Apple Inc. shares today rose $1.29, or 0.44%, on below average (Columbus Day) volume of 13,988,761 shares to set a new all-time closing high of $295.36.
Apple’s previous all-time closing high was $294.07 set on October 8, 2010. Apple’s all-time high (intraday) stands at $297.24, set today. Apple’s 52-week low is $185.55.
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At market close, Apple’s market value stands at $269.98 billion.
The top five U.S. publicly-traded companies, based on full market values, are:
1. Exxon Mobil (XOM) – $328.47B
2. Apple (AAPL) – $269.98B
3. Microsoft (MSFT) – $212.49B
4. Berkshire-Hathaway (BRKA) – 205.04B
4. Wal-Mart (WMT) – $198.56B
Selected companies’ current market values:
• IBM (IBM) – $176.18B
• Google (GOOG) – $171.71B
• Cisco (CSCO) – $127.70B
• Intel (INTC) – $108.94B
• Hewlett-Packard (HPQ) – $93.39B
• Amazon (AMZN) – $68.52B
• Disney (DIS) – $66.12B
• Nokia (NOK) – $40.65B
• Sony (SNE) – $32.37B
• Research In Motion (RIMM) – $25.43B
• Dell (DELL) – $26.74B
• Motorola (MOT) – $19.30B
• Yahoo! (YHOO) – $19.44B
• Adobe (ADBE) – $14.14B
• Advanced Micro Devices (AMD) – $4.87B
• RealNetworks (RNWK) – $440.67M
AAPL quote via NASDAQ here.
Yo!
Yo!
AMD is sure looking cheap. I wonder what they own for physical assets.
AMD is sure looking cheap. I wonder what they own for physical assets.
Good day to be a shareholder.
Good day to be a shareholder.
AAPL stock price will they usurp Exxon?
AAPL stock price will they usurp Exxon?
the share price of aapl has to be $359.55 to usurp XOM (at their current value).
the share price of aapl has to be $359.55 to usurp XOM (at their current value).
As of todays prices, How much would the stock price be to equal XOM? Anyone with a calculator for stock prices?
As of todays prices, How much would the stock price be to equal XOM? Anyone with a calculator for stock prices?
$ 361.64
$ 361.64
oops — I’m wrong. I think it is
359.35
oops — I’m wrong. I think it is
359.35
To Cl 4, Thanx, Hope you do this everytime there is a high closing
To Cl 4, Thanx, Hope you do this everytime there is a high closing
Wonder what my fellow owners think:
How about a 3-1 split at $300?
Wonder what my fellow owners think:
How about a 3-1 split at $300?
Might be time to start including market caps of the big 6 Hollywood studios in that list. I’m now convinced Steve’s long-term plan is to “close the loop” on Apple’s vertical integration by buying some or all of the major content studios w/ that $40+ BILLION pile of cash (and growing >$16B per year).
For example, market cap of #1 studio Time Warner (TWX) is ~$35B – so Apple could just about offer a reasonable all-cash tender offer already.
I know that’d split Apple’s focus. I hear you. I just feel like some days he’s gotta say to himself:
“$#@! it – I’m tired of negotiating w/ these guys – I’m going to single-handedly transition the world to a sane content-aquisition business model tomorrow.”
Might be time to start including market caps of the big 6 Hollywood studios in that list. I’m now convinced Steve’s long-term plan is to “close the loop” on Apple’s vertical integration by buying some or all of the major content studios w/ that $40+ BILLION pile of cash (and growing >$16B per year).
For example, market cap of #1 studio Time Warner (TWX) is ~$35B – so Apple could just about offer a reasonable all-cash tender offer already.
I know that’d split Apple’s focus. I hear you. I just feel like some days he’s gotta say to himself:
“$#@! it – I’m tired of negotiating w/ these guys – I’m going to single-handedly transition the world to a sane content-aquisition business model tomorrow.”
@shareholder opinion
Please no. Lower price means greater instability.
@shareholder opinion
Please no. Lower price means greater instability.
@jdsweet
Jobs (with the rest of the sane world) has got to feel that way everyday. But owning media conglomerates would be shackles on Apple’s ankles (and wrists, and neck…)
@jdsweet
Jobs (with the rest of the sane world) has got to feel that way everyday. But owning media conglomerates would be shackles on Apple’s ankles (and wrists, and neck…)
@shareholder opinion: Splits do *nothing* for a stockholder. 1 share of a $300 stock has the same value as 3 shares of a $100 stock. All a split does is raise the overhead involved in sending prospectuses, proxy votes etc. as the shareholder pool grows wider and less deep (“hey, I got 2 shares of Apple at $100!”).
The days when trades were generally made in 100 share lots are looong gone. Any psychological effect on stock price with respect to stock splits is de minimus.
If anything, I’d prefer that Apple have *fewer* than the 1 billion shares it already has – think supply and demand. The lower the supply, the higher the demand. Stock buybacks and reverse splits are the only way to do that, but the latter makes no sense at this point and the former may not be the best use of shareholder money,
@shareholder opinion: Splits do *nothing* for a stockholder. 1 share of a $300 stock has the same value as 3 shares of a $100 stock. All a split does is raise the overhead involved in sending prospectuses, proxy votes etc. as the shareholder pool grows wider and less deep (“hey, I got 2 shares of Apple at $100!”).
The days when trades were generally made in 100 share lots are looong gone. Any psychological effect on stock price with respect to stock splits is de minimus.
If anything, I’d prefer that Apple have *fewer* than the 1 billion shares it already has – think supply and demand. The lower the supply, the higher the demand. Stock buybacks and reverse splits are the only way to do that, but the latter makes no sense at this point and the former may not be the best use of shareholder money,
He may have been thinking of a 3:1 reverse split.
As for owning media, Sony tried that. Didn’t work out that well.
He may have been thinking of a 3:1 reverse split.
As for owning media, Sony tried that. Didn’t work out that well.
The more a stock share value the less dingleberry day traders can lose money on it playing into swings utterly erroneously, and us long term holder making large cash.
The more a stock share value the less dingleberry day traders can lose money on it playing into swings utterly erroneously, and us long term holder making large cash.
The more a stock share value the less dingleberry day traders can lose money on it playing into swings utterly erroneously, and us long term holders further into the black. mmm MM! 😀
The more a stock share value the less dingleberry day traders can lose money on it playing into swings utterly erroneously, and us long term holders further into the black. mmm MM! 😀
AAPL split in the past.
They will in the futur… Not now.
S.Jobs don’t care about market theory.
AAPL split in the past.
They will in the futur… Not now.
S.Jobs don’t care about market theory.
In the last 4 days since this story was published, AAPL has added $13B in market cap while XOM has added 2B.
In the last 4 days since this story was published, AAPL has added $13B in market cap while XOM has added 2B.