Apple shares hit new all-time closing high – again

Shares of Apple Inc. today rose $5.61, or 3.01% to close at $191.79 on volume of 33,798,020 shares to set a new all-time closing high.

Apple’s previous all-time high (intraday) of $190.12 and previous all-time closing high of $189.95 were both set on October 30, 2007. Apple’s 52-week low stands at $76.77, set on December 27, 2006. Apple’s Day High was $192.00 and Day Low was $185.27.

At market close, Apple’s market value stands at $167,303,978,910.

For reference, some selected current market values:
• Microsoft (MSFT) – $342,317,790,320
• Google (GOOG) – $231,538,621,650
• Cisco (CSCO) – $207,860,292,960
Apple (AAPL) – $167,303,978,910
• Intel (INTC) – $160,541,600,000
• IBM (IBM) – $153,957,260,190
• Hewlett-Packard (HPQ) – $137,694,291,420
• Dell (DELL) – $68,716,323,500
• Disney (DIS) – $66,146,689,920
• Sony (SNE) – $48,950,728,700
• Yahoo! (YHOO) – $40,092,791,360
• Amazon (AMZN) – $36,217,050,000
• Adobe (ADBE) – $27,329,522,440
• RealNetworks (RNWK) – $1,054,457,820
• Napster (NAPS) – $148,480,000

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 71% since Goldman’s “sell” recommendation.

24 Comments

  1. Another kind of list looks quite interesting. Top 20 largest US companies (it’s a few days old, but nonetheless):

    Exxon Mobil XOM 487.68
    General Electric GE 413.23
    Microsoft Corp. MSFT 346.71
    AT&T;T 245.43
    Google Inc. GOOG 222.01
    Procter & Gamble PG 216.00
    Berkshire Hathaway BRK-A 204.98
    Bank of America BAC 200.15
    Cisco Systems CSCO 198.28
    Chevron CVX 188.61
    Citigroup C 187.69
    Johnson & Johnson JNJ 187.51
    Wal-Mart Stores WMT 179.77
    Pfizer Inc. PFE 165.65
    Apple Inc. AAPL 163.88
    IBM IBM 157.90
    Intel Corp. INTC 156.51
    Altria MO 151.81
    American Int’l Group AIG 151.61
    JPMorgan Chase JPM 146.02

    We can see that there are a few of them that will soon be surpassed (Pfizer was already today). Walmart is not far away, and neither is Johnson & Johnson, Citigroup and Chevron.

    When you look at the company our little Apple keeps, it’s kind of scary to see growth this fast.

    It’s great to be AAPL stock holder!

  2. Microsoft (MSFT) – $342,317,790,320

    That number amazes me.

    When you read the rumors about how MS “created” the original dos/basic and strong armed distribitors and played games with it’s APIs with its software side competitors, one wonders how legitimate that value is.

  3. There’s hopefully a lot more in the pipeline for next year:

    – Mac Pro with 45nm Xeon and 8 cores
    – MacBook and MacBook Pro updated with similar Dual Core CPU
    – Subnotebook (a long dream would become true)
    – Mac midi (I doubt, but user-swapable graphics card should be)

    – iPhone 2.0 (ft. UMTS for Europe)
    – iPhone nano as prepaid device

    – iTunes movies in more countries in Europe

    – Macs with Blue-Ray drives

    AAPL will also fly next year, even if most of the wishes will not come true. There might be other stuff which is much more useful and cooler.

  4. A little off-topic: — But a couple of days ago, I looked out of my window across Hamilton Harbor and there directly in front of my cottage was what I at first took to be a large ocean liner at anchor or aground.

    On its side was an enormous blue neon sign proclaiming it to be the “OCTOPUS”, which is the world’s largest private yacht owned by Microsoft co-founder Paul Allen who happens to be America’s third richest man and 7th in the world.

    I must admit I admire the engineering that went into this beautiful vessel but it was certainly the ultimate in ostentation — especially parked, as it was, right on a Macintosh users front lawn, so to speak.

    A FEW STATISTICS:
    • OCTOPUS is 416 feet long.
    • According to Forbes, Paul Allen bought the yacht for over $200 million.
    • It costs him an additional $20 million a year to maintain.
    • It has a permanent crew of 60 including some former Navy Seals.
    • It is powered by eight 2400 hp Mercedes Benz engines.
    • On board are seven boats, and a submarine able to sleep 8 people under water for two weeks.
    • There is also a remote controlled vehicle for crawling the ocean floor and other lavish toys.
    • Also on board are 2 helicopters which were flying around Hamilton Harbor — a strict no-no for anyone else.
    • All the fittings on the ship, too numerous to count, are luxurious to say the least.
    • Allen also owns at least two other very large yachts including the Tatoosh, 3rd largest yacht in the world.

    For pictures and more about Paul Allen and his mega-yachts:
    http://www.google.com/search?client=safari&rls=en&q=yacht+Octopus&ie=UTF-8&oe=UTF-8

  5. Can anyone share what pushed up Apple stock so much today? I know the market took a positive jump, which is a bit surprising given the meltdown of CitiGroup, and fears about how much bad debt in subprime loans could be lurking on other banks’ books. I am pleasantly surprised, given this news.

    Nothing lasts forever, but it is amazing what Apple has accomplished since the return of Steve Jobs. Yet, we still see articles here reporting the usual FUD. What is it about Apple’s amazing success story that others simply cannot understand?

  6. If you look at AAPL’s action over the past week–trading in a narrow range on below average volume–it is clear that the stock was either being accumulated or carefully sold. The breakout was a technical phenomenon, and was not dependent on any news, other than a generally optimistic outlook.

Reader Feedback

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