Apple shares hit new all-time closing high – again

Shares of Apple Inc. [AAPL] today gained $3.6601, or 2.73%, to set a new all-time closing high of $137.73 per share on volume of 32,351,941.

Apple’s previous 52-Week and All-Time High closing high was $134.0699 set yesterday. AAPL’s all-time intraday high was set today at $137.85.

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

Apple’s market value currently stands at $119,129,288,040.

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.

70 Comments

  1. “Someone said to me that a high PE ratio isn’t necessarily good. AAPL’s PE currently is 43. Is this good or bad?”

    Depends on what you’re comparing it to and how much room you think Apple has to grow. The Forward P/E of 29.75 is more significant, really. And it all could (will) change in a week and a half when the “E” gets its lid blown off.

  2. I currently maintain a newly-expanded overview of around 30 companies whose orbits intertwine with Apple’s own.

    Amongst the new companies is Vivendi-Universal, whose lack of any active presence on either NYSE or NASDAQ had forced me to go to their website for information.

    My most recent visit caused me to wander around the site to get a feel for Vivendi’s operations, which include France’s second largest mobile telecoms provider which forces me to ask why Apple doesn’t use the iPhone as leverage to get what it wants.

    For those who can join up my dots, what I’d like Apple to do is hang iPhone over VU’s head like a technological sword of Damocles; keep jerking us around on UMG’s participation on iTS and the ridiculous requests for iPod royalties and not only will you not see iPhone as a supported phone on SFR (the Vivendi mobile network) now, but you’ll never see it for ten years. Alternatively, play ball with UMG – including a long-term (five-year commitment) to iTS and we’ll make yours the most attractive mobile network in France.

    Then the question to VU is simple: what is worth more – the royalties from 80 million iPod/iPhones and maybe an extra 20% from iTS sales or losing 15-25% of their customers to France Telecom’s Orange assuming that’s where iPhone lands up?

  3. again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again and again… yyyyyyyeessssssssss!!!!!!!!!!!

  4. Apple has massive room to grow.

    With their approximate ≠ 6% market in computers – And growing.

    Not everyone owns an iPod yet.

    iPhone has only just begun.

    AppleTV – baby steps

    Oh yeah – Vista (Virusta) – a great sales tool for Leopard

Reader Feedback

This site uses Akismet to reduce spam. Learn how your comment data is processed.