In Nasdaq trading today, shares of Apple Inc. (AAPL) rose $12.64 to $327.50 to hit a new all-time closing high. Apple’s all-time intraday high was also set today at $328.72.
Apple’s 52-week low stands at $201.50.
Today’s trading volume for AAPL shares was 58,741,821 versus Apple’s average trading volume of 54,375,570 shares.
Apple’s PE Ratio currently stands at 39.70.
Apple currently has a market value of $4.810 trillion, making it the world’s second-most valuable company.
The top five U.S. publicly-traded companies, based on market value:
- NVIDIA (NVDA) – $5.147T
- Apple (AAPL) – $4.810T
- Alphabet (GOOGL) – $4.526T
- Microsoft (MSFT) – $2.939T
- Amazon (AMZN) – $2.743T
Selected companies’ current market values:
• Taiwan Semi (TSM): $2.195T
• Meta Platforms (META): $1.667T
• Tesla (TSLA): $1.483T
• Berkshire Hathaway (BRK-A): $1.073T
• Walmart (WMT): $913.03B
• Advanced Micro Devices (AMD): $871.377B
• Intel (INTC): $518.281B
• Cisco (CSCO): $469.977B
• IBM (IBM): $273.502B
• Dell (DELL): $275.78B
• Netflix (NFLX): $310.925B
• SoftBank (SFTBF): $218.098B
• Disney (DIS): $166.688B
• Sony (SONY): $122.34B
• Spotify (SPOT): $99.839B
• Adobe (ADBE): $91.669B
• Nokia (NOK): $65.958B
• Hewlett-Packard (HPQ): $22.653B
• SiriusXM (SIRI): $10.487B
• BlackBerry (BB): $6.286B
• Sonos (SONO): ~$1.98B
• Liquidmetal (LQMT): ~$0.135B
• 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.
MacDailyNews Take: Gaudy (yet still woefully undervalued)! To the moon, Alice. To the moon!
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The PE is into froth now. People must be getting frightened about AI collapse and running to a “safe harbor” in apple.
From what I’ve heard, it’s a matter of monetization. AAPL is in a very unique and desirable position where LLM’s are potentially limited w/ proprietary systems and potential/likely govt regs. Hyper-scalers provide tech speeds/feeds…yet with a massive outlay of $$.
AAPL, to a great extent, sidesteps the same massive spending, but has a concrete offering to the consumer, that’s yet to materialize. Making Siri fluent with the AI realm (something already built–with major reprograming) combined with AAPL’s arsenal of mature/capable/deep set of tools to maximize…bodes well. Siri largely holds the key and, despite my doubt, it seems the yrs of dum-dum are in the rear-view.
Jordi Visser (youtube channel and a frequent guest on numerous podcasts) is very attuned to AI developments. I’ve never heard him mention AAPL (except when the mini was flying off the shelves) and when he recently noted AAPL’s very unique AI perch (Pomp Podcast) and he expected the value to emerge clearly later in the yr. He’s never hyperbolic, nor w/o sturdy reasoning.