Apple shares hit new all-time intraday and closing highs

In Nasdaq trading today, shares of Apple Inc. (AAPL) rose $4.89, or 2.80%, to $179.45, a new all-time closing high. The stock’s all-time intraday high was also set today at $179.63.

Apple shares hit new all-time intraday and closing highs

Apple’s 52-week low stands at $116.21.

Today’s trading volume for AAPL shares of 111,323,274 was well above Apple’s average trading volume of 84,530,382 shares. Apple’s PE Ratio currently stands at 31.99.

Apple currently has a market value of $2.944 trillion, making it the world’s most valuable company.

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

1. Apple (AAPL) – $2.944T
2. Microsoft (MSFT) – $2.572T
3. Alphabet (GOOGL) – $1.968T
4. Amazon (AMZN) – $1.747T
5. Tesla (TSLA) – $1.021T

Selected companies’ current market values:

• Facebook (FB) – $917.285B
• Berkshire Hathaway (BRKA) – $645.748B
• Taiwan Semi (TSM) – $617.662B
• Walmart (WMT) – $391.228B
• Adobe (ADBE) – $311.387B
• Disney (DIS) – $277.6295B
• Netflix (NFLX) – $270.936B
• Cisco (CSCO) – $249.893B
• Intel (INTC) – $205.750B
• Advanced Micro Devices (AMD) – $167.314B
• Sony (SONY) – $152.955B
• IBM (IBM) – $111.233B
• SoftBank (SFTBF) – $82.614B
• Spotify (SPOT) – $44.705B
• Dell (DELL) – $44.000B
• Hewlett-Packard (HPQ) – $41.998B
• Twitter (TWTR) – $36.422B
• Nokia (NOK) – $34.490B
• SiriusXM (SIRI) – $25.117B
• BlackBerry (BB) – $5.011B
• Sonos (SONO) – $3.862B
• Liquidmetal (LQMT) – $75.076M
• RealNetworks (RNWK) – $50.430M

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

MacDailyNews Take: And, yet, Apple remains markedly undervalued!

As Apple approaches a market value of $3 trillion, we remind:

Apple deserves to be worth considerably more than $2 trillion. The company remains significantly undervalued. — MacDailyNews, August 10, 2020

Trillion, schmillion. Over time, Apple will go much higher than that. The company is currently horribly undervalued.MacDailyNews, March 1, 2018

Interns: Tap that keg! Everyone, prost! 🍻🍻🍻

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  1. What’s freakishly weird is how Apple likely generates more revenue in a month than Tesla did in a whole year and yet Tesla is already worth slightly more than one-third of what Apple is worth. I never quite understand the valuations of companies. It must have to do with the growth factor.

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