Shares of Apple Inc. (AAPL) rose $8.38, or 1.41%, to close at $600.96. Apple also notched a new intraday 52-week high of $601.00 today.
This marks the first time Apple shares have closed above $600 level since October 26, 2012 ($604.00).
Apple’s previous 52-week high was $590.24, set on April 28, 2014. Apple’s 52-week low stands at $388.87, set on June 28, 2013.
Apple’s market value currently stands at $517.65 billion.
The top five U.S. publicly-traded companies, based on market value:
1. Apple (AAPL) – $517.65
2. Exxon Mobil (XOM) – $444.70B
3. Google (GOOG) – $356.00B
4. Microsoft (MSFT) – $325.71B
5. Berkshire Hathaway (BRKA) – $312.01B
Selected companies’ current market values:
• IBM (IBM) – $193.59B
• Amazon (AMZN) – $142.67B
• Disney (DIS) – $142.30B
• Intel (INTC) – $130.27B
• Cisco (CSCO) – $118.25B
• Hewlett-Packard (HPQ) – $61.59B
• Yahoo! (YHOO) – $38.07B
• Adobe (ADBE) – $30.58B
• Nokia (NOK) – $27.00B
• Sirius XM (SIRI) – $19.49B
• Sony (SNE) – $18.30B
• BlackBerry (BBRY) – $4.11B
• Advanced Micro Devices (AMD) – $3.11B
• RealNetworks (RNWK) – $0.27B
AAPL quote via NASDAQ here.
Steady and slow now !!
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buy all means – steady as she goes – perfect timing now….
The 7-for-1 stock split is interesting, given the current price and Apple’s all-time high (just over $700). When AAPL rises above $100 a share AFTER the split, AAPL hits its all-time high.
wow, where is Dell on that list? Oh yeah, they gave all the money back to the shareholders, just like mikey would have done, too bad they did not do it while it was worth a dang…..
They were getting close to being overtaken by RealNetworks (RNWK) at which point Mike Dell frantically hit the ejector button.
But Apple is DOOMED. DOOMED i tell you!
Ironic isn’t it? Even if Apple had a double the record revenue for a quarter, the stocks will tank big time. Yet this little split shoots the stocks up to heaven.
all it takes is a catalyst… large or small to change the narrative…
Either direction.
Treat Wall Nut Street as a bunch of drug-addled children and they will respond. Proof!
It’s not really the stock split itself, but what the TIMING of the stock split signifies. Apple is not going to do the split now, if AAPL is likely to stagnates after the split. The timing of the split means there is a significant product announcement at about the same time as the effective date (which just happens to be the day of the WWDC keynote).
NOTE: Some rumors say Cook will NOT release a “new” product like iWatch at WWDC. But it MAY be introduced. iPhone was introduced months before it was released. So was iPad. If it’s an entirely new product category for Apple, there is no problem with announcing it months before it actually goes on sale.
But it’s not just one announcement. Apple must have a series of product announcements lined-up, to keep the momentum going. Two obvious ones are highly-enhanced new iPhone and iPad models. And early next year, maybe the “hobby” is finally ready for primetime. Or something unexpected.
THAT is why the stock spilt is significant. It means whatever Apple has been working on since the transition from Jobs-Cook to Cook-Ive is finally ready to roll. The stock split signifies the TRUE start of Apple’s “Cook-Ive” (post Steve Jobs) era.
iTransporter.
bingo !-)
Buy Yahoo and get the search Game On!
No. These days Yahoo’s search is predominantly BINGoBoingo results, just as BINGkyBoinky is predominantly Google results.
Apple requires something less profligate, philanderous or coprophiliac as a web search engine.
Funny, I hadn’t noticed any snot-nosed trolls around here recently
I know what happend to them, the fallout from recent news has forced them underground
they are staging their comback but it will not have the force to dent the coming wave from apple (ok, maybe a bit over-hopeful, but hey)
They have been using Kleenex lately. I should buy stock in the company because the trolls have very large noses that they stick into our business.
New photo? Really you this time? Maybe use a photo from your wedding.
Not a chance, Electro. After the divorce I tore up all the wedding photos.
Where is Dell these days? I haven’t heard a peep about them.
funny how dead seems silent?
Dell went private, off the Wall Nut Street coke-blurred radar.
Apple also notched a new intraday 52-week high of $601.00 today.
About bloody time. And all Apple had to do was pull some flashy trick-of-the-light, smoke and mirrors moves that delight all the coke-addicted Wall Nut Street lunatics. 😛
Meanwhile: Apple Thrives On.
You know what this means. Tim Cook has FAILED! He’s just a supply-chain guy!