Apple Inc. (AAPL) is listed on the NASDAQ stock market. In February 2012, 90% of a daily gain on NASDAQ was from AAPL. The blog Zero Hedge renamed NASDAQ as “NASDAPPLE.”
The NASDAQ Stock Market, also known as simply the NASDAQ, is an American stock exchange. “NASDAQ” originally stood for “National Association of Securities Dealers Automated Quotations”. It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of January 25, 2011, there are 2,711 listings, with a total capitalization of over $4.5 trillion. The NASDAQ has more trading volume than any other electronic stock exchange in the world. The exchange is owned by NASDAQ OMX Group, which also owns the OMX stock exchange network.
Wikipedia: Apple Inc.
Apple Inc. (NASDAQ: AAPL) formerly Apple Computer, Inc. is an American multinational corporation that designs and sells consumer electronics, computer software, and personal computers. The company’s best-known hardware products are the Macintosh line of computers, the iPod, the iPhone and the iPad. Its software includes the Mac OS X operating system; the iTunes media browser; the iLife suite of multimedia and creativity software; the iWork suite of productivity software; Aperture, a professional photography package; Final Cut Studio, a suite of professional audio and film-industry software products; Logic Studio, a suite of music production tools; the Safari web browser; and iOS, a mobile operating system.
$AAPL RT @zerohedge: can we just rename it NASDAPPLE already
Feb. 9 at 2:41 PM
209 Hedge Funds Rejoice As Apple Passes $500
Submitted by Tyler Durden on 02/13/2012 09:33 -0500
Presented with little comment - AAPL trading $503.34:
Why is this good news for the “financial industry?” Because Apple is now the financial industry, with a record 209 hedge funds holding it (a number that has likely surged in the past 3 months). As Apple goes, so goes not only the entire Tech index, the NASDAPPLE, the global capital markets, but the entire 2 and 20 model. We wonder how long until LPs ask their hedge fund advisors why they paying management fees when everyone can just put their money into AAPL outright and bypass the whole “hegde fund” mockery.
Apple Responsible For 90% Of Intraday NASDAPPLE Gain
Submitted by Tyler Durden on 02/15/2012 10:27 -0500
With AAPL’s stock price up another 1.5-2% today, we thought it instructive for all those index traders, hedgers, arbitrageurs, and market prognostictors to comprehend the scale. 90% of the move in the NASDAQ today is directly due to AAPL.
$AAPL....this is monster...it turns NASDAQ to be NASDAPPLE.
Feb. 15 at 10:48 AM
Wednesday, February 15, 2012 11:41:01 AM
it now called the “NASDAPPLE” lmaooooooooo
New York City • Banking/Finance/Insurance • (0) Comments • Sunday, February 26, 2012 • Permalink