In NASDAQ trading, Apple Inc. (AAPL) shares today gained $9.18, or 1.86%, on well above average volume of 18,269,824 shares to set a new all-time closing high of $502.60.
Apple also set a new all-time intraday high today of $503.83.
Apple’s previous all-time closing high was $493.69 set Friday, February 10, 2011. Apple’s 52-week low stands at $310.50.
Apple’s market value currently stands at $468.61 billion.
The top five U.S. publicly-traded companies, based on market value:
1. Apple (AAPL) – $468.61B
2. Exxon Mobil (XOM) – $399.64B
3. Microsoft (MSFT) – $256.59B
4. IBM (IBM) – $223.44B
5. Wal-Mart (WMT) – $211.61B
Selected companies’ current market values:
• GE (GE) – $201.49B
• Google (GOOG) – $199.05B
• Intel (INTC) – $135.34B
• Cisco (CSCO) – $107.52B
• Amazon (AMZN) – $87.19B
• Disney (DIS) – $76.85B
• Hewlett-Packard (HPQ) – $57.04B
• Dell (DELL) – $32.30B
• Yahoo! (YHOO) – $20.01B
• Sony (SNE) – $19.55B
• Nokia (NOK) – $18.92B
• Adobe (ADBE) – $15.97B
• Motorola Mobility (MMI) – $11.90B
• Research In Motion (RIMM) – $7.68B
• Sirius XM (SIRI) – $8.06B
• Advanced Micro Devices (AMD) – $5.34B
• RealNetworks (RNWK) – $0.38B
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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Well, AAPL certainly blew passed that “barrier”…
Exxon below 400 billion. There can be only one.
Guess that answers the question whether Apple would reach $500 before the end of February. Happy Valentines Day everyone.
Shit Howdy!
Just frustrated that it’s only 14.5x Dell. I was hoping to see 15x knowing that it’s really worth 100x
Apple = Exxon + chump change (i.e. two Dells)
Apple = Exxon + HP + change
Next stop: Apple = Exxon + Disney
Didn’t I just see this article last week and the week before and the week before that?
There are times when I just love repetitive redundancies!
I’ll second that.
I was celebrating $400 at Xmas
Dec 22, 2011, Apple closed at $398.55.
I have been sitting in my office laughing and everyone’s silly argument that aapl is just too expensive now to buy. The same people said that when it was at $400. When I tell them that aapl went up 30% in less than 6 months and that it will continue to climb they just stare at me.
I just laugh because since ignorance is bliss, apparently I am surrounded by a lot of happy people….
VAVOOM and VAVOOM!!!
I sure ain’t bored yet.
Imagine what is going to happen when Wall Street realizes that Apple is not only dominating smartphones and tablets, but that it will soon dominate consumer and enterprise computing as well. Apple breaks all the business models to which the pundits cling. Apple is the largest cap company in the world operating and growing like a start up. The competition is flummoxed!
Well, even Apple admits that the PC market is dying. It’ll be happy to take an increasing share of that sector, of course, but the future is in smart/connected appliances, which is why it’s focused on the iPad.
It’s good to be alive, good to be Apple and good to be an Apple shareholder. It’s so great seeing the smirk being wiped off the faces of PCrap users & Apple Haters everywhere and being replaced by stunned disbelief. Good Golly Miss Molly, 2012 is going to be amazing!
As one who passed up numerous buying opportunities (as low as $7 split-adjusted), I’ll settle for “alive”. I only wish Steve were here to see it.
Outstanding. No company on earth deserves it more.
Wonder when Apple will break the market value RECORD set by Microsoft over a decade ago?
… minus inflation.
Less than $20 billion to go till they’re at a 15x multiplier of Dell…time for big ‘D’ to SIDAGTMBTTS!
I wonder how Ed Zabitsky, the analyst who advised clients to sell short late last month and put a $270 price target on the stock, is feeling. More important, how do any of his clients who were dumb enough to take his advice feel?
ACI Research
Biographies
Edward Zabitsky, Principal and CEO, ACI
edward@aciresearch.com
Rounding error.
DOW high: October 9, 2007 14,164.53
Low: March 6, 2009 6,626.94 (recent history)
today 12,874.04
‘Well said MDN’! Thanks again S.P. Jobs … Let the legacy live on and the future begin once more …