In NASDAQ trading, Apple Inc. (AAPL) shares today gained $0.52, or 0.11%, on well above average volume of 22,284,461 shares to set a new all-time closing high of $493.69.
Apple also set a new all-time intraday high today of $497.60.
Apple’s previous all-time closing high was $493.17 set yesterday. Apple’s 52-week low stands at $310.50.
Apple’s market value currently stands at $460.02 billion.
The top five U.S. publicly-traded companies, based on market value:
1. Apple (AAPL) – $460.02B
2. Exxon Mobil (XOM) – $395.762B
3. Microsoft (MSFT) – $255.83B
4. IBM (IBM) – $222.74B
5. Wal-Mart (WMT) – $211.65B
Selected companies’ current market values:
• GE (GE) – $199.17B
• Google (GOOG) – $196.86B
• Intel (INTC) – $134.94B
• Cisco (CSCO) – $106.79B
• Amazon (AMZN) – $84.37B
• Disney (DIS) – $74.32B
• Hewlett-Packard (HPQ) – $56.78B
• Dell (DELL) – $31.91B
• Yahoo! (YHOO) – $20.04B
• Sony (SNE) – $19.56B
• Nokia (NOK) – $18.42B
• Adobe (ADBE) – $15.89B
• Motorola Mobility (MMI) – $11.82B
• Research In Motion (RIMM) – $7.94B
• Sirius XM (SIRI) – $8.06B
• Advanced Micro Devices (AMD) – $5.16B
• RealNetworks (RNWK) – $0.37B
AAPL quote via NASDAQ here.
MacDailyNews Take: What you are seeing is a testament to the towering brilliance of Steven Paul Jobs. And, you haven’t seen anything, yet.
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Never gets old.
Bumping up against $500! A bit less than 3 years ago, the price was $85. Apple now has more than that (per share) in cash.
500 will be a new threshold to beat. It took several attempts to get past 200. Depending on how the market is, this could be easy or start the drop down.
At some point the brokers will cash in but with any luck the baseline will be around 450.
About this poll you have right now…
“My 12-month Apple (AAPL) price target is:”
The stock is pretty much at $500 right now. I don’t understand how anyone could make any choice but “$600 ore more”.
To reach $550 in 12 months the stock only needs to go up 11.4%.
To reach $600 in 12 months the stock needs to go up about 21.5%
AAPL has increased over 30% in just 6 months. All signs show sales of iPhones and iPads will continue to have exponential growth this year. Mac sales are also growing every year.
I can’t think of a safer place to have my money right now.
I love my AAPL!
…a long way from my original $16 a share purchases. A love it when the good guys win.
er I.
Or my $7.49
Or my original $5 per share.
Jobs has created “The Corporation” v. 2.
And we all benefit; employees, consumers, and share-holders.
I don’t mind my buy at $142 and $244. I can live with that.
I was complaining a few months back that Apple was just teasing shareholders by getting a little over $400 and immediately falling back in the $380s. It’s like those times never existed. I guess I can start complaining when Apple goes over $500 and falls back to $480. I hate to be teased where my money is concerned. After this climb, I won’t start complaining until June. I only hope that Apple stays a slight bit above $500 for a couple of months and doesn’t start selling off.
There’s just no company like Apple. I’m so lucky I started buying back in 2004 when my dad asked what was a good stock to buy. Since I was always using Apple computers, I told him we should buy Apple shares and those purchases were the bulk of our portfolio. My dad passed away a couple of years back during the housing crisis but I sure wish he was around to see what an awesome investment Apple turned out to be. One of a kind.
At one time Google said, “Do no evil” Look where that got them. I said $500-$549 because 12 months is a long time, and when you have evil doers out there, you just can’t predict the future. If they do pass 549, then 600 will certainly be a psychological barrier.
Except what I see is AAPL gained 25 cents, not 52. Still an all time record but where did you get a 52 cent gain from?