In NASDAQ trading today, Apple Inc. (AAPL) shares gained $10.69, or 1.73%, on above average volume of 29,726,487 to set a new all-time closing high of $629.32.
Apple’s previous all-time closing high was $618.68, set yesterday on April 2, 2012.
Apple’s all-time intraday high is $632.21, also set set today. Apple’s 52-week low stands at $310.50.
Apple’s market value currently stands at $576.81 billion.
The top five U.S. publicly-traded companies, based on market value:
1. Apple (AAPL) – $586.76B
2. Exxon Mobil (XOM) – $404.54B
3. Microsoft (MSFT) – $268.00B
4. IBM (IBM) – $242.74B
5. GE (GE) – $211.20B
Selected companies’ current market values:
• Google (GOOG) – $208.94B
• Wal-Mart (WMT) – $206.49B
• Intel (INTC) – $140.44B
• Cisco (CSCO) – $112.14B
• Amazon (AMZN) – $90.86B
• Disney (DIS) – $79.61B
• Hewlett-Packard (HPQ) – $46.37B
• Dell (DELL) – $29.27B
• Sony (SNE) – $20.57B
• Nokia (NOK) – $19.70B
• Yahoo! (YHOO) – $18.42B
• Adobe (ADBE) – $17.02B
• Motorola Mobility (MMI) – $11.81B
• Research In Motion (RIMM) – $6.82B
• Sirius XM (SIRI) – $8.73B
• Advanced Micro Devices (AMD) – $5.57B
• RealNetworks (RNWK) – $0.34B
AAPL quote via NASDAQ here.
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It’s almost frightening how fast Apple has distanced itself from ExxonMobil after being neck-to-neck with the oil giant for such a long time. It shouldn’t be long before Apple’s market cap exceeds that of ExxonMobil and Walmart combined.
Even more interesting is the $17.5 billion traded today. Apple has been in the $16-18 billion in trades every day for months. Does anyone come close to that? I haven’t seen anyone.
Thank you MDN, I was waiting for this.
alexkhan200, you’ve got me thinking. besides keeping track of the multiple of dell’s value, we can now start keeping track of apple’s total compared to the next “n” largest companies. it is already quite a bit larger than exxon/mobil, another $120 billion or so and it will be larger than the next two. the fact that i am even thinking about this is really scary.
Keeping track of the multiple of Dell’s value has become a little old. 🙂 Always fun to look up every now and then so we can smirk at MD but it’s become kind of meaningless lately.
I brought up XOM and WMT because these are two companies whose size in annual revenues (both in the $430~440 billion range) is still significantly larger than that of Apple’s and yet Apple’s valuation is approaching both of them combined.
AAPL share price is now so close to GOOG. I will be happy when it will be more then GOOG. I know it’s not a matter but it will make me happy. Thanks MDN
When I posted on yesterday’s same article that Apple only needed to get another $5B or so in market cap to become the second largest of any publicly traded company in history, I was figuring it would take more than a day to reach that.
Kudos.
Only two milestones left that I can see: 1) Highest market cap ever (currently Microsoft, set in 1999 at $605B). 2) Highest market cap ever, adjusted for inflation. (Roughly $800 billion). Bonus round: First company to $1T.
I expect 1 milestone may be hit in the coming year, but the other two may be a ways off, if ever.
A year ago it was at $341. And it’s doubled from its closing 52 week low of $315 on June 19, 2011. Staggering.
Everyone I speak to, I ask the same thing, “Have you purchased AAPL yet?”
Nearly everyone I know has a position in the company now.
Used to be back in the day, like two months ago, this headline would have easily received 30/40 replies. Now its eight. Maybe ten dollar daily gains are no longer a big deal?