Merry Christmas, Apple shareholders! Shares of Apple Inc. today rose $4.89, or 2.52% to close at $198.80 on volume of 17,136,100 shares to set a new all-time closing high as the NASDAQ closed at 1pm EDT in a shortened session due to the Christmas holiday.
Apple’s previous closing high was $194.30, set on December 7, 2007. Apple’s previous all-time high (intraday) of $200.00 was set on December 14, 2007. Apple’s 52-week low stands at $76.77, set on December 27, 2006. Apple’s Day High (and new all-time intraday high) was $199.33 and the Day Low was $194.79.
At market close, Apple’s market value stands at $174,057,352,000.
For reference, some selected current market values:
• Microsoft (MSFT) – $342,221,922,040
• Google (GOOG) – $219,217,073,930
• Cisco (CSCO) – $174,243,292,240
• Apple (AAPL) – $174,057,352,000
• Intel (INTC) – $159,681,570,000
• IBM (IBM) – $153,848,675,750
• Nokia (NOK) – $151,518,367,000
• Hewlett-Packard (HPQ) – $134,664,826,080
• Research In Motion (RIMM) – $66,187,133,940
• Disney (DIS) – $63,271,841,400
• Dell (DELL) – $56,360,823,050
• Sony (SNE) – $54,803,865,360
• Amazon (AMZN) – $37,785,258,770
• Motorola (MOT) – $37,348,648,350
• Yahoo! (YHOO) – $32,141,478,200
• Adobe (ADBE) – $24,581,077,920
• RealNetworks (RNWK) – $908,056,250
• Napster (NAPS) – $88,704,000
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 78% since Goldman’s “sell” recommendation.
Merry Christmas Laura Goldman! Apple shares are rocking!
Thanks Apple for the new Corvette
I love it!!!!!!
In other news… my company’s stock fell to a new near-record low of $1.25.
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I think I’ll sell it off and buy a pizza.
Y’all must be using a Pentium-based calculator, cuz by my reckoning a $200.00 intraday high (12/14) beats $199.33 anytime.
(Might wanna edit yer story.
Ahhhh, the security of long-term investment in a growing concern.
I never get tired of that quote…
AAPL was never trading publicly at $200 a share; I believe one person, for some reason, was able to sell some of his stock to some people at $200 a share, but it was never the going rate. Don’t ask me how that happened.
@ ixol phaane
Did you miss the word “closing”?
ixol phaane, I guess someone who starts a sentence with “Y’all”, might miss the difference between a stock’s “intraday” high and a “closing” high.
But understands “high”?
Maybe I can get paid to be an analyst. When all the naysayers were in full force on January 18, 2006, I wrote the following comment on this article:
The “analysts” have no idea what is really going on in the tech, pc, consumer electronics industry. . . . Apple is in the middle of morphing from a niche computer company to a global consumer electronics company. MS has slit its own throat so that it will slowly become what IBM became when they fumbled the ball. . . . Apple stock has got at least another two years of steady growth left in it. Buy, buy, buy.
I believe the same thing is true today. They still have at least another two years of steady growth–and my stock portfolio thanks them.
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> Apple’s previous all-time high (intraday) of $200.00 was set on December 14, 2007
Nope… didn’t miss a thang.
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My prediction that Apple would hit $200 by the end of FY 2007 is looking pretty good.
Merry Christmas, fellow MDNers!
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Olmecmystic
@ Olmecmystic
Hate to burst your bubble, but Fiscal Year 2007 was over as of October 1 of this year. Now if you meant to say Calender Year 2007, that’s a different story…
@ Olmecmystic and Tremor:
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Very true, fiscal year 07 is gone, but for 08, there’s other targets…
My conservative estimation for end of FY08: 250-260$. This way AAPL can perform better than I think and make (not only me) happy.
The discrepancy between the intraday trading highs is caused by a single trade for millions of shares at exactly $200.00 each. Some buyer wanted that many, and he wanted them immediately so he paid over market value to ensure that he could get them all as fast as possible. This is the only trade that has ever been that high so one can’t really say that the market price for apple has ever broken 200.00.
Thanks Apple for the new Ibis White, Audi TT S-line, loaded, ATA at dealer…week of 1-29-08..
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Oh and also for all the GREAT products I have bought from Apple over the last 15 or so years!!
Thanks Apple for the wonderful vacation in the Caribbean!
Nice xmas. A new iPhone and a new all-time high. Mr. Jobs, my IRA salutes you.
Thanks, Apple. May 2008 be seen when the Tipping Point® became the The Flood®.
Jay,
If the shares traded for $200, then that was the market price, by definition. Prices rise and fall from one second to the next, and the size of the lots that are bid or asked are one of the factors that set the price.
-jcr
Oh, my goodness, Apple’s about to overtake Cisco.
-jcr
I remember one time, back in the 80’s, when I was at a club, that I hit my all time closing high….