Apple shares hit new all-time intraday, closing highs

Invisible Shield for Apple iPhone 4!Shares of Apple Inc. today rose $2.29, or 0.84%, on average volume of 25,709,680 shares to set a new all-time closing high of $274.16.

Apple’s previous closing high was $271.87 set yesterday. Apple’s all-time high (intraday) stands at $275.00, set during trading today. Apple’s 52-week low is $132.88.

At market close, Apple’s market value stands at $249.39 billion.

The top five U.S. publicly-traded companies, based on full market values, are:
1. Exxon Mobil (XOM) – $296.26B
2. Apple (AAPL) – $249.39B
3. Microsoft (MSFT) – $231.72B
4. Berkshire-Hathaway (BRKA) – 197.81B
4. Wal-Mart (WMT) – $191.38B

Selected companies’ current market values:
• Google (GOOG) – $159.25B
• IBM (IBM) – $166.90B
• Cisco (CSCO) – $134.15B
• Intel (INTC) – $119.07B
• Hewlett-Packard (HPQ) – $112.01B
• Disney (DIS) – $68.84B
• Amazon (AMZN) – $56.08B
• Research In Motion (RIMM) – $34.02B
• Nokia (NOK) – $33.01B
• Sony (SNE) – $28.03B
• Dell (DELL) – $27.49B
• Yahoo! (YHOO) – $21.52B
• Adobe (ADBE) – $17.65B
• Motorola (MOT) – $16.87B
• Advanced Micro Devices (AMD) – $5.95B
• RealNetworks (RNWK) – $507.19M

AAPL quote via NASDAQ here.

29 Comments

  1. Three months ago (mid-March), AAPL was around 20% away from MSFT. We were all confident, Apple would reach and surpass MSFT by the end of the year.

    AAPL is now less than 20% away from XOM (Exxon-Mobil). Should we be as confident as we were three months ago that AAPL will surpass XOM and become the largest company in US by market cap before the year is out…?

  2. Never get tired of this!

    I watch the stock all day long on the iphone at work (“stocks”- Apple’s app).
    There, you can select randomly price, percentage, or market cap
    views. I ALWAYS enjoyed watching Apple catch up to, then surpass, first Walmart. Then MS. Now $18b BIGGER than MS.

    What just caught me by surprise- NOT THAT FAR OFF FROM #1!

    holy shit

  3. > Apple’s previous closing high was $271.87 set yesterday.

    I believe the previous closing high was something like $72.50, set a few months ago, not yesterday’s closing number.

  4. <<singidunum
    AAPL is now less than 20% away from XOM (Exxon-Mobil). Should we be as confident as we were three months ago that AAPL will surpass XOM and become the largest company in US by market cap before the year is out…?>>

    We’re just one oil spill away by Exxon/Mobil for Apple to pass them.

  5. I honestly LOVE Apple, and would venture to say that I have been enjoying Apple products longer then most (since 1979). BUT, and this is a BIG BUT… this stock price is NOT going to last. I will pull back significantly in the near future in my opinion.

    I have ALWAYS seen this, when everybody and their uncle is talking about a particular stock, its time for a pullback.

    Take care if you plan to buy at these elevated levels…..

  6. The fundamentals are clearly there: Apple is not significantly overvalued, and may well be undervalued.

    Too bad the stock market is largely irrational. Apple could well be due for a major pull-back.

  7. OTOH, most times when people are talking about a stock, it’s for its performance as a stock. Most of the time, people are talking about Apple for its performance as a money-making machine; perhaps it will prove the exception to the “when your shoe shine boy is talking stock…” rule.

  8. I think we can drop Real Networks from the list next time. Does anybody even use it anymore. I cannot remember the last time I saw a website that used RealPlayer.

  9. aapl’s valuation makes it a cheap stock, it’s not a crowded trade yet and it’s not a bubble because the growth is real. even though everyone talks about it it doesn’t mean they are buying. institutions are, and thats what matters. a month or so ago it was trading at 225, it even made it to 200 in the flash crash. the pullback everyone fears happened allready. this stock will get hit hard when apple misses expectations, and i don’t see that coming for the next 2 to 3 when everyone and their dog has an iphone.

  10. Intraday and closing numbers cannot be used in the same sentence. The price either achieved an intra-day high, meaning a high during trading hours, or it closed at a high. Using both terms, as you do, makes no sense. Other than that, I love your site and visit often.

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