In Nasdaq trading today, shares of Apple Inc. (AAPL) rose $1.48, or 0.77%, to hit a new all-time closing high of $193.31. Apple’s previous all-time closing high was $191.83 set on June 4, 2018.
AAPL’s all-time intraday high stands at $193.94, also set today.
Apple’s 52-week low stands at $142.20.
Apple, the world’s most valuable company, currently has a market value of $950.146 billion.
The top five U.S. publicly-traded companies, based on market value:
1. Apple (AAPL) – $950.146B
2. Amazon.com (AMZN) – $823.115B
3. Alphabet (GOOGL) – $796.262B
4. Microsoft (MSFT) – $785.146B
5. Facebook (FB) – $558.49B
Selected companies’ current market values:
• Berkshire Hathaway (BRKA) – $472.519B
• Walmart (WMT) – $249.839B
• Intel (INTC) – $263.43B
• Cisco (CSCO) – $205.375B
• Taiwan Semiconductor (TSM) – $195.449B
• Disney (DIS) – $148.963B
• IBM (IBM) – $131.912B
• Adobe (ADBE) – $124.447B
• SoftBank (SFTBF) – $77.444B
• Sony (SNE) – $60.942B
• Tesla (TSLA) – $49.432B
• Hewlett-Packard (HPQ) – $38.441B
• Sirius XM (SIRI) – $31.620B
• Spotify (SPOT) – $29.388B
• Twitter (TWTR) – $29.846B
• Advanced Micro Devices (AMD) – $14.395B
• BlackBerry (BB) – $6.559B
• Pandora (P) – $1.938B
• Fitbit (FIT) – $1.508B
• RealNetworks (RNWK) – $132.989M
AAPL quote via NASDAQ here.
MacDailyNews Note: Just a mere $50 billion to go! 🙂
SEE ALSO:
Apple shares hit new all-time intraday and closing highs – June 4, 2018
Apple shares hit new all-time closing high – June 1. 2018
Apple shares hit new all-time closing high – May 10, 2018
Apple shares hit new all-time closing high – May 9, 2018
Apple shares hit new all-time closing high – May 8, 2018
Apple shares hit new all-time intraday and closing highs – May 7, 2018
Apple shares hit new all-time intraday and closing highs – May 4, 2018
Apple shares hit new all-time intraday and closing highs – March 12, 2018
Going UP after a keynote!
👍🤞
The magic number, if the share count doesn’t change again, is $197.0826, to be precise.
That is incorrect. The current number of diluted shares outstanding is 4.915138 billion so the share price required to hit the “magic number” is $203.46.
If $193.31 per share delivers a market cap of $950.146B, then 193.31/950.146 * 1000 is the target price for $1000B or $1T.
You can also divide the market cap by the price per share to calculate the number of shares outstanding: 950.146/193.31 = 4.91514B shares.
All of these numbers are subject to roundoff accuracy in the original data. But they are more than close enough to do the job for this purpose. At any rate, you can start getting excited about that record round number market cap of $1T when AAPL moves north of $203. But don’t overlook that fact that Apple has been setting market cap records for quite a while. The threshold of $1T is only special as a round number in the decimal system.
Onward and upward.