Shares in Apple more than double in just one year

Well everyone on the planet practically has heard of Apple. (AAPL) It has been quite an impressive company both in terms of its technical achievements with the innovative products that it has been putting out and the company has always been great to its investors with the major returns that its stock brings. Computers still are a big part of this company and it will always be but they like to go other places too. When they rolled out their i-pod for music it was a great success Their i-tunes store is doing well and of course the latest and greatest item so far is the i-phone which is a maga success and there is probably much more to come in the near future.
Their stock in the last few years has done tremendous. Currently the stock is trading at a little north of $163 a share. Less than a year ago it was at around $90. In july of 2006 it was at about $50. In november 0f 2004 it was at about $35 a share. The stock has had a steady climb and has gone from $35 to $163 in just three years. This basically means that for every $1 you would have invested in Apple back then you would now be holding more than $4. The stock has suffered losses in the last month or so as has every stock in the market these days. It was up around $190 recently. Over time though this stock is probably going to go up and up again. You might think of this recent dip as an oppourtunity to get in on it. Despite the recent talk of a looming recession in the economy this stock will almost certainly soar past $200 a share next year and probably go well beyond it.