Apple shares hit new all-time closing high – again

Apple StoreShares of Apple Inc. (AAPL) today closed above $110 for the first time. Shares of Apple moved up $0.58 on the day, or 0.53%, to close at $110.02 on volume of 22,060,192 shares.

Apple’s current market value is $94,823,487,500.

Apple’s previous closing high was set yesterday, May 17, at $109.44. The company’s all-time 52-week intraday high stands at $110.64, also set today.

Apple’s 52-week low stands at $50.16, set on July 14, 2006.

AAPL quote via NASDAQ here.
Apple’s having quite a May so far (bogus emails notwithstanding).

40 Comments

  1. @ twilightmoon :

    MSFT is at $30.83 … and Michael’s company is at $26.02 –with a notation which reads ..“…DELL is delinquent in its regulatory filings…”

    Dunno why, but theres something hilarious about that ! ” width=”19″ height=”19″ alt=”LOL” style=”border:0;” />

    MW=”over” … as in ..”ITS OVER for those two” …. How does MDN do that ?

  2. I just looked at the “InfoQuotes” on nasdaq.com for aapl, msft, and dell.

    Apple, at (approx) $94 billion market cap, has 861,875,000 outstanding shares.

    Dell, at (approx) $60 billion market cap, has 2,271,614,000 outstanding shares.

    And Microshaft is a monster. Market cap at (approx) 301 billion with 9,792,314,000 outstanding shares.

    Who’s the better value?

  3. What defines “value” when you ask what is a better value?

    AAPL is trading at a premium because it is showing so many signs of continued growth and revenue generation. Does that make it “over valued”? not to me.

    I think that at it’s current levels, MSFT is overvalued and DELL is about right. Why? because MSFT has a dark future and DELL’s is just flat. AAPL on the other had has dominated digital music and that market is growing and it is about to join the top ranks of the cell phone industry in the next few years – that is a huge reason to buy NOW.

  4. you have heard me say it before

    this one goes much higher!!!!!!!!!!!!!!!!!!!!

    look for a pullback ……… I am ( to buy more )

    but smart money will continue to invest as most pepole do not understand the level at which apple rev. is going to expand.

    we will start to see the first rounds of the original switch campain have its effect on the bottom line early next year .. this with new computers and software that will have more wow factor than we have seen in a long time.

    mircosoft is so helpful you would think that Bill and Steve made this deal 30 years ago.

    I am all in baby loving the ride!!!!!!!!

  5. @ hotinplaya

    Just go here:
    http://finance.google.com/finance?q=AAPL

    Just above the chart, click Compare, and you’ll find a checkbox for MSFT conveniently placed.

    ==========

    I see no reason it can’t go a lot higher. A lot. The iPhone is going to be a new container for the Mac platform, but it’s also the dawn of a whole new UI paradigm, namely Multi-Touch. And Apple has it all sewn up. Think about what will follow… Macs, of course, probably notebooks first, dovetailing into real, useable tablets. Game systems of course, you KNOW they are coming. This will all tie into TV and media controls. I have no doubt that the iPhone or something very like it will be the worlds best universal remote because you’ll have access to all your networked media right in your hand. Connect wirelessly to the car stereo, navigation… shit, even diagnostics if they let let the manufacturers in on the fun.

    This is just the beginning. =)

    -c

  6. Well, I’m not selling my AAPL, but I’m a little nervous to buy more at the moment. A market cap almost 1/3 Microsoft’s? That’s a bit high- sure, Apple my continue to drive, but a lot of things still have to go right. I think a lot of the value is built into the stock price at this time.

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