Apple shares hit new all-time closing high – again

Shares of Apple Inc. today rose $3.17, or 1.87% to close at $172.75 on volume of 39,866,260 shares to set a new all-time closing high.

Apple’s previous 52-week high (intraday) stood at $171.88, set on October 11, 2007. Apple’s 52-week low stands at $73.91, set on October 18, 2006.

At market close, Apple’s market value stands at $150.23 billion.

For reference, some selected current market values:
• Microsoft (MSFT) – $291.39 billion
• Google (GOOG) – $197.73 billion
• IBM (IBM) – $157.51 billion
• Intel (INTC) – $156.04 billion
Apple (AAPL) – $150.23 billion
• Hewlett-Packard (HPQ) – $135.45 billion
• Dell (DELL) – $63.99 billion
• Sony (SNE) – $46.72 billion
• Yahoo! (YHOO) – $38.61 billion
• Amazon (AMZN) – $37.43 billion
• Adobe (ADBE) – $26.38 billion
• RealNetworks (RNWK) – $1.00 billion
• Gateway (GTW) – $709.92 million
• Napster (NAPS) – $151.26 million

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 over 54% since Goldman’s “sell” recommendation.

26 Comments

  1. I think you struck a nerve with laura. Hey laura waaaaa. stop doubting apple. You need to reevaluate the way the technology market works now. This aint 1995 Apple dictates the how the tech market works now. I’d say not listening to her apple predictions is the best thing for her clients.

  2. Truth is, the stock is going to take a hit next week. No matter how good the news from Cupertino, AAPL loses 10-15% right after a quarterly report. But it will bounce back in a week or two, especially as we head into the holiday season and the analysts start reporting on the traffic levels at Apple stores.

    Here is the interesting part: Around $180 a share — just a few dollars away — Apple’s market cap exceeds both Intel and IBM. That is a watershed event. I predict some celebrations will be taking place at 1 Infinite Loop.

  3. GO APPLE,THE SKY IS THE LIMIT!!!We need also more acessories like the mini-server or disk to the Airport Extreme and a real higth-def Tv for the Apple tv or and Apple dvd player,just choose one rumor to become true.

  4. KillBill,

    Your questions are difficult to answer as SonyBMG is a joint-venture between Sony and a privately-held company (Bertlesmann) and NBC-Universal is a non-quoted entity that is largely held by GE.

    GE is valued at around $420 billion, with NBC-Universal contributing around $2.4 billion/year in profits, which probably matches up to the estimated $43 billion valuation that was being bandied about back in October 2003 when the whole thing was being put together.

    Vivendi, who the remainder of NBC-Universal and the whole of UMG, are worth around $49 billion; but a more cultured mind than mine would probably value the UMG element at about $9 billion (and that’s a stretch) whilst their stake in NBC-Universal is probably worth another $8 billion or so.

    Sony, who for many years were alleged to be a future saviour of Apple, are now worth around $47.5 billion, which sounds significant until you realise that Research In Motion (the ‘Crackberry’ company) is valued at $63 billion which is only slightly under the market cap of Dell.

  5. @Ralph M

    You hit the nail on the head with your prediction/observation. This week is still “rumor,” in the loosest sense of the word; next week is “news,” and we ALL know what THAT means! (Instantaneous pullback . . . but only for a short while, as you said.)

  6. It’s much more apparent now to anal-ysts, etc., what I’ve been saying all year: Apple is a $200 stock waiting to happen. I’d say they’ll hit $250 by June 30, 2008.

    Apple belongs at 20% market share U.S. and about 10% worldwide. Be interesting to see how long it takes for them to hit those levels.

    Peace.
    Olmecmystic ” width=”19″ height=”19″ alt=”cool smile” style=”border:0;” />

  7. I look at these “All-time Closing High – Again” posts just to see if you are still quoting:

    “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 over 54% since Goldman’s “sell” recommendation.

    LOL

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.