Shares of Apple Inc. today rose $1.05, or 0.44%, on lighter than average volume of 15,797,639 shares to set a new all-time closing high of $239.54.
Apple’s previous closing high was $238.49 set yesterday. Apple’s all-time high (intraday) stands at $240.24, set during trading today. Apple’s 52-week low is $113.28.
At market close, Apple’s market value stands at $217.21 billion since financial sites all use the latest published share count for Apple: 906.8 million shares outstanding as of January 15. However, Apple’s actual diluted share count, as per its latest 10-Q, was 919.783 million shares, which means that the company actually has a market cap of $220.35 billion. For the lists below, we’ll use what the financial sites use.
Apple went public on December 12, 1980 and closed with a market cap of $1.431 billion. Apple’s all-time low market value was $630.9 million on July 8, 1982.
The top five U.S. publicly-traded companies:
1. Exxon Mobil (XOM) – $320.57B
2. Microsoft (MSFT) – $257.15B
3. Apple (AAPL) – $217.21B
4. Wal-Mart (WMT) – $208.74B
5. Berkshire Hathaway (BRKA) – $199.91B
Selected companies’ current market values:
• Google (GOOG) – $180.68B
• IBM (IBM) – $167.48B
• Cisco (CSCO) – $150.13B
• Hewlett-Packard (HPQ) – $126.31B
• Intel (INTC) – $123.749B
• Disney (DIS) – $68.79B
• Amazon (AMZN) – $60.26B
• Nokia (NOK) – $57.70B
• Research In Motion (RIMM) – $39.07B
• Sony (SNE) – $37.55B
• Dell (DELL) – $30.48B
• Yahoo! (YHOO) – $23.69B
• Adobe (ADBE) – $18.71B
• Motorola (MOT) – $16.84B
• RealNetworks (RNWK) – $656.78M
• Beleaguered Palm (PALM) – $649.50M
AAPL quote via NASDAQ here.
Laura Goldman, Laura Goldman, where are you?
$40 billion & counting!!
Bye Wal-Mart… Hello Microsoft.
All this and new MBP’s soon, lummy. Oh yeah and last 1/4 blowout. Not forgetting iPhone OS4. Magic
Wow. Just amazing. Who would have ever predicted even five years ago that Apple’s market cap would exceed that of Walmart and would be headed toward Microsoft’s valuation. Unbelievable. Unbelievably awesome, actually.
Go, AAPL! At least something is making me some decent money!
Hard to believe that AAPL was about $80 just fifteen months ago, and now it is about $240. A three-bagger in just over one year. (Note: That low price came AFTER Laura Goldman’s recommendation to sell at around $110-120. How quickly some people forget…)
So what’s happening to Berkshire Hathaway? They have been in a minor tail spin for a few weeks.
Is there a pool anywhere for when Apple tops M$?
Wow, Palm is lower than Real Networks!
closing in on MSFT. Go AAPL!
A billion increase in market cap a day keeps Wal Mart away!
@ken1w
Even idiots get lucky. Are you saying that she predicted that general economic downturn? If so, was she recommending selling all stocks? No??? Did she recommend buying Apple at $80, predicting a big gain? No??? Then it was mere idiotic luck.
If you sold at $110 to $120 per Laura Goldman’s recommendation, then you avoided $30 to $40 of paper losses through sheer luck. However, if you failed to repurchase those shares prior to the upturn, then you missed out on $110 to $120 of upside. If you can time it, great. But buy and hold Apple has worked quite well over the past five years or so.
I believe Laura is now living in Israel after being more or less booted from the US.
Hi Ballmer, when Apple passes $283.59 in the next few months, you will be once again, following Apple. But, you can always make that happen sooner by further tanking your stock and company value.
See you soon!
Please note that Apple is worth more than Hewlett-Packard + Dell + Research In Motion + Palm + Motorola. Almost have room to add in Nokia. Maybe next week!
