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 bot

    MacRumors

    Joined:
    Apr 12, 2001
    #1
    [​IMG]


    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. macrumors G4

    flopticalcube

    Joined:
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    #2
    Too far, too fast. Time for a break.
     
  3. macrumors 6502

    wickerman1893

    Joined:
    Dec 16, 2008
    #3
    I am very curious if 1 trillion can be reached. If so, wow is all I can say.
     
  4. macrumors 65816

    Joined:
    Aug 1, 2010
    Location:
    Illinois
    #4
    It says 699.80 -__-
     
  5. macrumors 68030

    NutsNGum

    Joined:
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    Location:
    Glasgow, Scotland
    #5
    Anyone got a time machine set for 1996?
     
  6. macrumors 6502

    Joined:
    Sep 22, 2009
    #6
    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. macrumors 65816

    Joined:
    Jul 6, 2007
    #7
    See after hours quote.

    AAPL almost doubled since last year after Job's passing.
     
  8. macrumors 6502a

    MacFan782040

    Joined:
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    Scranton, PA
    #8
    wholy sheet:eek:
     
  9. macrumors G4

    flopticalcube

    Joined:
    Sep 7, 2006
    Location:
    In the velcro closure of America's Hat
    #9
    Look underneath at the after hours figure.
     
  10. macrumors 6502

    Joined:
    Nov 14, 2011
    #10
    Remember when the iPhone 5 was going to be a failure?
     
  11. macrumors 68000

    nick_elt

    Joined:
    Oct 28, 2011
    #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...
     
  12. macrumors 68020

    charlieegan3

    Joined:
    Feb 16, 2012
    Location:
    U.K
    #12
    when will it all come to an end i wonder...
     
  13. macrumors member

    Joined:
    Nov 11, 2008
    #13
    I love this analogy, "or approximately one Google -- more than second-place ExxonMobil."
     
  14. macrumors 65816

    Joined:
    Aug 1, 2010
    Location:
    Illinois
    #14
    Apple is doomed.
     
  15. macrumors 68040

    Joined:
    Oct 23, 2010
    #15
    I don't care. I just want an iPhone 5.
     
  16. macrumors member

    Joined:
    Feb 22, 2011
    Location:
    Brazil
    #16
    :eek:
    just wow
     
  17. macrumors 6502

    Joined:
    Jan 3, 2002
    #17
    Good thing I bought it back when it was like $12 something... Oh wait, I didn't.

    : (
     
  18. macrumors G4

    Joined:
    Oct 23, 2010
    #18
    Wow, you were quicker with this news than even my Bloomberg iPhone app. I just got the alert about 30 seconds ago.
     
  19. macrumors 65816

    Tankmaze

    Joined:
    Mar 7, 2012
    #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.
     
  20. macrumors 603

    jrswizzle

    Joined:
    Aug 23, 2012
    Location:
    McKinney, TX
    #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.....
     
  21. macrumors 6502a

    Joined:
    Jan 29, 2009
    #21
    I don't think anybody would have thought that share prices would go up $270 in 9 MONTHS! That's crazy!
     
  22. macrumors 68000

    nick_elt

    Joined:
    Oct 28, 2011
    #22
    2007 will do me fine.
     
  23. macrumors 68000

    Joined:
    Aug 25, 2010
    Location:
    Arizona
    #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.
     
  24. macrumors member

    Joined:
    Jun 30, 2007
    Location:
    EARTH
    #24
    naw... the fundamentals say the stock is still fairly cheap.
     
  25. macrumors 6502a

    Joined:
    Apr 5, 2011
    #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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