Apple shares hit new all-time closing high

Shares of Apple Inc. today rose $6.03, or 3.03% to close at $204.79 on heavy volume of 40,742,913 shares to set a new all-time closing high.

Apple’s previous closing high was $199.83, set on December 28, 2007. Apple’s all-time high (intraday) stands at $208.71, set during trading today. Apple’s 52-week low was $78.20, set on January 20, 2009.

At market close, Apple’s market value stands at $183.40 billion.

For reference, some selected current market values:
• Microsoft (MSFT) – $236.76B
Apple (AAPL) – $183.40B
• Google (GOOG) – $173.97B
• IBM (IBM) – $159.93B
• Cisco (CSCO) – $138.60B
• Hewlett-Packard (HPQ) – $114.26B
• Intel (INTC) – $109.85B
• Disney (DIS) – $54.31B
• Nokia (NOK) – $48.24B
• Research In Motion (RIMM) – $37.43B
• Amazon (AMZN) – $40.34B
• Dell (DELL) – $29.63B
• Sony (SNE) – $29.10B
• Yahoo! (YHOO) – $24.78B
• Motorola (MOT) – $18.82B
• Adobe (ADBE) – $18.23B
• Palm (PALM) – $2.51B
• RealNetworks (RNWK) – $564.74M

AAPL quote via NASDAQ here.

46 Comments

  1. @ Original Jake

    Apple’s growing pile of Cash is in short term liquid investments.
    Apple most likely has plans for the cash.
    If I were planing a major purchase and saving up to do it do you think it would be wise to how shall we say even hint that I was saving up to buy company X or companies X, Y & Z… No it would be foolish. Apple having a Strong Cash position puts them in the driver seat. While, keeping the plan to say buy Intel’s Semi Conductor business under wraps keeps it’s market value down.

  2. @Elsic1975a
    “53 Billion to go… “

    Apple doesn’t have to work that hard,
    Microsoft will meet them half way. ” width=”19″ height=”19″ alt=”cool smile” style=”border:0;” />

  3. Apple’s cash war chest is at about $20 billion away from enough money to purchase a controlling stake in Intel (at today’s market value, of course). Could you possibly imagine if they were to somehow engineer this (even a hostile take-over, if Intel wouldn’t play ball)? Could you possibly imagine if they were to be in a position of controlling how HP, Dell, Acer, Fujitsu and others get their chips and motherboards?

  4. <<Exxon Mobil Corporation 352.31B
    PetroChina Company Limited (ADR) 240.47B
    Microsoft Corporation 237.58B
    Petroleo Brasileiro SA (ADR) 220.19B
    BHP Billiton Limited (ADR) 204.30B
    HSBC Holdings plc (ADR) 199.98B
    China Mobile Ltd. (ADR) 199.09B
    Royal Dutch Shell plc (ADR) 195.76B
    Wal-Mart Stores, Inc. 195.27B
    Apple Inc. 183.57B>>

    So, Apple is now the 4th biggest company in the US, after Exxon, MS and WalMart. That’s some company to keep. Go Steve!

  5. Supposedly it’s been figured out that Apple has to reach about $252 a share to surpass Microsoft in market cap, if Microsoft stays about $26 a share. Apple is a long way off. It would probably take at least a years time for Apple to get there. Microsoft isn’t likely to go much lower considering all the good things Ballmer’s Children are saying about how wonderful Windows 7 is and that everyone and his mother will upgrading as soon as possible. I think a lot of upgrading is going to depend on what corporations think whether it’s worth upgrading or not.

    Apple won’t likely catch Microsoft this year, though Apple might break the $200 billion mark by the end of this year. I hope that happens, at least.

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