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:

LEAVE A COMMENT

Our Partners:

SPY186.39  chart+0.265  chart +0.14%
GOOG536.10  chart-20.44  chart -3.67%
AAPL524.94  chart+5.93  chart +1.14%
TSLA198.12  chart-0.99  chart -0.50%
BBRY7.15  chart0.00  chart +0.00%
NFLX345.74  chart+14.33  chart +4.32%
FB58.94  chart-0.78  chart -1.31%

DJIA Fut0.00  chartN/A  chartN/A
Nasdaq Fut0.00  chartN/A  chartN/A
S&P Fut0.00  chartN/A  chartN/A
Oil Fut0.00  chartN/A  chartN/A
Gold Fut0.00  chartN/A  chartN/A

Nikkei14516.27  chart+98.739  chart +0.68%
Shanghai2097.748  chart-1.137  chart +0.00%
UK6625.25  chart+41.08  chart +0.62%
France4431.81  chart+26.15  chart +0.59%
Germany9409.71  chart+91.89  chart +0.99%