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HEXUS.sharewatch: Apple continues to soar

by Scott Bicheno on 21 June 2010, 14:37

Tags: AMD (NYSE:AMD), Apple (NASDAQ:AAPL), Nokia (NYSE:NOK)

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Right now it seems that Apple can do no wrong; every time it launches a new device, no matter how many details leak in advance, the expectant public just can't seem to get enough of them. The iPhone 4 has faced such demand that Apple has had to suspend pre-orders and in the US, AT&T's servers had a spasm under the weight of traffic.

This success continues to be reflected in Apple's share price, which went up another eight percent last week and has now taken Apple's market cap (careful, you'll make TheAnimus angry! - Ed) to a quarter of a trillion dollars.

Apple is now comfortably the biggest company on our list by market cap, more than twice the size of giants like HP, Intel and Oracle. It's also valued some $90 billion higher than arch-rival Google.

At the other end of the market valuation scale, AMD had a pretty good week too. There were now AMD-specific bits of news to explain this, but reports that PC sales are pretty healthy seem to have benefitted AMD, which is seeing a lot of OEM interest in its notebook platform these days.

In stark, but far from coincidental, contrast to Apple, Nokia was the only one of our stocks to decline last week. This was due to an announcement from Nokia lowering its forecast for the Devices and Services division due, in part, to greater than expected competitive pressure at the high end of the market. Hello iPhone.

 

Company Listing Share price 1/6/10 Share price 7/6/10 Share price 14/6/10 Share price 21/6/10 7-day change Market cap (bn)
AMD AMD 8.57 8.10 8.12 8.83 8.7% 5.95
Apple AAPL 256.88 255.96 253.51 274.07 8.1% 249.39
ARM ARMH 10.74 11.32 12.79 12.86 0.5% 5.64
Avnet AVT 28.72 26.58 26.99 27.92 3.4% 4.24
Cisco CSCO 23.16 22.95 22.91 23.49 2.5% 134.15
Dell DELL 13.33 13.24 13.15 14.04 6.8% 27.49
Google GOOG 485.63 498.72 488.50 500.03 2.4% 159.25
HP HPQ 46.01 46.05 47.19 47.98 1.7% 112.01
IBM IBM 125.26 125.28 128.45 130.15 1.3% 166.90
Ingram Micro IM 16.96 16.53 17.21 17.44 1.3% 2.88
Intel INTC 21.42 20.94 20.64 21.40 3.7% 119.07
Microsoft MSFT 25.80 25.79 25.66 26.44 3.0% 231.72
Nokia NOK 10.12 9.58 9.54 8.90 -6.7% 33.33
Nvidia NVDA 13.14 12.10 11.61 12.30 5.9% 7.04
Oracle ORCL 22.57 22.13 22.69 23.20 2.2% 116.44
Qualcomm QCOM 35.56 35.30 35.36 35.69 0.9% 58.54
Tech Data TECD 40.65 38.95 40.02 40.70 1.7% 2.06
Dow .DJI 10136.63 9931.97 10211.07 10450.64 2.3% N/A
FTSE 100 .FTSE 5076.82 5114.49 5163.68 5250.84 1.6% N/A
NASDAQ .IXIC 2257.04 2219.17 2243.60 2309.80 3.0% N/A


HEXUS Forums :: 2 Comments

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you guys love me really!

It is amazing thou, if you'd said to someone say 7 years ago, when the wounds of the dot com bubble were still fresh that advertising, in any guise would be at the heart of the business model of a growth stock they would have (rightly at the time) laughed their arse off.

But is that what we are seeing now? Google eclipsed by someone who has figured out how to make people pay for the privilege of owning the device, nickle n dime them once they do, whilst charging people to get at the gullible saps? It would seem so!

I always thought mr gillete by getting people to pay little for the razor, and a lot for the blade every few weeks was on to something. He has nothing on Jobs!
TheAnimus
you guys love me really!

:hexlub: