Apple shares rocket from iPad to hit new all-time intraday, closing highs

The new MacBook - Starting at only $954.59!Shares of Apple Inc. today rose $8.24, or 3.91%, on heavier than average volume of 30,602,258 shares to set a new all-time closing high of $218.95.

Apple’s previous closing high was $215.04 set on January 19, 2010. Apple’s all-time high (intraday) stands at $219.70, set during trading today. Apple’s 52-week low was $82.33, set on March 6, 2009.

At market close, Apple’s market value stands at $198.54 billion or, as Eric Savitz notes for Barron’s, “Financial sites all use the latest published share count for Apple, at 906.8 million shares outstanding as of January 15. In fact, Apple’s diluted share count, per its latest 10-Q, was almost 920 million shares, which would give the company a market cap of roughly $202 billion.”

MacDailyNews reader “aapl_investor” did the math exactly: AAPL diluted shares: 919.783 million. Closing price: $218.95. AAPL market cap: $201.39 billion.

On March 5, 1997, thirteen years ago today, Apple’s market value was $2.133 billion. Apple went public on December 12, 1980 and closed with a market cap of $1.431 billion. Apple’s all-time low market value was $630.9 million on July 8, 1982.

The top five U.S. publicly-traded companies are:
1. Exxon Mobil (XOM) – $314.20B
2. Microsoft (MSFT) – $250.73B
3. Wal-Mart (WMT) – $206.00B
4. Apple (AAPL) – $201.39B
5. Berkshire Hathaway (BRKA) – $194.25B

Some selected companies’ current market values:
• Google (GOOG) – $179.41B
• IBM (IBM) – $165.30B
• Cisco (CSCO) – $144.34B
• Hewlett-Packard (HPQ) – $122.69B
• Intel (INTC) – $114.84B
• Disney (DIS) – $64.43B
• Amazon (AMZN) – $57.31B
• Nokia (NOK) – $52.40
• Research In Motion (RIMM) – $38.72B
• Sony (SNE) – $36.47B
• Dell (DELL) – $27.16B
• Yahoo! (YHOO) – $22.76B
• Adobe (ADBE) – $18.43B
• Motorola (MOT) – $16.07B
• Palm (PALM) – $956.96M
• RealNetworks (RNWK) – $699.84M

AAPL quote via NASDAQ here.

24 Comments

  1. I never thought I would say it, but now is the time to buy PALM. Not for their actual consumer/business market potential which I believe is now irrelevant, but for their patent / IP portfolio.

    They need to do it now before someone else makes the move.

  2. Apple’s market value is almost the same as the total for the bottom nine companies on MDN’s reference list.

    Apple could theoretically “buy” the bottom four with its cash and short term securities alone (no borrowing).

    It’s good to be the KingMel

  3. Apple will easily pass Microsoft this year. Hey Steve Ballmer, how about them Apples!

    Got something to say about the iPad? How about that BILLION DOLLAR SERVER FARM that comes on line soon? That would be the server farm that will supply the CLOUD COMPUTING to all those iPads that will be sold this year. You know those crappy little virus infected Windows netbooks will not sell this year. So, what will happen to the sad PC Windows growth this year?

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