Shares of Apple Inc. (AAPL) today closed above $110 for the first time. Shares of Apple moved up $0.58 on the day, or 0.53%, to close at $110.02 on volume of 22,060,192 shares.
Apple’s current market value is $94,823,487,500.
Apple’s previous closing high was set yesterday, May 17, at $109.44. The company’s all-time 52-week intraday high stands at $110.64, also set today.
Apple’s 52-week low stands at $50.16, set on July 14, 2006.
AAPL quote via NASDAQ here.
Apple’s having quite a May so far (bogus emails notwithstanding).
I LOVE this company!
Ai Caramba, here we go again, Have you created those slots I suggested?
Also pop in a few graphs please!:-)
Apple ate up the 4 billion Engadget fako story iPhone delay for a snack and is back on a roll.. bet against Apple at your own peril.
How’s Dell and Microsoft stock doing these days?
so, then at approximately $116.03 its market cap. will be a hundred billion.
mw: addition – no kidding!
@ twilightmoon :
MSFT is at $30.83 … and Michael’s company is at $26.02 –with a notation which reads ..“…DELL is delinquent in its regulatory filings…”
Dunno why, but theres something hilarious about that !
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MW=”over” … as in ..”ITS OVER for those two” …. How does MDN do that ?
APPLE ROCKS
“…DELL is delinquent in its regulatory filings…”
He might be getting ready to sell the company and give the money back to its shareholders.
I just looked at the “InfoQuotes” on nasdaq.com for aapl, msft, and dell.
Apple, at (approx) $94 billion market cap, has 861,875,000 outstanding shares.
Dell, at (approx) $60 billion market cap, has 2,271,614,000 outstanding shares.
And Microshaft is a monster. Market cap at (approx) 301 billion with 9,792,314,000 outstanding shares.
Who’s the better value?
This can’t possibly go HIGHER, can it?!?!
“Who’s the better value?”
If you mean from a value investing point of view, Microsoft is best value, then then Dell then Apple. Apple is overpriced today.
did someone say it can’t go higher?
stay tuned…. Leopard hasn’t even hit the market yet, and only the MacBook has been recently refreshed!
you ain’t seen nothin yet!
and to “Value”….
I wouldn’t want you to be my stock broker…. you haven’t a CLUE!
What defines “value” when you ask what is a better value?
AAPL is trading at a premium because it is showing so many signs of continued growth and revenue generation. Does that make it “over valued”? not to me.
I think that at it’s current levels, MSFT is overvalued and DELL is about right. Why? because MSFT has a dark future and DELL’s is just flat. AAPL on the other had has dominated digital music and that market is growing and it is about to join the top ranks of the cell phone industry in the next few years – that is a huge reason to buy NOW.
you have heard me say it before
this one goes much higher!!!!!!!!!!!!!!!!!!!!
look for a pullback ……… I am ( to buy more )
but smart money will continue to invest as most pepole do not understand the level at which apple rev. is going to expand.
we will start to see the first rounds of the original switch campain have its effect on the bottom line early next year .. this with new computers and software that will have more wow factor than we have seen in a long time.
mircosoft is so helpful you would think that Bill and Steve made this deal 30 years ago.
I am all in baby loving the ride!!!!!!!!
I once saw a graph, that had MS & Apple overlayed, any smart guys out there, maybe post a link, and would nice to see Dell as a third.
Hey there,
AAPL closed over $110.00, that is a major increase over yesterday and the memo snafu, that i doubt will get too publicized. If it does, look out, it could change e-mails in offices everywhere.
http://ThunkDifferent.com
I wish I had money to invest in stocks….boo-hoo
@ hotinplaya
Just go here:
http://finance.google.com/finance?q=AAPL
Just above the chart, click Compare, and you’ll find a checkbox for MSFT conveniently placed.
==========
I see no reason it can’t go a lot higher. A lot. The iPhone is going to be a new container for the Mac platform, but it’s also the dawn of a whole new UI paradigm, namely Multi-Touch. And Apple has it all sewn up. Think about what will follow… Macs, of course, probably notebooks first, dovetailing into real, useable tablets. Game systems of course, you KNOW they are coming. This will all tie into TV and media controls. I have no doubt that the iPhone or something very like it will be the worlds best universal remote because you’ll have access to all your networked media right in your hand. Connect wirelessly to the car stereo, navigation… shit, even diagnostics if they let let the manufacturers in on the fun.
This is just the beginning. =)
-c
AAPL market cap $95.16 B
DELL market cap $58.14 B
Apple should double Dell when the iPhone is released.
So, looking @ http://finance.google.com/finance?q=AAPL
Compare DELL, MSFT and AAPL over 5 years:
AAPL: up 779.80%
MSFT: up 10.05%
DELL: down 6.73%
Maybe Mike would like to sell Dell and give the money to the shareholders?
