In Nasdaq trading today, shares of Apple Inc. (AAPL) rose $6.65, or 2.09%, to $324.34, a new all-time closing high. During trading today, Apple also reached a new all-time intraday high of $327.85.
Apple’s 52-week low stands at $151.70.
Apple currently has a market value of $1.422 trillion.
The top five U.S. publicly-traded companies, based on market value:
1. Apple (AAPL) – $1.422T
2. Microsoft (MSFT) – $1.282T
3. Alphabet (GOOGL) – $1.005T
4. Amazon (AMZN) – $921.191B
5. Facebook (FB) – $636.596B
Selected companies’ current market values:
• Berkshire Hathaway (BRKA) – $554.556B
• Walmart (WMT) – 328.801B
• Disney (DIS) – $245.624B
• Intel (INTC) – $283.693B
• Cisco (CSCO) – $199.598B
• Adobe (ADBE) – $171.514B
• Netflix (NFLX) – $150.390B
• IBM (IBM) – $121.943B
• SoftBank (SFTBF) – $87.683B
• Sony (SNE) – $87.236B
• Advanced Micro Devices (AMD) – $55.447B
• Dell (DELL) – $36.255B
• Hewlett-Packard (HPQ) – $31.142B
• Twitter (TWTR) – $26.109B
• Spotify (SPOT) – $24.717B
• Nokia (NOK) – $22.098B
• BlackBerry (BB) – $3.494B
• Fitbit (FIT) – $1.743B
• Sonos (SONO) – $1.539B
• RealNetworks (RNWK) – $51.843M
AAPL quote via NASDAQ here.
MacDailyNews Take: To the moon, Alice! To the moon!
I’m completely satisfied with Apple’s financial performance and I actually believe it may get better this year. I’m not saying the share price will rise as high as some are predicting, but I certainly don’t believe there will be any significant or permanent share price corrections this year due to Apple’s fault. Although, I can’t say anything about Coronavirus or the overall economy not messing with Apple’s share price.
If only Apple could figure out some way to sell more iPhones in India and not lose money. It just doesn’t seem possible to me.
My $35k of Apple stock is now worth over $150k (and that cost basis takes into account dividend reinvestment)