Shares of Apple Inc. today rose $2.95, or 1.58% to close at $189.95 on volume of 28,877,858 shares to set a new all-time closing high.
Apple’s previous all-time high (intraday) of $189.37 and previous all-time closing high of $187.00 were both set yesterday on October 30, 2007. Apple’s 52-week low stands at $76.77, set on December 27, 2006. Apple’s Day High was $190.12 and Day Low was $184.95.
At market close, Apple’s market value stands at $165,698,893,550
For reference, some selected current market values:
• Microsoft (MSFT) – $346,078,491,120
• Google (GOOG) – $220,679,445,000
• Cisco (CSCO) – $201,639,122,220
• Apple (AAPL) – $165,698,893,550
• IBM (IBM) – $157,970,460,840
• Intel (INTC) – $157,096,000,000
• Hewlett-Packard (HPQ) – $133,234,244,160
• Dell (DELL) – $69,511,388,400
• Disney (DIS) – $67,253,016,600
• Sony (SNE) – $49,561,986,520
• Yahoo! (YHOO) – $41,660,067,200
• Amazon (AMZN) – $36,997,250,000
• Adobe (ADBE) – $27,484,445,200
• RealNetworks (RNWK) – $1,088,956,440
• Napster (NAPS) – $150,800,000
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 $111.98 that day. Apple has risen 70% since Goldman’s “sell” recommendation.
M$’s stock went up 20% due to sales of Halo 3. After the holidays are over, M$ has nothing to go on except contracted forced sales, mediocrity as always.
I read this site regularly
but because of this annoying headline which keeps coming up on the front page, which wastes my time, i will stop looking at this site, anyway, the fanboys are annoying.
and i wont read any of your dumb responses either.
@screw this
Thanks for stopping in to tell us something that no one here cares about. And the solution is simple, if you don’t like a headline, don’t read the story. Why get all bent about it? Oh thats right because you have issues and can’t stand it that other people are actually happy about something.
@ MegaMe
I wouldn’t worry. I don’t think they’re capable of much mischief any more.
@ screw this
If you’ve been reading this site for even a few days, you’d know the “style” of the site and readers.
Bye! See you soon…not!
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“but because of this annoying headline which keeps coming up on the front page, which wastes my time, i will stop looking at this site, anyway, the fanboys are annoying.”
Damn. I wanted a hug.
“and i wont read any of your dumb responses either.”
Now I’m really freaking out.
Of course MS continues to gain and make profits quarter after quarter. When youre allowed to have a monopoly, you’ll always have profits. Amazing isn’t it?
Ouch! … Ok, so I took a peep at your responses.
You uncaring cads … “Why are people so unkind?”
To quote Kamahl, for the Aussies out there.
Jubei: “Of course MS continues to gain and make profits quarter after quarter. When youre allowed to have a monopoly, you’ll always have profits. Amazing isn’t it?”
MS has a monopoly, no question, and it will continue to be very profitable for awhile.
But for how long? And *how* profitable?
It’s very likely that MS’s monopoly will continue to be a monopoly for awhile, but it’s not a certainty that it will continue to be nearly as profitable as it is currently.
Microsoft is making astonishing profits off very little work, and very shoddy 3rd rate work at that. People are seeing this clearly and it’s even more clear with Leopard compared to Vista. Apple will likely have another OS in 18 months to 2 years, and MS will be lucky to have a patch to Vista out by then.
While MS will probably have a good chunk of the same marketshare then as now, do you really think they’ll continue to be able to charge what they are now if Apple keeps constant pressure on the top end of the computer market and worse if Linux somehow manages to become usable enough to start swallowing the bottom end?
At some point, even with tremendous % of the market, Microsoft will face what it’s NEVER had to face. That is very strong pressure to lower its profits to COMPETE.
The stage is already being set for this, and it might take a few years for reality to catch up to Microsoft, but when it hits, its going to hit them very very hard.
Why?
Because Microsoft is a bully, and they got their position by making everyone hate them. Even their friends probably don’t like them all that much.
When Microsoft gets to that point and has to lower its prices to remain on top, the stock price will likely fall precipitously.
That’s just my guess.
I think this will take awhile tho, maybe a few years.
YeeHaw!
I bought my current batch of Apple at $20 after my broker said don’t do it.
And I say again, “YeeHaw!”