Apple shares hit new all-time closing high

Shares of Apple Inc. today rose $1.26, or 0.63% to close at $199.83 on volume of 24,223,955 shares to set a new all-time closing high.

Apple’s previous closing high was $198.95, set on December 26, 2007. Apple’s all-time high (intraday) stands at $202.96, set on December 27, 2007. Apple’s 52-week low was $76.77, set on December 27, 2006.

At market close, Apple’s market value stands at $174,959,158,200.

For reference, some selected current market values:
• Microsoft (MSFT) – $337,918,420,560
• Google (GOOG) – $219,780,187,730
Apple (AAPL) – $174,959,158,200
• Cisco (CSCO) – $167,205,610,520
• Intel (INTC) – $156,465,720,000
• IBM (IBM) – $151,699,065,950
• Nokia (NOK) – $152,462,897,080
• Hewlett-Packard (HPQ) – $132,193,911,840
• Research In Motion (RIMM) – $65,603,340,000
• Disney (DIS) – $61,710,983,700
• Dell (DELL) – $55,912,625,650
• Sony (SNE) – $54,462,845,700
• Amazon (AMZN) – $39,213,467,650
• Motorola (MOT) – $37,188,745,88
• Yahoo! (YHOO) – $31,339,611,800
• Adobe (ADBE) – $24,632,718,840
• RealNetworks (RNWK) – $903,697,580
• Palm (PALM) – $689,388,900
• Napster (NAPS) – $91,014,000

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 78.5% since Goldman’s “sell” recommendation.

21 Comments

  1. And even more products on the way.
    Their lineup for 2008 will be incredible.
    And at around 10% market share, the sky is not even the limit. The guy who predicted 600 may just become my hero.
    He is the round peg in the square hole.

  2. If we were to continue down that road, Amazon, Motorola, Yahoo, Adobe, RealNetworks, Palm and Napster COMBINED are not worth Apple…!

    If I remember correctly, Apple is now on the top 30 most valuable companies IN THE WORLD. PetroChina is the largest one ($1 trillion market cap).

    Let’s compare this December with the last December. What is significantly different from the perspective of growth? My point is, I am struggling to find a reason why AAPL couldn’t do again what it did in the previous 12 months. Back then, we were hearing wild rumours about the iPhone. Other than that, it was just solid iPod and Mac growth. When we look at today, we see much stronger Mac growth, and the iPhone can only grow faster. And I’m sure only some of that has already been built into the stock.

    I will patiently await next december, expecting to se AAPL at $400 (allowing it to even slow down a bit from the past year), coming in at $350B. Meanwhile, I expect MSFT to remain where it is, if not even slide a bit down.

    Let’s get together next december and celebrate the emergence of AAPL as the largest tech company in the world.

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