In Nasdaq trading today, shares of Apple Inc. (AAPL) rose $2.68, or 1.70%, to $160.55, a new all-time closing high. The stock today traded as high as $161.02, a new all-time intraday high.
Apple’s 52-week low stands at $112.59.
Today’s trading volume for AAPL shares was 111,823,351, well above Apple’s average trading volume of 75,349,103 shares. Apple’s PE Ratio currently stands at 28.62.
Apple currently has a market value of $2.643 trillion, making it the world’s most valuable company.
The top five U.S. publicly-traded companies, based on market value:
1. Apple (AAPL) – $2.634T
2. Microsoft (MSFT) – $2.576T
3. Alphabet (GOOGL) – $1.983T
4. Amazon (AMZN) – $1.865T
5. Tesla (TSLA) – $1.142T
Selected companies’ current market values:
• Facebook (FB) – $960.542B
• Taiwan Semi (TSM) – $644.474B
• Berkshire Hathaway (BRKA) – $626.834B
• Walmart (WMT) – $397.013B
• Adobe (ADBE) – $327.526B
• Netflix (NFLX) – $300.676B
• Disney (DIS) – $279.856B
• Cisco (CSCO) – $224.589B
• Intel (INTC) – $201.398B
• Advanced Micro Devices (AMD) – $187.675B
• Sony (SONY) – $156.016B
• IBM (IBM) – $104.036B
• SoftBank (SFTBF) – $105.749B
• Spotify (SPOT) – $49.747B
• Dell (DELL) – $42.074B
• Twitter (TWTR) – $38.749B
• Hewlett-Packard (HPQ) – $36.247B
• Nokia (NOK) – $32.793B
• SiriusXM (SIRI) – $24.757B
• BlackBerry (BB) – $5.920B
• Sonos (SONO) – $3.991B
• Liquidmetal (LQMT) – $81.660M
• RealNetworks (RNWK) – $57.970M
Apple all-time high (AAPL) via NASDAQ here.
MacDailyNews Take: Up, up, and away!
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So, is it time yet to shut Apple down and give the money back to the shareholders?
??? Why would us shareholders (that’d be me) want to shutdown the golden goose? Apple already returns much of its earnings to shareholders. They are one of if not the highest returning corporate entities via dividends and share buybacks. They repurchase 80 billion a year of stock while giving a dividend of about 3.8 billion quarterly. Apple has stated their goal is earnings neutral — meaning earnings go back to shareholders.
So I’m guessing you are neither a shareholder (if you were you wouldn’t be begging to close them down) and not an Apple product fan. Too bad, you’re missing out on 2 great things.
Not enough of an Apple buff to get the inside joke, eh? https://www.cultofmac.com/448147/today-apple-history-michael-dell-says-hed-shut-apple-refund-shareholders/amp/
Kind of strange that Apple stock seems to shoot up when there is nothing much happening in terms of immediate financial or technological announcements – and strangely goes down when the company reveals cutting-edge products or record-breaking financial results. Upside down phenomenon.
Because Wall Street dysfunctionally operates on the allure of the promise and sell when the promise gets delivered (buy the rumor sell the news).