Shares of Apple Inc. today rose $0.75, or 0.43% to close at $173.50 on volume of 28,837,359 shares to set a new all-time closing high.
Apple’s previous 52-week high (intraday) stood at $173.04, set on October 17, 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) – $292,958,592,320
• Google (GOOG) – $199,647,788,700
• Intel (INTC) – $157,504,800,000
• IBM (IBM) – $156,174,723,600
• Apple (AAPL) – $150,882,713,500
• Hewlett-Packard (HPQ) – $136,302,137,940
• Disney (DIS) – $67,505,336,720
• Dell (DELL) – $66,172,115,820
• Sony (SNE) – $46,786,274,780
• Yahoo! (YHOO) – $39,315,851,200
• Amazon (AMZN) – $37,143,900,150
• Adobe (ADBE) – $27,031,152,680
• RealNetworks (RNWK) – $1,000,459,980
• Napster (NAPS) – $148,944,000
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. Apple has risen over 54.9% since Goldman’s “sell” recommendation.
Don’t ever get tired of hearing that line…music to my ears!
Tell Laura I love her. SB a song title.
I love the smell of money… round lunch time, maybe half of 2.
Let’s not forget Motorola (MOT) with a market cap. of $44.29 B wedged between Yahoo and Sony.
On second thought . . .
(I’m still grappling with AAPL so close to INTC and IBM’s numbers. Good times.)
A batch of stock I bought on 2/14/07 is up 104.7%.
8 months. =0
Those Adobe shareholders would be much happier if they had Apple buy Adobe in an all-stock transfer.
And I’d be much happier, too.
@ shawnpetriw
Yeah… maybe I’d still work there!
Who doesn’t like to close high?
{cough} you know me, mang.
Meanwhile, MacDailyNews (MDN, <u>quotes, research</u>) was down on low volume (418 posts traded) and hawkish guidance for Q4.
I can remember a time about 10 years ago, when Apple’s Market Cap didn’t equal its cash holdings.
Apple’s resurgence has made me very wealthy. Thank you Steve Jobs and Company.
Apple is close to surpassing Telefonica SA ($154.38B) as well as within 5% of both IBM and Intel. Of course, passing IBM will make Apple the most valuable maker of computers on the planet (well within many light years actually) which is ironic as it “only” sells less than 10 million computers (well, things that Joe Shmoe would recognise as a computer) every year.
I wish James Burke (or someone else I respected) would write/present a three-part series on how a company founded by two guys in a garage built a company that defined the early history of the personal computer industry, how one of the founders nearly self-destructed as a result of a towering ego and hubris, how he was cast into the wilderness and then returned over a decade later to rescue a company that had been driven into the ground by people who wouldn’t recognise a visionary product if it bit them in the ass whilst wearing a T-shirt emblazoned with the legend “I’m a visionary product” in 6″ bold type.
At this rate I’m thinking of changing my automatic sell on my AAPL from $201.00 to $255.00 or maybe even hold out for $300.00. I wasn’t expecting a $170.00 price till after the Holiday shopping season wrapped up.
Laura Goldman’s article of 10-17-07:
http://tinyurl.com/yqzqxa
@ iMacMan
Oh man did you have to put in a link to a page with her picture on it!
I almost lost my lunch!!!
MDN Word “hold”, as in hold back the spewing after seeing Laura Goldman’s picture!
@Gregg Thurman
Oh Gregg Me too… Of course everyone who posts on MDN is also very wealthy as they are all world class investors….. I (like everyone else here) bought 25,000 shares of AAPL @ $7 a share..
Oh…fsck it. Is it too late to get long?
My ges 4 nxt wk
6 bllyn in rvnu 1 bllyn nt prft
Gil, by cutting out extraneous letters, you’re bound to be rich in no time. Sriusly.
accelerated revenue growth =
$$$$$$$$$$$$$$$$$$$$$$$$$$
@Laura,
You sound like Rodney King–LOL!
Man, i wish i had more cash to buy more AAPL! Damn USD exchange rate!
Anyone think it’s still a god buy at this price? I’ve read people claiming it may climb all the way to at least $220 before the end of Q1 2008 (can’t remember exactly where though).