Apple Exceeds $300 Billion In Market Capitalization

By Jan 3, 2011, 2:32 PM Author's Blog  

Earlier today shares of  Apple (AAPL) traded at over $330.00 per share bringing the company’s total Market Capitalization value to more than $300 billion. Shares of AAPL are currently up $7.28, or 2.26%, to $329.87, which gives Apple Inc. a market value of $302.34 billion. The security’s new 52-week high price of $330.20, printed earlier today, currently generates a market cap at $302.5 billion.

Apple Inc. is the second U.S. co. in terms of market cap trailing Exxon Mobil Corporation (XOM). The petroleum company has at $74.67 p/sh a Market Capitalization value of about $376.98 billion.

Apple shares, which are now up 50.72% since the start of last year, trade at a trailing P/E of 21.76, a forward multiple of 14.65 and a P/E to Growth ratio of 0.84. More than 10 million AAPL shares have already traded hands compared to a daily average of around 16.1 million. The median Wall Street price target on the stock is $375.00 with a high target of $500.00

Apple Exceeds $300 Billion In Market Capitalization

  • SHARE:
  • Share on StockTwits

LEAVE A COMMENT

SPY210.77  chart+1.44  chart +0.69%
GOOG631.93  chart+3.93  chart +0.63%
AAPL122.99  chart-0.39  chart -0.32%
TSLA263.82  chart-1.00  chart -0.38%
TWTR31.24  chart-5.30  chart -14.50%
BBRY8.00  chart+0.20  chart +2.56%
NFLX107.08  chart+0.18  chart +0.17%
FB96.99  chart+1.70  chart +1.78%

Nikkei20522.83  chart+219.92  chart +1.08%
UK6678.88  chart+47.88  chart +0.72%
France5049.91  chart+32.47  chart +0.65%
Germany11258.28  chart+46.43  chart +0.41%

EUR / USD1.0954  chart-0.0024  chart -0.22%
GBP / USD1.5630  chart+0.0029  chart +0.19%
CAD / USD0.7704  chart-0.0018  chart -0.23%
AUD / USD0.7270  chart-0.0020  chart -0.27%

Gold Fut1084.70  chart-8.10  chart -0.74%
Oil Fut49.15  chart+0.36  chart +0.74%