In intraday NASDAQ trading today, Apple Inc. hit $100 billion in market value for the first time in company history.
Apple traded as high as $116.06 per share today, with 861,875,000 shares outstanding, to hit a market value of $100,029,212,500.
Apple gave bakc some of the earlier gains and is currently trading at $115.10, up $0.75, or 0.66% with a market value of $99,201,812,500.
To put this into perspective, some other market values of selected companies include:
• Microsoft: $301,505,348,060
• Intel: $126,758,660,000
• HP: $121,245,725,547
• Dell: $59,334,557,680
• Sony: $57,039,927,560
AAPL quote via NASDAQ here.
Psychological barrier. Time to sell!!!!
Show me the money! Show me the money!
No?
I love Apple but this is getting ridiculous.
Yeah, but MSFT is scorching the markets today with the announcement of their new tabletop PC! It’s . . . uh . . . wait a minute. It’s down $.02 right now.
But AAPL is up $.89 to an all-time high. Hmmmmm. Where are all those “SELL SELL SELL” and “Stock Boy” doomsdayers now?
@Randian
He’s posting under a different handle these days…. now he’s simply @(insertusernamehere)
So long Sony and Dell! For dessert, a plate of HP!
Time to buy Microsoft.
Sell monkeyboy to the circus.
Dell, Ouch! It’s all over Mike. How about a DELL phone?
When stock traders sell has almost nothing to do with apple doing good or not. The short term traders will profit take when they think everyone else will be willing to buy at a high price which will be right before or right after the iPhone launch. At that time the average long term investor is going to be looking to buy AAPL. If they were to try and sell right now the price would drop like a rock because there would not be as many people willing to buy right now because they don’t know how the iPhone will do.
HP…have you checked your rear view mirror lately? Please move over to the right lane and show courtesy
towards those blowing past you. Your OS dependency
is like a lead weight and is slowing you down.
Too bad you gave Carly the axe…she at least had a vision.
I hope that Apple will pass Intel by the end of this year, or at least early next year, and be really close to Microsoft by the end of 2008!
Go Apple Go!
They’ve got it all wrong…Enderle, Thurrott and the others were right after all, Apple is going bust. It just took longer for everyone to see what they saw and wrote.
Must be really crap to be them just now…
Maybe Dell should give the investors all their mony back and close.
One third the value of Microsoft today..
Bigger by 2010?
Possible.
Apple should just buy Dell and force them to stop producing all their Windoze boxes. The net effect would be increased market share for Apple and dramatically decreased market access for Micro$hafts crapware.
HP may still have to use Windows…but they have been doing very well thank you very much.
IMHO, of all the PC makers HP and Toshiba (sometimes Sony) are the only ones making hardware that is worth owning.
For example, HP Touchsmart
Sorry guys, wrong link on my previous post, it should have been:
http://www.shopping.hp.com/store/product/product_detail/RN635AA%23ABA
So…$100 billion is like…a lot of money or somethin’?
Worth pointing out that AAPL is now worth more than Oracle. Not the first time this has happened; there was a short period in January ’06, but ORCL soon stretched away again.
Anyhoo, nearly $101 billion now: I would think that has to put SPJ in a the top division of turnaround CEO’s, given that the value was $13.39 billion in September 2004.
M@c
Yes, $100,000,000,000 is a lot of money, but still just paper.
You can’t eat it. You can’t drive it. It can’t sing, and it doesn’t dance.
And apparently, by what we’ve seen from Microsoft over the years, having a lot of it doesn’t help you write software any better.
Plus, as we all know, money won’t buy you love, but you sure can rent it for a few hours.
BC
@Infomercials
Re: Toshiba hardware
<lundberg>mmmm, yeah, gonna have to disagree with you there. </lundberg>
I owned a Toshiba laptop. It was a POS. My Powerbook is far superior in every way.
They will double DELLs cap within a month
Can’t wait for when Apple is worth more than Sony and Dell combined. 20 billion may seem like a lot but it’s in sight.
There is a new Gnu on the block!
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