Well, I’m not selling my AAPL, but I’m a little nervous to buy more at the moment. A market cap almost 1/3 Microsoft’s? That’s a bit high- sure, Apple my continue to drive, but a lot of things still have to go right. I think a lot of the value is built into the stock price at this time.
I think ALL of these prognostications are a bit off.
According to my calculations, by 2008, AAPL market cap will be appr. $13 gazillion.
“MacDailyNews Take: Apple’s having quite a May so far”
and this May just be the beginning !
sry
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Macbill wrote: “This can’t possibly go HIGHER, can it?!?!”
of course it can, if the iPhone captures 10% of the market Apple is going to EXPLODE !
hotinplaya said “I once saw a graph, that had MS & Apple overlayed, any smart guys out there, maybe post a link, and would nice to see Dell as a third.”
here u are :
http://quotes.nasdaq.com/quote.dll?page=charting&mode=basics&intraday=off&timeframe=3y&charttype=ohlc&splits=off&earnings=off&movingaverage=50day&lowerstudy=volume&comparison=on&index;=&drilldown=off&symbol=AAPL&symbol=MSFT&symbol=DELL&symbol=HPQ&symbol=IBM&symbol=XRX&symbol=GTW&selected=AAPL
Wouhou !
best stock on nasdaq 3 years in a row, and not a result of speculation.
“Just go here:
http://finance.google.com/finance?q=AAPL
Just above the chart, click Compare, and you’ll find a checkbox for MSFT conveniently placed. “
So Apple’s done well over the last 3 years, but only the last 3 years. It’s still only catching up for being a laggard during the preceding years.
Apple up 3,200% since inception, Microsoft up 30,000%. Apple’s got a long way to go to catch up with how well Microsoft’s done as an investment since the 80’s.
“I think a lot of the value is built into the stock price at this time.”
You got it. A standard pattern with a stock is for it to start to do well, then people rush in late expecting the big gains to continue, not realizing that a lot of future performance is already priced into the stock. Usually they lack the financial sophistication to understand what drives stock prices.
It’s not a story unique to AAPL. It seems every “Dumb Money” investor has to buy a stock at this point in it’s growth at least once before they get a bit smarter.
“Apple should double Dell when the iPhone is released.”
That’s right, because iPhone is going to be a surprise product that nobody knows about, so couldn’t possibly already have affected the stock price.
Apple’s P/E is 33 compared to Dell’s or M$’s 21 or 22. Only 50 % higher, which is not much considering that Apple’s profits are going to be increasing even more than they are now.
Apple is at a premium– but the question is whether investors are willing to tolerate that premium and perhaps even let it grow. For now, the answer is yes. But people need to be careful– things can turn on a dime and fall very quickly.
iPhone is expected to be big and it will be– but “irrational exuberance” can still make things volatile and potentially dangerous for the faint-hearted.
I just keep asking myself if Apple is still a growth story and I believe it is. It also has some legs and should last for quite a while. But, big investors are very fickle and aren’t married to their stocks– at some point, the big boys may pull out. Watch for it and don’t get burned.
“Apple up 3,200% since inception, Microsoft up 30,000%. Apple’s got a long way to go to catch up with how well Microsoft’s done as an investment since the 80’s.”
Uh, yeah that’s kinda the point, hon. That’s called “growth potential.” I for one hope Apple spends the next few years growing by a factor of 10 to ‘catch up’.
Funny how that works ;P
Morning, Chrissy.
To the influence on AAPL on iPhone and iPod growth, Mac growth has to be added.
I’m convinced that after the new Mac models, together with Tiger, are released, Mac sales are going to exceed even the most optimistic predictions.
My prediction:- by January 2008, APPL will be somewhere between $160 and $200.
sh*t! I meant AAPL.
Toby:
Tiger = Leopard
APPL = AAPL
Just sayin’.
um…,
yeah, I was just going to correct it yet again, but you beat me to it.
But seriously here in Berlin, a small corner of Europe as far as Apple goes, I’m seeing an increasing awareness of Macs.
Three years ago, I used to be the only Mac user at work (30 employees); now there are four of us!
Actually, I know of four recent switchers. Just video chatted with one for the first time a minute ago. They all love them. I’ve been showing them some of OS X’s little niceties and they’re pleasantly surprised. I think this year really is going to be historic in terms of sales.
Tipping Point ®, here we come!
“Uh, yeah that’s kinda the point, hon. That’s called “growth potential.”
Price in already sweetie.
“Price in already sweetie.”
hmmm…. glad I ignored that wisdom (when I bought at $35).
“glad I ignored that wisdom (when I bought at $35).”
So at $35 you think the same amount of growth was priced in as is at $110? By definition it wasn’t.