Apple shares hit new all-time intraday and closing highs

In Nasdaq trading today, shares of Apple Inc. (AAPL) rose $2.13, or 0.73%, to close at $293.65, a new all-time closing high. During trading today, Apple also reached a new all-time intraday high of $293.67.

Apple’s 52-week low, set on January 3, 2019, was $142.00. If you bought in around then, you’re a smart cookie.

Apple currently has a market value of $1.305 trillion.

The top five U.S. publicly-traded companies, based on market value:
1. Apple (AAPL) – $1.305T
2. Microsoft (MSFT) – $1.203T
3. Alphabet (GOOGL) – $923.760B
4. Amazon (AMZN) – $916.154B
5. Facebook (FB) – $585.3215B

Selected companies’ current market values:
• Berkshire Hathaway (BRKA) – $560.000B
• Walmart (WMT) – $337.169B
• Intel (INTC) – $260.348B
• Disney (DIS) – $260,681B
• Cisco (CSCO) – $201.804B
• Adobe (ADBE) – $159.080B
• Netflix (NFLX) – $141.805B
• IBM (IBM) – $118.711B
• SoftBank (SFTBF) – $90.000B
• Sony (SNE) – $83.436B
• Advanced Micro Devices (AMD) – $53.522B
• Dell (DELL) – $37.897B
• Hewlett-Packard (HPQ) – $29.863B
• Spotify (SPOT) – $26.110B
• Twitter (TWTR) – $24.882B
• Nokia (NOK) – $20.788B
• BlackBerry (BB) – $3.545B
• Fitbit (FIT) – $1.741B
• Sonos (SONO) – $1.693B
• RealNetworks (RNWK) – $47.744M

AAPL quote via NASDAQ here.

MacDailyNews Take: 2019 goes out with a BANG! Happy New Year, everyone!

27 Comments

      1. This is not hard to understand. There is only one trend in AAPL stock price since Obama took office. There are no “alternative facts” about it. It is the current upward-continuing “Obama” trend that began (resumed) during Obama’s first year.

        No magic wand, but if either had one, it is clearly Obama. It’s not even close. (Is “lofty media words to shame” supposed to mean something?)

        Do you look at the actual numbers, or are you just parroting what you read in the MDN comments? Do you even own any AAPL stock?

        Get a grip? How about you get a clue?

        Speaking of which, I will now helpfully provide 12 years’ worth. You can graph it yourself if you can’t see the trend just by looking at the chart below.

        We haven’t seen an increase like the one in 2019 since Obama’s first year in office in 2009 (so that’s a positive for Trump), but the 2019 increase still falls far short of that Obama record. AAPL was down last year (a Trump year) -8.32%. The worst AAPL was down in all of Obama’s eight years was -3.64%, less than half of last year’s Trump drop.

        In the three-year comparable period, the “Obama” increase is more than double the “Trump” increase. Trump is coasting on Obama’s momentum.

        SCORE
        Obama, 1st three years: 353.3%
        Trump, 1st three years: 152.8%

        “Obama” more than doubles “Trump.”

        Date Close/Last Y/Y %
        12/31/19 $293.65 85.95%
        1/2/19 $157.92 -8.32%
        1/2/18 $172.26 48.31%
        TRUMP inaugurated January 20, 2017
        1/3/17 $116.15 10.25%
        1/4/16 $105.35 -3.64%
        1/2/15 $109.33 38.36%
        1/2/14 $79.02 0.75%
        1/2/13 $78.43 33.51%
        1/3/12 $58.75 24.78%
        1/3/11 $47.08 54.00%
        1/4/10 $30.57 135.82%
        OBAMA inaugurated January 20, 2009
        1/2/09 $12.96 -53.45% (BUSH is president)

        All that said, I don’t put much credence in “Bush,” “Obama,” or “Trump” ups or downs. The real trend is Apple’s increasing ability to innovate (a slump right now, hopefully recovering) and execute (trending higher) in a receptive market.

        1. I will take the trump economy of Obama’s any day. You’re a dreamer! Obama sold us out to globalism that fattened politicians and Wall Street. Obama was made, bought, and controlled. He had no business sense and no skills at negotiating trade deals. He was good at apologizing for America. Nice guy and family but a terrible American president. 8 years of Busch followed by eight years of Obama was an economic disaster. If the Democrats take over they will destroy the American dream economy again.

