Shares of Apple Inc. today blasted through the $160 mark, surging $5.2099 , or 3.33% to close at $161.4499 on volume of 33,087,617 shares to set a new all-time closing high.
Apple’s previous 52-week high was $159.18, set on Wednesday, October 3rd. Apple’s 52-week low is $72.60, set on October 11, 2006.
At market close, Apple’s market value stands at $140,403,452,485.90.
MacDailyNews Note: With Microsoft valued at $279,764,681,280, Apple is now worth more than half that of Microsoft.
[Thanks to MacDailyNews Reader “Macuser” for the heads up.]
For reference, some selected current market values:
• Google (GOOG) – $185.42 billion
• IBM (IBM) – $172.69 billion
• Intel (INTC) – $149.15 billion
• Apple (AAPL) – $140.40 billion
• Hewlett-Packard (HPQ) – $131.22 billion
• Dell (DELL) – $63.26 billion
• Sony (SNE) – $50.84 billion
• Amazon (AMZN) – $38.62 billion
• Adobe (ADBE) – $26.05 billion
• Gateway (GTW) – $698.34 million
In after-hours trading, Apple is up another $0.55, or 0.34% to currently stand at $162.00.
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. Apple has risen 44.2% since Goldman’s “sell” recommendation.
Bigger than Google and HP, about 10 billion dollars more to pass Intel, and about half the value of Microsoft. Rock On!
I never get tired of seeing Laura Goldman’s “expert” take on Apple.
I just love that quote!!!!
Y’all can kiss my hairy white Jew butt.
Everyone here needs a cigar
Hey MDN Take, please publish how much money has lost the people who listened to Laura Goldman advice. Could be interesting to know what happen to people who listen to those agaings apple….
Woohoo! I made $10k today. Enjoy your weekends!
Rally Time
http://www.rallymonkey.com/video/kenindex.swf
@Eric24601…
You’re only half right… Google’s market cap is $185 billion… Apple is 140b. I’ll help you with the math… That’s $5 billion less than Google.
MDN magic word: PROBABLY, as in it would PROBABLY pay to look up facts before spouting off.
Oh, I forgot to mention… MDN was wrong about Google’s market valuation. DOn;t trust so-called “news” sources to always be correct… Look it up.
Dude,
I’ll help you with the math… AAPL’s market value is $45 billion less than GOOG’s, not $5B.
It would PROBABLY pay to learn simple subtraction before spouting off.
crazy to think how much APPL has passed up dell… i remember when it happened, but since, we’ve grown huge!
MDN: “position” as in Apple is in a good position, and getting better.
What’s really illustrative about the above market caps, is that Gateway and Apple sell roughly the same number of computers, and yet, Apple’s market cap is 200X that of Gateway. That’s why Apple doesn’t sell in the commodity price area of the computer market.
163.55 in after hours (5:30pm EDT). To all those Windows jerks over the years who mocked me for believing in Apple all I have to say is:
Getting rich is the best revenge!
In afterhours trading, it’s now up to $164.39 with 50 minutes to go.
Woohoo! Best day I’ve had in a LONG time!
Apple is on FIRE!!!
At 164.48 in the after hours marker (5:41)
I don’t ever remember a jump like this in the after hours without any news.
@Dude
LOL!!
Learn elementary math before trying to be a tutor… ‘specially a tutor with an attitude for no apparent reason.
A very interesting observation, KenC. Thanks.
As of market close:
AAPL market value – $ 140,403,452,485.90
GOOG market value – $ 138,354,839,050.00
How does this make GOOG worth more than AAPL, Dude?
to Puzzled:
I’m not sure from where did you pull out that GOOG number, but all common financial sites state that today’s market cap at close was $185.42B.
Today’s share price for GOOG was $594.05 at close.
GOOG has total of 312,140,000 outstanding shares. Multiply one figure by the other and you get the above market cap.
We still have some distance to cover before we overtake GOOG, but it is definitely coming.
Put GOOG into Google and get your quote. 185.42B
Seems like that’s the number…
Now can we all get back to all the filthy lucre we’re raking in!?!!
Wahoo!
Ahhh, I never tire of seeing that Laura Goldman quote.
Only the stupid make comments like the ones here about a company’s value when it’s market cap compares to companies with much larger real world businesses.
So it’s great for you that the price is going up, but comparisons with these other companies market caps should be a warning to you that Apple is overvalued.
I’d love to see a new comment from that Goldman chick. LOL
more than HP?
Now THAT’S something, as HP is the largest manufacturer for Windows based PCs.