Wow! Apple’s stock had a nice July

Gigaom

What do the Big Apple and Apple have in common? Nothing except that during the month of July 2013 they were both scorching hot!

Apple, (s AAPL) after swooning for nearly a year, had a nice month. Despite reporting less than stellar earnings this month, Apple saw its stock jump from $409 a share on June 30, 2013 to about $453 a share at market close. The last seven days have been even better — Apple’s stock went from $437 a share to around $453 a share at the close of the market — a roughly 4 percent gain.

I am guessing that everyone thinks with the bad news out of the way and a new iPhone 5S (and cheaper devices) on the horizon, Apple’s fortunes are going to swing upwards. That said, for the past 12-months, the stock is down from $606 a share to $455 a share. That whole…

View original post 11 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s