Apple's Stock Price Breaks Through $700, Sets New All-Time Records for Price and Market Cap

MacRumors · Sep 17, 2012, 03:03 PM

Following today's news that the iPhone 5 has set a record with over two million pre-orders during the first 24 hours of availability last Friday, Apple's stock price is rising once more. Apple's share price broke through the $700 mark for the first time today in after-hours trading, continuing the company's meteoric rise as the most valuable publicly traded company in the world.

The stock price has been on a tear -- albeit with a bit of a lull in the middle of the year -- since Apple reported blowout earnings for the first fiscal quarter of 2012, rising more than $270/share, or over 65%, in nine months.

At the end of February, Apple broke through the important psychological barrier of $500 billion in market capitalization, then through $600 billion in April. Apple is now worth more than $650 billion, which is $225 billion -- or approximately one Google -- more than second-place ExxonMobil.

Article Link: Apple's Stock Price Breaks Through $700, Sets New All-Time Records for Price and Market Cap

flopticalcube · Sep 17, 2012, 03:05 PM

Too far, too fast. Time for a break.

wickerman1893 · Sep 17, 2012, 03:06 PM

I am very curious if 1 trillion can be reached. If so, wow is all I can say.

MultiMediaWill · Sep 17, 2012, 03:06 PM

It says 699.80 -__-

NutsNGum · Sep 17, 2012, 03:07 PM

Anyone got a time machine set for 1996?

liavman · Sep 17, 2012, 03:07 PM

I just saw it crossed $700.00 in after hours. Seconds later, I checked here and that is the lead story. Wow, Macrumors is quite quick. This is the up to the second reporting! Nice job Jordan Golson. You probably had it all setup, had the article written in anticipation and copy&paste the quote page to memorialize it and hit publish. Even then, it was lightning fast.

doboy · Sep 17, 2012, 03:07 PM

Quote:

Originally Posted by MultiMediaWill

It says 699.80 -__-

See after hours quote.

AAPL almost doubled since last year after Job's passing.

MacFan782040 · Sep 17, 2012, 03:08 PM

wholy sheet

flopticalcube · Sep 17, 2012, 03:08 PM

Quote:

Originally Posted by MultiMediaWill

It says 699.80 -__-

Look underneath at the after hours figure.

chriscrk · Sep 17, 2012, 03:08 PM

Remember when the iPhone 5 was going to be a failure?

nick_elt · Sep 17, 2012, 03:09 PM

While I can say unfortunately I dont have any shares, I can def say I have contributed in making some ppl very rich at least. When will it stop? cant see it happening anytime too soon. But as they say, what goes up...

charlieegan3 · Sep 17, 2012, 03:09 PM

when will it all come to an end i wonder...

pensoftware · Sep 17, 2012, 03:09 PM

I love this analogy, "or approximately one Google -- more than second-place ExxonMobil."

MultiMediaWill · Sep 17, 2012, 03:10 PM

Apple is doomed.

AdonisSMU · Sep 17, 2012, 03:10 PM

I don't care. I just want an iPhone 5.

tucotuti · Sep 17, 2012, 03:10 PM

just wow

Meandmunch · Sep 17, 2012, 03:10 PM

Good thing I bought it back when it was like $12 something... Oh wait, I didn't.

: (

KPOM · Sep 17, 2012, 03:10 PM

Wow, you were quicker with this news than even my Bloomberg iPhone app. I just got the alert about 30 seconds ago.

Tankmaze · Sep 17, 2012, 03:10 PM

Wow, wonder if its because apple product lineup, or the confidence in cook.
Either way, hope apple can stay focus on good things to come.

jrswizzle · Sep 17, 2012, 03:11 PM

My stupid emails saying my iPhone has been shipped still haven't come!!

Everytime my phone goes off I grab it thinking its the email.....stupid MacMall special offers.....

simplymuzik3 · Sep 17, 2012, 03:11 PM

I don't think anybody would have thought that share prices would go up $270 in 9 MONTHS! That's crazy!

nick_elt · Sep 17, 2012, 03:11 PM

Quote:

Originally Posted by NutsNGum

Anyone got a time machine set for 1996?

2007 will do me fine.

scottsjack · Sep 17, 2012, 03:12 PM

Really do you have to post Apple stock prices? Like that has anything to do with the ownership or use of Apple products. It's usually the cheesy Apple cheerleading Websites that post Apple stock prices in big fonts so fanboys who don't own any Apple can go "rah rah rah, we're cool".

Just a thought.

mstrmac · Sep 17, 2012, 03:12 PM

Quote:

Originally Posted by flopticalcube

Too far, too fast. Time for a break.

naw... the fundamentals say the stock is still fairly cheap.

bungiefan89 · Sep 17, 2012, 03:12 PM

Quote:

Originally Posted by wickerman1893

I am very curious if 1 trillion can be reached. If so, wow is all I can say.

When last I checked, there's only about 60 trillion dollars in the world (that's supposedly the total value of everything) so 1 trillion market value would be pretty huge.

