Apple’s previous closing high was $232.39 set yesterday March 29, 2010. Apple’s all-time high (intraday) stands at $237.48, set during trading today. Apple’s 52-week low is $102.61.
At market close, Apple’s market value stands at $213.86 billion since financial sites all use the latest published share count for Apple: 906.8 million shares outstanding as of January 15. However, Apple’s actual diluted share count, as per its latest 10-Q, was 919.783 million shares, which means that the company actually has a market cap of $216.93 billion. For the lists below, we’ll use what the financial sites use.
Apple went public on December 12, 1980 and closed with a market cap of $1.431 billion. Apple’s all-time low market value was $630.9 million on July 8, 1982.
The top five U.S. publicly-traded companies:
1. Exxon Mobil (XOM) – $316.56B
2. Microsoft (MSFT) – $261.10B
3. Apple (AAPL) – $213.86B
4. Wal-Mart (WMT) – $212.74B
5. Berkshire Hathaway (BRKA) – $201.98B
Selected companies’ current market values:
• Google (GOOG) – $180.20B
• IBM (IBM) – $167.27B
• Cisco (CSCO) – $152.5B
• Hewlett-Packard (HPQ) – $124.90B
• Intel (INTC) – $123.46B
• Disney (DIS) – $68.08B
• Amazon (AMZN) – $60.72B
• Nokia (NOK) – $57.14B
• Research In Motion (RIMM) – $41.62B
• Sony (SNE) – $38.98B
• Dell (DELL) – $29.31B
• Yahoo! (YHOO) – $23.26B
• Adobe (ADBE) – $8.70B
• Motorola (MOT) – $16.65B
• RealNetworks (RNWK) – $640.56M
• Beleaguered Palm (PALM) – $634.32M
AAPL quote via NASDAQ here.
I bought at 50 the day the iPhone was announced. The writing was on the wall
Karly:
Apple shares hitting DAILY new all-time intraday and closing highs, is REALLY important Apple News…
@@ken1w
That was a pointless post (except for some interesting quotes).
” width=”19″ height=”19″ alt=”smile” style=”border:0;” /> Calling my statement (that AAPL share price will have significant dips in the future) a “prediction” is like saying “San Francisco will have foggy days” is a prediction.
Having dips in AAPL share price on a general upward trend is a good thing. Although I don’t want any as drastic as $200 to $80, selling some shares when “everyone” is super enthusiastic, and buying it back later when the excitement is at a lower level works well. I added some AAPL last year at around $95 and watched it sink below $80. So my timing wasn’t perfect. Then I sold some at $210 later that year (after only about eight months or so). Didn’t drop too much after than, but did buy some back at around $200 a few months ago. And I’ll be looking to sell some again if AAPL gets close to $300 in the near term. I’ll always own some AAPL shares, but it’s good to buy and sell a portion of your holdings along the way. If you follow Apple news closely, it’s really not too difficult to find reasonable times to sell and buy.
I would never say Laura Goldman was technically right. Analyst price targets are based upon company reasons, not macroeconomic reasons. Apple’s plunge in price was due to macro reasons and not upon any intrinsic issues, as profits were record-breaking that whole period of time.
@DogGone
EPS means nothing for valuation. It is merely a mathematical function: the earnings divided by shares outstanding.
PE is about valuation, and some people would say that Apple’s higher PE indicates that it is overvalues. However, you must consider that the usual PE ration you see published is based on past earnings. High growth companies have higher PEs because investors are paying based on FUTURE valuation (higher future earnings). That is why high PE companies stocks get hammered when they miss earnings.
Now back to Mac news…
@ Critic
I’m not talking about valuation, I’m talking about the relative value of the stock. If you were buying a stock wouldn’t you choose a stock that earns more per share than less?
Since Apples market cap is close to M$, this tells you that Apple’s shares have more potential value. Of course you make money on the price per share but knowing that the EPS is higher means that the company is outperforming.
BTW EPS and PE are both mathematical functions.
$48 Billion and counting….
@ken1…
You are absolutely right. Successful investors (not 1-shot luckys) know their companies and the markets/products they are in. You are also right in that AAPL will certainly go up AND down. Timing is important, but not an absolute.
Not certain, but someone said to always leave a little for the next guy. Don’t try to hit the exact top or bottom.
$47.24 Billion to go…….
@Connor MacBook: Me too! Every single time I see closing high articles (which seems like every single day), I regret not buying at $80.
@Ron: Why would you sell at $80?! Did you think Apple was going to go bankrupt? 😀
Time for IBM to throw the sledgehammer…