Apple shares hit new all-time intraday, closing highs

Complete your iPad experience with ZAGGmate!Apple Inc. shares today rose $2.73, or 0.86%, on above average volume of 18,831,900 shares to set a new all-time closing high of $320.17.

Apple’s previous all-time closing high was $318.62 set on November 8, 2010. Apple’s all-time intraday high now stands at $322.33, set today. Apple’s previous all-time intraday high was $321.30 set on November 9, 2010. Apple’s 52-week low is $188.68.

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At market close, Apple’s market value stands at $293.68 billion.

The top five U.S. publicly-traded companies, based on market value, are:
1. Exxon Mobil (XOM) – $359.58B
2. Apple (AAPL) – $293.68B
3. Microsoft (MSFT) – $229.63B
4. Berkshire-Hathaway (BRKA) – 199.33B
4. Wal-Mart (WMT) – $197.09B

Selected companies’ current market values:
• Google (GOOG) – $184.95B
• IBM (IBM) – $180.13B
• Intel (INTC) – $121.04B
• Cisco (CSCO) – $107.68B
• Hewlett-Packard (HPQ) – $96.37B
• Amazon (AMZN) – $79.92B
• Disney (DIS) – $71.12B
• Nokia (NOK) – $36.83B
• Sony (SNE) – $36.70B
• Research In Motion (RIMM) – $33.10B
• Dell (DELL) – $26.64B
• Yahoo! (YHOO) – $21.29B
• Motorola (MOT) – $19.16B
• Adobe (ADBE) – $14.87B
• Advanced Micro Devices (AMD) – $5.33B
• RealNetworks (RNWK) – $506.03M

AAPL quote via NASDAQ here.

16 Comments

  1. And today, AAPL went against the rest of the markets, which closed down. NASDAQ barely made it in the black, most likely thanks to AAPL pulling up the rest of the tech sector.

  2. Don’t get too excited. AAPL is about at the same place it was one month ago, when the previous high was set. It just went down to around $300 and back up in between.

    The short-term driver for AAPL has nothing to do with Apple. If a “tax deal” goes through (instead of falls through) before the new year, and the existing “Bush tax breaks” are extended (or made permanent), that would be a positive for the overall stock market. Tax rate on capital gains is also affected; if the tax on capital gains increases after 2010, it may motivate investors to sell stocks like AAPL, where they may have significant unrealized gains, BEFORE the end of the year. (If you owned MSFT, that would NOT even be an issue. ” width=”19″ height=”19″ alt=”smile” style=”border:0;” /> )

    After that, Apple should report outstanding results for the holiday quarter, so I think AAPL will be fine after the general uncertainty this month about what the outgoing (“lame duck”) Congress will (or will not) do.

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