Sep 17, 2012, 03:03 PM	#1
MacRumors macrumors bot Join Date: Apr 2001	Apple's Stock Price Breaks Through $700, Sets New All-Time Records for Price and Market Cap Following today's news that the iPhone 5 has set a record with over two million pre-orders during the first 24 hours of availability last Friday, Apple's stock price is rising once more. Apple's share price broke through the $700 mark for the first time today in after-hours trading, continuing the company's meteoric rise as the most valuable publicly traded company in the world. The stock price has been on a tear -- albeit with a bit of a lull in the middle of the year -- since Apple reported blowout earnings for the first fiscal quarter of 2012, rising more than $270/share, or over 65%, in nine months. At the end of February, Apple broke through the important psychological barrier of $500 billion in market capitalization, then through $600 billion in April. Apple is now worth more than $650 billion, which is $225 billion -- or approximately one Google -- more than second-place ExxonMobil. Article Link: Apple's Stock Price Breaks Through $700, Sets New All-Time Records for Price and Market Cap
	3

Sep 17, 2012, 03:05 PM	#2
flopticalcube macrumors G4 Join Date: Sep 2006 Location: In the velcro closure of America's Hat	Too far, too fast. Time for a break. __________________ Read the Rules / Search the Forums / Use a Descriptive Title Mac Won't Boot?
	11

Sep 17, 2012, 03:06 PM	#3
wickerman1893 macrumors 6502 Join Date: Dec 2008	I am very curious if 1 trillion can be reached. If so, wow is all I can say. __________________ Check Out Ic3d Out Apps' New Stuff! Here is our website!
	14

Sep 17, 2012, 03:06 PM	#4
MultiMediaWill macrumors 65816 Join Date: Aug 2010 Location: Illinois	It says 699.80 -__- __________________ Click here for the iPhone 5 iOS 6.0 Jailbreak! MacBook Pro 15" 2011 , 2.2 GHz Quad i7, 750GB HDD, 8GB RAM, Anti-Glare iPhone 5 32gb iPad 3 16gb
	10

Sep 17, 2012, 03:07 PM	#5
NutsNGum macrumors 68030 Join Date: Jul 2010 Location: Glasgow, Scotland	Anyone got a time machine set for 1996?
	91

Sep 17, 2012, 03:07 PM	#6
liavman macrumors 6502 Join Date: Sep 2009	I just saw it crossed $700.00 in after hours. Seconds later, I checked here and that is the lead story. Wow, Macrumors is quite quick. This is the up to the second reporting! Nice job Jordan Golson. You probably had it all setup, had the article written in anticipation and copy&paste the quote page to memorialize it and hit publish. Even then, it was lightning fast.
	17

Sep 17, 2012, 03:08 PM	#8
MacFan782040 macrumors 6502a Join Date: Dec 2003 Location: Scranton, PA	wholy sheet
	12

Sep 17, 2012, 03:08 PM	#10
chriscrk macrumors regular Join Date: Nov 2011	Remember when the iPhone 5 was going to be a failure?
	66

Sep 17, 2012, 03:09 PM	#11
nick_elt macrumors 65816 Join Date: Oct 2011	While I can say unfortunately I dont have any shares, I can def say I have contributed in making some ppl very rich at least. When will it stop? cant see it happening anytime too soon. But as they say, what goes up...
	8

Sep 17, 2012, 03:09 PM	#12
charlieegan3 macrumors 68020 Join Date: Feb 2012 Location: U.K	when will it all come to an end i wonder...
	4

Sep 17, 2012, 03:09 PM	#13
pensoftware macrumors member Join Date: Nov 2008	I love this analogy, "or approximately one Google -- more than second-place ExxonMobil."
	49

Sep 17, 2012, 03:10 PM	#14
MultiMediaWill macrumors 65816 Join Date: Aug 2010 Location: Illinois	Apple is doomed. __________________ Click here for the iPhone 5 iOS 6.0 Jailbreak! MacBook Pro 15" 2011 , 2.2 GHz Quad i7, 750GB HDD, 8GB RAM, Anti-Glare iPhone 5 32gb iPad 3 16gb
	19

Sep 17, 2012, 03:10 PM	#15
AdonisSMU macrumors 6502a Join Date: Oct 2010	I don't care. I just want an iPhone 5.
	12

Sep 17, 2012, 03:10 PM	#16
tucotuti macrumors newbie Join Date: Feb 2011 Location: Brazil	just wow
	1

Sep 17, 2012, 03:10 PM	#17
Meandmunch macrumors 6502 Join Date: Jan 2002	Good thing I bought it back when it was like $12 something... Oh wait, I didn't. : ( __________________ GIBBS
	26

Sep 17, 2012, 03:10 PM	#18
KPOM macrumors 604 Join Date: Oct 2010	Wow, you were quicker with this news than even my Bloomberg iPhone app. I just got the alert about 30 seconds ago.
	3

Sep 17, 2012, 03:10 PM	#19
Tankmaze macrumors 6502a Join Date: Mar 2012	Wow, wonder if its because apple product lineup, or the confidence in cook. Either way, hope apple can stay focus on good things to come. __________________ Check out our game Tank Maze
	4

Sep 17, 2012, 03:11 PM	#20
jrswizzle macrumors 68020 Join Date: Aug 2012 Location: McKinney, TX	My stupid emails saying my iPhone has been shipped still haven't come!! Everytime my phone goes off I grab it thinking its the email.....stupid MacMall special offers..... __________________ iPhone 5 32GB (black/slate) / Nexus 4 16GB / HTC One 32GB (white/silver) 21.5" iMac 2.5GHz i5 / iPad mini AT&T 32GB (black/slate) / Apple TV 2 & 3
	4

Sep 17, 2012, 03:11 PM	#21
simplymuzik3 macrumors 6502a Join Date: Jan 2009	I don't think anybody would have thought that share prices would go up $270 in 9 MONTHS! That's crazy!
	2

Sep 17, 2012, 03:12 PM	#23
scottsjack macrumors 6502a Join Date: Aug 2010	Really do you have to post Apple stock prices? Like that has anything to do with the ownership or use of Apple products. It's usually the cheesy Apple cheerleading Websites that post Apple stock prices in big fonts so fanboys who don't own any Apple can go "rah rah rah, we're cool". Just a thought.
	9

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