Apple's stock closed today at an all-time high of $104.83, up 1.8% today, and up 50% from April 2013, reports Fortune.
It took a few days, but Apple’s blow-out quarterly earnings report — driven by strong iPhone and Mac sales and bolstered by the largest stock repurchase program in the history of capitalism — has finally made its way through Wall Street’s algorithms and into Apple’s share price.
The company's market cap is now a record $614.95 billion, according to Yahoo Finance. Compare that to Exxon at $401.35B, Microsoft at $370.96B, and Google at $368.97B.
Did you hold on to your stock through the downturn? Let us know in the comments!
i think Yahoo is wrong because Google finance announce 606,16
Why ? There is less share to share ;)
http://ycharts.com/companies/AAPL/shares_outstanding
So the value of a share is at it best all time,
but the value of the company is less.
What's with the people writing these articles? Apple stock was worth much more than this a few years ago. A 7 to 1 split makes the stock worth 1/7 of what it was previously valued at. It doesn't retain its original value and you don't factor that in when calculating current value.
If you knew about anything finance, you would know that a company's capital market value doesn't change whether they did a stock split or not; only the price of the stock and dividends change. The stock a share was 658 dollars before their stock split in June which made the new price after the split at 94 dollars and dividends at .47 cents.
And that is not covered anywhere in the article. I understand finance and I am a business major. $700 split 7 ways is $100 per share. Each share of stock is still worth $100 per share. The sum of the stock has a greater value, but that doesn't change the value of each share. The article is misleading....especially the headline. Talk to me when the stock gets to $600 per share again. That's a headline!!
And they're just saying that it's hit all time high.. Back in 2012 I believe it peaked at 701 and then dropped to lows of 395. But now it's at 105 which you know it would of been 735 before stock split.
i bought Apple stock much to the disapproval of many friends at $518.00. Everyone kept insisting at that time which was about sometime in the second quarter of this year that the stock would drop like a big fat rock in the lake. Happily I can report now that i seemed to have been right and I am now enjoying a huge upside. I bought a lot but wish it was much more. Now I am being told by the same people to sell sell sell. I am choosing to hold as I believe it wil hit $ 130.00. What say you who read this comment????
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