Apple’s previous closing high was $248.92 set on April 15. Apple’s all-time high (intraday) stands at $260.25, set during trading today. Apple’s 52-week low is $118.60.
At market close, Apple’s market value stands at $235.06 billion.
The top five U.S. publicly-traded companies:
1. Exxon Mobil (XOM) – $325.39B
2. Microsoft (MSFT) – $274.80B
3. Apple (AAPL) – $235.06B
4. Wal-Mart (WMT) – $204.75B
5. General Electric (GE) – $203.07B
Selected companies’ current market values:
• Google (GOOG) – $176.21B
• IBM (IBM) – $167.56B
• Cisco (CSCO) – $155.97B
• Intel (INTC) – $131.59B
• Hewlett-Packard (HPQ) – $125.93B
• Disney (DIS) – $70.91B
• Amazon (AMZN) – $65.09B
• Nokia (NOK) – $55.44B
• Research In Motion (RIMM) – $39.91B
• Sony (SNE) – $35.61B
• Dell (DELL) – $33.61B
• Yahoo! (YHOO) – $24.43B
• Adobe (ADBE) – $18.38B
• Motorola (MOT) – $16.98B
• Advanced Micro Devices (AMD) – $6.91B
• Beleaguered Palm (PALM) – $820.15M
• RealNetworks (RNWK) – $606.77M
AAPL quote via NASDAQ here.
MacDailyNews Take: Ballmer’s fat bald head would be beading up with sweat right about now if he wasn’t such a big dummy.
Come on, where’s the quote from Michael Dell??
Pretty please, huh!!!
Sell two shares and buy an iPad.
Dust off the Laura Goldman quote!
Today I used the profit I made in selling only 10 shares of AAPL to pay for my new iPad. If only I had a time machine and some more guts I would have purchased 10000 shares instead of the 100 I bought just 4 months ago.
Assuming MSFT also goes up somewhat, AAPL will probably need to reach $310-320 to match and overtake in the market cap contest. If MSFT stays level, then, about $305 will do it.
Great day. Almost closed above $260.
Has anyone thought to do this calculation? Apple has zero debt on its balance sheet, does Microsoft show any debt? If so, if you subtract Microsoft’s debt from it’s market cap, is Apple worth more then? It would be a good exercise for some MDN go-getter.
@loopy_nj
Microsoft requested government help during the crisis and also fired a lot of people (about 5000)… and invested 100 millions on promoting windows vista…
@loopy_nj:
debt as well as assets is already figured into the share price and therefore market cap
Google reports earnings, shares drop 45 dollars;
Apple reports earnings, shares jump 15 dollars.
Thats just the way it is.
A share price starting with a 3 is not so unrealistic anymore…
I can already smell it!
MSFT is reporting earnings tomorrow nite. I’m betting that earnings will be good, but not enough to satisfy the market, and it’ll get hammered like Google did. Apple won’t have to go so far to catch up.
@KenC
I would not be surprised if the shares of M$ went up tomorrow. Didn’t they report a big loss last time but that loss was less of a loss than expected so their shares went up…. weird.. if apple ever reported a loss they would get slammed…. and this is probably the first time I’ve seen them jump this high from showing good earnings.
What a difference a decade makes. Apple could now BUY Sony with its cash…..there came upon the land a Pharoah who did not know
If M$ reports a huge loss the whole tech sector will be drawn down. Maybe just a tiny loss.
If those shares hit $358 then APPL will pass XOM.
@auren
SIDAGTMBTTSH
I don’t know if Apple will catch Microsoft. MS is really profitable and the shares are moving higher. But it would be fin hough and make headlines all over.