Shares of Apple Inc. today rocketed up $6.4601, or 4.00% to close at $167.91 on volume of 29,641,901 shares to set a new all-time closing high.
Apple’s previous 52-week high was $161.58, set this past Friday, October 5th. Apple’s 52-week low stands at $72.60, set on October 11, 2006.
At market close, Apple’s market value stands at $146.02 billion.
For reference, some selected current market values:
• Microsoft (MSFT) – $279.76 billion
• Google (GOOG) – $190.28 billion
• IBM (IBM) – $160.26 billion
• Intel (INTC) – $149.85 billion
• Apple (AAPL) – $146.02 billion
• Hewlett-Packard (HPQ) – $134.29 billion
• Dell (DELL) – $62.50 billion
• Sony (SNE) – $50.84 billion
• Amazon (AMZN) – $39.62 billion
• Yahoo! (YHOO) – $37.57 billion
• Adobe (ADBE) – $26.26 billion
• RealNetworks (RNWK) – $1.05 billion
• Gateway (GTW) – $702.45 million
• Napster (NAPS) – $158.69 million
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 50% since Goldman’s “sell” recommendation.
“I am putting a sell on Apple, the company that created the iPhone” never sounds old to me!
AAPL is going through the roof. Gonna look good when they pass IBM and Intel.
This stock is making dreams come true for those lucky enough to see where it was going 5 years ago. I invested right after OS X came out. It was obvious then that Apple was going places with Steve Jobs back. It’s been pretty funny watching all my PC friends slowly coming around.
magic word : “boom”
Bring it on. I want a MkIII for Xmas!
Okay, call me an idiot!
* Sept 6, bought AAPL options for $47,000
* Sept 21, sold said options for $61,000
Nice profit of $13,600 will buy plenty of Apple products.
Well, TODAY, those options would sell for $191,500!!!
Shows what I know (or don’t know).
BOOM! Has Laura Goldman made any new statements yet on Apple Stock? I’d love to see what her comments are today regarding Apple Stock.
To show what growth is expected,
It would also be good to have a comparison of twelve month trailing revenue, and PE ratio.
Anyone know of an easy way to pull that info up quickly? (for the entire list… rather than one-by-one)
Notice that 6 of the 13 companies on MDN’s ‘selected current market value’ list, are located in the SF Bay Area.
Talk about a brain trust!
@MadMac
I hear your pain. Did not invest as much as you did but I haven’t sold yet.
Sitting today on a nice ~$132,000 potential market value.
I keep holding. I am confident it’ll reach a market value of ~$200k. Just a matter of time, IMHO.
These days I’m making $300 to $400 a day on AAPL… Makes me really happy for you folks who must be doing SO much better, having gotten in years ago.
Have fun with the MKIII ChrissyOne! (It’ll surely be in your range.) How’s life decisions going? Early thirties is a strange time. Seems like an age of disillusionment and maybe the beginning of wisdom… Or not… Wasn’t it Socrates who said the truly wise are those who realize that they aren’t wise at all. Great stuff. But the real question is where does that leave you…
Interesting, how making tall cash doesn’t necessarily cause life to make any more sense.
Bought 25 shares @ $14 each ($350 investment).
Stock split to give me 50 shares.
50 shares now worth over $8395.
Not bad. Not bad at all.
Just wish I had bought more.
Jeezus H. I don’t even think they most annoyingly optimistic fanboy would have predicted this even 2 years ago.
MW: girl… as in, you run like a…
AAPL has more than doubled in one year. What would prevent it from doing the same thing again in the next one year?
Now, if we explore this proposition, that would mean that its stock
price would reach $330 by mid-October next year. That would also mean that its market capitalisation would reach $288B. Should I remind readers that MSFT is currently (and has been for the past five years) hovering around $280B?
Does anyone here believe it is possible that AAPL would actually
eclipse MSFT as the biggest computer company in the world in so much as ONE YEAR??
I myself am extremely intrigued by that possibility.
As for others, we should be adding Intel to the second list just about next week.
I am putting a sell on LSG Capital the company that Laura Goldman founded.
@ Shogun
“Seems like an age of disillusionment and maybe the beginning of wisdom…”
I’m hoping that this is that case. I’ve certainly had my fill of Corporate America™ and its false promise of stability and security. Fortunately AAPL and my own financial cunning is helping me break free of that. I’ve decided that being a photographer is the only thing I’m ever going to love doing, so that’s what I’m going to do. Dammit. =)
If anyone cares, I’ve put a new photo page up. Enjoy!
-c
AAPL IS A GOOD STOCK
BUY SOME
AT THE OPEN
HOLD
5 years go buy a house on a beach
That’s funny because I invested 12K 5 years ago and this winter I’m buying a house at the beach!
AAPL stock is too expensive. Buy AAPL options instead. Turned $100K into $225K in 11 days. Thanks, Steve!
Is LSG Capital still in business even? If I were a client and was “persuaded” into selling AAPL back in May, most likely I would’ve gone on to finding other “consultants” with more vision.
