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Apple's Stock Price Tops $410 to Reach All-Time High

Even as the broader markets are down so far today, Apple's stock price is up a healthy 2.4% over Friday's close, pushing the stock price to an all-time high of over $410 per share. The jump has pushed Apple's market capitalization to $380 billion, giving the company an approximately $25 billion cushion over second-place Exxon Mobil in the rankings of most valuable companies.


Apple's recent stock performance is evidence of the faith the markets have in Apple even as Tim Cook has officially replaced Steve Jobs as CEO. Apple's stock price initially dropped 5% in after-hours trading following Jobs' resignation but rebounded during regular trading the next day to close down only a fraction of a percentage point. Since that time nearly four weeks ago, Apple's stock is up 15% and is now higher than it had ever been under Jobs.

Update: After touching $413.23 late in the trading day, Apple's stock closed at $411.63 per share today.

Top Rated Comments

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107 months ago
Who ever said apple will die when steve left was wrong !
Rating: 18 Votes
107 months ago

Do you have any understanding of investment strategies?


Rating: 13 Votes
107 months ago
I wish I had a few AAPL shares :o
Rating: 10 Votes
107 months ago

lol, its not a case of being a smart arse, its a case of pointing out what the guy said is flatout wrong, steve never left, no two ways about it, he said he did.


Yes, there are two ways about it.

1) Steve Jobs left as the CEO of Apple
2) Steve Jobs left Apple completely

He only said "he left". There could be two different interpretations.

Why assume he made the wrong one?
Rating: 8 Votes
107 months ago

How high do you guys think Apple's stock will get?


The skies the limit...
Rating: 8 Votes
107 months ago

How high do you guys think Apple's stock will get?

One year target estimate: $570
Rating: 7 Votes
107 months ago

I'll wait for it to go up another $50, then I'll start buying.


Do you have any understanding of investment strategies?
Rating: 7 Votes
107 months ago

No one said that.

Steve hasn't left.


Yes people did, even if they were obviously wrong even at the time.

No, he hasn't left Apple, but he left as the CEO.

Don't play smartass, you know what he meant.
Rating: 7 Votes
107 months ago
I have a feeling the analyst predictions will be blown away again this quarter.
Rating: 7 Votes
107 months ago
I'll wait for it to go up another $50, then I'll start buying.

Rating: 6 Votes

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