Shares of Apple Inc. today opened up $13.64, or 7.82% at $188.00 to set a new all-time intraday high and pass the market values of both IBM and Intel.
Apple’s market value currently stands at $163,814,662,910.
For reference, some selected current market values:
• Microsoft (MSFT) – $290,326,101,760
• Google (GOOG) – $206,137,075,350
• Apple (AAPL) – $163,814,662,910
• Intel (INTC) – $156,278,400,000
• IBM (IBM) – $154,610,255,550
• Hewlett-Packard (HPQ) – $133,260,024,780
• Disney (DIS) – $67,680,019,880
• Dell (DELL) – $64,241,243,920
• Sony (SNE) – $45,994,645,800
• Yahoo! (YHOO) – $40,641,873,724
• Amazon (AMZN) – $39,037,267,570
• Adobe (ADBE) – $27,031,152,680
• RealNetworks (RNWK) – $998,960,040
• Napster (NAPS) – $152,192,000
AAPL quote via NASDAQ here.
MacDailyNews Note: “I am putting a sell on Apple, the company that created the iPhone,” Laura Goldman, investment advisor, LSG Capital, May 21, 2007. AAPL closed at $111.98 that day. Apple has risen 67.9% since Goldman’s “sell” recommendation.
Wow! Google and Microsoft are next
Apple now worth more than IBM and Intel
OK folks
A raise of hands who thinks Apple is ripe for a stock price adjustment down to something a bit more realistic?
I predict a downturn to more realistic levels AFTER the holiday buying season. Along with a US recession.
Hey, stock can\’t be doing this, it\’s rising on speculation, not real value. A adjustment is coming. Just don\’t be holding the bag when it happens.
Take some profit that you need and gamble with what you can lose.
Where is about Cisco on the list?
Where is GM on that list?
Stock Guy, I agree. It will come down a bit eventually, although, your thoughts on a recession look unlikely in the near term
Stock Guy:
I agree, but I keep on divesting my portfolio and end up wishing I had not.
Just remember, Apple has huge costs.
So many high priced Apple Stores with lots of employees which Dell doesn\’t.
Then they are selling much less hardware than Dell and HP per quarter.
So that leaves small devices, like iPods, which will sell well for the holidays but after than NOTHING.
Sure the 15 billion in cash is helping keep the stock price above average, but more than Intel? Getting close to the two giants Microsoft and Google?
Something is wrong here, it\’s all speculative and a adjustment downward is going to happen.
Remember stock is only worth as much as someone is going to pay for it.
Don\’t get caught with your pants down is all I have to say.
I believe Stock Guy is correct. Speculators can ruin your day. Be careful, folks!
I’m proud to own a part of that.
@sly
“Where is about Cisco on the list?”
Where did you learn English? … Alabama? New Jersey? Try again.
Cisco has a market value of 191.15 billion dollars.
Sorry Stock Guy, but did you read the results?
Apple’s cash pile has nothing to do with it. The stock is reasonably valued and there is little to suggest that there are any competitors to match Apple in ANY of it’s product lines, be it computers, software, servers, OS, MP3 players, mobile phones.
Take a bearish line if you want. But short of a major systemic failure or recession, Apple is set to go.
For once the speculation does appear to be built on something. The “iPod halo” appears to be bearing one hell of a harvest. The huge increase in Mac numbers still has momentum.
I reckon it’ll go above $200 before topping out.
Stock Guy, while your conclusions may very well come true, but not because of the reasons you have provided. Just keep saying it will go down though because even a broken clock is right twice a day, then when it does drop for some reason, even if that has nothing directly to do with Apple, you can look like some sort of genius.
Then again, the “Sell Sell Sell guy was in here over a year ago telling everyone to sell it at $50.
Forget Google… I live for the day when Apple is worth more than Microsoft. muhahahahahahahahahahaha
There, I am all better now.
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Pretty amazing!!!!! Even if the stock would drop back in the next 2-3-4 months, we can all agree that Steve Jobs and his people at Apple have done a INCREDIBLE job in the past 5 years. Congrats to all of them. I’m really pround to be in the Apple user.
Hey stock guy, what are your thoughts on google?
LOL Stock Guy, I hope you were kidding….with a market share continuing to grow, an innovative OS release days away, and the hottest cell phone and MP3 players on the market, tons of cash in the bank, wth makes you think that’s overvalued? I’m not a blind optimist, but I don’t see any negatives coming. Apple is staying ahead of the competion and is not making any major blunders, so I see no reason for a significant “adjustment”.
I am long AAPL, but have concerns like ‘Stock Guy’ mentioned. Just because the market cap values it at 163B, doesn’t mean it’s WORTH that much. There is a great amount expectation of growth rolled into that number which the others don’t necessarily have. I’d love to see supporting evidence comparing it to sales/revenue/PE of each of the other companies.
Unfortunately I don’t think that will paint such a favorable picture.
AAPL is a long term success story…there is money to be made in the wide fluctuations but long term it’s a solid company making money with solid product lines, margins and good accounting.
Adjustments will happen (ie $111-112 in late August) and those are buying opportunities cause long term the company is strong.
Stock Guy, I hope you are joking when comparing Dell and Apple just in sales. Remember that Dell has thin margins. That’s the same issue that has sunk many computer companies in recent years. Apple’s margins are much better, so although they sell less units than Dell, they make more per unit. Also, Dell sells hardware – that’s it. Apple sells much more. They are a much more diversified company than Dell.
You may be right – AAPL may be ripe for a pullback. But it’s not for the reasons you cite. It will be more due to profit taking than anything else.
Apple isn’t worth anything. For all the money you smug MAC lemmings lay out for your computers you sure don’t get much. MACs can’t play games or run Zune Marketplace.
Your potential. Our passion.™
@ CheekyGit,
Do you have a problem with Alabama?
You sound like a soppy c*nt you muppet! Jog on son…
@MDN. ” “I am putting a sell on Apple, the company that created the iPhone,” Laura Goldman,” —-
” width=”19″ height=”19″ alt=”grin” style=”border:0;” /> Sorry but it just gets funnier everytime I hear it. LOL
@Stock guy. Troll.
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“So many high priced Apple Stores with lots of employees which Dell doesn\’t.” —– All of which are making lots and lots of money. Troll.
“Then they are selling much less hardware than Dell and HP per quarter.” —— But its all making much more profit per unit than Dells and HP and none of the loss leader stuff. Troll.
I just love these weak trolls. THeir comments are so unsupported that even a stock market dweeb like me can see right thru it. LOL
Go apple go.
en
snip”…
The Company sold 10,200,000 iPods during the quarter, representing 17 percent growth over the year-ago quarter.
“… snip.
WTF are you talking about stock guy? That was just reported. Christmas isn’t here yet. That doesn’t include the iPhones sold.
Well, I have most of my Roth IRA in AAPL, but I have over 20 years before I touch it. With my long-term horizon, and my belief that Apple still has huge upside, I plan to hold and even add to my holdings for awhile. A few dips caused by speculators just creates those opportunities to add. But the warnings are useful, as today is likely not the best day to buy.
Right now, the biggest risk to AAPL is if Jobs should no longer be CEO. That would cause a huge drop in AAPL, even though Apple business would still be firing on all cylinders for a good 2 to 3 quarters after. But AAPL would not fully recover from that immediate drop for a long, long, long time even if the quarterly results are good.