Apple shares hit new all-time closing high – again

Apple StoreShares of Apple Inc. [AAPL] today gained $4.42, or 3.87%, to set a new all-time closing high of $118.77 per share on heavy volume of 52,743,517.

Shares of Apple Inc. entered the month of May at $99.80 (4/30/07 closing price).

Apple’s previous 52-Week and All-Time High closing high was $113.62 set on Friday, May 25, 2007. AAPL’s all-time intraday high was set today at $118.88.

Apple’s 52 Week Low stands at $50.16, set on July 14, 2006.

Apple’s market value currently stands at $102,729,873,960.

AAPL quote via NASDAQ here.

34 Comments

  1. Everytime I see these new highs, I want to cry.

    I sold my Apple stock at $21 before the two splits.

    Ironicly, I was happy to sell at $21 at the time.

    If only I would of held on to them. Oh well.

    Maybe I can get the board to do some back dating for me?

  2. This is great, I purchased 50 shares 4-18-07 at $90.35 per share for the specific purpose of letting the stock rise in value to allow me to buy a new iPhone “guilt free”. That $4,635.00 investment (with fees) is now worth appox. $5,935, a gain of $1,300. By the time iPhone is available I may be able to buy 2, and even pay for a new plan with the sale of those 50 shares. I’ll still have plenty of Apple shares to help with retirement ” width=”19″ height=”19″ alt=”grin” style=”border:0;” />

  3. I believe the long-term prospects for Apple are still very good, but be prepared for a sell off sometime soon. AAPL has gone up way too much in too short of a time-frame. A near term pull-back is inevitable.

    Go ahead and ream me now with your comments, but let me clarify… I beleive AAPL is a great stock, but the four week rally that we’ve seen is too much at once.

  4. Just one incendiary launch away from taking HP and Intel.

    All it takes is images of frenzied queues of people waiting for their iPhones across the country and the instinctive private investor is going to start buying options like they’re going out of style.

    Throw in a share-split around the time they report in October to throw in some much needed liquidity, and we could see Apple with a valuation of around $140 billion around Christmas.

  5. @@ shareholder

    When is it again that capital gains no longer hit you so hard? Isn’t after a year or 18 months that you can take your money out without getting hosed? Or is that just a nasty rumor?

  6. AAPL has just been added to the S&P 100 index. This is why the after hours bump. Expect a much bigger bump tomorrow as all the Fund Managers for indexed funds that are based on the S&P100; have to purchase AAPL shares.

    Beautiful, just beautiful.

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