Today in Nasdaq trading, shares of Apple Inc. (AAPL) rose $2.80, or 2.04%, to hit a new all-time closing high of $139.79. Apple’s previous all-time closing high was $137.11 set on February 22, 2017.
AAPL’s all-time intraday high stands at $140.15, also set today. Apple’s previous all-time intraday high of $137.48 was set on February 23, 2017.
Apple’s 52-week low stands at $89.47.
Apple, the world’s most valuable company, currently has a market value of $733.41 billion.
The top five U.S. publicly-traded companies, based on market value:
1. Apple (AAPL) – $733.41B
2. Alphabet (GOOG) – $583.24B
3. Microsoft (MSFT) – $501.83B
4. Berkshire Hathaway (BRKA) – $438.09B
3. Amazon.com (AMZN) – $406.88B
Selected companies’ current market values:
• Facebook (FB) – $397.14B
• Walmart (WMT) – $216.51B
• Disney (DIS) – $175.52B
• IBM (IBM) – $172.97B
• Cisco (CSCO) – $172.47B
• Intel (INTC) – $169.78B
• Taiwan Semiconductor (TSM) – $157.09B
• SoftBank (SFTBF) – $80.29B
• Adobe (ADBE) – $59.46B
• Yahoo! (YHOO) – $44.12B
• Tesla (TSLA) – $40.22B
• Sony (SNE) – $38.79B
• Hewlett-Packard (HPQ) – $29.83B
• Sirius XM (SIRI) – $24.35B
• Advanced Micro Devices (AMD) – $14.07B
• Twitter (TWTR) – $11.2B
• BlackBerry (BBRY) – $3.64B
• Pandora (P) – $2.95B
• RealNetworks (RNWK) – $182.63M
AAPL quote via NASDAQ here.
MacDailyNews Take:
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Closing in on $142.86, which would break the $1000 a share pre-split threshold.
The next landmark will be $190.56, which will achieve a market cap of $1 trillion.
Im so pleased, my money earned more today than I did.
$142.86 –> $1000 pre-split
$190 ——> $1T market cap
All systems go.
I hope CNBC will have analyst Colin Gillis back on soon to talk some more about his price target of $85 on Apple. It’s gone up about $30 since he made that call. I’d love to have him explain why he should keep his job. I’m just glad I know better than to listen to “experts” like him.
I do not hate Carl Icahn. But I can’t stand Colin Gillis, watching his mouth moving made me sick in my stomach.
Not to mention the bad hair dye job he sported the last time I saw him on CNBC. Maybe he thought that would distract viewers from the dumb stuff he was saying.
And this guy…
http://www.marketwatch.com/story/this-trader-bets-it-all-on-apple-getting-crushed-after-earnings-2017-01-30
Whatever, there ‘are’ some gains to be had with conservative(small ‘c’) puts.
I would like to hear a word from iCahn, who muscled up Tim Cook, then suddenly yanked his money over competition in China.
He made $2 billion on the Apple trade. He also bought $1 billion of S&P 500 futures on election night after the market temporarily crashed.
What do you want to hear?
I put in an order with my internet broker on election night after the crash but the market recovered by the time it was executed. Nevertheless, the gains since then have been pretty sweet.
Market data doesn’t support your story. AAPL declined sharply starting the day after the election (as did the broader markets) and didn’t begin to recover until a week afterwards.
Vulture
I’d like to know why “Gordon” of CNBC’s TradingNation didn’t offer up any AAPL investment advice earlier. Today he’s touting the APR $140/$145 Call Spread at $1.30.
One week ago, on February 22, I bought 85 May $135/$140 Call Spreads at $2.40 (plus fees). Approximate ROI = 108%.
I could have purchased the April equivalents for less and the $140/$145 Spreads for less still, but deemed the May contracts far less risky. Doubling my investment in about 90 days is plenty good enough for me. In the meantime I’m up $4,250 vs starting at zero with “Gordon’s” advice.
It is nice to see it finally climbing. Oh it will probably be kicked down but not below $100 a share, unless something wild happens.