Apple shares hit all time closing high; tech giant remains the most valuable firm in the world

Apple shares hit all time closing high; tech giant remains the most valuable firm in the world
With a closing price of $143.80, Apple's shares hit an all-time closing high on Tuesday. After taking into account the 7-for-1 split it recorded in June 2014, Tuesday's close is equivalent to a price of $1,006.60 pre-split, and that is not only an all-time closing high for Apple, it is the highest valuation currently awarded any company still operating. At this moment, Apple is valued at $754 billion. To put that in perspective, Google parent Alphabet has a market cap of $568 billion, and Microsoft is worth $505 billion.

Since the Apple iPhone was first launched on June 29th, 2007, Apple's stock has risen 763%. Since the launch of the first Apple iPad on April 3rd, 2010, the shares have soared 346%. Another date of note was October 5th, 2011. Apple fans should know that this is the date when Steve Jobs died. From that day to the present, Apple's stock has rallied 166% under the leadership of CEO Tim Cook.

For those who like to dream, had you purchased approximately 120 shares (roughly $4,200) of Apple's stock when it went public on December 12th 1980, today you would be a millionaire. Of course, you would have had to sit through those lean years when John Sculley canned Steve Jobs. But things started popping upon Jobs' return. The success of products like the iMac, the iPod, the iPhone, the iPad and Apple Watch made Apple what it is today; the most valuable company in the world.

source: YahooFinancial

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46 Comments

1. Finalflash

Posts: 4063; Member since: Jul 23, 2013

Yea, everyone is on an insane high price right now. Just a sign of the impending correction, which will lead to the next recession and bubble burst.

2. piyath

Posts: 2445; Member since: Mar 23, 2012

In your face, haters. I know now all the Samsung fanboys will cry and bash my comment but no one can deny that Apple is the best company in the world!

4. truthteller unregistered

how much share do you have on apple? Zero? That's right . Keep on rejoicing on something you don't have anything to gain from.

13. NoToFanboys

Posts: 3231; Member since: Oct 03, 2015

Apple is piyath's deity, he gains happiness from Apple's success.

16. Ronan

Posts: 51; Member since: Mar 21, 2017

If that's what makes him happy, he must not have much of a life.

17. notfair

Posts: 711; Member since: Jan 30, 2017

@truthteller, glad you made the account to reply to that fanboy.

30. Derekjeter

Posts: 1459; Member since: Oct 27, 2011

Is this the CEO of Samsung? No? That's right. Keep on rejoicing on something you don't have anything to gain from.

6. trojan_horse

Posts: 5868; Member since: May 06, 2016

"but no one can deny that Apple is the best company in the world!" Being most profitable company (sales-wise) is not indicative of being the best company) but of the Apple's products being the most popular ones. The best company is the most innovative... Apple clearly isn't that - at least, not anymore. But reaching $754b in market cap is indeed an outstanding achievement, and a unique one, for that matter.

19. ibend

Posts: 6747; Member since: Sep 30, 2014

most profitable = the BEST company at raping their customer's wallet.. you cant deny that.. and their customers getting happy over this news... they're happy because they buy overpriced stuff, clueless sheep, lol..

24. galaxy-gear

Posts: 119; Member since: Sep 30, 2016

Beacause isheeps

36. marorun

Posts: 5029; Member since: Mar 30, 2015

Best nope piyath. Most rich because most greedy yes.

3. Arthurhkt

Posts: 721; Member since: Apr 19, 2012

Seriously, I don't get it. How in the world Apple can gain so much fanboys to support them until become one of the highest profitable tech company in the world. Yes, they did produce one of the best product in the world and innovative in their early day, just same like any other tech company, but the only best? No! For instance, I doesn't dislike Apple, I am using a iPhone now. But with their current strategy that milking the market with a expensive but more or less same product every year, they DID A GREAT JOB IN MARKETING part to gain and sustain their loyalty customer.

10. trojan_horse

Posts: 5868; Member since: May 06, 2016

"they DID A GREAT JOB IN MARKETING part to gain and sustain their loyalty customer." To be fair, doing a great job in marketing to gain customers loyalty is a practice every other company does, and Samsung is a notorious one in that practice. Samsung spent $1bn in ads/marketing between 2012 and 2013 just to promote the Galaxy flagships off those years. Apple now happens to be more successful in marketing than Samsung... That's the reality now, bruh.

