Apple shares hit new 52-week high

Shares of Apple Inc. (AAPL) rose $1.94, or 2.06%, to close at $95.97, a new 52-week closing high. Apple’s intraday 52-week high was also set during trading today at $95.99.

 
Apple’s previous 52-week closing high was $94.03, set on July 3rd. Apple’s all-time high stands at $100.72, set during trading on September 21, 2012.

 
Apple’s 52-week low stands at $58.63.

 
Apple, the world’s most valuable company, currently has a market value of $578.65 billion.

 
The top five U.S. publicly-traded companies, based on market value:
1. Apple (AAPL) – $578.65
2. Exxon Mobil (XOM) – $440.82B
3. Google (GOOG) – $392.72B
4. Microsoft (MSFT) – $346.85B
5. Berkshire Hathaway (BRK-A) – $308.80B

Selected companies’ current market values:
• IBM (IBM) – $190.33B
• Intel (INTC) – $154.47B
• Amazon (AMZN) – $153.49B
• Disney (DIS) – $149.96B
• Cisco (CSCO) – $129.25B
• Hewlett-Packard (HPQ) – $63.38B
• Adobe (ADBE) – $36.15B
• Yahoo! (YHOO) – $35.76B
• Nokia (NOK) – $28.30B
• ARM Holdings (ARMH) – $21.72B
• Sirius XM (SIRI) – $20.70B
• Sony (SNE) – $17.67B
• BlackBerry (BBRY) – $5.82B
• Advanced Micro Devices (AMD) – $3.25B
• RealNetworks (RNWK) – $0.27B

AAPL quote via NASDAQ here.

12 Comments

      1. In other news, Mikey’s eye finally completed their implosion and formed a small black hole in the middle of his face. I know what you are thinking, but crap only goes in this hole. The outlet is somewhere else.

  1. So let’s see, Tim Cook became head Apple on August 24, 2011, that’s three years.

    As very predictable the stock took a nose dive from about $700 a share, before the great split, and the MDN community made a lot of great posts around then, great archives around $400, April 2013.

    Many called for Tim Cook’s head, I preferred to be a cooler head and chill out, and in over a little over a year it’s moved from $400 back to $700 a share.

    Wow, I tip my hat to that, but still it just doesn’t seem like this is good news without a doom naysayer. Can we get a post from someone who thinks that Tim Cook should be ousted, that he doesn’t get it.

    It will sure put a smile on my face while I laugh, and enjoy the dividends.

    1. You’ve re-written history a bit. When Tim Cook officially became CEO (after stints as “acting” CEO) in August 2011, AAPL was at well below $400 a share (not $700 a share), or in the $50-55 range using the post-split price. The Jobs-Cook transition was smooth, and AAPL did NOT take a “nose dive.”

      The all-time high was achieved AFTER Cook had been CEO for more than one year, in September 2012, after AAPL went on an unsustainable rampage from below $400 to above $700. After that run, AAPL dipped below $400 again, and then climbed (more steadily) to where it is now, close to its all-time high again. That latest price recovery started well BEFORE the very recent stock split.

      So, Tim Cook deserves my thanks for essentially doubling the price of AAPL since becoming CEO, from around $50 a share to what will soon be $100+ a share (in less than three years). And paying me some significant NEW dividends along the way. All the crazy (up then down) movement in between, I consider to be “noise,” fodder for the short-sighted and logic-challenged.

      1. Thanks for your post Ken.

        Actually I like to think of it more as unwritten history. I never said the amount the stock was valued when Tim Cook came on board as CEO as you pointed out but the way I put it, that could be inferred.

        It is your point about the transition between Jobs and Cook that made me omit that point. The rise in my opinion from the roughly $400 at the start of Cook’s tenure to the $700 was the momentum of Steve Jobs than Cook’s doing.

        I think that clears it up, it certainly was not the most eloquent of posts but I hope you can see that yes we both have to be thankful to Tim Cook for the way he’s running the ship.

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