Shares of Apple Inc. today rose US$3.99, or 2.14%, to close at $190.01 on volume of 21,556,721 shares to set a new 52-week closing high.
Apple’s previous 52-week closing high was $186.15, set on Friday, September 28th. Apple’s 52-week low stands at $78.20 set during trading on January 20, 2009.
At market close, Apple’s market value stands at $170.21 billion.
For reference, some selected current market values:
• Microsoft (MSFT) – $223.75 billion
• Apple (AAPL) – $170.21 billion
• IBM (IBM) – $159.08 billion
• Google (GOOG) – $157.89 billion
• Hewlett-Packard (HPQ) – $111.46 billion
• Intel (INTC) – $109.89 billion
• Amazon (AMZN) – $39.26 billion
• Dell (DELL) – $30.33 billion
• Sony (SNE) – $27.73 billion
• Yahoo! (YHOO) – $24.28 billion
• Adobe (ADBE) – $17.55 billion
• RealNetworks (RNWK) – $514.87 million
AAPL quote via NASDAQ here.
Can’t want to see those “AAPL hits all-time high – again” headlines at MDN – again.
But I am getting a bit nervous as AAPL closes in on $200.
The WOW started exactly when? 1984? 1997?
Whooopie! Since I bought my shares they gone up 207%. Thanks Steve!
My portfolio would have a nosebleed if I still had one.
Sept 28th was not on a Friday.
@theloniousMac,
if you still had a nose, or still had a portfolio?
MSFT in the Crosshairs
The last 2 targets that I heard for Apple were at $264 and $265 from the talking heads. I think it is much higher. The only thing holding the estimates down is the inability to really see the innovations that are easily coming from Apple soon.
Indeed, only another 31% and APPL overtakes Microsoft.
Within 6 months, I’d hazard…
If Apple did nothing, Microsoft will collapse under it’s own weight of innovation-less software and cloud computing.
Apple will pass Microsoft in less than 1 year. Mac Tablet tsunami coming!
Its getting to the point where Apple is essentially paying me to purchase their products. Its amazing!
I’m not sure who originally offered this up:
“Shares of Apple Inc. set an all-time closing high of $199.83 on Friday, December 28, 2007. Apple’s all-time high (intraday) stands at $202.96, set on December 27, 2007. Apple’s 52-week low is $78.20, set on January 20, 2009.”
If you calculate the growth in most product categories, high profit margins, new products in the pipeline, and recalculated earnings from the iPhone, the SP will blow past 200 at considerable speed.
Apple’s only $53M from surpassing Microsoft’s market value. Must be a rounding error. Nothing to worry about Mr. Ballmer. Just keep up the good work.
Smash right through $200 next week.
It’s time to turn the stock into a “dividend” paying stock and give some of that cash back to the share holders. That would be me!
Apple is now the 6th largest public company in the US, after Exxon, MS, WalMart, JPMorgan and GE. They passed P&G;and J&J;in the last week.
Ballmer is nothing omg look at him? and even bill crap is nothing. for all these years they have wasted their money on one simple yet impossible to defeat competitor: Apple and all they do is copy. haha they suck.
Bigger than IBM… wow…
Big Brother, meet Little Brother
Where does “jump” stop and “soar” begin? It seems to me that something has to be up there a while before it’s soaring. But how long is that?
I’m befuddled.
What a dweeb. AAPL set a 52 week high on 9/23/09 at $188.90. The $186.15 figure quoted is the highest previous close in 52 weeks. Big difference in amount and import. Closing price means nothing, intraday high means everything.
“Indeed, only another 31% and APPL overtakes Microsoft.
Within 6 months, I’d hazard…”
Actually that’s a pretty good guess, but it will most likely be right after July earnings report.
Apple should replace MSFY on the DOW. MSFT has been a boat anchor on the DOW ever since they were included in the index. Apple is much more representative of technology because it has successful products in more areas.
Stock split would be nice.
Apple is worth more than the combined value of Amazon, Dell, Sony, Yahoo!, Adobe and Real.