Apple shares hit new all-time intraday, closing highs

invisibleSHIELD case for iPadShares of Apple Inc. today rose $1.06, or 0.44%, on average volume of 22,405,733 shares to set a new all-time closing high of $240.60.

Apple’s previous closing high was $239.54 set yesterday. Apple’s all-time high (intraday) stands at $241.92, set during trading today. Apple’s 52-week low is $114.19.

At market close, Apple’s market value stands at $218.17 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 $221.30 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) – $317.93B
2. Microsoft (MSFT) – $257.41B
3. Apple (AAPL) – $218.17B
4. Wal-Mart (WMT) – $207.80B
5. Berkshire Hathaway (BRKA) – $197.60B

Selected companies’ current market values:
• Google (GOOG) – $179.19B
• IBM (IBM) – $166.90B
• Cisco (CSCO) – $150.81B
• Hewlett-Packard (HPQ) – $124.97B
• Intel (INTC) – $124.01B
• Disney (DIS) – $68.50B
• Amazon (AMZN) – $59.96B
• Nokia (NOK) – $57.44B
• Research In Motion (RIMM) – $38.92B
• Sony (SNE) – $37.00B
• Dell (DELL) – $30.72B
• Yahoo! (YHOO) – $23.62B
• Adobe (ADBE) – $18.38B
• Motorola (MOT) – $16.72B
• Beleaguered Palm (PALM) – $779.40M
• RealNetworks (RNWK) – $625.69M

AAPL quote via NASDAQ here.

28 Comments

  1. I’ve been watching Apple for a long time now. Here’s what’s really interesting:
    Apple shares usually run up prior to the launch of the next big thing. Did it for the iMac, OS X, iPod and iPhone. And then after the launch, the profit takers would beat the price back down again.

    Now this time for the iPad the run on the shares is continuing the upward trend (touch wood).

    This is veeerrrrry veeerrrrrrry interesting !!

  2. The day we top Microsoft in market value…I will open my giant bottle of 1960 Chateau Margaux and pour a glass for anyone who wants one….and it’s coming my friends…It’s coming.

  3. @auren… maybe they’re waiting for the release/delivery of the 3G iPad. I suspect there will be many, many more iPads out there after the end of April or early May. That may be the time to sell, but since I’m long on APPL, I’ll hold anyway and just buy more when/if it does get beaten down.

  4. Okay, okay — I was wrong about a supposed low number of iPads being sold the first weekend as reason the stock would go plunging Monday morning — now for my new reason for a plunge — NO multitasking in iPhone OS4 — Friday morning the stock will dip madly — damn, if I am not right one of these times, I will never be able to be a financial analyst! Oh wait, you say being right is not a prerequisite? Oh glory be, there is still hope!

  5. This is about 2 years overdue. Private buyers are finally looking at value and realizing that they’ve been lied to by trusted investment (nis) advisors and hedge fund managers that paniced selling just so they could knock the stock down and but at low levels, so that they could continue to play a so called “sling shot sure bet “…

    Well Apple is in broken out and away, into a new range and the selloff eluded them this time because you can only cry wolf f so many times, before you loose all credibility and are called out as a liar…

    Apple is the only company that represent excellence, true unequivocal value and no challenge in sight for at least the next 4 years.

    Another day another dollar.

  6. What’s even more interesting is that all this comes amid reports of Android market share increasing. Maybe the market has also finally realized that margins beat market share.

  7. @ breeze,

    “Apple is the only company that represent excellence, true unequivocal value and no challenge in sight for at least the next 4 years.”

    You obviously have not used Windows 7 yet.

    Titter.

    Titter.

    Giggle.

    Giggle

    He, He, He, Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha.

    I tried to keep a straight face but I just couldn’t.

  8. @PR
    Can I be your friend? Although I know from experience opening those great old vintages is a crap shoot.

    By the way, msft has been trading below where it was Jan 1. Pretty soon Apple will blow past them forever. I’m wondering what bottle will be best when AAPL passes Exxon.

  9. And today’s figure for market cap comparison to MSFT is 84.75%.

    It was 69.75% last November and it was 79.84% back on the 9th March; so every day the hot breath of Steve Jobs must have become ever more evident on the neck of Bill Gates who still acts as MSFT’s chairman.

    At some point in the next six months, Gates may well have to stand up in front of his shareholders and explain how they lost their (ill-deserved) position of financial prominence to Apple.

    And whilst he’s at it, he’s going to have explain how Apple managed to multiply its market cap by around seven-fold since July 2005 whilst MSFT has been largely becalmed; but that pales into insignificance when you consider the following fact.

    When MSFT invested $150 million in AAPL in August 1997 and contracted that it would continue to deliver apps and development tools for the Mac platform, MSFT was worth $150 billion and Apple had a market cap of $4 billion (around 2.66%).

    In the intervening period, Apple has innovated its way out of a crisis (iMac, the move to Mac OS X, iPod, online music retailer, the move to Intel, the iPhone, the iPod touch, the online apps retailer, the iPad and the iBookstore) whilst MSFT (a company where an original, imaginative idea would die of loneliness) has displayed a degree of complacency and mediocre management that is quite frankly staggering.

    If I were a Microsoft shareholder, my first question to Gates would be “Does the CEO that the board keeps in place still like his strategy? Or does he still like it a lot?”

  10. Did you notice? Apple only recently passed Google in market cap, and is already $39B ahead. Microsoft is only $39B away. It won’t be long now, a combination of Apple rising and Microsoft falling into its normal trading range.

  11. Interesting that between $290 and $300 is probably where AAPL will overtake MSFT in total market cap (assuming MSFT also goes up to some degree in a generally up market). And $300 will be a bit of a psychological barrier, especially since a lot of the so-called analysts have pegged that price as a near term target.

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