@ Kingmel
I’m just saying that some people have short memories, and seem to believe AAPL has been on a steady rise for the last ten years. So “dumb luck” or not (which it definitely was because she was right for all the wrong reasons), it is inappropriate and more than a bit embarrassing when I hear someone bring up Laura Goldman once again when AAPL went significantly below her recommended sell price before coming back up. Let’s find some other (more recent) analyst stupidity to make fun of…
Buying and holding is fine. I didn’t catch the $80 low, but managed to buys some more at around $95. However, it is harder to decide when to sell some shares and take profit. If AAPL gets close to $300 in the near term, I’m selling some of my shares.
Apple does NOT equal AAPL. Apple is a great company, and Apple (the company) will be great whether it’s share price is $100 or $300. However, AAPL at $100 was a great investment opportunity. AAPL at $300 (if it gets there in the next few months), not so much… People need to distinguish the company from its stock. When a company’s stock price rises to a point where you would not consider buying any more, then it’s time to start considering when to sell some of what you already have.
You will not be able to time buys and sells perfectly, but you can get close enough if you follow Apple closely (as regular MDN readers obviously do already).
Am I the only fool who sold every AAPL share I had when the WSJ published Steve Jobs obituaries? Resulting in $400,000 loss for me!
Doesn’t feel great to be the only one in the world who ever lost money with AAPL. Won’t prevent me from buying the iPad 3G 64 though but my wife has banned me from buying ANY stock anymore.
I started buying puts on Apple. There has to be a correction and profit taking on Apple sometime soon. After that I will be buying more Calls when the time is right.
<<I’m just saying that some people have short memories, and seem to believe AAPL has been on a steady rise for the last ten years.>>
Not a SINGLE person on here has been saying Apple has been on a “steady rise for the last ten years”. THAT’S a STRAWMAN argument. Total rubbish.
Analysts, when looking at individual companies are comparing that company to the market, thus sell and buy recommendations. When you say Apple went below her sell price, you have to factor out macro effects. She is not including them, so why are you? The macroeconomy drove Apple down, not any microeconomic reasons that would concern an analyst.
Buy and Hold Long term!!!!!!
AAPL is that Good!
It has been a no brainer holding this stock as the Company just keeps posting Record Profits wit ZERO debt and cash on hand is $40 billion!!!!!
I saw the light and it still has a long way to go, aye 401k fellows:-))
Check RGAEX and it’s portfolio!!!!!
Can afford it?
@ KenC
> She is not including them, so why are you?
Laura Goldman’s reasons for her AAPL sell call were idiotic. It was perfectly appropriate to make fun of her as APPL climbed toward $200 the first time, when she said to sell between $110 and $120. Unfortunately, since then, AAPL dipped below $80 before coming back up again. Her reasons for the sell recommendation are still idiotic; that does not change. However, it is quite embarrassing (at least to me) to see her name today, because as dumb as that call seemed at that time (and I made fun it it myself), AAPL went way below her sell price (due mostly to those “macro effects” and Steve Jobs health rumors). So seeing her name mentioned no longer serves the intended purpose, because I have a good enough non-selective memory to remember AAPL’s recent share price history.
” width=”19″ height=”19″ alt=”smile” style=”border:0;” />
Let’s make fun of other analysts, not Laura Goldman.
@ken1w
I like what you wrote. I’ve wondered about when to get my initial investment back. I could sell less than half of my AAPL stock if/when it hits $300 and recoup the investment and move on to something else. I could also hold the rest to gloat over M$ being worth less than Apple. Thanks.
@Deepdish
No offense, but I hope you get burned buying your “puts.”
@Amazin1
Within the last two months it was reported Laura was in a U.S. jail or prison.
The longer you hold the better the experience….
As for shortsellers, just draw the paralel :
you can’t keep a good man down…
Bult for comfort not for speed, apple is the ride indeed.