Apple shares hit new all-time closing high

In Nasdaq trading today, shares of Apple Inc. (AAPL) rose $2.91, or 1.65%, to hit a new all-time closing high of $179.10. Apple’s previous all-time closing high was $177.09 set on January 12, 2018.

AAPL’s all-time intraday high stands at $179.38, set on January 16, 2018.

Apple’s 52-week low stands at $119.37.

Apple, the world’s most valuable company, currently has a market value of $911.092 billion.

The top five U.S. publicly-traded companies, based on market value:
1. Apple (AAPL) – $911.092B
2. Alphabet (GOOGL) – $789.411B
3. Microsoft (MSFT) – $695.393B
4. (AMZN) – $624.024B
5. Berkshire Hathaway (BRKA) – $529.709B

Selected companies’ current market values:
• Facebook (FB) – $529.709B
• Walmart (WMT) – $304.236B
• Taiwan Semiconductor (TSM) – $213.695B
• Intel (INTC) – $207.745B
• Cisco (CSCO) – $203.677B
• Disney (DIS) – $168.785B
• IBM (IBM) – $155.987B
• SoftBank (SFTBF) – $91.908B
• Adobe (ADBE) – $96.858B
• Sony (SNE) – $65.664B
• Tesla (TSLA) – $58.346B
• Hewlett-Packard (HPQ) – $38.597B
• Sirius XM (SIRI) – $25.001B
• Twitter (TWTR) – $18.166B
• Advanced Micro Devices (AMD) – $11.751B
• BlackBerry (BB) – $7.205B
• Pandora (P) – $1.131B
• RealNetworks (RNWK) – $120.115M

AAPL quote via NASDAQ here.

MacDailyNews Take: Only $88.908 billion to go!

Apple shares hit new all-time intraday and closing highs – January 12, 2017
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    1. The stock market has been on a positive trend for years, starting early in the Obama Administration.

      Anyone can stimulate an already decent economy by borrowing $1.5T over ten years, although most of that money will end up in the hands of the very wealthy. The key is what happens after three to five years of increased deficit spending and increasing interest rates driving up the cost of servicing the debts.

      These one-time bonuses being given to corporate employees are a drop in the bucket, a tiny fraction of the money that will flow to the top 1%. You may love Trump now, but my bet is that history will revile him as one of the worst presidents in history. The responsibility for the pending economic collapse from excessive spending combined with excessive tax cuts will fall on Trump and the Republicans, but the consequences will be mostly borne by the average working American who was once again duped by the political establishment.

      You will down vote. You will ridicule. But that won’t change what is going to happen. Physics and math do not care about your beliefs.

      1. Ahh, you’re one of the numbskulls that think a tax break should be a pixie-dust-deposit (amount paid in by one person, should be returned to another). That’s so nice of you to reroute ownership and it’s not your asset.
        It’s been mentioned over and over in this tax discussion…the top 1% pay approx 1/2 of the nation’s tax, so since we are dealing with a tax RETURN, who the F should it be returned to…Mr & Mrs. Johnson that are already getting a child tax credit and are in the lowest tax bracket..and will pay less going forward?
        So much for the ingrate chirp about the one-time bonuses being a “drop in the bucket.” It’s the uninformed, or the “I want what that group has_spread the wealth’ers” that look at such a grant/rebate/bonus as a singular “gift” and call it paltry. The business looks at it in toto and to do otherwise is naive. AAPL is giving $2500 of RSU, and will invest 350B/US and will pay 38T in taxes. If you call all of that a drop in the bucket, you own one f’g large bucket. And who are you to determine the “rightness” of this action anyways?
        In addition to the spread the wealth family, you are also part of the hate the rich clan. Tell me, please tell me, you’ve heard and acknowledged the veracity of the moniker “it takes money to make money”, no? Assuming the best of you, then why would it be a surprise the tax break/repat would result in the same people making, garnishing the bulk of that wealth and creating more again? The fact obviously makes you cringe, but please explain, w/o going into a Hate Trump diatribe, why this and how could this happen any other way.
        Just as a quick quip…”anyone can already stimulate an already decent economy.” That is just so partisanly fueled, it makes me spit up a little bit. The dude you want to shield couldn’t even produce one qrt above 3.0 GNP, …during 8 yrs!. First time ever. He was an economic dolt. He was also possessed to redirect approx 1/6th of the US economy towards a program that was premised on the idiocy of the US citizenry.

        Cheeto, Drumft, Drumpt, Mr. Orange, ________, are all words you might want to use in response, but since I have already, please don’t. Also, please don’t conflate, confuse, combine… I’m taking economics here. I’m also talking about the benefits of tax breaks/repat, wealth and to where it naturally gravitates, spread the wealth mindset.
        Debt is the huge elephant in the room. You want to tilt it partisan, which blows your credibility out of the water. You can’t tell me with knowledge and a straight face it’s a (only) Trump/R problem.
        We have a spending problem that necessitates high taxation. BOTH R & D’s are culpable and it’s gained momentum through all administrations in the last 50 yrs. Yes, the hot potato is in Don’s hands now, but what’s happened is not particular to him.
        Step out of your Trump-hatred and partisan bubble. You’re about as blind as they come.

  1. For a company that is selling a notebook (Air) and a desktop (Mini) and a pro desktop (Mac Pro) that haven’t been updated in years and just released a pro desktop that doesn’t allow a pro to easily upgrade it (iMac Pro) I’d say that stock evaluation is a remarkable achievement.

    I say this as a massive fan too.

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