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Fri, Aug 29, 2008 - 03:27 PM EDT  —  AAPL: 170.14 (-3.60, -2.07%)  |  NASDAQ: 2373.41 (-38.23, -1.59%)

Apple shares hit new all-time closing high
Friday, December 07, 2007 - 04:15 PM EDT

Shares of Apple Inc. today rose $4.3472, or 2.29% to close at $194.30 on volume of 37,711,719 shares to set a new all-time closing high. (And pass Cisco in market value. iPhone, bitch!)

Apple's previous closing high was $191.79, set on November 06, 2007. Apple's previous all-time high (intraday) of $192.68 was set on November 7, 2007. Apple's 52-week low stands at $76.77, set on December 27, 2006. Apple's Day High (and new all-time intraday high) was $194.99 and the Day Low was $188.04.

At market close, Apple's market value stands at $170,117,422,000.

For reference, some selected current market values:
• Microsoft (MSFT) - $323,043,274,140
• Google (GOOG) - $223,640,645,670
Apple (AAPL) - $170,117,422,000
• Cisco (CSCO) - $166,538,244,150
• Intel (INTC) - $162,137,310,000
• Nokia (NOK) - $155,414,553,580
• IBM (IBM) - $150,004,181,300
• Hewlett-Packard (HPQ) - $133,646,734,080
• Disney (DIS) - $62,415,273,150
• Research In Motion (RIMM) - $58,025,343,000
• Dell (DELL) - $56,052,659,220
• Sony (SNE) - $53,389,636,770
• Amazon (AMZN) - $39,155,342,870
• Motorola (MOT) - $37,234,432,300
• Yahoo! (YHOO) - $34,253,059,720
• Adobe (ADBE) - $25,458,973,560
• RealNetworks (RNWK) - $897,886,020
• Napster (NAPS) - $109,032,000

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 74% since Goldman's "sell" recommendation.

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Reader Feedback: ( = registered)

Dec 07, 07 - 05:18 pm Comment from: AAPL

I CAN GET HIGHER

MUCH MUCH HIGHER

Dec 07, 07 - 05:20 pm Comment from: Ampar

BOOM! That works.

Dec 07, 07 - 05:21 pm Comment from: Jubei

""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 74% since Goldman's "sell" recommendation."

This will never get old. I say everyone add this to your email signatures... LOL

Dec 07, 07 - 05:22 pm Comment from: DogGone

I bought in at ~75. So just another $20 and it will have tripled in ~ 2 yrs.

Looks like the stock will climb up for a while. We hit the last low a few weeks back. Hopefully this will continue til the next quarterly report or MW2008.

Dec 07, 07 - 05:24 pm Comment from: Predrag

It took us exactly one month to break through the ceiling again. While I don't see the link to MDN article from 7 November, I fondly remember the obligatory Laura Goldman quote, together with the list of market caps. Back then, Cisco was still ahead. Today, however, picture is even better - just two more big companies in our way. Some day soon, I'm sure.

And to think that Apple is worth as Sony, Disney and Dell combined! Blows one's mind, doesn't it?

Dec 07, 07 - 05:28 pm Comment from: @DogGone

I Bought @ $22 before the last split - Looking pretty sweet

Dec 07, 07 - 05:32 pm Comment from: Ampar

AAPL only needs $152,925,852,141 more. Slightly less than a Nokia.

Dec 07, 07 - 05:33 pm Comment from: Apple should team-up with gas stations and McDonal

to provide WiFi free everywhere on the road. Am sure Shell etc would love to have a competitive edge by signing up with Apple.
i would definitely stop at the gas station that has WiFi.

Dec 07, 07 - 05:34 pm Comment from: January 24, 1984

I don't see Laura contributing here.....

She's probably at the bank borrowing to cover those shorts. Or back working the street.

Wall Street, that is.

Dec 07, 07 - 05:34 pm Comment from: FakeArthurDent

AAPL now over the half way mark to MSFT's market cap. 49% to go!

bot at 14, btw.

Dec 07, 07 - 05:50 pm Comment from: Towelie

All I wanna do is get high.
Just let me get high.

Dec 07, 07 - 06:00 pm Comment from: Lurker_PC

I missed that headline - glad to see it back!

Anyone know why AAPL did so well today? The NASDAQ is down 2.87 and the DJIA is up only 5.69 so it is not due to a market rally.

Thanks. Peace.

Dec 07, 07 - 06:07 pm Comment from: Ampar

From Forbes:
NEW YORK - A Bear Stearns analyst raised his price target on Apple Inc. late Wednesday, citing strong sales expectations for the holiday season of the company's computers and iPods.

Analyst Andrew J. Neff raised his price target to $249 from $243 with an "Outperform" or "Buy" rating. Neff's price target is the second-highest on Wall Street out of analysts who report to Thomson Financial.

$249 ! ! ! Yeah, baby.

Dec 07, 07 - 06:25 pm Comment from: Drunk Cheney

And to think, this is at below 10% market share too (as far as I know). On Macs anyway. There is a HUGE amount of market available for Apple - in all of its products.

Sweet.

Dec 07, 07 - 06:32 pm Comment from: Lurker_PC

Thanks Ampar.

Dec 07, 07 - 06:37 pm Comment from: Buster

Time to dump Apple stocks and invest in Palm.

Dec 07, 07 - 06:44 pm Comment from: VeriZune

@Buster: yea sure invest in Palm coz that thing looks like its about to take off

to the ditch, that is.

Dec 07, 07 - 07:52 pm Comment from: dave

Believe it or not, i finally figured out what what people are talking about when they refer to "MDN Magic Word"

Where was I . . . oh yeah . . . AAPL's going to $600.

(sent from my iPhone from Guam)

Dec 07, 07 - 09:36 pm Comment from: John

My friend (ex-windows user ... nobody is perfect smile ) has just thrown away his Dell for a new Macbook Pro. And still he wants now some AAPLs smile

Dec 07, 07 - 11:05 pm Comment from: Buster

Never heard of "buy low, sell high"? grin

Apple is at all time high, Palm headed for all time low.

Buy Palm now, and wait for the big turn-around when they announce their iPhone killer.

Dec 08, 07 - 02:34 am Comment from: Mel Gross

At least MDN finally stopped using "—again" at the end of the headline.

I hope it stays that way.

Dec 08, 07 - 02:39 am Comment from: MacSheikh

Palm is dead. They just don't know it yet. Average quality products run by a dead-and-buried OS. And i'm not even talking about their Windows-based products. They gave up on us Mac users a long time ago. "Buy low, sell high"? Not if the only way they're going is down.

I wish i can get an iPhone (legally) NOW. Then i can finally toss by Treo into the trash. Hurry up Steve, Asia awaits!

Ok,now i'm depressed.

Dec 08, 07 - 07:54 am Comment from: ken1w

> Apple shares hit new all-time closing high

It's good to see that headline once again. It's return was faster than even I expected, considering the recent drop.

Dec 08, 07 - 10:21 am Comment from: spyinthesky

'... Or back working the street.
Wall Street, that is.'

I think that you were right the first time I doubt that she got to where she is on talent.

Dec 09, 07 - 02:27 am Comment from: gambler

Go "all in" on AAPL.

Sell your mutual funds, mortgage your house, go all in on AAPL.

AAPL is going to $250 in the first quarter of 2008.

Dec 11, 07 - 03:09 pm Comment from: Thisson

MDN, why do you keep quoting Goldman? It's not like she's a real analyst covering AAPL. I googled her and it looks like she's some debarred stockbroker working out of her Tel Aviv apartment. There are plenty of other n00b analysts to quote!

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