Shares of Apple Inc. today rose $0.15, or 0.08% to close at $198.95 on volume of 25,112,003 shares to set a new all-time closing high. Apple also hit a new all-time intraday high today at $200.96.
Apple’s previous closing high was $198.80, set on December 24, 2007. Apple’s previous all-time high (intraday) of $200.00 was set on December 14, 2007. Apple’s 52-week low stands at $76.77, set on December 27, 2006.
At market close, Apple’s market value stands at $174,188,683,000.
For reference, some selected current market values:
• Microsoft (MSFT) – $342,502,585,180
• Google (GOOG) – $222,379,896,440
• Apple (AAPL) – $174,188,683,000
• Cisco (CSCO) – $172,180,523,460
• Intel (INTC) – $160,500,150,000
• IBM (IBM) – $153,724,659,800
• Nokia (NOK) – $152,777,740,440
• Hewlett-Packard (HPQ) – $135,823,067,130
• Research In Motion (RIMM) – $66,725,340,000
• Disney (DIS) – $63,271,841,400
• Dell (DELL) – $62,472,377,700
• Sony (SNE) – $56,117,794,050
• Amazon (AMZN) – $38,549,184,450
• Motorola (MOT) – $37,828,355,760
• Yahoo! (YHOO) – $32,021,198,240
• Adobe (ADBE) – $24,741,738,560
• RealNetworks (RNWK) – $928,396,710
• Palm (PALM) – $706,490,020
• Napster (NAPS) – $90,090,000
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 $111.98 that day. Apple has risen 78% since Goldman’s “sell” recommendation.
[UPDATE: 8:59pm EDT: Added PALM to the list.]
Can it double in one more year to reach MSFT’s market cap?
Answer hazy, ask again later.
Hi, Laura.
With a good report, plus tasty new products in the pipe, then… next stop: Google in the sights
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MDN should hold a contest on when AAPL surpasses MSFT in market value at the close of the trading day.
Only registered users can play. The winning prize can be anything that MDN can think of.
“The winning prize can be anything that MDN can think of.”
A box of blended Zunes?
Fire the b@tch!!
¡iPhone perra!
Or maybe that should be: ¡ífono perra!
Translation anyone?
Wow, I can sell and get myself a nice BMW M3
“double in one more year”-
Wow, that sounds awesome. It did and it has so why not!
I think AAPL will pass MSFT by the end of 2008. It seems to me like Apple Inc. is really just starting to grow considering it is just now getting into phones and only recently got into MP3 players. The Mac computer line is just starting to take off in a big way. M$ is really just ‘holding their own’ at best. For a long time M$ has not been growing in any significant was.
Don’t forget that Apple and MS have mostly competing products, so as one gains market share the other must lose market share. As Apple rises, MS must fall as they lose a customer for life.
@HolyMackerel
Competing products?
vista-Leopard
zune-iPod
word-Pages
A little work to do but not much.
Not sure if the link will work correctly, but if M$ fails to grow very much, I predict 2009/10.
http://finance.yahoo.com/charts#chart3:symbol=aapl;range=my;compare=msft;charttype=line;crosshair=on;logscale=on;source=undefined
Just because I love a train wreck, MDN should add Palm to the above market cap list (they’d be right between the tech super-giants Real and Napster at $706.49 million).
What’s kinda cool is that Apple is still a small company if you look at the total # of employees-
RIMM 6000
Google- 16000
Apple- 21000
Cisco- 61500
Micro$oft- 79000
Dell- 83000 (how does Dell justify this many Emp, services?)
Disney 137000
HP 172000 (wow)
GM- 273000 Mkt Cap 15B
Toyota- 309800 Mkt Cap 173.3B
IBM- 355700 (can this be right?)
“As Apple rises, MS must fall as they lose a customer for life.”
{burns}
Excellent.
{/burns}
I hit an all-time high with ChrissyOne once.
Once.
@ChrissyOne, yes Apple can get to MS’s market cap in one year. Apple is developing revenue streams that will blow away even the bullish analysts.
To the young guys making some money on AAPL from an old fart: do not piss away your gains on luxury baubles by cashing in your AAPL stock. Let it double and redouble and then spend a relatively small slice on living well. Apple is a gold mine. Do not sell the gold mine that has lots more riches still to be mined.
> Don’t forget that Apple and MS have mostly competing products
@HolyMackerel
Actually, Microsoft and Apple do NOT compete directly in most areas. Microsoft profits mostly from software sales. Apple profits mostly from hardware sales. Apple competes directly with other hardware makers, such as HP and Dell on the PC side of the business. Sure, Apple sells Mac OS X, iWork, and other software in a shrink-wrapped box, but that is a relatively small part of the business, like Zune is a small part of the business for Microsoft.
So Microsoft and Apple are not in direct competition, and the rise of Apple will not mean the fall of Microsoft. It appears Microsoft is doing an excellent job of orchestrating its own demise, based on Windows Vista. But during the next few years, Apple will probably still have to double its current share price to match Microsoft’s market cap.
The huge and expanding markets of India and China put a lie to the ‘one more for Apple, one less for MS’ theory.
In these countries Windows and Office dominate almost totally and the computer market (i.e. Windows PC market) is expanding fast.
I’m afraid that it’s more like ‘one more for Apple, two more for MS’.
why does NASDAQ agree with the stock values listed here, except for Google? They show Google less than Apple at $ 167,397,844,120. Following link lists some of the companies:
http://quotes.nasdaq.com/quote.dll?mode=stock&page=multi&symbol=AAPL&symbol=GOOG&symbol=CSCO&symbol=INTC&symbol=IBM&symbol=HPQ&symbol=MSFT&symbol;=&symbol;=&symbol;=&symbol;=&symbol;=&symbol;=&symbol;=&symbol;=&symbol;=&symbol;=&symbol;=&symbol;=&symbol;=&symbol;=&symbol;=&symbol;=&symbol;=&symbol;=&symbol;=&selected=AAPL&FormType;=&kind;=&Leap;=&mkttype;=&sel=multi&userinput;=&x=19&y=6
Hello Miko! I love you!
You said “Can it double in one more year to reach MSFT’s market cap?”
Actually as Microsoft slides down to the abyss and Apple climbs up to the stars they should wave at each other in passing.
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en
” . . . they should wave at each other in passing.”
Jobs only needs one finger to wave at Turtle Boy and Fester.
Here’s a couple of interesting stories:
“Dark cloud over good works of Gates Foundation”
http://www.latimes.com/news/nationworld/nation/la-na-gatesx07jan07,0,6827615.story?coll=la-home-headlines
“Unintended victims of Gates Foundation generosity”
http://www.latimes.com/news/nationworld/nation/la-na-gates16dec16,0,3743924.story