37. marorun

Posts: 5029; Member since: Mar 30, 2015

dont change the fact its the most greedy corporation ever :)

5. batmite

Posts: 197; Member since: Jan 19, 2017

Just when you think Apple can't get any better they go and prove that they can. Let the salty river of tears flow from the haters while I get the butthurt report form ready for them.

7. KRISTIJANJE

Posts: 68; Member since: Feb 16, 2015

To bad I dont own any Apple stock. Imagine the happy faces of shareholders.

8. adi90

Posts: 554; Member since: Dec 21, 2015

I dedicate apple's success not to its fanboys, but to its loyal haters and trolls. The more they hate , more apple gain fanboys and popularity.

14. trojan_horse

Posts: 5868; Member since: May 06, 2016

"I dedicate apple's success not to its fanboys, but to its loyal haters and trolls.The more they hate , more apple gain fanboys and popularity." The hatred of the "trolls" and "haters" on the virtual world (the internet) really does not have an impact in real-world, as the vast majority of buyers do not read review articles and comments in order to decide on what to purchase. The average consumer does not even know nor care about specs. So, dedicating Apple's success to online trolls is kinda pointless, as those "trolls" on the virtual world have little to no influence inthe real world. Your comment is more like an attempt to start arguments... a lame attempt that is.

38. marorun

Posts: 5029; Member since: Mar 30, 2015

adi90 thats pretty delusional lol Its like saying thats the sun is hot because of ice lol.

9. mazallah

Posts: 22; Member since: Jul 29, 2016

I own shares at Apple. I've never owned any product from Apple though. Apple only makes sheeps products which people buy for status...even if they are broke they sign a f**king deal just to get an IPhone. I am truly grateful for all the stupid people in this world who always live based on what other people think about them. It's so easy to get rich these says.

11. adi90

Posts: 554; Member since: Dec 21, 2015

" Apple only makes sheeps products which people buy for status. " Most of the people buying flagship mobiles like iphone, galaxy/note , pixel buy for status. Very few of them actually but it for their need. You cannot say that only apple fans want status. Even a samsung galaxy s8 owner and pixel owner feels that he/she is superior to those buying $150-200 mobiles.

28. Tabby_Tiger

Posts: 305; Member since: Jan 23, 2017

"Most of the people buying flagship mobiles like iphone, galaxy/note , pixel buy for status. Very few of them actually but it for their need." A lot of people buy them because it's a hobby and signing up for a 2 year contract makes them very accessable to almost anyone in the western world.

39. marorun

Posts: 5029; Member since: Mar 30, 2015

adi90 i disagree my clients mostly buy phone for brand and need at the same time. Example an apple buyer thats need serious battery life and performance usually go for the plus model. Another example is i am an hardcore gamer both on mobile and pc and console so i buy hardware thats fit my need ( hence why i did not buy the S7 as its not thats great for the highest end games ) i agree about Samsung buyers they are as worst as apple buyer they often buy for brand but also go for device thats fit there own need. I have yet to find a pixel owner acting like an ass like the above OEM do.

21. Spyro

Posts: 334; Member since: Mar 29, 2017

Apple is a cultural icon, you cant deny that. Still, it's not yours to judge other people whether it be because of status or not. It's best to just leave them be.

12. Abdbaas

Posts: 139; Member since: Apr 05, 2016

Err it is not the most valuable company in the world, it is the most valuable *public* company in the world. Big difference

15. Tech_fan

Posts: 94; Member since: Mar 28, 2017

there is a party in Alan F a$$. its the shame that the pocket rapist fruit comapny has this value what a shame. yes its an american co and brainwashed so many stupid UNedjucated people

18. Ronan

Posts: 51; Member since: Mar 21, 2017

The funny thing is that most of the Apple fans bragging about Apple's success don't even own any of Apple's stock! They're just bunch of arrogant kids who post on this website for our amusement, I love laughing at their apologetic comments and deflections, they seem miserable to me. A pathetic bunch they are.

20. Spyro

Posts: 334; Member since: Mar 29, 2017

The same goes to annoying fandroids who get virtually unstable whenever the word Apple gets sneaked into their drinking glasses.

40. marorun

Posts: 5029; Member since: Mar 30, 2015

You mean Samsung fanboy they are as worst as apple one. I am android fan and user and i can see some good thing in apple its just thats its very overpriced and not for me ( i like changing device OEM and try various handset as i work in cellphone industry ) but i want to keep my purchases and not lock myself into 1 phone brand.

23. Mr.Pussy

Posts: 348; Member since: Feb 16, 2017

Good time to sell it before it goes down.

* Some comments have been hidden, because they don't meet the discussions rules.

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