In Nasdaq trading today, shares of Apple Inc. (AAPL) rose $0.60, or 0.29%, to hit a new all-time closing high of $207.99. Apple’s previous all-time closing high was $207.39 set on August 2, 2018.
AAPL’s all-time intraday high stands at $208.74, also set today.
Apple’s 52-week low stands at $149.16.
Apple, the world’s most valuable company, currently has a market value of $1.004 trillion.
The top five U.S. publicly-traded companies, based on market value:
1. Apple (AAPL) – $1.004T
2. Amazon.com (AMZN) – $889.293B
3. Alphabet (GOOGL) – $850.780B
4. Microsoft (MSFT) – $830.093B
5. Facebook (FB) – $513.29B
Selected companies’ current market values:
• Berkshire Hathaway (BRKA) – $502.137B
• Walmart (WMT) – $261.917B
• Intel (INTC) – $228.636B
• Taiwan Semiconductor (TSM) – $217.862B
• Cisco (CSCO) – $200.463B
• Disney (DIS) – $168.910B
• IBM (IBM) – $135.584B
• Adobe (ADBE) – $124.022B
• SoftBank (SFTBF) – $91.157B
• Sony (SNE) – $70.186B
• Tesla (TSLA) – $55.145B
• Hewlett-Packard (HPQ) – $37.058B
• Spotify (SPOT) – $31.800B
• Sirius XM (SIRI) – $30.833B
• Twitter (TWTR) – $23.967B
• Advanced Micro Devices (AMD) – $18.262B
• BlackBerry (BB) – $5.328B
• Pandora (P) – $2.1748B
• Sonos (SONO) – $1.860B
• Fitbit (FIT) – $1.315B
• RealNetworks (RNWK) – $138.999M
AAPL quote via NASDAQ here.
MacDailyNews Take: On to $2 trillion we go!
SEE ALSO:
Apple shares hit new all-time intraday and closing highs – August 2, 2018
Apple shares hit new all-time intraday and closing highs – August 1, 2018
Apple shares hit new all-time intraday and closing highs – July 25, 2018
Apple shares hit new all-time intraday and closing highs – June 6, 2018
Apple shares hit new all-time intraday and closing highs – June 5, 2018
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
Laid end to end, one trillion Microsoft Surface tablets would still be worthless.
Now what could apple buy with it’s available cash? Haven’t seen that list in a while.
Apple can and should buy Apple. It probably could buy itself private in 10years.
Yes, while it may still need internal shares to reward its top employees and attract new talent, it stopped needing investors after their money was no longer needed. Now, investors are simply hangers-on.
As a long term but not initial investor, Apple has never needed my money. The only time the needed anyone’s money is when they offered initial shares of the company. Anyone who is a shareholder is by definition an owner and not subject to being “needed”. Apple is happy to buy out any shareholder, resulting in more concentrated ownership among the remaining shareholders. Those shareholders would have to be offered a significant premium to sell their shares should an investment group try to take Apple private.
Yes.
what would Mikey do?
No, Zombie. A corporation cannot take itself “private.” The assets that Apple uses to buy back stock as shareholder assets. Apple is merely concentrating ownership through its stock buybacks. Nothing mor, nothing less. An external source of capital (cash, loans, securities) is needed to take a company private. To take Apple private would require well over $1T – Apple’s current market capitalization plus a premium of 30% or more. Not likely to happen.
Please, let’s squash this Apple taking itself private BS right now. It in total nonsense. It cannot happen. Repeat…cannot. External capital is required!
Hmmm just last week everyone was saying Amazon would hit $1 trillion market-cap first.