Apple shares hit new all-time intraday, closing highs

In NASDAQ trading today, Apple Inc. (AAPL) shares gained $17.03, or 2.63%, on well above average volume of 21,527,760 shares to set a new all-time closing high of $665.14.

Apple’s previous all-time closing high was $648.11, set on the last trading day, Friday, August 17, 2012.

Apple’s all-time intraday high is $665.15, also set today. Apple’s 52-week low stands at $354.24.

Apple’s market value currently stands at $622.44 billion. Also of note today, Apple became the most valuable public company ever.

The top five U.S. publicly-traded companies, based on market value:
1. Apple (AAPL) – $622.44B
2. Exxon Mobil (XOM) – $405.79B
3. Microsoft (MSFT) – $257.45B
4. Wal-Mart (WMT) – $244.56B
5. IBM (IBM) – $229.23B

Selected companies’ current market values:
• Google (GOOG) – $220.83B
• Intel (INTC) – $131.18B
• Amazon (AMZN) – $108.55B
• Cisco (CSCO) – $100.77B
• Disney (DIS) – $90.43B
• Hewlett-Packard (HPQ) – $39.57B
• Dell (DELL) – $21.99B
• Yahoo! (YHOO) – $17.71B
• Adobe (ADBE) – $16.69B
• Sony (SNE) – $12.05B
• Nokia (NOK) – $10.19B
• Sirius XM (SIRI) – $9.87B
• Research In Motion (RIMM) – $3.78B
• Advanced Micro Devices (AMD) – $2.89B
• RealNetworks (RNWK) – $0.28B

AAPL quote via NASDAQ here.

Related articles:
Apple beats Microsoft, sets all-time record for company value at $621 billion – August 20, 2012
Apple shares hit new all-time intraday, closing highs – August 17, 2012
Apple shares hit new all-time closing high – August 16, 2012

19 Comments

  1. “…Apple became the most valuable public company ever.”

    Lame! Lame! Lame! Most valuable with an asterisk. It’s all over the internet that Apple loses out big time to Microsoft’s INFLATION ADJUSTED 1999 market cap, so Apple’s current paltry $622 billion market cap doesn’t count for anything at all. Let me know when Apple reaches a market cap of $900 billion and then I might tip my cap ever so slightly. Otherwise, give it rest.

    1. there is an other asterisk you forgot about – the tech bubble asterisk that caused microsoft’s stock to be so high. you need to lay off the nitrous oxide for a while.

  2. @ Laughing boy

    Your comment is nothing. Everybody understands inflation adjustment. The point is just that – in terms of simple $$ amounts – Apple has surpassed the previous high. Its iPhone business alone is bigger than all of MS.

    To me, however, the question is not “where is it now” but rather “where is it going?”
    This guy has an interesting take…
    http://beta.fool.com/jaans/2012/08/20/understanding-apple-flash-new-high-where-it-going/9958/

    1. At some point, Amazon’s P/E will fall. It’s inevitable. Whether it will fall rapidly, or the P/E will undergo compression over time as sales go up is hard to tell. In the future, investors will realize that Amazon will never have the kind of profitability they are expecting.

    1. In related news, scientists fear an outbreak of an epidemic known only as “Internet Tourette’s.”

      “It’s a baffling disease,” said Dr. Goodwrench. ‘Perfectly normal people suddenly start spouting complete and utter gibberish for no apparent reason. It’s clear that they, themselves, think that they are making sense, but their sentences are disjointed, logic non-existent and they seem to jump from topic to topic with no regard for context or continuity or common sense.”

      The Centers for Disease Control are taking a long hard look at the matter. “It’s a serious problem,” said Israeli professor Telly Prompter. “It appears that when certain key words like ‘Apple,’ ‘Jobs’ or ‘patents’ are uttered, those afflicted with this debilitating ailment simply lose touch with reality and start to mindlessly ramble on and on and on about unrelated matters. It’s similar to a psychotic break — only it’s a lot more boring.”

      “There’s only one known cure for Internet Tourette’s,” opined government guru, Manny Petty. “Step away from the keyboard and shut down your computer. Just. Step. Away.”

      For victims of Internet Tourette’s, like Joel and the millions of other sufferers like him, that is good advice. Very good advice indeed.

  3. Even with this massive move, the Nasdasq still had a down day, unbelievable. Speaking of which, what was the reason behind today’s massive move? Trial outcome against samsung?

    1. The brokers are factoring in the iPhone 5. Pumping up the stock so they can cash in on profits.
      In the long term I don’t care since the stock continues to rise.
      Started with an initial investment of 16k and now it’s over 150k. Not bad for 6-7 years.

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