Apple shares hit new all-time closing high – again

Well, why stop with just May? Apple keeps rolling in June! Shares of Apple Inc. [AAPL] today gained $2.93, or 2.47%, to set a new all-time closing high of $121.33 per share on volume of 31,605,650.

Shares of Apple Inc. closed on April 30, 2007 at $99.80.

Apple’s previous 52-Week and All-Time High closing high was $121.191 set on May 31, 2007. AAPL’s all-time intraday high was set today at $121.73.

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

Apple’s market value currently stands at $104,451,493,125.

AAPL quote via NASDAQ here.

20 Comments

  1. @serge:

    Not before the end of this month- too much speculation as to how the iPhone will really do.

    By the end of NEXT month, maybe- if it becomes clear the iPhone is a sellout- but we may not find this out ’til the end of the quarter.

    Remember, iPhone costs and gains are being spread out by Apple over the next 24 months- that will tend to mitigate against any wild swings up or down.

  2. whats you take on WWDC annoucement impacts?, excluding the last conference where the stock went up on the day of the announcements the last few before that saw the stock go down but recover by the end of the week.

  3. “Besides adding over the years, I bought 5,000 shares in June 2003 for $43,750.”

    Rich and getting richer? Ah, how did you do that at $8.75 exactly? If I’m not mistaken aapl was not at $8.75 in June of 2003, maybe $17.50 pre-split. I’m not saying you don’t have 5K in shares now but maybe the correct statement would be, “I bought 2500 share at $17.50 before the split and now I have 5K shares”.

    Either way, you should be a happy person.

    I too have many shares that doubled when they split. I’m not going to say I bought them at $13 dollars when several people wrote in the WSJ that people should look at buying stock in Apple. If I remember correctly the article said something along the line of, if you bought at 13 dollars at the time it was like buying it at $1 dollar a share. That was because Apple had that much money in the bank to cover the price of the stock up to $12 dolllars. So the risk was very low and right as the iPods came out, I bought one and said this was the next big thing. I bought ALOT at $20 a share.

    I’m a happy man.

  4. “Life’s but a walking shadow…”

    Macbeth on Apple’s stock price:

    “And all our yesterdays have lighted fools the way to dusty death.”

    Macbeth on Apple’s prospects generally:

    “A poor player that struts and frets his hour upon the stage, and then is heard no more”

    And Macbeth on MDN takes and postings:

    “It is a tale told by an idiot, full of sound and fury, signifying nothing.”

  5. Buffett tends to shy away (but not always) from companies whose products are indistinguishable from those of competitors, and those that rely solely on a commodity such as oil and gas. If the company does not offer anything different than another firm within the same industry, Buffett sees little that sets the company apart. Any characteristic that is hard to replicate is what Buffett calls a company’s “economic moat”, or competitive advantage. The wider the moat, the tougher it is for a competitor to gain market share.

    Its AAPL’s economic moat that I invested in, at about $54 post split.
    I don’t have returns like some of you guys. But a profit is a profit.

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