Or maybe Ms. Goldman’s goal was to drive down the stock price a bit so she could get a bargain?
I want to vomit.
If I first bought AAPL 5 years ago when I first wanted to when it was $20/share I would have made over $160,000 PROFIT as of today.
I’m going to be sitting by the toilet if anyone needs me…
This about one little item last week. It went like this:
Get your head around HP, Microsoft, Adobe, Nokia, Motorola and Sony. All of them being together being the same company.
Yep. That company may just be Apple.
$167 may look very very cheap in 18 months time…
The sky is the limit as long as Steve is still having fun going to work every day.
I think iTunes should become a record company and promote what it thinks is new talent and allow musicians a much easier way to get discovered.
Buy and SIT…smile comes later
I can’t believe the stock went up so much today after Friday’s huge gain.
Earning money in the stock market = fun!!
Long term outlook for AAPL still looks good. Apple still has a super compelling product in the PC space + small existing market share = plenty of room to grow. Throw in the iPod + iTunes juggernaut (with great new product refreshes) and the iPhone and this company really does have serious room to grow.
I don’t know about the short term but I am holding on to my AAPL.
Nice photos ChrissyOne.
Microsoft’s chances of reinventing itself (like IBM did after its fall from absolute dominance) is not improbable but it will take a few years – if it happens at all.
That means that Apple has got a few years of grace.
I believe that in about two or three years Apple will have about 15% of the computer market in the U.S. (8% or 9% world-wide) and will have created a new, global platform with a hand-held wifi computer ( iPhone/iPod).
My prediction: AAPL will double in value every year for at least the next 3 years.
“My prediction: AAPL will double in value every year for at least the next 3 years.”
It’ll be a trillion-dollar company if it does. And I’ll be living on a big boat somewhere.
Approaching 3X the market cap of Dell.
How do you like them AAPLs, Mike?
The law of big numbers is/will be catching up with Apple guys. Talk of trillion dollar market cap seems a bit absurd to me.
I would like to see Apple start buying back it’s own shares or start making strategic acquisitions. Consider also the possibility down the road of Apple splitting up the company into two or three parts. Eg, a hardware company, software company and internet company. Just something to consider.
Thanks AAPL stock! You just paid for my new Macbook, Airport Extreme and 6G iPod.
“Microsoft’s chances of reinventing itself (like IBM did after its fall from absolute dominance) is not improbable but it will take a few years”
Yeah, about 20.
see this chart Dell vs Apple, last 10 years
http://apple20.blogs.fortune.cnn.com/2007/10/07/dell-vs-apple-10-years-later/
C1
You sold on Canon?
Or can you be talked into NIKON?
(Sorry if it’s off topic!)
@ bluefine
You might as well just shout “Mac or PC!” ;P
Canon is currently winning the sensor war, and I already have a few EF lenses, so I’m all Canon. I don’t mind Nikon, but I always find myself fumbling around with the controls. Everything on a Canon is right where I expect it to be. Either way, though, they’re both so good, if you can make good pictures with either, you’re not much of a photographer.
And yes, it’s way off topic.
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Oh, i am jealous! I’m just working up to getting a 40D and you’re all “check out my MkIII”
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I’m afraid to ask what selection of L glass you have….lol.
I actually have no ‘L’ glass yet, just EF (I don’t waste my money on EF-S). My first one will be the 50mm 1.2. That lens gives me chills just thinking about it. Most of the stuff I shoot is done with the 15mm fisheye or the 28-135 IS.
LOL! The 50mm was my first…..BEAUTIFUL LENS, you cannot go wrong with it. May I also suggest the 28-70 and the 70-200 2.8 Yummie.
Well if Apple keeps treating me so well…
{dreams}
No I want to go shoot. >_<
Yeah, me too! If you’re interested, check out
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bluefine, I’ve always used Canons over Nikons, having used both. Canon has developed a 65 MP (!) sensor, used for surveillance now. Even better stuff on the way. I’m waiting for their prices to come down, though. The item Chrissy One mentioned goes for $8000 for the body alone. Although I still shoot film with my Canon, I can see that pretty soon digital will replace film completely.
I wonder what Canon’s stock price is…
Anyone have experience with the 16-35mm f/2.8L II? I’m thinking about that one, too.
Because we’re on topic and all…
Nope. No experience with that, but check the site above for reviews. I have found them to be dead on. Very good photographers post there all the time. You’re really into the wide angle stuff evidently! Landscape or city shooting? Im thinking about getting a macro, never used one but thought it could be fun.
I shoot a lot of parties is close quarters, and I like landscapes, architecture and cars. Yeah, love wide angle.
” width=”19″ height=”19″ alt=”wink” style=”border:0;” /> That’s part of the reason I landed on Canon – they had the first full frame sensor, so my wide-angles stay wide-angles. Crop factors personally offend me.
AAPL has gone up as much in the last 2 days . . .
. . . as Microsoft in the last year.
Take that!
