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. Ok, since the subject has come up I’ll ask: What is the largest tax hit a person would take from selling stock? Myself, I’ll leave my holdings alone until retirement, but with all this talk here about tax hits you guys have me wondering. How much does Uncle Sam take from people who cash in a profit on the stock market?

  2. the tax rate for individuals is lower on “long-term capital gains,” which are gains on assets that had been held for over one year before being sold. The tax rate on long-term gains was reduced in 2003 to 15%, or to 5% for individuals in the lowest two tax brackets. In 2011 these reduced tax rates will “sunset,” or revert to the rates in effect before 2003, which were generally 20%.

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