Today in Nasdaq trading, shares of Apple Inc. (AAPL) rose $7.09, or 4.73%, to hit a new all-time closing high of $157.14. Apple’s previous all-time closing high was $156.10 set on May 12, 2017.
AAPL’s all-time intraday high stands at $159.75, also set today. Apple’s previous all-time intraday high of $156.65 was set on May 15, 2017.
Apple’s 52-week low stands at $102.53.
Apple, the world’s most valuable company, currently has a market value of $819.30 billion.
The top five U.S. publicly-traded companies, based on market value:
1. Apple (AAPL) – $819.30B
2. Alphabet (GOOGL) – $649.77B
3. Microsoft (MSFT) – $556.98B
4. Facebook (FB) – $490.66B
5. Amazon.com (AMZN) – $476.01B
Selected companies’ current market values:
• Berkshire Hathaway (BRKA) – $439.61B
• Walmart (WMT) – $244.13B
• Taiwan Semiconductor (TSM) – $184.31B
• Intel (INTC) – $172.54B
• Disney (DIS) – $170.06B
• Cisco (CSCO) – $157.60B
• IBM (IBM) – $134.62B
• SoftBank (SFTBF) – $87.33B
• Adobe (ADBE) – $72.60B
• Tesla (TSLA) – $53.53B
• Sony (SNE) – $51.18B
• Hewlett-Packard (HPQ) – $32.22B
• Sirius XM (SIRI) – $26.50B
• Advanced Micro Devices (AMD) – $12.64B
• Twitter (TWTR) – $11.66B
• BlackBerry (BBRY) – $4.58B
• Pandora (P) – $2.03B
• RealNetworks (RNWK) – $164.352M
AAPL quote via NASDAQ here.
MacDailyNews Take:
🎵 Happy days are here again
The skies above are clear again
So let’s sing a song of cheer again
Happy days are here again! 🎵SEE ALSO:
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Apple shares hit new all-time intraday and closing highs – May 1, 2017
Love it, love it, love it.
I’m still surprised at how well Microsoft was able to “reinvent” itself after Windows OS sales caved and all that money was lost from the Nokia debacle. It seems as though some companies are bulletproof no matter how many mistakes are made. How Microsoft manages such a high P/E is incredible? If you were to go down a list of fundamentals, Microsoft would be clearly inferior to Apple in almost every metric possible yet, Microsoft is actually being said to have far more growth potential than Apple could ever muster. Absolutely crazy. If someone could just point out to me what makes Microsoft a stronger bet than Apple, I’d be very appreciative because I’m clearly missing something quite obvious. Yes, I’m aware of their Azure Cloud business but the revenue isn’t even close to AWS, so what gives.
Oh, here we go again. Apple wasn’t even able to hold its 5% gain for even an entire day. I wonder where the share price will be by next week. Don’t get me wrong. I think Apple is doing just great although I think it will do much better when it can get its hands on that overseas cash pile. I’m just concerned about the boo-birds of Wall Street who will again start mouthing off their doubts about Apple and pointing out every little weakness they can find. Is there really any reason to do that? All stocks have some weakness and points they can improve upon. There is will always be the inevitable questions like, “Is Apple still a buy at these levels?” or “Does Apple really have the momentum to climb after their recent rise?” Asking jackass questions like these are ridiculous when Apple’s target prices are in the $160 to $180 range.
It’s always funny when Amazon runs up like crazy the analysts claim, “Amazon is just getting started.” When Apple runs up the analysts claim, “Climbed too much and too quickly so it’s time for a, ahem, ‘CORRECTION’.” So frigging annoying.
When Amazon drops, the analysts start yelling, “Perfect time to buy more Amazon.” When Apple drops, those same analysts proclaim, “Apple is done. Sell Apple now.” Too much negativity aimed at Apple when there’s no reason to constantly do so. How long does Apple have to keep proving itself to these know-it-all jackasses?
After all the unnecessary speculation about a ‘delayed’ iPhone, suddenly someone sees the light as no iPhone ‘delay’ was ever officially announced by Apple. Those analyst b*stards make up their own fictional stories only to disprove them when they feel they’re about to get their dirty little lies exposed.
The analYSTS are practicing pump and dump. Run the price up, then write negative FUD articles until the stock is in their preferred buy range. Rinse, repeat…
Apple almost went out of business in 1997 and Wall Street just can’t get over it. They still act like Apple is 2 quarters away from bankruptcy.
sux to be a short…haha suckers! thanks a trillion…