Since the beginning of the year, Apple shares have more than doubled from $90.75 on Jan. 2 to almost $186 today.
Google has done about half that performance, while Microsoft has done one-third.
But that’s apparently not enough, according to Thomas Weisel analyst Doug Reid, who has raised his price target on Apple to $210 from $180.
BoomTown is getting dizzy.
A report in the Times of London in which Microsoft would buy Yahoo’s search business in a convoluted $20 billion deal that would include well-known Internet execs Jon Miller and Ross Levinsohn, is–in the words of one key player–”total fiction.”
Actually, that’s Levinsohn speaking, on the record. But that’s also the essential word from all key players regarding the Times’s report.
While Microsoft has long been interested in doing a search deal with Yahoo, BoomTown has spoken to top sources at Yahoo and Microsoft too and all scoff at such a deal taking place right now or that either side has been in any such discussions of late.
Kara Swisher started covering digital issues for The Wall Street Journal's San Francisco bureau in 1997 and also wrote the BoomTown column about the sector. With Walt Mossberg, she co-produces and co-hosts D: All Things Digital, a major high-tech and media conference. Read more »
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
D is unlike any other executive conference. Since its debut in 2003, D has brought to life the energy and excitement of the digital revolution in an unscripted, upfront and unparalleled way. Read more »
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