In Nasdaq trading today, shares of Apple Inc. (AAPL) rose $5.90 to $293.32 to hit a new all-time closing high. Apple today also set a new all-time intraday high of $294.76.
Apple’s 52-week low stands at $193.46.
Today’s trading volume for AAPL shares was 45,708,423 versus Apple’s average trading volume of 44,251,414 shares.
Apple’s PE Ratio currently stands at 35.55.
Apple currently has a market value of $4.308 trillion, making it the world’s third-most valuable company.
The top five U.S. publicly-traded companies, based on market value:
- NVIDIA (NVDA) – $5.230T
- Alphabet (GOOGL) – $4.856T
- Apple (AAPL) – $4.223T
- Microsoft (MSFT) – $3.084T
- Amazon (AMZN) – $2.933T
Selected companies’ current market values:
• Taiwan Semi (TSM) – $2.135T
• Tesla (TSLA) – $1.609T
• Meta Platforms (META) – $1.547T
• Walmart (WMT) – $1.040B
• Berkshire Hathaway (BRK-A) – $1.032T
• Advanced Micro Devices (AMD) – $742.233B
• Intel (INTC) – $627.848B
• Cisco (CSCO) – $381.441B
• Netflix (NFLX) – $368.403B
• SoftBank (SFTBF) – $228.919B
• IBM (IBM) – $215.948B
• Disney (DIS) – $187.578B
• Dell (DELL) – $169.348B
• Sony (SONY) – $119.044B
• Adobe (ADBE) – $102.279B
• Spotify (SPOT) – $85.914B
• Nokia (NOK) – $71.568B
• Hewlett-Packard (HPQ) – $20.820B
• SiriusXM (SIRI) – $9.122B
• BlackBerry (BB) – $3.745B
• Sonos (SONO) – $1.794B
• RealNetworks (RNWK) was delisted from U.S. exchanges on December 21, 2022 and is no longer publicly traded.🍩
Apple all-time high (AAPL) via NASDAQ here.
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what’s interesting is the 1T difference between apple and Nvidia, and the 1T difference between Apple and Microsoft.
Considering how much Wall Street favors hyperscaler companies, Alphabet will soon be $1T above Apple. Alphabet has spent so much money on infrastructure, and yet already it’s worth so much more than Apple. Has Alphabet already made back all the money it spent? Are businesses and consumers actually paying that much to use Google’s A.I. servers in such a short amount of time? $91B in capex for 2025 and possibly $190B in capex for 2026 for Alphabet. That’s an awful lot of money. Apple has been spending almost nothing on capex, so I suppose investors simply don’t like skinflint companies. Being an efficiently spending company isn’t paying back as well as the companies just throwing money around for everything A.I.
I honestly have to wonder if Apple didn’t realize A.I. would be such a moneymaker, or was Apple simply not interested in A.I. Most top companies wouldn’t be unaware of the biggest thing in tech for a decade happening. Was there no one at Apple that saw this happening? I just find it so strange. I’m not complaining. I’m just curious.
I hate the idea of A.I. data centers all over the U.S./Europe/Asia just sucking up power and water, so I’m happy with Apple’s decision of using mostly on-device A.I. It might not pay as well, but it’s probably better for the ecology.