Apple shares hit new all-time intraday and closing highs

In Nasdaq trading today, shares of Apple Inc. (AAPL) rose $10.27, or 2.22%, to $473.10, a new all-time closing high. During trading today, Apple also reached a new all-time intraday high of $473.56.

Image: Apple logoApple’s 52-week low stands at $201.00.

Today’s trading volume for AAPL shares was 30,804,346 versus Apple’s average trading volume of 36,721,723 shares. Apple’s PE Ratio currently stands at 35.88.

Apple currently has a market value of $2.023 trillion, making it the world’s most valuable company.

The top five U.S. publicly-traded companies, based on market value:

1. Apple (AAPL) – $2.023T
2. Amazon (AMZN) – $1.652T
3. Microsoft (MSFT) – $1.624T
4. Alphabet (GOOGL) – $1.073T
5. Facebook (FB) – $766.361B

Selected companies’ current market values:

• Berkshire Hathaway (BRKA) – $510.986B
• Tesla (TSLA) – $373.065B
• Walmart (WMT) – $369.768B
• Disney (DIS) – $231.475B
• Adobe (ADBE) – $229.510B
• Netflix (NFLX) – $219.581B
• Intel (INTC) – $209.12B
• Cisco (CSCO) – $178.646B
• SoftBank (SFTBF) – $113.408B
• IBM (IBM) – $109.676B
• Sony (SNE) – $96.899B
• Advanced Micro Devices (AMD) – $97.177B
• Spotify (SPOT) – $50.438B
• Dell (DELL) – $44.179B
• Twitter (TWTR) – $30.815B
• Nokia (NOK) – $28.502B
• Hewlett-Packard (HPQ) – $25.939B
• BlackBerry (BB) – $2.704B
• Fitbit (FIT) – $1.713B
• Sonos (SONO) – $1.550B
• RealNetworks (RNWK) – $50.134M

Apple all-time high (AAPL) via NASDAQ here.

MacDailyNews Take: To infinity and beyond!

22 Comments

      1. after the split AAPL adjusted price is 118 which is physiological better than 473. And 200 is “better” than 800. Of course its all the same in actual valuation.

        Apple’s P/E 36, Amazon P/E 126 and Tesla has a jaw dropping P/E of 1,036 so maybe its very possible for apple to break 200 after the split especially since Apple will be growing their earnings. At current price 800 seems far away but after the split a rush of new money will enter the stock (in theory)

        But I hear you; I don’t think anyone expected the stock to run up this fast.

    1. I want to congratulate Cook for a job well done as the SUPREME beancounter CEO of all time!

      Certainly raising prices on various products and eliminating valuable features to save money on production costs was a factor.

      Back handed compliment, I know, for an uncreative CEO that needs to go and living on past pipelines…

      1. Would that be like the guy who has claimed more than 150 times that he passed the first choice bill for veterans’ medical care when the law was actually signed by his predecessor? Some folks find it irresistible to take credit for the work of others. Tim Cook is not one of them.

        1. TxUseless, right on queue Número Uno DEFENDER of human rights and SJW HYPOCRITE Cook.

          As well as DEFLECTION SPECIALIST noted by his useless post, so easy to IGNORE.

          If all Apple is about these days is making money, then Tim needs to be replaced A.S.A.P. because he is NOT a creative genius CEO, just a milquetoast politically correct beancounter, sorry.

          It is what it is…

          1. No, 176,000 American deaths is what it is. Taking credit for somebody else’s work and dismissing human loss is what HE is.

            Tim Cook’s role model is Steve Jobs. Your guy’s role models are the guys who said that “if you repeat a big enough lie often enough, people will start to believe it” and “one death is a tragedy; a million deaths is a statistic.”

  1. Who was the analyst years ago who was so bullish on Apple that everyone thought he was crazy? Then the stock tanked HARD five or six years ago and he (and tons of his followers) lost BIG and he went into hiding. I don’t think I’ve heard of him since but he’s been proven right in the long haul so far. I wanna say Seeking Alpha but I don’t think that’s right.

    1. Brian White was one and I’m pretty sure he was the guy that “went into hiding”. He had AAPL $1100/share in 2012, when the share price was $700-ish. There was another guy that was in the same ballpark, but can’t remember his name. They were both thought of as a bit looney…Brian less-so.

      Gene Muenster wasn’t as high, but he was up there.

      It was about that time there were imaginations that AAPL would be the 1st co. to hit 1Trillion.

  2. The only thing more shocking than Apple’s market cap being 20x that of IBM, is to see that Adobe’s market cap is 2x IBM.

    At this point Apple could buy Netflix or Disney without breaking a sweat… Buy IBM or Intel just to hedge their organic chip or enterprise growth pocket change… Or buy Twitter for pocket change.

    Not that these make much sense now. Disney would be a cool buy for a few key film franchises, but in television Apple TV is now producing better content than Disney, and Disney’s bricks-and-morter businesses seems like boat anchors.

      1. wow to have a time machine and go back to 1999 and make predictions about the future of Apple in 20 years and people would think I’m bat shit crazy. I think Steve would even think this reality is insane.

        Whats crazy is Apple is pulling ahead of the pack. Apple has no real competition when it comes the complete ecosystem of hardware and software. And Apple silicon will make the difference even greater. Throw in wearables and AR glasses… Can anyone in the next 5-10 years have a chance at challenging Apple.

        I know it sounds crazy but Apple could hit 4 trillion in 2-4 years. 4 Trillion would be around 228/share after the split.

    1. Pixar, and Marvel are the only things worth buying at Disney and Apple wasn’t thinking ahead at the time (Jobs selling Pixar out to Disney probably had something to do with it), both are not worth buying now, but a in house comic-book reader program and maybe looking at some of small comicbook companies as a side project wouldn’t be bad thing to do.

  3. Having “survived” the 2001 crash and the 2008 crash, I know that in 2021 we will see the debris from the current car wreck of an economy . . . I remember in January 2008 my Aunt bought a new home for $800,000. In 2009, her 2 neighbors sold their homes for $400,000 (same model home), putting her underwater . . . Today, for the millions who have failed on their rent and mortgage payments, there will probably be a whole generation of people with a ZERO credit rating walking around . . . It’s kind of difficult to have an economy based on consumption, when the consumers have no money and no access to credit.

    1. Well, as is typical with the stock market, you can expect a price crash at the beginning of October. It’ll probably stay low through the election. Then lag through January (and start to steadily rise thereafter) if Biden is elected or bump in November then crash in January if Trump is re-elected. Who knows if AAPL will track the market or not during this bump.

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