Shares of Apple Inc. today rose $0.13, or 0.06%, on lighter than average volume of 15,134,495 shares to set a new all-time closing high of $219.09.
Apple’s previous closing high was $218.95 set on March 5, 2010. Apple’s all-time high (intraday) stands at $220.09, set during trading today. Apple’s 52-week low was $82.57, set on March 9, 2009.
At market close, Apple’s market value stands at $198.66 billion since financial sites all use the latest published share count for Apple: 906.8 million shares outstanding as of January 15. However, Apple’s actual diluted share count, as per its latest 10-Q, was 919.783 million shares, which means that the company has a market cap of roughly $201.51 billion.” For the lists below, we’ll use what the financial sites use.
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:
1. Exxon Mobil (XOM) – $313.87B
2. Microsoft (MSFT) – $251.10B
3. Wal-Mart (WMT) – $206.04B
4. Apple (AAPL) – $198.66B
5. Berkshire Hathaway (BRKA) – $192.39BB
Some selected companies’ current market values:
• Google (GOOG) – $178.86B
• IBM (IBM) – $164.21B
• Cisco (CSCO) – $149.61B
• Hewlett-Packard (HPQ) – $121.98B
• Intel (INTC) – $114.73B
• Disney (DIS) – $64.37B
• Amazon (AMZN) – $57.84B
• Nokia (NOK) – $52.55B
• Research In Motion (RIMM) – $40.89B
• Sony (SNE) – $36.92B
• Dell (DELL) – $27.42B
• Yahoo! (YHOO) – $23.13B
• Adobe (ADBE) – $18.38B
• Motorola (MOT) – $15.98B
• Palm (PALM) – $930.14M
• RealNetworks (RNWK) – $685.00M
AAPL quote via NASDAQ here.
It’s good for my bottom line. Go Apple!
They’ll pass Walmart by the end of the week if this continues.
Apple will pass Wal-Mart this month and Microsoft later this year.
So Steve Ballmer, soon even you will know that you are no longer top dog. More like an very old mutt that has viruses, worms and could never be trained always sharing your owners secrets with strangers.
I know it’s exciting to see Apple shares climb, but in order to reach Microsoft’s market cap, Apple shares will have to hit around $285-$290 to pass Microsoft’s current market cap of $250 billion. Maybe by the end of the year, but it looks like a long way to go in practical terms unless the iPhone catches fire in China and the iPad catches fire around the globe. It won’t be that easy to climb $70 unless investors see positive value in the iPad.
Just think of the size of Apple and their small market share! They’ve got nowhere to go but up… It’s a long term investment, that’s for sure. But as their market share increases so will their revenue. Apple will be the largest company on Earth sooner or later… Besides the Catholic Church or course
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It has already been a great long term investment. If you bought when Jobs returned, your cost basis would be less than $3.50/share. Less than ten years ago, Schwab gave it a rare “F,” and Navalier said “Must Sell Now!” Up until about two years ago they all hated it.
MDN, you might want to just copy and paste this headline to reuse. Looks like Apple is just going UP. (Get it?)