Apple shares hit new all-time intraday high

In Nasdaq trading today shares of Apple Inc. rose $9.15, or 1.43%, to hit a new all-time intrday high of $645.49.

Yesterday, Apple dispersed its first quarterly dividend in some 17 years: $2.65 per share. Apple is also due to commence a $10 billion share buyback in the company’s fiscal 2013, which begins on September 30, 2012. The repurchase program is expected to be executed over three years, with the primary objective of neutralizing the impact of dilution from future employee equity grants and employee stock purchase programs.

Apple, the world’s most valuable company, currently has a market value of $604.74 billion.


    1. 8/18…
      DELL -> Closing at $12.22, Market Cap is $21.37B
      AAPL -> Closing at $ 648.11, Market Cap is $607.54B

      Closing: AAPL == 53.0368248772504 x DELL
      Market Cap: AAPL == 28.4295741693964 x DELL

      1. Too small.

        Like John Gruber said, the iPad mini is more like an iPad Air, a tablet stripped further to its bare essentials that allows for an ultra thin, ultra light experience that simply can’t be achieved with the pricier, more feature-rich iPad. The iPad mini will be to the iPad what the MacBook Air is to the MacBook Pro.

        Those of you who still shun the concept of an iPad mini will hopefully see the light when you finally hold and use one in your hands.

  1. It’s all well and good that Apple’s share price is up today, but it has to stay up that high for at least a week for it to mean anything. A one day rally is nothing more than a tease.

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