D’oh….They offend me too, but I can’t afford that mkIII yet. I was thinking about the 5D tho as well….Don’t laugh, Im using an XT…WITH L series. Ummm, kinda bass ackwards, i know but you use what ya got. I figure the lenses are keepers, the body can be switched out anytime. Good for you C1. I personally cant stand the 1.6 crop…it’s just weird.
C1 et. al. ….
Since we’re on topic.
Had the NIKON lenses and got a great deal from a friend on the Body.
But you’re right… It’s not the camera that makes the shot.
Thank god for digital cards… I’m hoping to work up to the day I can open my eyes and actually see before I shoooooooot. (hehe!)
Mostly I shoot the lighting and production setups for the special events I work on.
Canon users here too?
As I said before, I LOVE this site…
Checkout the Fedex home page. They have an iMac on it playing some tutorial of their services on the screen. Alomst like a picture ripped from Apples site.
I’m using an XTi. And in my opinion, it’s the screamin’est value in the whole market at the moment. I was going to buy a 5D, but it’s real close to time to replace that one, and I imagine we’ll be hearing about it at any moment, so I bought the XTi as a cheap date and to have as an excellent backup. I’m happy as hell with it.
And like you I’ve pimped it out a bit, with the battery grip and a 580EX II. So if a 5D MkII or a 4D appears, that’s what I’d planned on for full frame.
But that 1Ds… {slobber} I dunno… a few more days like today and the AAPL faerie might make it happen.
WAY off topic.
-c
MW: ‘figures’
@ Chris
The animation turns frighteningly Microsofty towards the end. And, not clipping out the spinning blue arrow is just sloppy work, Mr. Flash guy.
C1
Tides Tavern in Gig Harbor. Is it still there? Was going to it in the 7’s & 80’s: loved it. My best friend met his future wife at the Tides.
I can’t believe it butter! I hope this keeps going. I keep slapping myself around and saying this can’t be, this can’t be happening to me…but it is. Rock and Roll!!!! 200 seems days away. Does it have to stop then? Hope the IPhone takes off in Europe. Hope Apple takes some good ideas from that Japanese phone and implements some ideas into their later phones. Need I say if they do….. Thank you Steve Jobs and Company!!!
Checking out Mac news, and find a dpreview discussion! Is that fredmiranda website the one with all those photoshop actions? And, I liked the tangerine ibook selfportrait with the matching tulips, very nice. Good luck with the photo business.
It sure is, but I haven’t been there in 5 or 6 years. I usually eat at the Harbor Inn over at the three-way stop.
@ KenC
That’s not a self portrait, that’s my friend Kiyomi. And thanks! =)
May I play through? I thought I was following a thread discussing AAPL stock and must have lost my way in a nasty trap about cameras and such.
Any way, how about those nice liquid filled, carbon fibre golf clubs I can afford now?
Tennis any one?
(The travails of the nouveau riche. Mon dieu!)
@KenC
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Yeah, the fredmiranda site has a lot of actions there. Plus a ton of great photography. I especially enjoy the weekly assignments and the b&w;forums. I learned many tricks there. Glad to see so many shooters here! Added bonus.
The Fred Miranda site is great – I like it for equipment reviews (C1 you could use it to get some insight on that new L series wide-angle zoom that you were asking about). I also like the Luminous Landscape site (this was the guy who first said, “hey, I think this digital SLR, a Canon D30, is capable of equalling 35mm chemical emulsion technology”. Rob Galbraith’s site is good, too.
I shoot wildlife and I switched from Nikon in the early 1990s as I realized that Canon’s all electronic lens mount would better lend itself to future technologic advancements (like digital photography). At the time, I also liked the fact that Canon’s big glass was quieter than Nikon’s as the Canon telephotos had internal motors (now, of course, Nikon has this, too).
Regarding chip technology, Canon has truly been the leader with their CMOS chips. I don’t know how these new “in house” CMOS chips that Nikon is making will compare, but I can tell you that up until now, the other manufacturers haven’t been able to compete in this regard. The Canon chips are just so smooth and noise-free.
Oh, one other “pro” on the Canon side of things: I agree with C1 about Canon’s user interface on all their SLRs (digital and film); it’s much more standardized than Nikon’s interface and things just seem to fall where you need them. I do sometimes have trouble going from one of their “advanced amateur” models to the 1 Series Canons as their inputs are different, but on the whole, the Canons do a better job of having a unified user interface.
Just my .02,
Mark
Well, shit. I’d been holding one share of AAPL since the early ’90s, but I had to sell it (two shares, by then) in 2004–rent, y’know. Missed out on a good $100 or so!
@ Mark RE: Canon UI
I used to use an Olympus E-10 years ago, then when that developed power management problems I slummed with a Canon S3 IS for a while. I know what you mean about the UI on the consumer models. That said, the S3 is one of the best point-and-shoots I’ve used, and moving to the XTi was a no brainer. Everything made sense. My only gripes on the new models is the continued lack of a real mirror lock-up switch and the persistently useless Direct Print button.