Apple Closes at All-Time High of $104.83 [Chart]

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Posted October 23, 2014 at 9:59pm by iClarified

Apple's stock closed today at an all-time high of $104.83, up 1.8% today, and up 50% from April 2013, reports Fortune.

It took a few days, but Apple’s blow-out quarterly earnings report — driven by strong iPhone and Mac sales and bolstered by the largest stock repurchase program in the history of capitalism — has finally made its way through Wall Street’s algorithms and into Apple’s share price.

The company's market cap is now a record $614.95 billion, according to Yahoo Finance. Compare that to Exxon at $401.35B, Microsoft at $370.96B, and Google at $368.97B.

Did you hold on to your stock through the downturn? Let us know in the comments!

Take a look at the chart below!

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Apple Closes at All-Time High of $104.83 [Chart]

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Comments (15)

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bunam - October 24, 2014 at 7:16am

i think Yahoo is wrong because Google finance announce 606,16 Why ? There is less share to share ;) http://ycharts.com/companies/AAPL/shares_outstanding So the value of a share is at it best all time, but the value of the company is less.

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bunam - October 24, 2014 at 7:17am

Typo : Google finance announce 604,16

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adam - October 24, 2014 at 6:10am

yeah the 2000 shares I bought at 15 in 2002 have done me well. Still have a few after all the splits.

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gamerscul9870 - October 24, 2014 at 12:37pm

Yeah few more stocks added.

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radfan957 - October 24, 2014 at 1:31am

What's with the people writing these articles? Apple stock was worth much more than this a few years ago. A 7 to 1 split makes the stock worth 1/7 of what it was previously valued at. It doesn't retain its original value and you don't factor that in when calculating current value.

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Shareholder - October 24, 2014 at 2:45am

If you knew about anything finance, you would know that a company's capital market value doesn't change whether they did a stock split or not; only the price of the stock and dividends change. The stock a share was 658 dollars before their stock split in June which made the new price after the split at 94 dollars and dividends at .47 cents.

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Shareholder - October 24, 2014 at 2:55am

Anything in finance*

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Captain Japan - October 24, 2014 at 2:17pm

And that is not covered anywhere in the article. I understand finance and I am a business major. $700 split 7 ways is $100 per share. Each share of stock is still worth $100 per share. The sum of the stock has a greater value, but that doesn't change the value of each share. The article is misleading....especially the headline. Talk to me when the stock gets to $600 per share again. That's a headline!!

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Shareholder - October 24, 2014 at 2:24pm

I think if it hit 600 again, I would be on an island relaxing for the rest of my life lol

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Shareholder - October 24, 2014 at 2:27pm

And they're just saying that it's hit all time high.. Back in 2012 I believe it peaked at 701 and then dropped to lows of 395. But now it's at 105 which you know it would of been 735 before stock split.

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Gerardo - October 24, 2014 at 12:25am

They did a 7 for 1 split

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Jack Listanowsky - October 24, 2014 at 10:05am

i bought Apple stock much to the disapproval of many friends at $518.00. Everyone kept insisting at that time which was about sometime in the second quarter of this year that the stock would drop like a big fat rock in the lake. Happily I can report now that i seemed to have been right and I am now enjoying a huge upside. I bought a lot but wish it was much more. Now I am being told by the same people to sell sell sell. I am choosing to hold as I believe it wil hit $ 130.00. What say you who read this comment????

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