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Apple Stock scratches $600 in Pre-Market Trading ahead of Apple Cash Conference Call

Mar 19 2012, 7:43am CDT | by , in News | Apple

The AAPL stock is trading at close to $600 in pre-market trading ($599.32) ahead of Apple's announcement on what the company plans to do with its $100 billion in cash. A dividend announcement would likely put the Apple Stock on a rocket today.

Apple Stock scratches $600 in Pre-Market Trading ahead of Apple Cash Conference Call
 
 

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Apple Stock scratches $600 in Pre-Market Trading ahead of Apple Cash Conference Call

As reported some analyst see the Apple Stock hitting $1,000 within a year. Today Apple will hold a conference call to unveil their plans with the enourmous amount of cash Apple has amassed. We are talking close to $100 billion. If Apple announces a stock dividend than will pass the $600 mark for good. It trading over $600 already and is in pre-market trading just below $600.

Update:
Apple has announced a Dividend

We also expect that Apple will announce the new iPad launch sales numbers this week. That alone would push the AAPL stock over $600. 

Disclaimer: I own Apple Stock.

 

Updates


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Update: 2

Apple Stock closed over $600 on March 19

The AAPL stock has now taken the $600 mark and is on its way to reach the $1000 milestone predicted by analysts. 

 
Mar 20 2012, 4:16am CDT

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr (Google) is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

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