Apple stock nears $200
Posted by Dennis Sellers 
Dec 26, 2007 at 1:50pm
Strong holiday spending on computers capped a banner year for Apple, “which should keep its shareholders among the happiest in the tech sector,” reports TheStreet.com.
Mac sales and unit shipments have been on the rise, and the trend has more than offset the moderating pace of iPod sales, which “resurrected the company and lifted it into the top tier of consumer electronics,” the article adds. Apple’s stock was recently up 20 cents to US$198.91. The shares earlier hit a 52-week intraday high of $199.97. They’ve risen nearly 140 percent in 2007.
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Dennis Sellers
Dennis has been a newspaper editor/reporter (seven years) and teacher (seven years). He has over 4,000 magazine, newspaper and online articles to his credit. He has also covered the Mac and tech industries for over a decade for such online publications as MacCentral, MacMinute and now MacsimumNews.
