Apple hits new all-time high; poised to break record market cap

“Apple stock is currently trading at its all-time highest levels, putting the company at its highest-ever market capitalization level of more than $659 billion Thursday morning,” Neil Hughes reports for AppleInsider.

“Shares of Apple had closed at $111.25 on Wednesday, which was also an all-time closing high,” Hughes reports. “The previous high was reached in September of 2012, when Apple’s total value was nearly $658 billion.”

“Thursday also marks the day that Apple will pay out a quarterly dividend of 47 cents per share,” Hughes reports. “The dividend will be awarded to shareholders of record as of market closing on Monday, Nov. 10.”

Read more in the full article here.


  1. Since market cap = share price x shares outstanding, Apple hasn’t actually broken its all-time market cap yet. As Forbes has noted, when the stock was at $702.10 it had more shares outstanding than it does now — a LOT more. So in fact the record is $665B or so.

    I’m not worried about the record being beaten, perhaps as early as tomorrow, but it concerns me that so many sites can’t do basic math.

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