Apple shares hit new all-time intraday and closing highs

Today in Nasdaq trading, shares of Apple Inc. (AAPL) rose $0.65, or 0.40%, to hit a new all-time closing high of $164.00. Apple’s previous all-time closing high was $163.33 set on August 30, 2017.

AAPL’s all-time intraday high stands at $164.52, also set today.

Apple’s 52-week low stands at $102.53.

Apple, the world’s most valuable company, currently has a market value of $847.100 billion.

The top five U.S. publicly-traded companies, based on market value:
1. Apple (AAPL) – $847.100B
2. Alphabet (GOOGL) – $655.309B
3. Microsoft (MSFT) – $575.896B
4. Facebook (FB) – $499.435B
5. Amazon.com (AMZN) – $464.811B

Selected companies’ current market values:
• Berkshire Hathaway (BRKA) – $447.380B
• Walmart (WMT) – $235.340B
• Taiwan Semiconductor (TSM) – $185.660B
• Intel (INTC) – $164.794B
• Disney (DIS) – $156.231B
• Cisco (CSCO) – $161.052B
• IBM (IBM) – $133.300B
• SoftBank (SFTBF) – $87.612B
• Adobe (ADBE) – $76.557B
• Tesla (TSLA) – $59.395B
• Sony (SNE) – $49.158B
• Hewlett-Packard (HPQ) – $32.118B
• Sirius XM (SIRI) – $26.525B
• Twitter (TWTR) – $12.419B
• Advanced Micro Devices (AMD) – $12.308B
• BlackBerry (BBRY) – $4.835B
• Pandora (P) – $2.050B
• RealNetworks (RNWK) – $148.436M

AAPL quote via NASDAQ here.

MacDailyNews Take: Hello, One Hundred Sixty-Four!

SEE ALSO:
Apple shares hit new all-time intraday and closing highs – August 30, 2017
Apple shares hit new all-time intraday and closing highs – August 29, 2017
Apple shares hit new all-time intraday and closing highs – August 15, 2017
Apple shares hit new all-time closing high – August 9, 2017
Apple shares hit new all-time intraday and closing highs – August 8, 2017

9 Comments

    1. My house was paid for largely with profits from AAPL and there’s still plenty of AAPL cooking nicely and making delicious smells, hinting at treats to come later.

      It may not be Martha’s Vineyard, but it’s a unique and beautiful stone built cottage in the centre of a picture postcard English village, which makes it just perfect for me.

    1. Time for some wagering (betting). Although, I expect $200 to be crossed in time, the immediate question is how high will AAPL go before the iPh 8 release? Being conservative, I’ll guess $177. Winner can bitch-slap your most despised conservative/lib.

      1. I’ve been long on AAPL for a long time and also traded some of it to take advantage of predictable fluctuations and then repurchased more stock soon after, when the price has temporarily dropped for stupid reasons.

        If 1,000 shares are sold and then used to buy 1,100 a few days or weeks later, then it’s a profitable deal and massively outweighs any trading fees. In my case, with a bit of planning, the amount of profits taken, plus dividends can be kept just within the threshold of UK Capital Gains Tax, meaning that just over £22,000 of profits ( for a couple such as us ) are tax free. It’s well worth being aware of how your local tax rules operate and optimising your investments and sales in order to be as advantageous as possible.

        I’ve sold some tranches of AAPL from time to time in order to raise money for major items ( house purchase, business capital investment ) and then buy more AAPL when finances later allow. For instance, as my house is now mortgage free, I have massively reduced monthly outgoings and therefore more spare cash, which means that I can buy more AAPL whenever I see a promising opportunity. In short, selling some of my AAPL has meant that I don’t pay money to the bank every month, which means that I can now buy AAPL at a faster rate than before. I should soon have more AAPL than before and also own those extra assets ( house and business ) too.

        Personally, I think it’s good to hold AAPL, but it’s also good to release some of it in order to benefit from it wisely. The trick is to try and sell at fortuitous times. In my case, as a UK resident, the calculation is tricky because it’s not just AAPL that fluctuates, but also the US dollar vs the British Pound. Obviously I try to sell shares when AAPL is doing well and the Pound is weak, which additionally adds to the profits from that sale, but a key aspect is having the flexibility to choose fortuitous times to buy or sell and not be constrained by a fixed timescale.

  1. Apple is a solid company but the market as a whole is in a bubble.

    The risk to Apple traders: in a downdraft, many good stocks get dumped to cover margin calls. That means a great company that is well run can still get hammered if a bubble pops.

    Be careful out there in investor land.

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