Shares of Apple Inc. [AAPL] continue to rise, today gaining $1.34, or 1.10%, to set a new all-time closing high of $122.67 per share on volume of 32,425,408.
Apple’s previous 52-Week and All-Time High closing high was $121.33 set on June 4, 2007. AAPL’s all-time intraday high was set today at $122.69.
Apple’s 52 Week Low stands at $50.16, set on July 14, 2006.
Apple’s market value currently stands at $106,103,171,160.
AAPL quote via NASDAQ here.
MacDailyNews Note: “I am putting a sell on Apple, the company that created the iPhone,” Laura Goldman, investment advisor, LSG Capital, May 21, 2007. AAPL closed at $111.98 that day.
Friggin WOW !
¥ep!
A mere 21 billion away from Intel’s market cap and 16 from HP.
The orchard keeps growing. Keep it up, Apple.
We’re now at the stage where Apple is worth 175% of Dell.
Dell’s share price has gone up recently, but my prediction would be that their recent gains will stall, while AAPL will continue to rise for some time. So, when will AAPL first have twice the market value of Dell? I’ll start. My guess would be towards the end of July. Say, Friday 27 July. Any takers?
Are these daily updates really necessary?
Bilbo: Yes. Yes, they are. Any other questions?
Bilbo.
No one is forcing you to take 1.3 seconds to read a headline. Is it really that big of a deal?
My advice, if you don’t like it, just skip it and let those of us who have AAPL frolick in our daily joy.
And get used to it. This will be a regular occurrence.
Less than $200 billion to go until we pass MSFT!!!
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MDN,
Easy, no-brainer way to pump up the number of articles – copy from yesterday / paste for today, just change a few numbers…
I hope you get an extra no-brainer story like this for every day…
I bought some 450 shares two months ago. If this continues to grow at this pace, I plan to comfortably retire on AAPL in exactly 4 years ( 33% in 2 months, makes over 4x in a year makes 256x my initial investment of about $40k – close to 10 million). One can alwasy hope…
Bilbo Faggins,
Every time AAPL hits a new all-time high is news. Just because it does it virtually every day lately doesn’t make it any less newsworthy.
@ Predrag
Even I’m not that optimistic. ;P
You don’t know the history of tall friggin’ piles of cash piled to the ceiling in both guest room and the study… I do.
“Less than $200 billion to go until we pass MSFT!!!”
You should add that to the optimism entry in the Urban Dictionary.
http://www.urbandictionary.com/define.php?term=optimism
My shares went up 1.1%, and my options went up 13.95% today. I’m just working up the guts to move most of my money from shares to options a few days before the WWDC keynote.
Owning AAPL shares is great. Owning July $135 calls is even better. 😀
-jcr
My shares went up 1.1%, and my options went up 13.95% today. I’m just working up the guts to move most of my money from shares to options a few days before the WWDC keynote.
Owning AAPL shares is great. Owning July $135 calls is even better. 😀
-jcr
My shares went up 1.1%, and my options went up 13.95% today. I’m just working up the guts to move most of my money from shares to options a few days before the WWDC keynote.
Owning AAPL shares is great. Owning July $135 calls is even better. 😀
-jcr
My shares went up 1.1%, and my options went up 13.95% today. I’m just working up the guts to move most of my money from shares to options a few days before the WWDC keynote.
Owning AAPL shares is great. Owning July $135 calls is even better. 😀
-jcr
Man and I was glad it went over 100 a month or so back.
Keep going. My next milestone is 130 bucks. Let’s try to get there before June 29th.
Buy AAPL
Current Apple share price: $122.67
When Laura Goldman call for a sell: $110.02
That’s $12.65 per share people lose if they listen to Goldman.
“My shares went up 1.1%, and my options went up 13.95% today. I’m just working up the guts to move most of my money from shares to options a few days before the WWDC keynote.
Owning AAPL shares is great. Owning July $135 calls is even better. :D”
– I’m with you JCR, I bought a june $120 call a couple weeks ago and it feels good to be in the money. I’m only a young soph in college, and I’ve already made over 600% from my initial investment of several G’s and its not even WWDC yet (the reason i bought the june call in the first place). Its surprising how obvious this move is, yet so few people see the signs. As soon as I sell on the 14th, I’m buying a July call the same day, to gear up for profit from the iphone launch (I wouldn’t be surprised if apple was over $150 by August. You are headed in the right direction, work up those guts and you’ll be quite pleased.
“That’s $12.65 per share people lose if they listen to Goldman.”
Nice call! Glad someone remembered to bring that up.
But let’s be fair. In deference to Ms. Goldman, I have set my trailing stop at 12 dollars. So even with such a huge drop, I’ll still have 65 cents on her. (oops! plus another 26 cents in the after market!)
Hope ya didn’t short it, honey.
-c
“A mere 21 billion away from Intel’s market cap and 16 from HP.
The orchard keeps growing. Keep it up, Apple.”
And that doesn’t make you think Hmm, perhaps overpriced?
OK, well they’re probably going to come out with an iPhone sock puppet shortly that will give you further comfort in your buying activities.
“And that doesn’t make you think Hmm, perhaps overpriced?”
What is your personal analysis of the fair market price of AAPL? Please provide numbers and sources to support how you’ve arrived at this opinion.
@Derek
I too have been follwoing Apple v. Dell market vlaue for last two years, and it has been sweet to see Dell choking in Apple’s dust. Apple will be 2x Dell this year but barely. I see Apple stock increasing until iPhone release but then taking a hit and not achieve 2x Dell until Dec or Jan, when 4th quarter sales show the doubters that remain that Apple is THE tech. company of the future.
And all because of product quality. Without that, “design”, “style” and “cool factor” (which the media love to attribute as Apple’s most significant forté) would be meaningless.