Apple shares hit new all-time intraday, closing highs

Apple StoreApple Inc. shares today rose $12.43, or 4.11%, on average volume of 19,680,800 shares to set a new all-time closing high of $314.74.

Apple’s previous all-time closing high was $302.31 set yesterday. Apple’s all-time high (intraday) stands at $315.00, set today. Apple’s 52-week low is $185.55.

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At market close, Apple’s market value stands at $287.77 billion.

The top five U.S. publicly-traded companies, based on market value, are:
1. Exxon Mobil (XOM) – $331.93B
2. Apple (AAPL) – $287.77B
3. Microsoft (MSFT) – $221.01B
4. Berkshire-Hathaway (BRKA) – 206.03B
4. Wal-Mart (WMT) – $194.01B

Selected companies’ current market values:
• Google (GOOG) – $191.69B
• IBM (IBM) – $177.92B
• Cisco (CSCO) – $132.87B
• Intel (INTC) – $107.57B
• Hewlett-Packard (HPQ) – $97.10B
• Amazon (AMZN) – $73.73B
• Disney (DIS) – $66.71B
• Nokia (NOK) – $40.35B
• Sony (SNE) – $32.24B
• Dell (DELL) – $28.18B
• Research In Motion (RIMM) – $25.45B
• Motorola (MOT) – $18.56B
• Yahoo! (YHOO) – $21.91B
• Adobe (ADBE) – $14.28B
• Advanced Micro Devices (AMD) – $4.80B
• RealNetworks (RNWK) – $435.25M

AAPL quote via NASDAQ here.

64 Comments

  1. @ Nerd Beautiful

    Yes, but the point is, most people never expected the financial crisis, until it occurred. Then, it was SO obvious. Can you say the worldwide economic situation is any better today, compared to 2 to 3 years ago? In some ways, it is worse…

    Many (if not MOST) of the factors that affect AAPL price are out of Apple’s control. So Apple can continue to be a great company, but AAPL (the stock) will not always be a great investment.

    > Yeah, $100 to $200 went through $80

    Your memory is incorrect. ” width=”19″ height=”19″ alt=”wink” style=”border:0;” /> It was much more extreme. It was not $100 to $80 to $200. It was $200, all the way down to below $80 and then (after floundering for a few months) the steady (more or less) climb from under $100 to over $300 during the last two years. A spectacular climb (after a spectacular fall).

  2. @ Nerd Beautiful

    Yes, but the point is, most people never expected the financial crisis, until it occurred. Then, it was SO obvious. Can you say the worldwide economic situation is any better today, compared to 2 to 3 years ago? In some ways, it is worse…

    Many (if not MOST) of the factors that affect AAPL price are out of Apple’s control. So Apple can continue to be a great company, but AAPL (the stock) will not always be a great investment.

    > Yeah, $100 to $200 went through $80

    Your memory is incorrect. ” width=”19″ height=”19″ alt=”wink” style=”border:0;” /> It was much more extreme. It was not $100 to $80 to $200. It was $200, all the way down to below $80 and then (after floundering for a few months) the steady (more or less) climb from under $100 to over $300 during the last two years. A spectacular climb (after a spectacular fall).

  3. future growth/earnings. When that stagnates the climb will stop. When will that happen? not soon. there is too much momentum..

    all the market manipulation in the world won’t take down an individual stock that has that kind of growth potential. And the scales have tipped with the iPad. the kind of manipulation we’ve seen up till now won’t work anymore if this Qtrs earnings are enough of a blowout.

  4. future growth/earnings. When that stagnates the climb will stop. When will that happen? not soon. there is too much momentum..

    all the market manipulation in the world won’t take down an individual stock that has that kind of growth potential. And the scales have tipped with the iPad. the kind of manipulation we’ve seen up till now won’t work anymore if this Qtrs earnings are enough of a blowout.

  5. Yes, and Apple fell from $201 to $80 something because analysts, Katie Huber of Morgan Stanley, thought Apple would be hurt more than other companies. When this turned out not to be true, then Apple rebounded harder.

    While Apple is prone to macroeconomic declines, people should have a better understanding of how Apple sales and earnings may resist broader macro declines better than other companies.

    Sure, Apple may go down, and it may go down alot, but let’s at least understand what happened before with some context. Back then, the selloff was helped by ignorance. This time, there’s less ignorance, and hopefully, that will mean something.

  6. Yes, and Apple fell from $201 to $80 something because analysts, Katie Huber of Morgan Stanley, thought Apple would be hurt more than other companies. When this turned out not to be true, then Apple rebounded harder.

    While Apple is prone to macroeconomic declines, people should have a better understanding of how Apple sales and earnings may resist broader macro declines better than other companies.

    Sure, Apple may go down, and it may go down alot, but let’s at least understand what happened before with some context. Back then, the selloff was helped by ignorance. This time, there’s less ignorance, and hopefully, that will mean something.

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