Today in Apple history: Apple suffers first quarterly loss since Jobs’ return

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Apple is heading toward a $1 trillion market cap. Photo: Pierre Marcel/Flickr CC
Apple's stock price fell as a result of the news.
Photo: Apfellike

Dec6December 6, 2000: Apple’s stock price falls after Apple Computer posts its first quarterly loss in three years, since Steve Jobs’ return to the company.

Shares tumble $3 to just $14 a share as some doom-predicting pundits worry that the big Apple comeback story is screeching to a halt.

Little did they know…

Apple stock blows up as Samsung kills Galaxy Note 7

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Apple owes Samsung a fruit basket.
Photo: Jim Merithew/Cult of Mac

Apple stock has hit its highest share price in almost one year to coincide with the news that Samsung is permanently withdrawing its ill-fated Galaxy Note 7 from the market.

AAPL shares rose 2.3 percent to hit $116.72 last night, representing an increase of $2.66 per share. This rise was the highest for Apple shares since December 2015.

Warren Buffett is betting bigger than ever on AAPL

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Buffett has made some serious money betting on Apple.
Photo: Ste Smith/Cult of Mac

Legendary investor Warren Buffet tends to stay away from technology stocks, but he can’t be too upset about his company’s decision to invest in AAPL stock.

At least, that would be the assumption based on the fact that his Berkshire Hathaway investment company announced this week that it’s increasing its stake in AAPL by a massive 55 percent.

AAPL shoots up after strong Q3 earnings

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And just when people were counting Apple out!
Photo: Ste Smith/Cult of Mac

AAPL shares opened almost 8 percent up this morning following Apple’s better-than expected Q3 earnings and sunny outlook for this quarter were announced yesterday.

Shares rose $7.33 after analysts were sufficiently convinced that Apple has “stabilized” falling iPhone sales, along with other positives like a booming App Store. Seriously, do the naysayers and doom-predicters never learn?