In Nasdaq trading today, shares of Apple Inc. (AAPL) rose $6.44, or 2.12%, to close at $309.63, a new all-time closing high. During trading today, Apple also reached a new all-time intraday high of $310.43.
Apple’s 52-week low stands at $149.22.
Apple currently has a market value of $1.356 trillion.
The top five U.S. publicly-traded companies, based on market value:
1. Apple (AAPL) – $1.356T
2. Microsoft (MSFT) – $1.235T
3. Alphabet (GOOGL) – $979.108B
4. Amazon (AMZN) – $941.767B
5. Facebook (FB) – $622.337B
Selected companies’ current market values:
• Berkshire Hathaway (BRKA) – $564.000B
• Walmart (WMT) – $332.503B
• Disney (DIS) – $260.744B
• Intel (INTC) – $258.760B
• Cisco (CSCO) – $200.638B
• Adobe (ADBE) – $164.118B
• Netflix (NFLX) – $147.051B
• IBM (IBM) – $121.015B
• SoftBank (SFTBF) – $92.000B
• Sony (SNE) – $87.166B
• Advanced Micro Devices (AMD) – $57.151B
• Dell (DELL) – $36.569B
• Hewlett-Packard (HPQ) – $30.866B
• Spotify (SPOT) – $27.576B
• Twitter (TWTR) – $25.783B
• Nokia (NOK) – $22.525B
• BlackBerry (BB) – $3.663B
• Fitbit (FIT) – $1.759B
• Sonos (SONO) – $1.665B
• RealNetworks (RNWK) – $51.843M
AAPL quote via NASDAQ here.
MacDailyNews Take: Into the wild blue yonder, we go!
I thought the moon was a bit pessimistic. I reckon the shares are on their way to Mars.
A typo in the article The closing was $309.63.
Wow, Apple is as big as Microsoft and IBM put together. Steve would be proud.
Not to take away from Tim’s stewardship, but most of this is from what Steve put in place finally bearing, er, fruit. Be nice if he’d had an inkling of how big Apple would get before he passed.
Nearly a decade after taking over as CEO, this is well beyond stewardship Johnny, it’s solid leadership. Plenty of ups and downs, but the trajectory has been stellar. Jobs himself might not have managed Apple’s explosive growth as well, at least not without Tim Cook running operations.
Apple is doing quite well but not all that much better than all the FANG stocks, AMD, Tesla and Microsoft. It seems all the tech companies are doing well and at least Apple is climbing with them. Alphabet is pretty close to being a trillion-dollar company without having the revenue and profits Apple has and a rather fat P/E to boot. Alphabet’s search and ad business is likely considered unbeatable. It’s unlikely Apple will break away in gains from any of the those other major tech stocks. I suppose it’s just a tech stock market where big investors just throw money at all of them.
I keep looking at Tesla and that company is worth so much more than all the other car companies in the U.S. but hardly sells that many vehicles at all. That is so weird. I like Tesla, but I would never consider owning one as they just seem somewhat shoddy. Their tech is great, but I wouldn’t say the rest of the car’s build is great.
Anyway, Apple is exceeding all my expectations and I’m just musing about other stuff that comes to mind. It seems as though Apple is going to have a very good holiday quarter if iPhone sales are up in China and that’s better than I expected.