Apple shares hit new all-time intraday, closing highs

Apple Inc. shares today rose $8.88, or 2.43%, in NASDAQ trading on above average volume of 20,367,592 shares to set a new all-time closing high of $373.80.

Apple’s previous all-time closing high was $364.92 set on July 15, 2011. Apple’s all-time intraday high stands at $374.65, also set today. Apple’s 52-week low is $235.56.

Apple’s market value currently stands at $345.67 billion.

The top five U.S. publicly-traded companies, based on market value:
1. Exxon Mobil (XOM) – $407.14B
2. Apple (AAPL) – $345.67B
3. Microsoft (MSFT) – $224.23B
4. IBM (IBM) – $212.30B
4. General Electric (GE) – $193.97B

Selected companies’ current market values:
• Google (GOOG) – $191.72B
• Wal-Mart (WMT) – $185.16B
• Intel (INTC) – $118.13B
• Amazon (AMZN) – $95.62B
• Cisco (CSCO) – $84.90B
• Hewlett-Packard (HPQ) – $72.64B
• Disney (DIS) – $73.24B
• Dell (DELL) – $31.69B
• Sony (SNE) – $26.79B
• Nokia (NOK) – $20.11B
• Yahoo! (YHOO) – $18.79B
• Adobe (ADBE) – $14.21B
• Research In Motion (RIMM) – $13.90B
• Sirius XM (SIRI) – $8.82B
• Motorola Mobility (MMI) – $6.40B
• Advanced Micro Devices (AMD) – $4.25B
• RealNetworks (RNWK) – $473.77M

AAPL quote via NASDAQ here.

Related articles:
Analysts: Even at all-time high, Apple stock still looks cheap ahead of results – July 15, 2011
Apple shares hit new all-time intraday, closing highs – July 15, 2011

13 Comments

  1. Now if AAPL will just stay up after the earnings release tomorrow.

    I’m getting a little tired of AAPL being so incredibly undervalued. I’d buy more stock, but I’ve already purchased all I can afford. 🙂

  2. The rule of large numbers has kept the stock down for the past 8 months. It’s been waiting for a trigger, a catalyst, a pin that pricks the balloon, for it to blast off on its next run. My modeling has it at $430 before the end of year (adjusted for PBAJ), and $605 by 2014.

      1. “PBAJ” is peanut butter and jelly. Conventional financial analysis tends to use a more luncheon meat oriented approach. Adjusting for PBAJ, I find, is a delicious and oftentimes more accurate method.

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