As reported by MacMinute:
Apple today announced that its Board of Directors has approved a two-for-one split of the company's common stock and a proportional increase in the number of Apple common shares authorized from 900 million to 1.8 billion. Each shareholder of record at the close of business on February 18, 2005 will receive one additional share for every outstanding share held on the record date, and trading will begin on a split-adjusted basis on February 28, 2005
This is a good move and should get Apple really good looks from investors. The stock price was getting too high to make reasonable investments. It also gives shareholders that had their investments languish in the 90's a new hope for a good investment. Hats off to everyone that has held on to their Apple stock for 10 years!