Apple shares hit new all-time closing high

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.

26 Comments

  1. “”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

  2. 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.

  3. 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?

  4. 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.

  5. 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)

  6. Never heard of “buy low, sell high”? ” width=”19″ height=”19″ alt=”grin” style=”border:0;” />

    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.

  7. 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.

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