Are Apple (AAPL) shares ready to split?

Published: October 8, 2007, 9:00 am

Tags: aapl, apple inc, apple inc, inthenews, stock split, stocksplit

Filed under: Rumors, Apple Inc (AAPL)It's time for the apple to split, and we're not talking fruit here. Apple, Inc. (NASDAQ: AAPL) sits at an all-time high, closing above $161 last Friday, and it may be that another stock split is in order. After all, 2-for-1 splits have happened before, with the most recent in 2005.This time, it's different. Before -- in 1987, 2000 and 2005 -- Apple's shares were worth roughly $100 each. They're quite a bit above that now, right? It another 2-for-1 split already overdue? Has Apple's meteoric share price been even a surprise to the company itself, explaining the delay? A split now would signal to the world that Apple believes it has even more room to grow. But does it? From the unrelenting excitement about its products, it most likely does, despite the fact that the company appears to be more arrogant than ever. Shh -- don't tell the market makers, though.If a split does happen, might it be a 3-for-1? That would bring the share price into the $50

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