iPhone Duo Pre-Orders on October 12
2 days ago
Apple Pay Reportedly Launching in India Today
Apple Pay Reportedly Launching in India Today
2 days ago
Apple Releases New AirPods Beta Firmware
Apple Releases New AirPods Beta Firmware
2 days ago
Apple Shares New Guide for Using iOS 27 Parental Controls
Apple Shares New Guide for Using iOS 27 Parental Controls
2 days ago
Apple Creator Studio and Final Cut Camera Get New Features
Apple Creator Studio and Final Cut Camera Get New Features
2 days ago
Apple Explains Why It Removed ICE Tracking Apps Last Year
Apple Explains Why It Removed ICE Tracking Apps Last Year
2 days ago
Amazon Expands $779.99 Apple Watch Ultra 4 Deal to More Models
Amazon Expands $779.99 Apple Watch Ultra 4 Deal to More Models
2 days ago

🔗 Related Apple News & Rumors

Stay updated with the latest Apple ecosystem news and verified rumors