          1. No dream, just data. Go back and look at the chart. It’s all right there for you to plainly see. What can’t you understand? There is not a single fact in your rant, and your rant cannot change the facts.

            But here’s a fact pertaining to the time period you’re in a lather about (Bush-Obama, 2001-2017): AAPL closed at $1.06 on January 2, 2001 (the last weeks of the Clinton presidency — the last president to post a surplus). From then to the last trading day of 2019 (see the article above), AAPL’s stock price increased by 27,604.71%. I was paying attention because I was riding it all the way up. If that’s an “economic disaster,” to use your phrase, then give me more — much more — please!

            (You’re right that Bush solo was an economic disaster, but you cited Bush-Obama. I’m not here to argue about your criticism of Obama, but substitute “Bush” for “Obama” in your tirade, and I agree with you. Obama rescued the economy from the Bush disaster and started the longest economic recovery in American history (still going under Trump, but mainly from momentum, but I’ll give Trump credit for not screwing it up (yet).)

            Take your socialist whining about not getting some of that solid retirement security for yourself, and go boo-hoo in the corner. Or, better yet, man up, and go buy yourself some AAPL stock. You’ll feel better about yourself. Really, you will.

            Another way to improve your perspective is to stop trying to see Apple’s success through the blinders of your favorite political party or through the hero worship of your favorite political figure (it’s not reciprocated). Apple has, over decades, proven that it can thrive and grow no matter which party is currently in power.

            Happy New Year to all, and to all a good day.

            1. “What can’t you understand? There is not a single fact in your rant, and your rant cannot change the facts.”

              Obviously you don’t understand and sad to read you cannot distinguish the truth from a lie…

          2. Justthetruth your description of the anemic Obama economy and march to selling out to globalism is spot on. President Obama famously claimed he had no “magic wand” to bring jobs back as you pointed out Obama had ZERO business experience. President Trump is schooling the clueless Democrat Party long on lofty empty rhetoric and short on results for the American people…

          1. I suggest you buy Apple shares instead. I presented the actual data, but all you do is rant. Go right on reinforcing each other’s political fantasies and jabbering back and forth about what happened four, five, ten, eleven years ago. I don’t need to debate. Thanks to Apple, Obama, and Trump (at least for now), I can afford to just to sit back and collect my next dividend payment.

        2. “I Do Think At A Certain Point You’ve Made Enough Money,” said the man that has become a multi-millionaire and now sips champagne with Michelle from the verandas of their various mansions. What’s the definition of “enough,” Mr. Financial Wizard-man, that also fortified the economy with “Cash for Clunkers,” only prez to not have 3% growth…say nothing of devoting 1/6th of the economy on a ship (The “Affordable” Act ) that from the start, had holes on both port and starboard sides?

          I’ll bet his definition of “enough” has been modified now that he’s bathing in (probably/hopefully/assumably) deserved wealth?

          Prosperity to all! For those that are prone to conflate…prosperity and greed aren’t inextricably linked. Say NO to Statism.

    1. Obama explicitly mocked Trump in 2015/16 for promising the economic boon we’re expecting. Obama claimed it couldn’t ever happen. Said these sorts of economic numbers were all in the past. He said it. There’s a video of him saying it repeatedly.

      The amazing thing isn’t Trump’s economy. That’s simply the result of basic economics. The amazing thing is how well companies like Apple did despite Obama and his economic nonsense.

      1. Obama mocked Trump! And it’s on video? Oh, my heavens! Trump would never do a thing like that!

        You not only have no credibility with an argument like that, but you cannot even see how laugh-out-loud ludicrous it sounds coming out of the mouth of a Trump supporter.

        All your woulda coulda shoulda — doesn’t — change — one penny — of the increase in AAPL’s value under Obama. One more time:

        SCORE
        Obama, 1st three years: 353.3%
        Trump, 1st three years: 152.8%

        The numbers are the numbers. If you insist on trying to claim that AAPL has done better under Trump than Obama, it’s an argument that you just cannot win.

        But it’s a stupid argument to begin with. Apple’s done fine under Trump so far, so it’s OK to cast it as a plus for Trump (152% — yay!). It’s when you insist on trying to claim that it was worse under Obama — when, in fact, the increase under Obama for the comparable period was more than twice that under Trump — that makes your position laughable.

        Sputter on all you want, the numbers won’t change.

        1. You miss the point. Obama and his policies have nothing to do with the present recovery because they were the problem.

