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


SPY200.39  chart-0.09  chart -0.04%
GOOG583.08  chart+3.13  chart +0.54%
AAPL101.03  chart+0.17  chart +0.17%
TSLA260.61  chart-0.13  chart -0.05%
BBRY11.05  chart-0.01  chart -0.09%
NFLX454.17  chart-2.74  chart -0.60%
FB76.39  chart+0.31  chart +0.41%

Nikkei15888.67  chart-22.86  chart -0.14%
Shanghai2307.893  chart+11.338  chart +0.00%
UK6780.90  chart-11.34  chart -0.17%
France4431.41  chart+22.26  chart +0.50%
Germany9661.50  chart+28.57  chart +0.30%