In Nasdaq trading today, shares of Apple Inc. (AAPL) rose $0.49, or 0.23%, to hit a new all-time closing high of $210.24. Apple’s previous all-time closing high was $209.75 set on August 14, 2018.
AAPL’s all-time intraday high stands at $210.95, set on August 13, 2018.
Apple’s 52-week low stands at $149.16.
Apple, the world’s most valuable company, currently has a market value of $1.015 trillion.
The top five U.S. publicly-traded companies, based on market value:
1. Apple (AAPL) – $1.015T
2. Amazon.com (AMZN) – $918.231B
3. Alphabet (GOOGL) – $849.187B
4. Microsoft (MSFT) – $825.561B
5. Facebook (FB) – $504.397B
Selected companies’ current market values:
• Berkshire Hathaway (BRKA) – $509.355B
• Walmart (WMT) – $266.225B
• Intel (INTC) – $218.838B
• Taiwan Semiconductor (TSM) – $210.629B
• Cisco (CSCO) – $206.268B
• Disney (DIS) – $167.780B
• IBM (IBM) – $131.356B
• Adobe (ADBE) – $122.670B
• SoftBank (SFTBF) – $99.738B
• Sony (SNE) – $68.548B
• Tesla (TSLA) – $57.778B
• Hewlett-Packard (HPQ) – $38.701B
• Spotify (SPOT) – $34.217B
• Sirius XM (SIRI) – $30.968B
• Twitter (TWTR) – $24.445B
• Advanced Micro Devices (AMD) – $19.205B
• BlackBerry (BB) – $5.419B
• Pandora (P) – $2.133B
• Sonos (SONO) – $1.749B
• Fitbit (FIT) – $1.296B
• RealNetworks (RNWK) – $124.119M
AAPL quote via NASDAQ here.
MacDailyNews Take: Onward and upward!
Never tire of that!
Gotta love that lone “T” on the list!
Apple = $1.015T at a p/e of under 20
Amazon = $918.231B at a p/e ratio of 150
If Amazon’s p/e ratio is applied to Apple, Apple’s valuation would be almost $8 trillion.
Perhaps Apple should be much higher, and Amazon significantly lower. Amazon is not growing fast enough, and Apple is not risky enough, for that to be a cray-cray.
I would think Amazon is valued too high but I’m probably just an ignorant clod. I can only observe early Amazon shareholders getting exponentially richer by the day as the big investors happily pay nearly $2000 for a single share of Amazon. They’ll merrily pay nearly 10X more for Amazon than they would for Apple and I can only shake my head in wonder.
They’re not paying 10 times more for Amazon. It only looks that way because they have different numbers of shares outstanding (in circulation).
If you look at the valuation, Apple is $1 trillion, Amazon is just over $900 billion. So they’re paying about 10% more for the same “share” of Apple.
AMZN P/E was at 223 not long ago, today is 149.09, how come it changed so fast overnight?. George Soros trimmed his position with AMZN and loading up AAPL because AMZN almost reaches all time high. My two cents guess.
I thought that Amazon’s P/E dropped quite a bit. Amazon must have made a lot more revenue last quarter. Everyone on Wall Street claims Amazon can make profits anytime they want but Jeff Bezos continues to pour money back into the company for acquisitions. Why doesn’t Apple occasionally do at least a $5B acquisition from time to time? I’m sure there must be some company or service Apple could use to help revenue growth.
Both Microsoft and Alphabet have P/Es of about 50 or so. Why is that when Apple is only given a P/E of 18? What Wall Street is implying that both of those companies have much more potential growth than Apple or that they dominate a particular market. It’s a shame Apple doesn’t quite comprehend the means to get them to a higher P/E. Microsoft is carrying such a huge amount of outstanding shares they’ll need to pay dividends for every quarter. That’s almost like an anchor for Microsoft come payout time.
I remember it was only a few years ago watching Apple’s share price tank below $200.
There were Android/Samsung fans in shares forums cheering every drop.
Where are they now?