          Our present recovery is because Trump’s policies free up entrepreneurs to do what they do best.

          Government does the most good when the get out of people’s way.

          1. Amen. 👍🏻

            We are dealing with a hyper partisan who is totally blind to one side, does not see the good on the other side of the aisle, and attempts to rewrite history with cherry picked pronouncements while totally ignoring the policies and success of Trump’s economy — particularly lowering taxes and getting government out of the way. Tedious one sided rants reads like Mike…

    2. We’re starting the 4th year apart from your “trend-setter” and you’re still pointing to his ownership of recovery.

      Have your cake and eat it too…will you, Catalinaman?

  1. Bang! Zoom! Hooray!

    Apple stock has had a stellar year, racking up 27 new all-time closing highs — all in just the 81 days since October 11.

    Based on the closing price on the first day of trading this year ($157.92), today’s closing price means the stock is up 85.95% for the year.

    That is tempered slightly by -8.32% drop from the comparable period in 2018, but when you put them together, the two-year increase since January 2, 2018’s closing of $172.26 is an amazing 70.47%.

    Apple had 30 new all-time highs in 2018, but that took 254 days and peaked on October 3 of that year. It then began falling and didn’t recover until a year later, on October 11, 2019 — but then it was rocket-propelled.

    From its lowest all-time high in 2018 to its highest, the stock price moved up $54.98. In 2019, from its lowest all-time high to its highest, the stock price moved up $57.44.

    For the investors who buy and hold, it’s a very welcome payoff — and the next two years look promising, as well.

    1. Yes, Apple has had a stellar year while President Trump has experienced multiple stock market records and in three years a record breaking economy! Unemployment at 3.5%, nuff said…

      1. You see? We can agree on that. Stellar year for AAPL. Multiple stock market records. Some new stock market records set. Unemployment at 3.5%. It seems to upset you, however, when I add one more fact — that all these positive accomplishments are extensions of trends that began during the Obama years. It’s a fact, no matter what you think of Obama. We should be able to agree on the facts.

        1. No! The economy under Obama was big government, globalism, bad trade deals, higher taxes, higher health care costs for millions, record poverty and record welfare numbers, intrusive regulations to name a few that kept the GDP growth under 3% for eight years. That is Obama’s RECORD!

          Trump’s policies are in no way an extension of the limping along economy under Obama. President Trump has radically changed course because of his smart business experience and his policies have unshackled economic forces that are setting RECORDS. You seem to have a partisan problem with reality…

  2. @Catalinaman……

    “Another way to improve your perspective is to stop trying to see Apple’s success through the blinders of your favorite political party or through the hero worship of your favorite political figure (it’s not reciprocated)”

    Maybe if you stopped worshiping a corporation you could improve your perspective.I have been using Apple products exclusively for twenty years.I presently see a very profitable company that is gouging loyal customers and is reluctant to acknowledge defective products; its almost like some products are designed to be prohibitively expensive to repair.The competition is not as far behind as it was twenty or ten years ago. Read some criticisms of Apple: the company & its products. Some of it is valid.

    1. I agree with all of your criticisms of Apple. I have my own and can add to your list.

      I’ll see your “using Apple products exclusively for twenty years” and raise you 12! Bought my first Mac in 1988 and never looked back.

      This is not a discussion of Apple the company. It is a discussion of AAPL the stock and its remarkable rise in 2019. (Except for those who keep trying to use to prove how loyal they are to a certain political figure.)

      The fact that I decided to invest in AAPL during its darkest days was, I will admit, partly an emotional decision. (But I’ve always been a contrarian.) I thought my little purchase of a few shares then was safe enough for my risk tolerance and was a way of showing support for Apple the company.That turned out to be the single most important economic decision I ever made in my life and has insured a healthy retirement for my wife and me for as long as we might live.

      So, perspective.

      Happy a happy, healthy, and prosperous New Year! One and all!

  3. I must admit Catalinaman, you are a MASTERdeBATER. I enjoy your cleverness and use of the language. While I agree with you about the Apple comments, the general economy was on life support for the 8 years of President Obama—not to deny that he inherited a can of worms. We can celebrate the New Year (thus far, at least) being off to a great start on most economic fronts except for the national debt. Cheers!

  4. Thank you. I’ll take the compliment, but I won’t rise to the BAIT. Anyway, there’s been a new high since our little vacation discussion, so I think we’re done here.

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