In Nasdaq trading today, shares of Apple Inc. (AAPL) rose $3.82, or 0.83%, to $462.25, a new all-time closing high. Apple’s all-time intraday high stands at $464.35, set during trading on August 17, 2020.
Apple’s 52-week low stands at $201.00.
Today’s trading volume for AAPL shares was 25,598,582 versus Apple’s average trading volume of 36,667,309 shares. Apple’s PE Ratio currently stands at 35.06.
Apple currently has a market value of $1.976 trillion.
The top five U.S. publicly-traded companies, based on market value:
1. Apple (AAPL) – $1.976T
2. Amazon (AMZN) – $1.659T
3. Microsoft (MSFT) – $1.6009T
4. Alphabet (GOOGL) – $1.059T
5. Facebook (FB) – $747.359B
Selected companies’ current market values:
• Berkshire Hathaway (BRKA) – $515.535B
• Walmart (WMT) – $381.096B
• Tesla (TSLA) – $351.682B
• Disney (DIS) – $232.93B
• Netflix (NFLX) – $216.922B
• Adobe (ADBE) – $222.330B
• Intel (INTC) – $206.908B
• Cisco (CSCO) – $177.252B
• SoftBank (SFTBF) – $113.539B
• IBM (IBM) – $111.233B
• Sony (SNE) – $100.605B
• Advanced Micro Devices (AMD) – $95.874B
• Spotify (SPOT) – $48.104B
• Dell (DELL) – $44.464B
• Twitter (TWTR) – $29.820B
• Nokia (NOK) – $28.402B
• Hewlett-Packard (HPQ) – $26.097B
• BlackBerry (BB) – $2.654B
• Fitbit (FIT) – $1.718B
• Sonos (SONO) – $1.594B
• RealNetworks (RNWK) – $51.664M
Apple all-time high (AAPL) via NASDAQ here.
MacDailyNews Take: Inching ever closer to the $2 trillion milestone!
At this rate, I wouldn’t be surprised if Apple becomes the most valuable company in the world, or at least among the top 5.
Funny?
Does anyone recollect a company with a P/E close to 1000? I never saw any company with a P/E like Tesla’s P/E and it’s said to be reasonable.
I just have to laugh. Tesla and Apple announced their split on the same day and Tesla just freaking launched itself to the moon while Apple kinda just sat back in its couch. Tesla is more sought after than Apple. That just blows my mind.
I don’t really understand the stock market at all. Of course, Tesla is said to be worth twice as much as it currently is while Apple is said to be somewhat overvalued and already has unsustainable earnings. I’m not sure how Apple will ever get any respect. Apple better find a way to invent a battery that can last a week in an iPhone because Tesla seems to have all bases covered.
What bugs me is I can’t believe everyone will be buying Teslas if ICE cars become inexpensive. I don’t know anyone who’s considering buying a Tesla. Maybe its a regional thing for Tesla buyers. I always considered myself savvy when it comes to tech and I missed the stock buy of the decade. I just flat out never saw it although I was looking straight at it. Stupidity sucks.
Apple’s P/E @ 35 is okay. In the past it has been in the 10 range.
I’m happy with that because I believe it is sustainable. Tesla’s isn’t unless they really start making a profit.
Why would ICE cars become inexpensive? The technology has had over 120 years of continuous and thorough research. Nothing massively new has happened to them in decades. More likely is the opposite – the price of gas will keep slowly creeping up forever, while batteries and other electric power sources are getting less expensive.
Tesla is all smoke and mirrors, they have less than 5 years. Lack of sustainable profit will kill them.
Share the love Apple, don’t become what once held you back.
How many of the current Fortune 500 companies will even exist in 10 years?
Tesla, Uber, IBM will be history.
This story never grows old.
Listen, I want to know when 2T will be reached. I’ve been waiting and waiting and waiting. I’m tired of waiting, too.