In Nasdaq trading today, shares of Apple Inc. (AAPL) rose $3.28, or 1.49%, to hit a new all-time closing high of $222.98. Apple’s previous all-time closing high was $219.70 set on August 28, 2018.
AAPL’s all-time intraday high stands at $223.49, also set today.
Apple’s 52-week low stands at $149.16.
Apple, the world’s most valuable company, currently has a market value of $1.077 trillion.
The top five U.S. publicly-traded companies, based on market value:
1. Apple (AAPL) – $1.077T
2. Amazon.com (AMZN) – $974.555B
3. Alphabet (GOOGL) – $874.035B
4. Microsoft (MSFT) – $858.994B
5. Berkshire Hathaway (BRKA) – $523.290B
Selected companies’ current market values:
• Facebook (FB) – $507.862B
• Walmart (WMT) – $282.218B
• Intel (INTC) – $224.786B
• Cisco (CSCO) – $223.293B
• Taiwan Semiconductor (TSM) – $219.789B
• Disney (DIS) – $167.240B
• IBM (IBM) – $134.670B
• Adobe (ADBE) – $131.406B
• SoftBank (SFTBF) – $100.133B
• Sony (SNE) – $72.720B
• Tesla (TSLA) – $52.033B
• Hewlett-Packard (HPQ) – $40.392B
• Spotify (SPOT) – $34.384B
• Sirius XM (SIRI) – $31.866B
• Twitter (TWTR) – $26.687B
• Advanced Micro Devices (AMD) – $24.567B
• BlackBerry (BB) – $5.812B
• Pandora (P) – $2.325B
• Sonos (SONO) – $1.907B
• Fitbit (FIT) – $1.543B
• RealNetworks (RNWK) – $125.247M
AAPL quote via NASDAQ here.
MacDailyNews Take: To the moon, Alice. To the moon!
Honest question for all you out there.
Is it conceivable for this stock to hit 2 Trillion? Anytime within the next 2 decades?
If it traded at the same multiple as AMZN, GOOG, or NFLX it would already be there, so yes.
If it traded at the PE ratio of Amazon, Apple would be worth nearly 10 Trillion.
It won’t when Amazon and Netflix crash they will drag the profitable tech stocks with them ie.. Apple
Well, that’s some expectation. I had bought Amazon at about $100, and so,d at $244.6 because I though the share price rise wasn’t sustainable. I was wrong. Amazon needs to keep expanding for its shares to continue their rapid rise. If that expansion ceases, then the stock will drop.
Netflix is a strange case, but it looks strong.
I don’t see Apple’s stock crashing if Amazon and Netflix/s do. Neither are really in the tech sector, though Amazon has its toes there. At any rate, if either, or both companies crashed, that would be good for Apple as there would be less compition in several areas for Apple to worry about. Netflix going away would do wonders for Apple TV ambitions.
There isn’t any magic in these numbers. Apple is now at almost $1.1 trillion. I expect it to hit that in a couple of weeks, assuming nothing adverse happens anywhere. If Apple keeps growing, and it’s profits remain at the same percentage, then Apple could hit $2 trillion in five years, or even less.
I think so, provided they keep on track. I don’t know if Tim will be around for another two decades as CEO so it will depend on who replaces him but if the DNA is good Apple will continue to flourish.
But if Apple DNA is polluted by American Adventurism DNA, it could go south in a hurry. I’m saving up for a Mars colony mission.
The Mars mission would be a good idea if the Icelanders were going to it but going with the Space Force? You’d be more rewarded getting yourself to the free and civilized world before they finish that wall, which should be any day after that weapons of mass destruction program is found.
Cheers.
Doubling in 20yrs, only requires a growth rate of about 3.6%.
Sure..I’m planning on it. Services, Content Creation, Global Retail Presence, Owning Technologies, AR, Wearables, Health, Transportation, Massive Continuous Cash Generation…on and on..no stopping this train.
I don’t want to count my chickens before they cross the road.
AAPL stockholders are stumbling around the Cupertino campus because their pockets are so full, walking has become a challenge. Isn’t it time the filthy rich b’strds do the right thing and demand a fairer wage that serves to equalize the income disparity?
Even though he now owns a couple of multi-million dollar mansions and makes millions from books and speaking engagements, our previous president very poignantly stated, there’s a “certain point where you’ve made enough money.”
May the stumblers in Cupertino and any others here that have become rich b’strds from AAPL, please take the O’s words to heart. Demand lower wages, smaller dividend, give it away, or at least feel guilty on days like today, when the stock reaches record highs. FRB’s.
So, to you, all rich or who ever becomes rich are bastards ha?
Got a few chips on your shoulders. Dont you .. BIG ones!
I’ll take a rich bastard anyday over a jelouse lost soul like you..
O ??? Lol …
Have you been keeping track of how much the great divider/hypocrite has made since … !!?
You should before u open your ignorant mouth !
for those that can’t understand sarcasm? Turn your light on.
How about the poster flick the light on for the rest of us with a ’/s’ ?
And barely any profit, 200 billion revenue (in a year) with less profit than the Apple Watch in only one quarter.
Wow. Wow. Wow.
AAPL just keeps going up and up. Up over $50/share this year alone.
All time high? I blame Trump!!
When Trump verbally bashed Amazon a couple of months ago, the stock crashed 15%. I quickly bought as much as I could. It bounced back almost immediately and now is up about 40% since then. It’s all Trump’s fault.
Well, I’m happy here to admit I was wrong about something. ;~) I said that Apple would hit $1.1 trillion in two weeks.
Well, here it is, a mere day later, and they hit $1.1 trillion.
If nothing goes awry, I now think they could hit $2 trillion in a couple of years, though more likely three.