Apple shares hit new all-time closing high – again

Shares of Apple Inc. [AAPL] today gained $4.59, or 3.81%, to set a new all-time closing high of $125.09 per share on volume of 35.52 million.

Apple’s previous 52-Week and All-Time High closing high was $124.49 set on June 8, 2007. AAPL’s all-time intraday high was set June 7, 2007 at $127.61.

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

Apple’s market value currently stands at $108,196,345,320.

AAPL quote via NASDAQ here.

[Thanks to MacDailyNews Reader “Jimbo von Winskinheimer” for the heads up.]

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.

17 Comments

  1. MDN!

    Keep quoting Laura Goldman!

    ANALysts like her need to have their noses rubbed in their pseudo-crap.
    It’s important that they learn that you have to research a subject before you play at being an expert.

  2. Well, in general, putting ones eggs in one basked qualifies (generally) as stupid. However, if one does one’s research and carefully chooses the moment and the ‘basket’, as it were, the strategy may be reasonably safe and extremely rewarding. Putting any money in AAPL (even 5% of one’s portfolio) is smart. Putting all of it in AAPL is somewhat risky, rather courageous and, at this particular moment, a no-brainer, for at least some time. What future holds, we will see. For now, the ride is very fast!

  3. LinuxGuy and Mac Prodigal Son, qualifies his “stupid” pecuniary gambit by stating that – “I’ve bet the farm.”

    Courageous indeed, now it’s down to his nerves of steel, gut instinct and judicious timing.

    I say … GOOD LUCK, I hope you make a motza.

    Forrest Gump: (referring to Apple Computers) “He got me invested in some kinda fruit company.”

    Lt Dan got it.

  4. “Well, in general, putting ones eggs in one basked qualifies (generally) as stupid.”

    Wrong. With stocks it always qualifies as stupid.

    “Courageous indeed,”

    By Courageous, I presume you mean Stupid.

    “see how well your investments did over the same time.”

    Even if LinuxGuy comes out ahead, the move is still stupid. Stupid actions are not made smart by a fortuitous outcome.

    Betting the farm on a stock which seems to be doing well is a classic rookie mistake.

    Those whiners at Enron who put all their retirement money in Enron stock wouldn’t be whining if they’d held diversified portfolios. They felt at least as strongly at the time that an 100% Enron investment strategy was smart as Linux guy does that an 100% Apple investment is smart. Not that I’m equating Enron and Apple as companies. I’m giving it as a textbook example of the mistakes people can make in their investment decisions when they get caught up in how well a single stock is doing and bet the farm on it

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