Chart: Apple’s Incredible Stock Run
10:10 pm, September 16th, 2009, Leander Kahney
Look at this fascinating graph of Apple’s rollercoaster stock price over the last year, charted against major news events, courtesy of Silicon Valley Insider’s Chart of the Day.
The low point was last winter, with investors spooked about global economic meltdown and Steve Jobs’ unexpected medical leave. But in the last year, the stock has doubled, fueled by the run-away success of the iPhone and building ecitement about the upcoming tablet.
As SVB notes, Apple’s stock is nearing its all-time high, while Microsoft’s stock is trading at a about a third of its highest price.
Posted by Leander Kahney in Apple, News | Comment on this article
In reality, Apple stock price is a laggard. Check General Electric. It is not a real growth company like Apple, but GE’s stock price has almost TRIPLED off of its recent lows. There are hundreds of stocks that have doubled and tripled.
I would expect that Apple stock price should perform as well percentage-wise as General Electric.
Dave, on September 17th, 2009 at 11:51 am