Apple’s Stock Trades in Record Territory - $534

| Apple Stock Watch

Shares in Apple Inc. once again traded in record territory on Tuesday, topping the US$534 per share mark in the early afternoon session. The gains edge the company closer to a market cap of half a trillion dollars, and cement Apple’s lead as the world’s most valuable corporation.

AAPL Chart

AAPL Chart for February 28th, 2012
Source: Yahoo! Finance

The intra-day high was set earlier on Tuesday at $534.62 per share. The current record closing high was set on Monday, when the stock ended the day at $525.76.

The stock has advanced more than $130 per share in 2012, a gain of more than 32 percent since it closed at $403.51 per share at the end of the trading year in 2011.

As of this writing, AAPL was trading at $534.24 per share, a gain of $8.48 (+1.61 percent), on moderate volume. At that price, Apple’s market cap is $498.1 billion.

*In the interest of full disclosure, the author holds a tiny, almost insignificant share in AAPL stock that was not an influence in the creation of this article.

Sign Up for the Newsletter

Join the TMO Express Daily Newsletter to get the latest Mac headlines in your e-mail every weekday.



Um. I believe you mean half a trillion not billion


As a shareholder since 1997, I’d like to quote Maxwell Smart:

“And loving every minute of it!”

Bryan Chaffin

Um. I believe you mean half a trillion not billion

Doh! You are correct, sir! Article corrected.

Lee Dronick

$544 at the time of this comment!

Log-in to comment