Apple Inc. shares today rose $7.95 in early NASDAQ trading to set a new all-time intraday high of $348.60.
Apple’s previous all-time closing high was $348.48 set on January 14, 2011. Apple’s 52-week low is $190.25.
Apple’s market value currently stands at $318.72 billion.
The top five U.S. publicly-traded companies, based on market value, are:
1. Exxon Mobil (XOM) – $396.85B
2. Apple (AAPL) – $318.72B
3. Microsoft (MSFT) – $243.58B
4. Berkshire-Hathaway (BRKA) – $202.47B
5. Google (GOOG) – $203.56B
AAPL quote via NASDAQ here.
The blare of trumpets and the roll of drums are getting louder !!!
Hats off to Apple and it’s staff…
“Long live Steve” !!!!!
So much for…
a) Apple being punished over the Jobs news.
b) people whining about how Apple ‘always’ goes down after earnings.
Macromancer
I think it’s the opposite. Always goes down ‘before’ earnings and then back up.
ExxonMobil continues to rise leaving Apple further and further behind. Steve Jobs sneezed sending Apple shares into another funk despite amazing record earnings and a new target price of $550.
If every executive running ExxonMobil died at once it wouldn’t even make a difference. ExxonMobil would still continue to rise. That’s what a trillion dollar market cap company supposed to do. Gambling on the life of a CEO for a company’s value is too risky for individual investors.
“If every executive running ExxonMobil died at once it wouldn’t even make a difference.”
True. It’s because they’re not human.
“Apple shares hit new all-time intraday high”
Is this really news? Come on, every day that the share price goes up it will hit a new high…
What would Michael Dell do if he was in this situation?