Apple shares hit new all-time closing high

In Nasdaq trading today, shares of Apple Inc. (AAPL) rose $0.89, or 0.48%, to hit a new all-time closing high of $186.05. Apple’s previous all-time closing high was $185.16 set on May 7, 2018.

AAPL’s all-time intraday high stands at $187.67, set on May 7, 2018.

Apple’s 52-week low stands at $142.20.

Apple, the world’s most valuable company, currently has a market value of $944.020 billion.

The top five U.S. publicly-traded companies, based on market value:
1. Apple (AAPL) – $944.020B
2. Amazon.com (AMZN) – $772.671B
3. Microsoft (MSFT) – $736.127B
4. Alphabet (GOOGL) – $734.13B
5. Facebook (FB) – $517.907B

Selected companies’ current market values:
• Berkshire Hathaway (BRKA) – $485.621B
• Walmart (WMT) – $253.146B
• Intel (INTC) – $249.916B
• Cisco (CSCO) – $220.209B
• Taiwan Semiconductor (TSM) – $197.438B
• Disney (DIS) – $153.060B
• IBM (IBM) – $131.269B
• Adobe (ADBE) – $115.514B
• SoftBank (SFTBF) – $83.655B
• Sony (SNE) – $58.819B
• Tesla (TSLA) – $51.471B
• Hewlett-Packard (HPQ) – $36.044B
• Sirius XM (SIRI) – $29.694B
• Spotify (SPOT) – $26.837B
• Twitter (TWTR) – $23.884B
• Advanced Micro Devices (AMD) – $11.254B
• BlackBerry (BB) – $5.967B
• Pandora (P) – $1.829B
• Fitbit (FIT) – $1.224B
• RealNetworks (RNWK) – $131.862M

AAPL quote via NASDAQ here.

MacDailyNews Take: Just $55.98 billion to go!

SEE ALSO:
Apple shares hit new all-time intraday and closing highs – May 7, 2018
Apple shares hit new all-time intraday and closing highs – May 4, 2018
Apple shares hit new all-time intraday and closing highs – March 12, 2018

17 Comments

    1. They own the Oculus VR headset, so they have one product at least. But their real product is you. They know more about you than just about anyone else except maybe google. Even if you’re not a Facebook user, their trackers are on every website you visit and they have a shadow profile of you.

    2. It’s amusing. FB is also a one-trick pony but you don’t hear Wall Street constantly whining about it. The thing that makes it different from Apple is I suppose there isn’t as much competition in that space and there’s more room for growth unlike Apple with the iPhone. Because I don’t use Facebook, I can’t possibly understand the value of the company. Obviously, I can easily do without it but I’m sure that’s not the case for hard-core Facebook addicts.

      I can understand Facebook having value but it being worth more than Disney, Walmart or Berkshire Hathaway is just crazy to me. However, that’s the power of being one of the FANG stocks. They’ve all been granted special value powers by big investors and there’s nothing more to be said. If Facebook is giving all that personal data to intelligence agencies then it might be worth far more than I realize.

      1. “I can understand Facebook having value but it being worth more than Disney, Walmart or Berkshire Hathaway is just crazy to me.“

        Absolutely correct — simply nuts!

      1. “Social injustice” is making customers wait since 2013 for a new MacPro, mini and FORCE a closed system that cannot be easily upgraded. That’s Apple’s “social injustice” that they created and own and everyday that goes by seriously NEGLECTS millions of people. Apple’s “social injustice” is just NOT RIGHT! …

      2. I think the real point is a perception that Cook isn’t minding the store.. either through inattention, distraction, or incompetence. To say that the store has changed isn’t sufficient to explain away Apple’s straying from their principles of best-in-class design and user experience. The lousiest user experiences are products that arrive late and buggy or disappear without a word. And for a company as rich as Apple it just isn’t credible that trade-offs are inevitable, that some loyal customers must lose if others are to win. It isn’t a zero-sum game.

        Harry Truman had a sign on his desk, “The buck stops here.” Tim Cook has one too, but he thinks it means literal bucks, or quid or shekels, and lots of them, instead of its being a metaphor for managerial responsibility.

        1. “To say that the store has changed isn’t sufficient to explain away Apple’s straying from their principles of best-in-class design and user experience.”

          Not even close to being sufficient. Negligence grande! …

  1. I agree, sure they are worth more than EVERY OTHER COMPANY EVER, but as long as I can think of a number larger, then there’re not beating or even MEETING my expectations. 1 Trillion? How about call me when they make TWO trillion… at which point I’ll say how about THREE trillion. Trust me, I’ve got more numbers where those came from!

    1. What is your expectation . Infinity ?

      Milestones are not a bad thing now are they …. gives one clear targets.

      Just like running…
      you may set 1 mile as your goal first .. then 2 miles … 3 miles.. just something to shoot for..

      As for one trillion.. its a milestone… i know it means that my stock will be worth more and ill be closer to my finacial target.

  2. I still don’t think Apple will be able to reach $1T anytime soon. The talking heads have decided on an Apple correction or pullback every single time Apple makes a decent climb. Most analysts still believe Apple is tied to iPhone sales and I don’t think anything is going to change that.

    I’m not concerned. I’d like to see Apple continue buying up shares and if the share price goes lower, they more Apple can buy for a given amount of money. Buffett said he’d buy more shares if Apple’s price goes lower, so that’s also good. I’m willing to play the long game and although I’ll be somewhat pissed when Amazon blows past Apple to the $1T mark, I think it’s inevitable, anyway. Apple will never be valued as highly as Amazon is even if Apple is far more profitable. I can’t afford to pay $2100 a share for Amazon to exceed $1T but plenty of wealthy investors can. More power to them.

    Dividends mean more to me than some $1T market cap glory. I don’t think Apple beating any company to $1T proves very much. It’s still going to be the same company being run the same way. No real change is going to be seen at $1T. I want Apple to have a long-lasting and solid foundation more than anything else. I wish Tim Cook was a bit more aggressive as a CEO but he isn’t. I still think he’s doing an OK job as Apple’s CEO. He’s just not a CEO god like Jeff Bezos is.

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