Apple’s previous closing high was $266.47 set yesterday. Apple’s all-time high (intraday) stands at $272.18, set during trading today. Apple’s 52-week low is $119.38.
At market close, Apple’s market value stands at $246.36 billion.
As per NYSE, the top five U.S. publicly-traded companies, based on full market values, are:
1. Exxon Mobil (XOM) – $326.90B
2. Microsoft (MSFT) – $271.53B
3. Apple (AAPL) – $246.36B
4. Wal-Mart (WMT) – $204.98B
5. General Electric (GE) – $203.53B
MacDailyNews Note: See also:
• Apple passes Microsoft to become second-largest company in S&P 500 – April 22, 2010
• Microsoft: Hey, wait a minute, our market cap is still larger than Apple’s! – April 23, 2010
Selected companies’ current market values:
• Google (GOOG) – $173.30B
• IBM (IBM) – $168.86B
• Cisco (CSCO) – $157.28B
• Intel (INTC) – $133.09B
• Hewlett-Packard (HPQ) – $126.40B
• Disney (DIS) – $71.35B
• Amazon (AMZN) – $63.85B
• Nokia (NOK) – $47.32B
• Research In Motion (RIMM) – $39.36B
• Sony (SNE) – $35.10B
• Dell (DELL) – $34.26B
• Yahoo! (YHOO) – $24.70B
• Adobe (ADBE) – $19.08B
• Motorola (MOT) – $16.41B
• Advanced Micro Devices (AMD) – $6.56B
• Beleaguered Palm (PALM) – $850M
• RealNetworks (RNWK) – $601M
AAPL quote via NASDAQ here.
To infinity (well, at least 300) and beyond!
302, that’s all we need
And that means, we are about $26B away from MS. Roughly 10%. Approximately one week, if we continue at this past week’s rate.
Obviously, it is rather unlikely it will happen so fast, but at this point, it surely doesn’t look like it should take next six months either.
This is one headline I never get tired of!
I was thinking back over all the denigrating remarks I’ve heard from the vast vanilla landscape of PC sufferers over the years. Come what may, since the first Apple II I sold in 1983, it’s been a great ride.
And lately, it’s been a hoot!
Wow, this is amazing. My Mom decided to make her first stock purchase ever, and of course I told her to buy AAPL.
She bought at $95 a little over a year ago when it was on it’s way back up from the recession drop. Not bad.
Now, when is Wall Street going to hammer us??
Oh, the All Time High headliine. Must be 4:30.
Dare i say “Bloodbath”
Just a few days ago, there was good resistance at $250. Now, we’ve sailed passed $270.
Fortunately, there’s a lineup of “good news” events stacked up. First, shipping of the 3G/GPS iPads. Then, international sales of iPad will start in May (assuming the U.S. does not buy they all again).
Then, it will be time for new iPhones. WWDC “keynote” announcements. Somewhere in there will be a refresh for consumer-level Macs, before “back to school” season.
Then, new iPods (doesn’t sound like a big deal these days). You obviously have the quarterly reports for the June and September quarters, when Apple will no doubt “surprise” the analyses once again. By now, it’s the always strong holiday quarter, to sell lots of everything introduced this year.
I just wonder how long AAPL can continue at this rapid pace upwards. What is the cap, assuming they keep impressing every quarter? Can’t wait till they beat Microsoft.
Isn’t it just a rounding error?
Right, Mr. Ballmer?
Oh my god, Real Networks. I haven’t thought about them in so long. I remember when they were enemy number 1 (okay maybe number 3 or 4…).
——RM
By the time AAPL hits $350.00 or $359.37, Apple will have even more cash in the bank and they will pass Exxon and be No. 1. That should happen in less than a year.
Will the talking heads still be looking down on Apple? Those tiny clueless opinionated village idiots still don’t see it coming. Just like the 400% increased capacity in that 1 billion dollar server farm that they don’t know exists and never ask about. (Listen to the quarterly report. It never came up. A billion dollar expense and asset never asked about.)
The world is now full of believers. Ken1w talks about resistance, a technical trading term, but in a more individual and human way, Apple indeed seems to have finally broken through a psychological resistance. Those of us that still think of Apple in the old Mac vs PC ways are becoming a minority. As a consumer electronics company, Apple has caught on fire as the brand to own.
$25 billion and counting….
ken1w pretty much sums up what the rest of this year is gonna like. HOWEVER, there’s always room for “…one last thing…”
That one last thing is gonna be around the time IOS 4.0 hits the iPad which should be around the same time Game Center drops. Something tells me this is gonna be a game-changer.
Stay long Apple and prosper. If you know Mac you know and trust Apple, regardless of market manipulator’s or Rupet Murdoch’ s evil designs and FUD .
@ Macintosh,
I’m thinking the same thing – brokers are going to cash in soon. My guess is that we will hear murmurs that aapl can’t sustain its price rise. There will be other suggestions that there are issues with production, the new iphone, maybe even Steve’s health again.
The brokers will all sell their holdings in unison, spark a mini drop in the prices and induce a lemming response from the rest of the market.
This time the brokers will make a ton of money. The stock has risen 70 pts in a few months. They will make a killing.
I’ve given up trying to predict when this will happen but am going to pay a lot of attention to the murmuring. Maybe I can work out their system and start riding the waves.
Stock split…stock split…stock split…stock split….
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a split?
Yeah, 1 for 10. That would make the MS crunching even more obvious!
if they do split, it would be nice to split 5 for 1 to get the price below $100 and have room to grow without going over that. especially if apple is added to the dow i think this will be important because not just institutions buy dow stocks but a lot of individuals do too. when a company is growing like apple it is good to maximize everyone’s ability to buy some reasonable amount. i owned two shares of ibm back when i was in college because that was literally all i could afford to buy and it just seemed silly.
If over the last six months you’ve been waiting for a split to buy you’ve missed out on a lot:
Using Rough Numbers:
Today: $271
Apr 1: $236 +$35 +15%
Mar 1: $209 +$62 +30%
Feb 1: $195 +$76 +38%
Jan 1: $214 +$57 +27%
Dec 1: $197 +$74 +38%
Nov 1: $189 +$82 +43%
ABQ Peter:
There is absolutely NO benefit of stock split to anyone. Not to the company, not to the investors, even to the poorest ones. If an investor (such as yourself, during college) cannot afford $280 ($270 for a single share, plus $10 commission), there are ways out there to buy fractions of a single share.
BRK.A (Berkshire-Hathaway) trades for around $120,000 per share. Many people who have diversified investment portfolios couldn’t buy a single share of BRK.A even if they liquidated their entire portfolios. And GOOG is at $540. There’s nothing wrong with a high stock price. Splitting time is over, and for a reason.
a stock split while non-monetarily significant would keep the large hedge funds from being able to manipulate the stock so easily because the higher the price the easier it is for the big money to step it down and shut out the small investor.
That kind of flies in the face of the reality. Small price usually attracts small (and very emotional) investors, who are usually easily goaded, or spooked into buying/selling, and it is the masive numbers small investors that often cause prolonged slides (or surges).
Big money will continue to own majority of outstanding shares anyway. When big money moves in either direction, the move is much more pronounced if the percentage of small-time investors is higher. The more big money owns it, the steadier the gyrations are.