Apple shares hit at an all-time high, market cap goes beyond $400 billion

Apple shares hit at an all-time high, market cap goes beyond $400 billion
Here’s something interesting happening with Apple’s stock - it has been growing in the last couple of days in anticipation of record-breaking fiscal Q1 2012 results and is now trading at an all-time high of $427 apiece, with a total market cap of more than $400 billion. This has brought the company this close to trading places with the world’s largest in market value, Exxon Mobile. For a moment yesterday, Apple broke its $426.70 record for share price, set in mid-October.

The growth run is happening in anticipation of January 24th, the date when Apple is releasing its quarterly results. Several analysts upgraded their already optimistic estimates for iPhone sales in the past Holiday trimester. The new Golden Sachs estimate sees iPhone sales at 31 million for the quarter, up from the previous 30.2 million forecast. Needham on the other hand bumped their prediction to 32 million units sold, up from the earlier 28 million projected.

At the same time, yesterday marked the five-year anniversary of the first iPhone which changed the mobile industry from the ground up.

Apple has already increased its MacBook Air sales to 1.2 million units in the quarter, according to an unconfirmed report by DigiTimes. This increase happens on the background of a decline for other companies.

source: 9to5Mac



1. bloodline

Posts: 706; Member since: Dec 01, 2011

2012 we will see a decline, mark my words, mark them carfully. MARK THEM

4. bigboy029

Posts: 74; Member since: Jan 03, 2011

iPhone 5 + iPad 3 + rumor of Apple TV = very small chance of decline... I don't see Apple stocks declining for another couple years or so.

6. bloodline

Posts: 706; Member since: Dec 01, 2011

Overpriced hype, they will bring nothing new to the table. you know what they will promote the IPAD 3 to have... siri! that will be their only selling point. Iphone 5, your just looking at a redesign, no real improvements with ios Apple tv... a gimmick nothing more - they will not replace the current manufactures like panasonic

13. thebikerboi2

Posts: 144; Member since: Apr 01, 2011

the ipad 3 is set to ahve a Quad core apple A6 proccessor, and no doubt Quad core GPU that will be a big sell point for the ipad 3, yes the iphone 5 is due for a badly needed redesign, but who says its not going to be powerfull, nor can you be so quick to judge about the changes that will be made in IOS 6. the apple tv was never meant to replace big manufactures like panasonic. it was made so that you could share content frome your iDevice and itunes libary on your tv. and also for airplay mirroring games and other stuff, so i think that 2012 is going to be a ood year for apple if things pan out as the rumors say.

20. iKingTrust

Posts: 716; Member since: Jul 27, 2011

yea that is possible. They i will buy more

2. Doakie

Posts: 2478; Member since: May 06, 2009

I protest against corporate greed. I have no job. I have a hard time paying my bills, and I bought the newest iPhone 4S that Apple has a 71% profit margin on. I may be mentally handicapped. I am the 99%.

3. Ultimate

Posts: 3; Member since: Jan 09, 2012

CORRECTION: Goldman Sachs not golden sachs.

11. iShepherd

Posts: 38; Member since: Oct 17, 2011

CORRECTION: Golden Sacks not Goldman Sachs

12. Reverse

Posts: 3; Member since: Jan 10, 2012

Dumb monkey.

5. maier9900

Posts: 272; Member since: Dec 17, 2011

What's up with these comments, you guys high??...

17. hepresearch unregistered

Not sure. I'll ask 'em to pass me whatever that is they're smokin', and I'll let ya know...

7. som

Posts: 768; Member since: Nov 10, 2009

What is market cap and market value means? Is Apple bigger than Walmart with about 5000 stores and 2,500,000 employees World wide???

8. kshell1

Posts: 1143; Member since: Oct 05, 2011

i may not like apple but this is very impressive

9. remixfa

Posts: 14605; Member since: Dec 19, 2008

you know.. i just realized something... a 2+2 moment. All these idiot analysts make these wild predictions about apple all the time. no matter what the prediction its always positive.. very positive. Stocks are valued basically as much as the actual worth of the company and about how people "feel" about the company. Perception affects stock price. All these idiot analysts ARE the insider knowledge about apple stock. I bet every last one of them has a good chunk of Apple stock in their portfolio. Every time they make a prediction, their stock goes up, and they make money. Of course this would be true for any analyst but the apple analysts are especially.. "positive".

16. wumberpeb

Posts: 453; Member since: Mar 14, 2011

In all fairness Remix, Apple doesn't have much to not feel positive about...

18. gallitoking

Posts: 4721; Member since: May 17, 2011

wow remix.. this articles brings the troll in you.. huh.. it comes out of you pores... unless you have proof of what you say is true... we will take it as your opinion... stick to computer chips and leave the stocks to the people who know... and please no name calling... show some manners..

19. kshell1

Posts: 1143; Member since: Oct 05, 2011

remixfa im sorry but for once im with the iphone guy ^^^^^

21. remixfa

Posts: 14605; Member since: Dec 19, 2008

how am i wrong gallito? 2 things that raise a stock's price are company performance and company perception. Perception is from rumors and analysts mostly. As an analyst why WOULDNT you pick a stock that you think is going to perform well, then publicly pump the hell out of it to raise the stock price? As more people want to buy the stock, the stock continues to raise in price. EVERYONE that owns said stock wins, including the analyst that is pumping the stock he owns. Again, i never said this was an apple ONLY thing. But which analysts over reach more than apple analysts? Hell you barely hear from analysts in other fields.. and i read a ton of news every day. I also never said apple had anything directly to do with these maneuvers, did i? so how is it a fanboy statement? Apple stockholders big and small win when apple's stock is constantly pumped by "analysts". But ya never know, they could get some side pay from apple for the constant pumping. wumberpeb, never said they didnt. their stock would have went up anyways because of high sales.. but if you can pump it up so more want to buy it, it goes up even more. that was my point.

22. gallitoking

Posts: 4721; Member since: May 17, 2011

honestly I only read the 1st paragraph.. but you were right on that paragraph.. so will assumed you went on a streak and wrote the other 2 paragraphs using your laptop instead of the Galaxy phone you have.. and when you do that.. you are right....

10. baaam

Posts: 61; Member since: Jan 06, 2012

WHOA!!! wholelottamoney!!!

14. jacko unregistered

making money from suckers that buy is**t

15. krazdjokr26 unregistered

for all you apple haters i guess this would be great news if android made this kind of money selling the phones yall brag so much about???

23. audiblenarcotic

Posts: 114; Member since: Nov 16, 2011

Well comparing the sales of Andriod vs. the sales of Apple from a stock standpoint would be rather difficult. Considering that Apple makes the OS and the Hardware therefore reaps all the profits of the phone sales and Google only hadnles the OS portion of it while many manufaturers make the handsets that run the OS. Many manufaturers are reaping the benefits fo the phone sales while google is mostly making its money off of the advertising. Maybe I'm wrong but in this particular conversation there is no fair way to actually compare the 2 companies because of drastically different business models in the wireless element of the companies. Having said all of that... Google stock is currently trading at $626.79 as I write this. Again I'm not a genius when it comes to stock but I'd say thats pretty good, no?

24. krazdjokr26 unregistered

very informative. much respect... i cant really get mad at a company for "making money" honestly... we go to a mobile store they say "you can upgrade to an iphone for $199" i buy that phone then leave. sure i helped them reach that $400 billion mark but i'm satisfied as well... if i was a cell phone service provider then i would be definitely uneasy about reading this article. you create a company to make money (first) while providing service right? Google has a brilliant marketing strategy as well... getting into the cell phone industry is very profitable... $626.79 is damn good! lol

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