Shares of Apple Inc. [AAPL] today gained $5.58, or 4.39%, to set a new all-time closing high of $132.75 per share on heavy volume of 51,276,644.
Apple’s previous 52-Week and All-Time High closing high was $127.17 set on July 3, 2007 (the market was closed yesterday, July 4, for Independence Day). 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 $114,821,847,000.
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.
AAPL, bitch!
MDN— There have been more analysts than just Laura that doubted Apples growth potential. Let’s make your take a more complete list of “Analysts to Avoid”. It would provide a great public service.
Ahhhhh, you’re back my darling. I missed you.
Today’s rally is based on that AT&T rumor (report) from an un-named source who says that 1 million iPhones have been sold..
I hope for the stocks sake that this report is confirmed by an official source, otherwise there will be a big sell-off tomorrow.
A headline I never tire of!
Another day, another 1200 bucks in the old retirement account. I never tire of the headline.
Love the “related articles” list. Hilarious! When I bought at 80, that was considered astronomically high.
It looks to me as if today’s intraday high was $132.97 and surpassed June 7th’s high.
Just wait until Apple announces profits.
BOOM!
I’d like to see market cap comparisons with DELL, HPQ, MSFT, and other relevant stocks, each time there is one of these “Apple shares hit new all-time closing high – again” articles. Otherwise, it’s going to start to get boring…
I have been telling people to buy this since the first ipod. I bought in when it was 40$. That was before the split at $80. Lets do it again!!!
YEEEhhhaaaa
Can we get a new analyst quote, or or maybe a Ballmer one?
Lets hope that the AT&T person was correct. If so, it’s smart for Apple to wait and announce it tomorrow to pump the stock again. I feel better when I see the smaller incremental gains, though.
It’s a shame that Apple never issues a dividend. A shareholder’s profit is only from the sale of the stock. Granted, that profit could be huge over time, but then you’re left with only cold hard cash (and the tax on your capital gains).
Market Cap Comparison:
AAPL: 115B
MSFT: 287B (still far out, but in a year or so…)
DELL: 66B (what’s that speck in the rear-view mirror?)
HPQ: 120B (within short grasp… next week, for sure)
INC: 143B (a few months down the road)
IBM: 160B (Christmas time? Next spring?)
There you have it, ken1w.
(still far out, but in a year or two…)
Correction: INC was meant to be INTC (Intel Corp.)
So my 5700 shares makes are worth… Not bad.
Laura Goldman, investment advisor: “I’m putting a sock in my mouth now”. Read: sock.
Thanks Predrag. AAPL market cap exceeding Intel and IBM would be momentous.
TIPPING POINT.
MW: ‘point’
Reaching IBM will indeed be a cataclysmic moment in the industry. Reaching HP/Compaq (next week) will mean Apple becoming the BIGGEST maker of Personal Computers in the world (based on market cap, of course). Remember, IBM no longer makes them (and Lenovo is around $6B – couch-cushion change for Apple…). HP has been moving sideways for the past several months, so all we need now is another day like today and we’re there. IBM has been moving up over the past months, but rather slowly. Still, it is a bit far away. Still, if MacBooks end up flying off the shelves for back-to-school, and if newly re-designed (rumoured) iMacs do the same for Christmas, even IBM could be eclipsed. Then, the only one left would be… well, MSFT.
I remember back in 2003, when Apple was trading at about $20 before the split. I could have put $5,000 into them and made off with a substantial profit. I look at that time and bemoan my loss. It definately would have been enough to pay off all of my debts even after the capital gains tax, with plenty left over for a downpaymnt on a house.
So who wants to take a stab at when AAPL’s market cap will top MSFT? I’m talking 300 bn here, not whatever MSFT might fall to between now and then.
My guess is that AAPL will be in that league by 2010.
Like many of you, I started ‘investing’ in Apple more than 25 years ago.
Over that time we’ve ‘profited’ with the world’s best computer hardware, software, and mobile music player.
Then, just a week ago, we got the ‘dividend’ of a Computer in our Pants™ (believe Letterman owns that phrase).
And now we look forward to ever increasing ‘revenue’ as many others are finally joining us in our effort to Change the World.
Oh yea, any ‘money’ we make along the way is just gravy
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BC
She sold them to me! Yippeeeeee!!!