Apple shares hit new all-time closing high – again

Shares of Apple Inc. [AAPL] today gained $3.75, or 2.68%, to set a new all-time closing high of $143.75 per share on heavy volume of 41,447,816 shares.

Apple’s previous 52-Week and All-Time High closing high was $140.00 set yesterday. AAPL’s all-time intraday high was set today at $144.181.

Apple’s 52 Week Low stands at $52.36, set on July 19, 2006.

Apple’s market value currently stands at $124,336,275,000.

AAPL quote via NASDAQ here.

49 Comments

  1. I think a lot of people jumped from GOOG to AAPL. Once financial numbers are released, things are going to get very interesting.

    Apple the behemoth from Apple the beleaguered.

  2. It ain’t splittin’. There is no reason or purpose. What could possibly be the benefit of splitting? So that those who hold, say 1000 shares (bought at average $110) would then have 2000 shares at bought at $55 (split-adjusted)? What difference would that make? They’d still have the same dollar value.

    The only reason for a stock split would be to enable poor investors to buy shares. Is there anyone who is seriously investing (or trading) who cannot afford $145?

    Jobs’s approach seems to be taking advice from Warren Buffet. Berkshire-Hathaway shares are now at $110,000. How many here can buy even one single share? Obviously, only serious folks are trading BRK.A, which explains why its gyrations are moderate at best and mainly reflect the true fundamentals and market conditions, rather than emotional involvement of small-time investors and traders.

    I’m guessing, next Wednesday, we’ll surpass HP.

  3. @All posters who say AAPL should not split.

    I totally disagree with you, volatility will not disappear even @ 200-250 take a look at RIMM, and comparing a stock trading at $110,000 + to a stock trading at $143 or even $500 is ludicrous at best. AAPL needs to split, in order to bring in fresh blood, as well as the entire 18-30 demographic that so vehemently supports it and most importantly buys its products. Let’s suppose for a second that AAPL was trading @ 110K, yes fundamental analysis would prevail over technical analysis, but then only the rich would get richer of off it. And no don’t bring up fractional shares, because you shouldn’t be trading a stock if you can not afford 1 miserly share of it, how is that for fundamental analysis.

Leave a Reply

Your email address will not be published. Required fields are marked *

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