Apple Inc. shares today rose $7.15, or 2.00%, in NASDAQ trading on above average volume of 17,173,274 shares to set a new all-time closing high of $364.92.
Apple’s previous all-time closing high was $363.13 set on February 16, 2011. Apple’s all-time intraday high stands at $365.00, also set today. Apple’s 52-week low is $195.71.
Apple’s market value currently stands at $337.46 billion.
The top five U.S. publicly-traded companies, based on market value:
1. Exxon Mobil (XOM) – $408.87B
2. Apple (AAPL) – $337.46B
3. Microsoft (MSFT) – $225.83B
4. IBM (IBM) – $212.61B
4. General Electric (GE) – $195.25B
Selected companies’ current market values:
• Google (GOOG) – $192.58B
• Wal-Mart (WMT) – $186.23B
• Intel (INTC) – $118.61B
• Amazon (AMZN) – $96.23B
• Cisco (CSCO) – $85.75B
• Hewlett-Packard (HPQ) – $72.78B
• Disney (DIS) – $74.23B
• Dell (DELL) – $32.03B
• Sony (SNE) – $27.13B
• Nokia (NOK) – $20.55B
• Yahoo! (YHOO) – $19.14B
• Adobe (ADBE) – $14.47B
• Research In Motion (RIMM) – $14.34B
• Sirius XM (SIRI) – $9.20B
• Motorola Mobility (MMI) – $6.23B
• Advanced Micro Devices (AMD) – $4.42B
• RealNetworks (RNWK) – $481.96M
AAPL quote via NASDAQ here.
MacDailyNews Take: We got a bit out of practice on this one. Hopefully it’ll become a habit again!
Related articles:
Analysts: Even at all-time high, Apple stock still looks cheap ahead of results – July 15, 2011
Apple shares hit new all-time intraday, closing highs – February 16, 2011
I miised this headineee, my favorite 😀
Sitting here at my desk looking at the news with a stupid grin on my face. Just enjoying the moment.
Ahhhhhhhh! So nice to see this headline again.
Up and down…up and down…ad nauseum. I wonder where the stock would be if the big hedge funds were letting AAPL establish its true market value instead of manipulating its performance for short term gains?
You do realize that up-down-up-down is what stocks do? That’s called the free market at work. It’s always been that way with every stock, and it always will be that way.
They love to work this stock, partly because of the secrecy so necessary to develop products, when the entire sector starts copying the minute anything is divulged. Apple also refuses to jawbone the stock or offer much serious guidance. I applaud their refusal to play the game, but the hedgies love that silence (as well as the Steve Jobs death watch) when shorting. They also love the fact it will always come back to go higher, when long.
I don’t care for the stock-split argument, except for one significant point. It is known the NYSE would love to add Apple, but the peculiar way they compile the index gives high-dollar issues disproportionate influence. A split of 5:1 or 10:1 would likely put AAPL into the NYSE, and all the index funds thereby devised. This would add a firmer floor under the stock, as well as further dispel the lingering boutique image that continues to follow the company.
I think you mean Dow, its allready part of the nyse 😀
Yeah, the Dow, sorry. Trying to do more than one thing at a time.
To echo the sentiment of another, “up and down” is what stocks do. Apple’s true market value is whatever the stock price is times the number of shares there are. Right now, that is $337,460,000,000.
The best time to buy Apple is 12 years ago. I know. I did.
memo to Michael Dell:
2. Apple (AAPL) – $337.46B
• Dell (DELL) – $32.03B
Read it and weep. Apple is now over ten times larger than your pride and joy.
But…but…but…Dell sells a boatload of PCs…and…and…and…Android has 500,000 activations a day…but where’s the money? Show me the money, Mikey. That’s what the Android retards fail to understand: volume does not equal profit.
“RealNetworks”
Wow, that one takes me back. Like to the time of Syquest, SCSI and SuperMatch. Can hardly believe they’re still around. 🙂
Ah syquest and scsi! I spent 20 minutes unboxing My new PowerMac 7200, pugging in all the peripherals (Syquest drive was one) and connecting to our network. I was the only Mac. The IT guy used to take a full day (or more) to get the cheap wintel machines up and working on the same network! He thought my request for and expensive “niche” Mac was not worth it. I enjoyed calling him when I opened the box and minutes later when I was back to being productive!
Syquest! It’s hard to even find anyone that knows what that is now days… I remember the pain of waiting for my files to copy to a Syquest disk. Then remove, restart, reformat, and try again.
Oh the joy I felt using my first Zip disk, then a Jazz disk. Amazing.
Ii wonder if Apple winning its ITC case against HTC on two of its patents had anything to do with today’s price run up?
IBM may soon overtake Microsoft, in market cap.
Hey MDN? Aren’t you forgetting something? (Hint: making fun of Dell, SITAGTMBTTS)
I want the Laura Goldman quote…..that one is much more satisfying to read.
Both old and tired news. We’re in a new decade…! Let’s find some new amusing quotes.
I’ve missed that headline soooooo much!
Countdown
Just parked my pension this morning @ 364. Common’ AAPL, make my day in 2019
Made my day.
Realnetworks has gone from RealNetworks $552.16M on Feb 15, 2011 to $481.96 today. Nice slide!
Wow, in the 5 months that have gone by since 02/16, only 5 out of these 22 companies have increased their market caps.
These big winners are (by change in %): Sirius XM (+39%), Amazon (+14%), Dell (+7%), #4 IBM (+6%), and #2 Apple (+1%).
From here on out it’s downhill. The minor losers are: #3 Microsoft (-1%), Intel (-2%), #1 Exxon Mobil (-2%), Google (-4%), and Wal-Mart (-4%).
The moderate losers are: Disney (-10%), RealNetworks (-13%), #5 General Electric (-14%), Cisco (-17%), Adobe (-17%), and Yahoo! (-18%).
And the major losers are: Sony (-25%), Motorola Mobility (-29%), Advanced Micro Devices (-32%), Hewlett-Packard (-32%), Nokia (-39%), and Research In Motion (-60%). Wow.
I think AAPL just broke the psycological barrier now. It’s gonna fly now.
Apple shares hit new all-time intraday, closing highs? I’ll say. AAPL is over 500 million dollars a share according to MDN’s stock ticker.
Jul 15, 2011 – 05:30 PM EDT — AAPL: 505545728.00 (+0.0078, +0%) | NASDAQ: 2789.80 (+27.13, +0.98%)
Apple’s market cap is now nearly 50% larger than Microsoft’s! It wasn’t all that long ago that Apple pulled even. This is a strong, long term growth trend with no signs of stopping.