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AAPL Trading Over $201

by , 12:10 PM EST, December 27th, 2007

Apple's stock closed at a new high of US$198.95 on Wednesday, but didn't stop there. The Mac and iPod maker's stock climbed up over $200 during Thursday morning trading, and topped $201 before noon EST.

The Cupertino company's market cap is reflecting the continued rise and is sitting at $170.03 billion, only 4.6 billion below IBM's $174.63 billion market cap.

Apple is currently trading at $201.75, up 2.80 (1.41%).

If you are interested in Apple's stock, join our forum members in the Apple Finance Boards, a moderated forum for Apple Investors and people who are interested in Apple's financial dealings. For other stories regarding Apple's stock activity, visit our updated Apple Stock Watch Special Report.

Observer Comments

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View Name:Guest
Fri Dec 28, 2007 3:11 am Subject: Huh?
Close Name:gslusher Posts: 2043 Joined: 13 Nov 2002
Sat Dec 29, 2007 9:38 pm Subject: Huh? Back to you

Quote
Guest wrote:
IBM's current market capitalization is $151 billion much lower than AAPL's $174 billion.


As of the end of the day on Friday, according to Yahoo Finance, AAPL was $199.83, giving a market capitalization of $168.41B; IBM was 110.09, market cap of $173.89B. IBM closed up only $0.49, so there wasn't that much movement. Where did you get the $151B figure? That would imply a price for IBM of about $95.60, a level it hasn't seen since last April.

Perhaps you were thinking of another company or typed in the wrong symbol.


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