Today in Nasdaq trading, shares of Apple Inc. (AAPL) rose $0.62, or 0.49%, to hit a new all-time closing high of $127.08. Apple’s previous all-time closing high was $126.48 set on February 12, 2015.
Also during trading today, AAPL set a new all-time intraday high of $127.28.
Apple’s 52-week low stands at $73.05.
Apple, the world’s most valuable company, currently has a market value of $740.21 billion. Apple is the first U.S. company to close above the $700 billion mark. The prior record had been held by Microsoft set on December 30, 1999 with a market capitalization of $618.9 billion. Adjusting for inflation to 2015, Microsoft’s market capitalization would be at $876 billion. At that time, MSFT’s P/E stood at 77x. AAPL’s P/E today stands at only 10x.
The top five U.S. publicly-traded companies, based on market value:
1. Apple (AAPL) – $740.21B
2. Exxon Mobil (XOM) – $392.25B
3. Google (GOOG) – $373.67B
4. Microsoft (MSFT) – $359.90B
5. Berkshire Hathaway (BRK-A) – $356.09B
Selected companies’ current market values:
• Walmart (WMT) – $276.58B
• Facebook (FB) – $212.00B
• Amazon (AMZN) – $177.32B
• Disney (DIS) – $177.04B
• Intel (INTC) – $163.86B
• IBM (IBM) – $158.96B
• Cisco (CSCO) – $150.59B
• Hewlett-Packard (HPQ) – $70.72B
• Yahoo! (YHOO) – $42.76B
• Adobe (ADBE) – $38.13B
• Twitter (TWTR) – $30.52B
• Nokia (NOK) – $29.26B
• Sony (SNE) – $29.86B
• ARM Holdings (ARMH) – $23.37B
• Sirius XM (SIRI) – $21.38B
• BlackBerry (BBRY) – $5.27B
• Pandora (P) – $3.22B
• Advanced Micro Devices (AMD) – $2.42B
• RealNetworks (RNWK) – $253.80M
AAPL quote via NASDAQ here.
Related articles:
Apple shares hit new all-time intraday and closing highs – February 12, 2015
Apple shares hit new all-time intraday and closing highs – February 11, 2015
Apple hits new all-time high, becomes first $700 billion company – February 10, 2015
Apple shares hit new all-time closing high – February 5, 2015
Apple shares hit new all-time intraday and closing highs – February 4, 2015
Apple shares hit new all-time intraday high – January 30, 2015
Apple destroys Street with all-time record earnings – January 27, 2015
Apple P/E today is 17.12, not 10. Still…
Crabapple’s take:- Adjusting for inflation to December 30, 1999, Apple’s market capitalization would have been at over $1 Trillion!
Crabapple’s judgment:- Oh! tra la la! for woulda coulda shoulda! trillion dollars!!!
I think you’re adjusting in the wrong direction. And we all know how painful that can be.
if you adjust EGG coefficients +-BUN on a SAMN curve, it’s higher than that, two months hence.
I’ve been getting hungry, welcome back
The halls of Microsoft & Google continue to be humbled and made to look like under-achievers.
Their once-proud finery is threadbare, yet still they preen
Today Dell’s stock price is $0.00
No it’s not. It has a value. Not being public doesn’t mean it doesn’t have shareholders and a value. Granted, it’s got to be less than just the amount Apple appreciated this week, but it’s not zero.
The increase in market cap for Apple this week is more than the market cap for Adobe.
The increase in market cap for Apple over the past month is more than the market cap for Hewlett-Packard.
At this rate, Apple will hit $1 trillion before the end of the quarter.
I’ll be Delled.
Apple is doomed part deux:
http://seekingalpha.com/article/2913696-apple-pride-comes-before-a-fall?app=1&auth_param=1000bb:1adt4ik:7d470d2ef916ab634b410884ad33a33b&dr=1