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

Discussion in 'MacRumors.com News Discussion' started by MacRumors, Sep 17, 2012.

  1. MacRumors macrumors bot

    MacRumors

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    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.

    [​IMG]


    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
     
  2. flopticalcube macrumors G4

    flopticalcube

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  3. wickerman1893 macrumors 6502

    wickerman1893

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    I am very curious if 1 trillion can be reached. If so, wow is all I can say.
     
  4. MultiMediaWill macrumors 65816

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  5. NutsNGum macrumors 68030

    NutsNGum

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  6. liavman macrumors 6502

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    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.
     
  7. doboy macrumors 68000

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    #7
    See after hours quote.

    AAPL almost doubled since last year after Job's passing.
     
  8. flopticalcube macrumors G4

    flopticalcube

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    Look underneath at the after hours figure.
     
  9. chriscrk macrumors 6502

    chriscrk

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    #10
    Remember when the iPhone 5 was going to be a failure?
     
  10. nick_elt macrumors 68000

    nick_elt

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    #11
    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...
     
  11. charlieegan3 macrumors 68020

    charlieegan3

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  12. pensoftware macrumors member

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    #13
    I love this analogy, "or approximately one Google -- more than second-place ExxonMobil."
     
  13. MultiMediaWill macrumors 65816

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  14. AdonisSMU macrumors 601

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  15. Meandmunch macrumors 6502

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    #17
    Good thing I bought it back when it was like $12 something... Oh wait, I didn't.

    : (
     
  16. KPOM macrumors G5

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    #18
    Wow, you were quicker with this news than even my Bloomberg iPhone app. I just got the alert about 30 seconds ago.
     
  17. Tankmaze macrumors 68000

    Tankmaze

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    #19
    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.
     
  18. jrswizzle macrumors 603

    jrswizzle

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    #20
    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.....
     
  19. simplymuzik3 macrumors 6502a

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    #21
    I don't think anybody would have thought that share prices would go up $270 in 9 MONTHS! That's crazy!
     
  20. nick_elt macrumors 68000

    nick_elt

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    #22
    2007 will do me fine.
     
  21. scottsjack macrumors 68000

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    #23
    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.
     
  22. mstrmac macrumors member

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    #24
    naw... the fundamentals say the stock is still fairly cheap.
     
  23. bungiefan89 macrumors 6502a

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    #25
    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.
     

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