Apple shares hit new all-time intraday high; Apple passes Exxon as world’s most valuable company

Apple Inc. shares today rose $34.14, or 8.05%, in early morning NASDAQ trading to set a new all-time intraday high of $454.45.

Apple’s all-time closing high was $429.11 set on January 18, 2011. Apple’s previous all-time intraday high was $431.37 set on January 19, 2011. Apple’s 52-week low is $310.50.

With 929.41 million shares outstanding, Apple’s market value currently stands at $422.37 billion.

The top five U.S. publicly-traded companies, based on market value:
1. Apple (AAPL) – $422.37B
2. Exxon Mobil (XOM) – $417.87B
3. Microsoft (MSFT) – $246.19B
4. IBM (IBM) – $222.64B
5. Wal-Mart (WMT) – $210.24B

Selected companies’ current market values:
• GE (GE) – $199.06B
• Google (GOOG) – $188.34B
• Intel (INTC) – $136.33B
• Cisco (CSCO) – $106.52B
• Amazon (AMZN) – $85.04B
• Disney (DIS) – $70.51B
• Hewlett-Packard (HPQ) – 56.58B
• Dell (DELL) – $30.27B
• Nokia (NOK) – $19.55B
• Sony (SNE) – $18.01B
• Yahoo! (YHOO) – $19.46B
• Adobe (ADBE) – $15.21B
• Motorola Mobility (MMI) – $11.57B
• Research In Motion (RIMM) – $7.74B
• Sirius XM (SIRI) – $7.78B
• Advanced Micro Devices (AMD) – $4.55B
• RealNetworks (RNWK) – $0.25B

AAPL quote via NASDAQ here.

Related articles:
Morgan Keegan hikes Apple price target from $513 to $650 – January 25, 2012
Canaccord ups Apple price target from $560 to $650 – January 25, 2012
Trying to put Apple’s mind-bending numbers into some sort of context – January 25, 2012
After Apple’s absolutely epic quarter, will the Street finally wake up? – January 25, 2012
MacDailyNews presents live notes from Apple’s Q112 Conference Call – January 24, 2012
Apple stuns Street with massive $46.33 billion record revenue; all-time record Mac, iPhone, iPad sales – January 24, 2012
Apple shares hit new all-time intraday, closing highs – January 18, 2012
Apple shares hit new all-time closing high – January 17, 2012
Apple shares hit new all-time closing high – January 9, 2012

22 Comments

  1. As a bit of service for the future, could you please draw a line between Cisco and Amazon (or any of the relevant companies in the future) and state: Anything under this line can be bought by Apple right out…
    Saves me some time having to search for the right number in a different post…

  2. Dammit, dammit, dammit. I tried to get a new ETrade account set up just to buy shares at 9:30 this morning, but they have a block on my money for like 5 days. That totally sucks. What a killing it would’ve been otherwise!

  3. Hard to beleive that Sony is “only” an 18 billion dollar company. Use to be EVERYBODY had a walkman and discman back in the day. They were all about consumer electronics. What happened?

  4. My AAPL estimate was $555 for 2012 and at 5:30pm yesterday, it will be $606 now!
    So add $101 per year until 2015 🙂
    2012 = $606
    2013 = $707
    2014 = $808
    2015 = $909 🙂 Betcha!
    … Go Apple!
    Thank you – Steve Jobs 🙂

  5. I’d be more interested in seeing Apple hold that title instead of it being just a fleeting goal as it has been in the past. But even if Apple doesn’t hold onto that spot, as long as Apple shares remain high, I’ll be satisfied. Apple shares already look ripe for slipping, but that may be due to a down market.

    Even after all those upward price target revisions, Apple is sliding. I really don’t quite get that part. Apple is strong and that’s all I’ve heard on the news all morning. What more can Wall Street ask from Apple considering how most of the tech companies are falling flat on their faces?

    1. As long as oil remains high and has the potential to jump much higher, companies like Exxon Mobile with large oil reserves will continue to be valued highly. The AAPL/XOM comparison has very little real meaning – different industries, etc. Fundamentally apples and oranges…

  6. Where is WiseInvestor?? Helloooo…are you there, Wise One? I hope you did not have too much confidence in your own AAPL investing advice. I certainly didn’t, which is why I enjoyed a 10% gain based upon an utterly incredible fourth quarter performance by Apple.

    1. Oh, yes! Mac Quadras…that brings back memories.

      I used the Mac Plus, Mac SE, Mac II, Mac IIci, and Mac IIfx models at work in the 1980s. The IIci was actually one of my favorites – very compact and powerful for its time. We scavenged video cards and monitors from outgoing computers – you could drive up to four monitors on the Mac II series by installing the appropriate number of NuBus video cards. I received a Quadra 800 around 1993 and a PowerMac 7100 (PPC 601) a few years later. I bought a PowerMac 8500 in the mid-1990s for home use, and upgraded it with a 300MHz PPC G3 card around 1999 or so when the price dropped to a few hundred bucks. That upgrade kept it running and useful for four more years. In the early 2000s, I remember a Wintel-using friend of mine being surprised by the processing and graphics speed of my old PM 8500. He was very surprised to learn that it was about five years old at the time (even the upgrade was about three years old). I continued to use Macs at work, but had a hiatus in my home Mac situation until I bought an Intel iMac 24″ in 2007. It is now over four years old and still going strong. I recently bought a 13″ MBA to provide more internet access for homework and such. The latest MBA is a fantastic computer – light, responsive, and long battery life. I plan on purchasing an iPad 3 as soon as it is released.

      It is truly great to be a long time Mac user! It increases one’s appreciation of the incredible progress that Apple has made over nearly three decades of Macintoshes and about five years of iOS devices.

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